Insignificant share capital increase
(Thomson Reuters ONE) - Press release from ÿssur hf. Reykjavik, 30 November 2009, GMT 22:00 Insignificant share capital increaseThe Board of Directors of ÿssur hf. (ÿssur) has today resolved toissue 1,250,000 new shares in the Company, raising the total sharecapital 0.28%, from ISK 452,500,000 to ISK 453,750,000 nominal value.The resolution was made in accordance with the Board's authorizationcontained in the Company's Articles of Association, section B, secondparagraph of Art. 2.01.The new shares are issued in relation to ÿssur's acquisition of astake in a US bracing and support distribution company. Thisacquisition has immaterial impact on ÿssur operations.The price of each new share is DKK 5.12 (equivalent to USD 1.03) tobe paid in USD. Accordingly, the gross proceeds will be USD1,287,500. The sellers have subscribed for all the new shares.ÿssur contacts:Sigurborg Arnarsdottir, IR Manager, Tel: +354 664-1044ÿssur (NASDAQ OMX: OSSR) is a global leader in non-invasiveorthopaedics that help people live a life without limitations. Itsbusiness is focused on improving people's mobility through thedelivery of innovative technologies within the fields of bracing,supports, prosthetic limbs and compression therapies. A recognized"Technology Pioneer", ÿssur invests significantly in research andproduct development; its award-winning designs ensuring aconsistently strong position in the market. Successful patient andclinical outcomes are further empowered via ÿssur's educationalprograms and business solutions. Headquartered in Iceland, ÿssur hasmajor operations in the Americas, Europe and Asia, with additionaldistributors worldwide.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 30.11.2009 - 23:01 Uhr
Sprache: Deutsch
News-ID 9049
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