Copenhagen, 2016-03-15 08:33 CET (GLOBE NEWSWIRE) --
No. 9/2016
ISS A/S (ISS.CO, ISS DC), a leading global provider of facility services, today announced the receipt of the attached notification from Ontario Teachers’ Pension Plan Board (“OTPP”) pursuant to section 29 of the Danish Securities Trading Act and section 55 of the Danish Companies Act. Following completion of the sale of shares, OTPP will no longer hold any shares in ISS A/S.
In connection with the sale of shares by OTPP, ISS A/S has purchased 456,431 shares to be held in treasury with the purpose of hedging obligations arising from ISS A/S’ share based incentive scheme (LTIP) (the “Transaction”).
As a result of ISS A/S’ purchase of shares to be held in treasury, the share buyback programme launched in company announcement no. 3/2016 on 2 March 2016 will terminate effective immediately. The Transaction is not comprised by the share buyback programme.
A total of 161,201 shares was purchased under the share buyback programme with an accumulated transaction value of DKK 39,340,327.02, including transaction up to and including Monday 14 March 2016. The following transactions under the share buyback programme have been executed on 14 March 2016:
| Number of shares | Average purchase price, DKK | Transaction value, DKK | |
| 14-03-2016 | 17,000 | 251.53 | 4,275,993.00 |
| Accumulated for the period | 17,000 | 4,275,993.00 | |
| Accumulated under the programme | 161,201 | 39,340,327.02 |
Following all the transactions stated above, ISS A/S owns a total of 2,395,107 treasury shares corresponding to 1.29% of the total share capital.
For investor enquiries
Nicholas Ward, Head of Group Investor Relations, +45 3817 6251
Martin Kjær Hansen, Investor Relations Manager, +45 3817 6431
For media enquiries
Manuel Vigilius, Global Media Relations Manager, +45 3817 6404
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About ISS The ISS Group was founded in Copenhagen in 1901 and has grown to become one of the world’s leading Facility Services companies. ISS offers a wide range of services such as: Cleaning, Catering, Security, property and Support Services as well as Facility Management. Global revenue amounted to DKK 79.6 billion in 2015 and ISS has approximately 505,000 employees and activities in more than 75 countries across Europe, Asia, North America, Latin America and Pacific, serving thousands of both public and private sector customers. For more information on the ISS Group, visit www.issworld.com. |
ISS A/S, ISIN DK 0060542181,
ISS Global A/S, ISIN XS1145526585, ISIN XS1330300341, ISIN XS1145526825
