Company Announcement
Copenhagen, 25 March 2024
No. 12/2024
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 billion from 22 February 2024 to 19 February 2025 at the latest, both days inclusive. The first tranche of the programme of up to DKK 500 million commenced on 22 February 2024 and complete no later than 9 August 2024.
The following transactions have been made under the programme:
Number of shares Average purchase price, DKK Transaction value, DKK Accumulated, last announcement 773,328 124.38 96,184,655 18 March 2024 35,000 123.05 4,306,918 19 March 2024 35,000 124.10 4,343,619 20 March 2024 35,000 124.03 4,341,113 21 March 2024 32,090 123.66 3,968,281 22 March 2024 29,295 124.35 3,642,710 Accumulated under the programme 939,713 124.28 116,787,297
Following the transactions stated above, ISS A/S owns a total of 647,268 treasury shares corresponding to 0.35% of the total share capital.
In accordance with the Market