Reduction of share capital

Jan 26, 2009, 15:59

STOCK EXCHANGE ANNOUNCEMENT

26 January 2009

IC Companys A/S – Reduction of share capital

At the annual general meeting of IC Companys held on 22 October 2008, a resolution was adopted to reduce the company’s share capital by DKK 9,768,250 nominal value, equivalent to the number of shares, 976,825, that had been bought back under the share buyback programmes during the period from 3 January to 27 July 2008 (Announcement no. 32/2008).

As payments have been made to the company’s shareholders via the share buybacks, the reduction of the share capital cannot be completed until three months after announcement of the resolution to do so in the computer information system of the Danish Commerce and Companies Agency.

Such an announcement was made on 23 October 2008. As no objections against the capital reduction have been received within the three-month period, the reduction has now been registered at the Danish Commerce and Companies Agency as of 26 January 2009. A number of shares equivalent to the reduction of capital, 976,825 shares, has concurrently been cancelled.

After the completion of the reduction, the company’s share capital is DKK 169,428,070 nominal value, consisting of 16,942,807 shares of DKK 10 nominal value each. The company’s portfolio of treasury shares has been reduced by the cancelled shares, 976,825 shares, and as at 26 January 2009 the company’s portfolio of treasury shares was 420,682 shares, equivalent to 2.5% of the total number of issued shares.

IC Companys A/S

Niels Mikkelsen
President & CEO

Contacts

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.

IC Companys A/S – Raffinaderivej 10 – DK 2300 Copenhagen S – tel. +45 3266 7788 – fax +45 3266 7703 – CVR no. 62 81 64 14 ho@iccompanys.com – icgroupmulti.wpengine.com