Ossur Hf : Registration of capital reduction of 5,430,259 shares completed

Announcement no. 21/2019
29 March 2019

Registration of capital reduction of 5,430,259 shares completed

Reference is made to the Company's announcement no. 16/2019 published on 7 March 2019.

The capital reduction of ISK 5,430,259 nominal value was registered with the Icelandic Register of Enterprises today. 5,430,259 own shares with a nominal value of ISK 1 each were cancelled.

The share capital of Össur is now ISK 425,377,804 nominal value divided into the same number of shares with a nominal value of ISK 1 each. The Company currently holds 1,110,364 own shares.

The shares cancelled are expected to be removed from trading on Nasdaq Copenhagen with effect from 2 April 2019.

Further information

David Hreidarsson, Investor Relations, dhreidarsson@ossur.com, Tel: +354 515 1380

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About Össur

Össur (NASDAQ: OSSR) is a global leader in non-invasive orthopaedics that helps people live a life without limitations.  Its business is focused on improving people's mobility through the delivery of innovative technologies within the fields of braces, supports, prosthetic limbs and compression therapy.  A recognized "Technology Pioneer", Össur invests significantly in research and product development; its award-winning designs ensuring a consistently strong position in the market. Successful patient and clinical outcomes are further empowered via Össur's educational programs and business solutions.  Headquartered in Iceland, Össur has major operations in the Americas, EMEA and APAC, with additional distributors worldwide. www.ossur.com.