Employee share programme
30 Abril 2003 - 11:17AM
UK Regulatory
]>
Stock Exchange Release
Stock Exchange Release No.
09/03 30 April 2003
Employee share programme
As announced in the Stock Exchange Release No. 29/02, The Board of
Directors of ISS A/S resolved to use an authorisation from the
shareholders to launch an employee share programme in the spring of
2003.
Under the employee share programme, employees at all levels in the
global organisation with at least three months' seniority were
invited to subscribe for employee shares. The subscription price was
fixed at DKK 69 per share, equal to one third of the average market
price on the first five trading days following the release of the
annual results for 2002.
The maximum number of shares available for subscription was limited
to 400,000, corresponding to an increase in ISS' current share
capital of up to 0.9%. The subscription period has now expired and
the issue turns out to be over-subscribed by about 60%. Thus,
approximately 400,000 new shares will be issued.
Following payment, the new shares will be issued in June 2003.
Further information:
Eric S. Rylberg
Chief Executive Officer
Karsten Poulsen
Chief Financial Officer
Tel.: +45 38 17 00 00
- ---END OF MESSAGE---
Copyright � Hugin ASA 2003. All rights reserved.-----BEGIN PGP SIGNATURE-----
Version: PGP 6.5.8
iQA/AwUBPq/pEu6RaHz0nSHVEQJ4agCfZGHr0UzODPmZROp1sUpzoCE6I/cAoJPG
I0sDlVfTkePmW7XrhbaJtI6p
=7d2j
-----END PGP SIGNATURE-----