Shares of Össur hf. Admitted to Trading on the Basis of Article 23 of the Act on Stock Exchanges
NASDAQ OMX Iceland hf. (the Exchange) has decided to admit the shares of Össur hf. to trading as of March 28, 2011. This decision is made at the initiative of the Exchange. It is made on the basis of article 23 of the Act on Stock Exchanges no. 110/2007 which permits stock exchanges to admit securities to trading on a regulated market without the consent of the issuer if the securities have already been admitted to trading on another regulated market in the European Economic Area.
The Exchange‘s decision to admit, at its own initiative, the shares of Össur to trading is made with reference to the capital controls currently in place in Iceland. Due to the capital controls NASDAQ OMX Iceland is the only regulated market in which Icelandic investors, including the Icelandic shareholders of Össur, can without restrictions buy and sell shares in the company.
Trading in Össur’s shares will be subject to the same trading rules and the same market surveillance as trading in other shares on NASDAQ OMX Iceland. According to article 23 of the Act on Stock
Exchanges, Össur is not under any obligation to provide information to NASDAQ OMX Iceland as the company has not granted its consent for the admission to trading on the Exchange. The company is, however, obligated to provide information to NASDAQ OMX Copenhagen. Therefore, its published announcements can as before be found at the Exchange’s website at www.nasdaqomxnordic.com/news
NASDAQ OMX Iceland will soon publish another announcement with further information on the admission to trading of Össur’s shares, e.g. on a new symbol in the trading system.
For further information, please contact:
Kristin Johannsdottir
kristin.johannsdottir@nasdaqomx.com
+354 868 9836
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