Össur hf: Össur’s total share capital following completion of capital increase of 6,636,122 shares
Announcement no. 2/2024
24 January 2024
Background
Reference is made to Össur’s announcement no. 1/2024 published 16 January 2024. In connection with the acquisition of Fior & Gentz, the Board of Directors of Össur resolved to utilize the authorization in Article 5, paragraph 1, of the Articles of Association to issue 6,636,122 new shares in Össur. The price of each new share was DKK 28.10 and the total value of the share capital increase was thus DKK 186 million (EUR 25 million).
The sellers of Fior & Gentz subscribed for all the new shares. The sellers agreed to a one-year lock-up period from closing for all the new shares, and to a lock-up period of an additional year for 50% of the new shares, during which they are not entitled to sell their shares in Össur.
Registration of capital increase completed
The capital increase of ISK 6,636,122 nominal value was registered with the Icelandic Register of Enterprises today.
The new shares are expected to be admitted to trading on Nasdaq Copenhagen with effect from 26 January 2024.
Össur’s total share capital
According to Article 19 of the Icelandic Act on Issuers’ Disclosure Requirements and Flagging Obligations no. 20/2021, an issuer shall make public, as soon as possible, the total number of shares and voting rights following an increase in share capital.
Össur’s total share capital is now ISK 427,636,122 nominal value divided into the same number of shares with a nominal value of ISK 1 each following the share capital increase referred to above. Each share carries one vote and hence the total number of voting rights is 427,636,122.
Enclosed are Össur’s updated Articles of Association, dated 16 January 2024.
Further information
David Hreidarsson, VP of Investor Relations, [email protected], +354 661 8225
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About Össur
Össur (Nasdaq Copenhagen: OSSR) is a leading global provider of innovative mobility solutions that help people live a Life Without Limitations®. For over 50 years, Össur has had a strong purpose rooted in positively impacting people’s health and well-being. A recognized “Technology Pioneer”, Össur focuses on improving people’s mobility through the delivery of solutions that advance patient care. Significant investment in research and development has led to over 2,000 patents, award-winning designs, successful clinical outcomes, and steady growth. Össur is committed to sustainable business practices and is signatory to the UN Global Compact, UN Women’s Empowerment Principles, and contributes to the UN Sustainable Development Goals. Össur operates globally and has around 4,000 employees. www.ossur.com
