Össur requests delisting from NASDAQ OMX Iceland - Focus on the listing in Copenhagen
Announcement Össur hf. No. 22/2010
Reykjavik, 15 November 2010
Össur requests delisting from NASDAQ OMX Iceland Focus on the listing in
Copenhagen
Össur's shares are listed on both NASDAQ OMX Copenhagen and Iceland. Today the
Board of Directors of Össur decided to request delisting from NASDAQ OMX
Iceland. The Company will focus on the listing in Copenhagen.
Jon Sigurdsson, President & CEO: "Össur has been listed in Iceland since 1999
and the listing has been instrumental in the Company's growth. However the
business environment and the Company have changed and it is important for us to
focus on a trading platform that can support our strategic plans for future
growth. We would like to emphasize that this decision only affects the listing
venue of the Company's shares. Operations in Iceland have been expanding and we
do not foresee that to change."
Össur was listed on NASDAQ OMX Copenhagen in September 2009. The listing
provides access to international investors in a recognized market for healthcare
companies. Currently 64% of the Company's shares are traded on the Danish
market.
No actions are required by shareholders.
The delisting request will be sent immediately to NASDAQ OMX Iceland. Further
information will be disclosed when the request has been processed.
Össur contacts:
Jon Sigurdsson, President & CEO, tel. +354 664 1003
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