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Ossur Hf : Share Options Settled
Ossur Hf : Share Options Settled
6 februari 2014
Announcement from Össur hf. nr. 3/2014 ReykjavÃk, 6. February 2014 Share Options Settled 100,000 share options granted on 15 December 2009 to Sveinn Sölvason, CFO and Margrét Lára Friðriksdóttir, EVP of HR and Corporate Strategy, respectively, vested on 15 December 2013. The share options could not be exercised due to a closed period for insider trading and restrictions in the Icelandic Act on Foreign Exchange. Therefore the options will be settled with cash payment equaling the difference of the exercise price (DKK 5.32) and the market price (DKK 11.30), multiplied with the number of share options. Total payments amount to USD 0.2 million. This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Ossur Hf via GlobeNewswire [HUG#1759512]
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