ÿssur signs a new market making agreement with Saga Capital
(Thomson Reuters ONE) - Press release from Ossur hf. 12 September 2009, GMT 16:25 ÿssur signs a new market making agreement with Saga Capitalÿssur hf. and Saga Capital Investment Bank hf. have today signed anew market making agreement, replacing the previous agreement betweenthe companies from April 2008. This agreement is only in relation tothe Company's listing in Iceland.According to the agreement, Saga Capital acts as market maker onNASDAQ OMX Iceland for shares issued by ÿssur. Saga Capital willsubmit daily bid and offer quotes for the shares in the NASDAQ OMXIceland trading system. The amount of each bid and offer quote shallbe a minimum of 20,000 shares at a price determined by Saga Capitalat any given time. The maximum bid/offer spread shall not exceed 2.0%and the difference from the last price shall not exceed 3.5%. SagaCapital is obligated to provide liquidity for up to 100,000 shareseach day.The purpose of the agreement is to facilitate trading and provideliquidity in the Company's shares on NASDAQ OMX Iceland and topromote efficient and transparent price formation.ÿssur contacts:Hjörleifur Palsson, CFO, tel. +354 515 1300Sigurborg Arnarsdottir, IR Manager, tel. +354 664 1044About ÿssurÿssur (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 bracing and 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 inAmerica and Europe, with additional distributors worldwide.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 12.11.2009 - 17:44 Uhr
Sprache: Deutsch
News-ID 8325
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