Company Announcement
Copenhagen, 16 December 2024
No. 63/2024
Transactions in connection with share buyback programme
ISS A/S, a leading workplace experience and facility management company, announced on 22 February 2024 a new share buyback programme, see company announcement no. 4/2024. The share buyback programme is executed in accordance Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 (the “Market Abuse Regulation”) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, also referred to as the Safe Harbour Regulation.
Through the programme, ISS wishes to redistribute excess cash to shareholders. The purpose of the share buy-back programme is to (i) reduce the share capital and (ii) meet obligations arising from ISS’ share-based incentive programmes.
Under the programme, ISS will repurchase shares for a maximum consideration of DKK 1.5 billion from 22 February 2024 to 19 February 2025 at the latest, both days inclusive. The second tranche of the programme of up to DKK 1.0 billion commenced on 13 August 2024 and complete no later than 19 February 2025.
The following transactions have been made under the programme:
Number of shares Average purchase price, DKK Transaction value, DKK Accumulated, last announcement 7,354,666 127.64 938,733,041 09 December 2024 50,000 131.16 6,558,000 10 December 2024 30,000 130.74 3,922,200 11 December 2024 30,000 131.12 3,933,600 12 December 2024 30,000 130.14 3,904,200 13 December 2024 44,000 131.66 5,793,040 Accumulated under the programme 7,538,666 127.72 962,844,081
Following the transactions stated above, ISS A/S owns a total of 8,946,765 treasury shares corresponding to 4.82% of the total share capital.
In accordance with the Market Abuse
