Share buyback

Mar 10, 2008, 12:42

STOCK EXCHANGE ANNOUNCEMENT

10 March 2008

IC Companys A/S – Share Buyback

As previously informed the IC Companys A/S Board of Directors has resolved to initiate a share buyback program. Under the program IC Companys A/S will buy own shares for an amount of up to DKK 90 million until 15 May, 2008, cf. stock exchange announcement no. 16 of 29 February, 2008.

During any one single trading day a maximum of 9,429 shares (ISIN code DK0010221803) will be bought back, as the share buyback program is implemented in accordance with the provisions of the European Commission’s regulation no. 2273/2003 of December 22, 2003.

At least once every seven trading days, IC Companys A/S will issue an announcement in respect of the transactions made under the program.

The following transactions have been made under the program:

Date No. of shares Average purchase price, DKK Transaction value, DKK
29-02-2008 9,400 205.86 1,935,084
03-03-2008 9,400 189.38 1,780,172
04-03-2008 9,400 184.21 1,731,574
05-03-2008 9,400 183.46 1,724,524
06-03-2008 9,400 184.93 1,738,342
07-03-2008 9,400 182.00 1,710,800
Accumulated, under the programme 56,400   10,620,496

Following the above buyback IC Companys A/S owns a total of 637,682 shares at a nominal value of DKK 10, equal to 3.6% of the total number of shares issued, i.e. 17,919,632.

IC Companys A/S

Henrik Theilbjørn
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.

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