Transactions by Persons Discharging Managerial Responsibilities
ISS A/S, a prominent company in workplace experience and facility management, has announced a new share buyback program. This initiative is being carried out in accordance with Regulation (EU) No 596/2014 from the European Parliament and the Council of April 2014, known as the Market Abuse Regulation, along with the Commission Delegated Regulation (EU) 2016/1052 from March 2016, commonly referred to as the Safe Harbour Regulation.
Recently, ISS A/S revealed plans to increase the second tranche of its share buyback program. KIRKBI Invest A/S has expressed its intention to sell a proportional number of shares to maintain its 17% ownership stake. The total expected consideration for this second tranche, along with the shares to be repurchased from KIRKBI Invest A/S, is anticipated to reach DKK 750 million.
ISS A/S has also received notifications regarding transactions involving its shares made by individuals in managerial positions and their closely associated persons. KIRKBI Invest A/S has sold 1,700,544 shares, reducing its holdings to a total of 29,142,341 shares in the company.
After this transaction, ISS A/S now holds a total of 5,499,347 treasury shares, which represents 2.96% of the company's total share capital.
For investor enquiries
Michael Vitfell-Rasmussen, Head of Group Investor Relations, can be reached at +45 53 53 87 25.
For media enquiries
Charlotte Holm, Head of External Communication, is available at +45 41 76 19 89.
About ISS
ISS is a leading global provider of workplace and facility service solutions. Collaborating closely with customers, ISS enhances employee engagement and well-being, minimizes environmental impact, and safeguards property. The company achieves this through a distinctive blend of data, insights, and exceptional service across various global locations. With a workforce exceeding 350,000 employees, ISS reported a Group revenue of DKK 78.7 billion.
Frequently Asked Questions
What is the recent share buyback programme announced by ISS A/S?
The recent share buyback programme is designed to repurchase shares, allowing the company to manage its equity base more effectively.
Who is KIRKBI Invest A/S?
KIRKBI Invest A/S is a major shareholder in ISS A/S, holding a 17% ownership stake in the company.
How many shares did KIRKBI Invest A/S sell?
KIRKBI Invest A/S sold a total of 1,700,544 shares in ISS A/S.
What percentage of total share capital does ISS A/S own in treasury shares?
ISS A/S currently owns 5,499,347 treasury shares, which constitutes 2.96% of the total share capital.
How can investors contact ISS A/S for inquiries?
Investors can contact Michael Vitfell-Rasmussen at +45 53 53 87 25 for any inquiries they may have.
