Market maker agreement

Sep 29, 2015, 13:24

Today, IC Group signed a market maker agreement with Danske Bank. Danske Bank will act as market maker for IC Group’s shares on NASDAQ OMX Copenhagen, as specified in the market maker agreement. Danske Bank will continuously submit both bid and ask offers for IC Group’s shares. The purpose of this agreement is to improve liquidity in IC Group’s shares on NASDAQ OMX Copenhagen in order to facilitate effective pricing of the shares.

 

The terms of the market making agreement are as follows:

  • Bid and ask offers will be submitted with a maximum spread of 1%
  • The quotes offered are valid for a minimum of 500 shares
  • In the event of changes in economic, financial or political conditions materially impeding these obligations, Danske Bank may deviate from the above-mentioned terms
  • The agreement is effective as of 1 October 2015

 

 

 

IC Group A/S

 

Mads Ryder

Group CEO

 

 

 

 

Please direct any questions regarding this announcement to:

Jens Bak-Holder

Investor Relations Manager

Phone: +45 21 28 58 32

 

 

 

This announcement is a translation from the Danish language. In the event of any discrepancy between the Danish and English versions, the Danish version shall prevail.