Final closing of head office sale completed

Jan 05, 2016, 15:40

With reference to Company Announcement no. 8/2015 of 10 June 2015 regarding the sale of the Group’s head office, IC Group hereby informs that today it has concluded the sale of the property located 10 Raffinaderivej, Copenhagen, to Øens Invest ApS. The transfer of the property took place at 1 January 2016.

IC Group will continue to rent office space at the property during part of the first six months of 2016 until the Group relocates to its new head office located Adelgade, Copenhagen.

As reported in Company Announcement no. 8/2015 of 10 June 2015, the Group expects an insignificant positive impact on its earnings and cash flow from the sale.

The sale will have no impact on the Group’s outlook for the financial year 2015/16.

IC Group A/S
Mads Ryder
Group CEO

Please direct any questions regarding this announcement to:
Jens Bak-Holder
Investor Relations Manager
+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.