Completion of the Offering of 29,500,000 new shares
(Thomson Reuters ONE) - Not for release, publication, or distribution in Australia, Canada, Japan or the United States. Press release from ÿssur hf. Reykjavik, 3 November 2009; GMT 07:30Completion of the Offering of 29,500,000 new sharesThe offering (the "Offering") of 29,500,000 new ÿssur hf. ("ÿssur")shares (the "New Shares") has been successfully concluded via anaccelerated bookbuilding.Reference is also made to stock exchange announcement of 2 November2009.The offer price is DKK 5.00 per New Share, raising gross proceeds toÿssur of DKK 148 million. (USD 29 million).The Offering was made to institutional and other qualified investorsin Denmark and internationally.Capital increaseThe New Shares to be issued in connection with the Offering representapproximately 7.0% of ÿssur's registered share capital before thecapital increase and will account for approximately 6.5% of ÿssur'sregistered share capital upon completion of the capital increase.After the capital increase, the share capital of ÿssur will consistof 452,500,000 shares of nominal ISK 1 each, equivalent to a nominalvalue of ISK 452,500,000.Expected timetableDate of payment against delivery: 6 November 2009Date of registration of the capital increase in the IcelandicRegister of Enterprises: 6 November 2009Date for admission for trading and official listing of New Sharesunder the existing ISIN code: 9 November 2009The New Shares will rank pari passu with existing ÿssur shares. TheNew Shares will be registered in the name of the holder in thecompany's register of shareholders and be issued and registered withthe Icelandic Securities Depository HF. and VP Securities A/S.No shares, including the New Shares, carry or will carry any specialrights. The New Shares will be negotiable instruments and will inevery respect carry the same rights as the existing shares. Rightsconferred by the New Shares, including voting rights and dividendrights, will apply from the time when the capital increase isregistered with the Icelandic Register of Enterprises.Trading with Icelandic financial instruments is currently subject toIcelandic Foreign Exchange Rules. The Central Bank of Iceland hasgranted exemptions to the rules allowing certain transfers of andtrade in ÿssur shares. Investors domiciled outside Iceland will, ingeneral, be able to trade the New Shares freely on the Danish market.More detailed information on the possibilities to transfer and tradeÿssur shares can be found on ÿssur's website:www.ossur.com/investors.Further information can be found on Ossur's website:www.ossur.com/investors.ÿssur contacts:Jon Sigurdsson, President & CEO, Tel: +354 515-1300Hjorleifur Palsson, CFO, Tel: +354 515-1300Sigurborg Arnarsdottir, IR Manager, Tel: +354 664-1044ÿssur (OMX: OSSR) is a global leader in non-invasive orthopaedicsthat help people live a life without limitations. Its business isfocused on improving people's mobility through the delivery ofinnovative technologies within the fields of braces, supports,prosthetic limbs and compression therapies. A recognized "TechnologyPioneer", ÿssur invests significantly in research and productdevelopment; its award-winning designs ensuring a consistently strongposition in the market. Successful patient and clinical outcomes arefurther empowered via ÿssur's educational programs and businesssolutions. Headquartered in Iceland, ÿssur has major operations inthe Americas, Europe and Asia, with additional distributorsworldwide.*****This announcement is not an offer for sale of securities in theUnited States. Securities may not be offered or sold in the UnitedStates absent registration or an exemption from registration underthe US Securities Act of 1933 as amended. The issuer of thesecurities has not registered, and does not intend to register, anyportion of the offering in the United States, and does not intend toconduct a public offering of securities in the United States.This announcement is only being distributed to and is only directedat (i) persons who are outside the United Kingdom or (ii) that arequalified investors within the meaning of Article 2(1)(e) ofDirective 2003/71/EC ("Prospectus Directive") and that are either (x)investment professionals falling within Article 19(5) of theFinancial Services and Markets Act 2000 (Financial Promotion) Order205 (the "Order") or (y) high net worth companies, and other personsto whom it may lawfully be communicated, falling within Article49(2)(a) to (d) of the Order (all such persons in (i) and (ii) abovetogether being referred to as "relevant persons"). The New Shares areonly available to, and any invitation, offer or agreement tosubscribe, purchase or otherwise acquire such securities will beengaged in only with, relevant persons. Any person who is not arelevant person should not act or rely on this document or any of itscontents.This announcement is an advertisement and is not a prospectus for thepurposes of the Prospective Directive, together with any applicableimplementing measures in the relevant home Member State under theProspectus Directive.In any EEA Member State that has implemented the ProspectiveDirective this communication is only addressed to and is onlydirected at qualified investors in that Member State within themeaning of the Prospectus Directive.*****This announcement contains certain forward-looking statements,including statements about the Company's business and the Offering.Such forward-looking statements are based on data, assumptions andestimates that the Company considers to be reasonable. They maychange or be amended owing to uncertainties related to the economic,financial, competitive and regulatory environment, and marketconditions. In addition, the Company's business activities and itsability to meet its goals may be adversely affected if one or more ofthe risks that are set forth in the summary document that wasprepared in connection with the listing of shares in ÿssur on NASDAQOMX Copenhagen in addition to the section "Risk factors" in theCompany's Annual Report 2008 materialize, or if other risks,currently unforeseen or considered insignificant, materialize. TheCompany does not undertake to meet or give any guarantee that it willmeet its goals. Investors are urged in particular to pay carefulattention to the risk factors described in the summary document thatwas prepared in connection with the listing of shares in ÿssur onNASDAQ OMX Copenhagen in addition to the section "Risk factors" inthe Company's Annual Report 2008.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 03.11.2009 - 08:25 Uhr
Sprache: Deutsch
News-ID 7815
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