Executives of IC Companys have subscribed a total of 112,059 shares with a nominal value of DKK 10 by exercising warrants previously granted to them. Accordingly the share capital has been increased by DKK 1,120,590 nominal value. The shares were subscribed at DKK 173.50 per share without pre-emption rights to the company’s other shareholders or any other parties. The proceeds to the company from the shares subscribed are DKK 19,442,237.
Application will be made to the Copenhagen Stock Exchange for listing of the new shares following registration of the capital increase with the Danish Commerce and Companies Agency.
The new shares will be entitled to dividend as from the financial year 2007/08. As the new shares do not carry the right to receive dividend for the financial year 2006/07, the new shares will be registered under a temporary ISIN code with the Copenhagen Stock Exchange. Immediately upon the Company’s Annual General Meeting 24 October 2007, the temporary ISIN code for the new shares is converted into the ISIN code for ordinary shares.
The share capital of IC Companys A/S after the increase amounts to DKK 185,055,570.
IC Companys A/S
President & CEO
Contacts Henrik Theilbjørn, President & CEO
Tel. +45 3266 7646
Chris Bigler, CFO
Tel. +45 3266 7017
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