Reporting of transactions in accordance with section 28a of the Securities Trading Act
Copenhagen, 2016-03-21 07:42 CET (GLOBE NEWSWIRE) --
No. 11/2016
Reference is made to company announcement 9/2014 regarding implementation of incentive programs.
Under the ISS A/S Transition Share Programme, a maximum of 50 % of the performance share units ("PSUs") granted are eligible for vesting and each PSU will to the extent vested entitle the holder to receive one share in ISS A/S at no cost. After this vesting, no further PSUs are outstanding and the Transition Share Programme has ended.
Of the restricted share units ("RSUs"), which were received in settlement of the deferred cash bonus awarded under ISS A/S' Short-term Incentive Programme for the financial year 2014, 50 % has now vested.
Pursuant to section 28a of the Danish Securities Trading Act, the following transactions in securities of ISS A/S have been reported by the Executive Group Management Board:
| Name | Jeff Gravenhorst |
| Reason | Group CEO and member of the Executive Group Management Board |
| Issuer | ISS A/S |
| ISIN | DK0060542181 |
| Transactions | Received shares upon vesting of performance share units granted under the Transition Share Programme Received shares equal to 50% of the restricted share units received in settlement of the deferred part (1/3) of the annual performance based cash bonus awarded for the financial year 2014 under the Short-term Incentive Programme |
| Type of securities | Transition Share Programme: Shares Short-term Incentive Programme: Shares |
| Trading date (vesting) | 18 March 2016 |
| Trading market | Transition Share Programme: Nasdaq Copenhagen A/S Short-term Incentive Programme: Nasdaq Copenhagen A/S |
| Number of securities | Transition Share Programme: 24,863 (allocated upon vesting) Short-term Incentive Programme: 3,565 (allocated upon vesting) |
| Market value, DKK | Transition Share Programme: 6,260,503.40 Short-term Incentive Programme: 897,667.00 |
| Name | Heine Dalsgaard |
| Reason | Group CFO and member of the Executive Group Management Board |
| Issuer | ISS A/S |
| ISIN | DK0060542181 |
| Transactions | Received shares upon vesting of performance share units granted under the Transition Share Programme Received shares equal to 50% of the restricted share units received in settlement of the deferred part (1/3) of the annual performance based cash bonus awarded for the financial year 2014 under the Short-term Incentive Programme |
| Type of securities | Transition Share Programme: Shares Short-term Incentive Programme: Shares |
| Trading date (vesting) | 18 March 2016 |
| Trading market | Transition Share Programme: Nasdaq Copenhagen A/S Short-term Incentive Programme: Nasdaq Copenhagen A/S |
| Number of securities | Transition Share Programme: 14,532 (allocated upon vesting) Short-term Incentive Programme: 2,778 (allocated upon vesting) |
| Market value, DKK | Transition Share Programme: 3,659,157.60 Short-term Incentive Programme: 699,500.40 |
For investor enquiries
Nicholas Ward, Head of Group Investor Relations, +45 3817 6251
Martin Kjær Hansen, Investor Relations Manager, +45 3817 6431
For media enquiries
Manuel Vigilius, Global Media Relations Manager, +45 3817 6404
| About ISS The ISS Group was founded in Copenhagen in 1901 and has grown to become one of the world's leading Facility Services companies. ISS offers a wide range of services such as: Cleaning, Catering, Security, property and Support Services as well as Facility Management. Global revenue amounted to DKK 79.6 billion in 2015 and ISS has approximately 505,000 employees and activities in more than 75 countries across Europe, Asia, North America, Latin America and Pacific, serving thousands of both public and private sector customers. For more information on the ISS Group, visit www.issworld.com. |
ISS A/S, ISIN DK0060542181, ISIN US4651472056
ISS Global A/S, ISIN XS1145526585, ISIN XS1330300341, ISIN XS1145526825
Vedhæftede filer:
ISS Announcement - Reporting of transactions 28a 21032016.pdf