2017-08-28 18:00:22 CEST

2017-08-28 18:00:22 CEST


REGULATED INFORMATION

English
Össur hf. - Changes in company's own shares

Ossur Hf : Transactions in relation to share buyback program 


Announcement from Össur hf. No. 64/2017
Reykjavík, 28 August 2017


On  15 August 2017, Össur  hf. initiated  a share  buy-back program, see Company
announcement no. 59/2017.

The  purpose  of  the  share  buyback  program  is to reduce the Company's share
capital and adjust the capital structure by distributing capital to shareholders
in  line with the  Company's Capital Structure  and Dividend Policy. The program
would  end no later than 31 July 1018. The Company may purchase up to 5,000,000
shares  under the program,  corresponding to 1.1% of  the current share capital.
The  total consideration for shares purchased under the program shall not exceed
USD 10 million.

The following transactions were made under the program in week 2, the period 21
August 2017 - 25 August 2017:

 Date           No. of shares Avg. purchase price DKK Transaction Value DKK
---------------------------------------------------------------------------
 21 August 2017     48,677     29.84               1,452,658

 22 August 2017     1,884      29.60                 55,760

 23 August 2017     8,310      30.15                250,545

 24 August 2017       -          -                     -

 25 August 2017     10,038     30.18                302,983
---------------------------------------------------------------------------
 Total          68,909         29.92               2,061,946



Össur  acquired  94,297 shares  under  the  program  at the average price of DKK
29.81. Following  the  above  transactions  Össur's  holding  of  own  shares is
8,355,655 corresponding to 1.91% of the Company's total share capital.

The share buyback program was carried out in accordance with Regulation No.
596/2014 of the European Parliament and of the Council on market abuse ("MAR"),
and the Commission delegated regulation No. 2016/1052.


Contact persons:
Jón Sigurðsson, President & CEO                                            Tel:
+354 515 1300
Sveinn Sölvason, CFO
Tel: +354 515 1300

Össur  press releases by e-mail: If you wish  to receive Össur press releases by
e-mail       please      register      at      the      following      web-site:
http://www.ossur.com/investormailings

About Össur Össur (NASDAQ: OSSR) is a global leader in non-invasive orthopedics
that help people live a life without limitations. Its business is focused on
improving people's mobility through the delivery of innovative technologies
within the fields of braces, supports and prosthetic limbs. A recognized
"Technology Pioneer", Össur invests significantly in research and product
development; its award-winning designs ensuring a consistently strong position
in the market. Successful patient and clinical outcomes are further empowered
via Össur's educational programs and business solutions.  Headquartered in
Iceland, Össur has major operations in the Americas, Europe and Asia, with
additional distributors worldwide. www.ossur.com

Forward-Looking Statement This press release includes "forward-looking
statements" which involve risks and uncertainties that could cause actual
results to differ materially from results expressed or implied by these
statements. Össur hf. undertakes no obligation and does not intend to update
these forward-looking statements to reflect events or circumstances occurring
after this press release. You are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this press
release. All forward-looking statements are qualified in their entirety by this
cautionary statement.

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