Ontario Teachers to sell equity interest in Denmark’s ISS

ISS A/S (ISS.CO, ISS DC) has been notified by Ontario Teachers’ Pension Plan of the latter’s decision to sell its shares in the company. Ontario Teachers, which invested in ISS in August 2012, will no longer hold any of its shares following the sale. Copenhagen, Denmark-based ISS, a provider of integrated facility services, went public two years ago. It was previously majority-owned by EQT Partners and Goldman Sachs Capital Partners.


Major shareholder announcement and termination of share buyback programme

Copenhagen, 2016-03-15

ISS A/S (ISS.CO, ISS DC), a leading global provider of facility services, today announced the receipt of the attached notification from Ontario Teachers’ Pension Plan Board (“OTPP”) pursuant to section 29 of the Danish Securities Trading Act and section 55 of the Danish Companies Act. Following completion of the sale of shares, OTPP will no longer hold any shares in ISS A/S.

In connection with the sale of shares by OTPP, ISS A/S has purchased 456,431 shares to be held in treasury with the purpose of hedging obligations arising from ISS A/S’ share based incentive scheme (LTIP) (the “Transaction”).

As a result of ISS A/S’ purchase of shares to be held in treasury, the share buyback programme launched in company announcement no. 3/2016 on 2 March 2016 will terminate effective immediately. The Transaction is not comprised by the share buyback programme.

A total of 161,201 shares was purchased under the share buyback programme with an accumulated transaction value of DKK 39,340,327.02, including transaction up to and including Monday 14 March 2016. The following transactions under the share buyback programme have been executed on 14 March 2016:

See chart here.

Following all the transactions stated above, ISS A/S owns a total of 2,395,107 treasury shares corresponding to 1.29% of the total share capital.

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.

Photo courtesy of ISS Group