Ossur Hf : Share options settled

Announcement 24/2012 500,000 share options granted on 15 July 2008 to Mahesh Mansukani, President of Össur Americas, vested on 15 July 2012. The share options cannot be exercised due to restrictions in the Icelandic Act on Foreign Exchange. Therefore the agreement will be settled with cash payment equaling the difference of the exercise price (DKK 5.4) and market price (DKK 8.15), multiplied with the number of share options. The total payment amounts to USD 0.2 million. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters 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 Thomson Reuters ONE [HUG#1630046]