Share buyback

Apr 07, 2008, 13:38

STOCK EXCHANGE ANNOUNCEMENT

7 April 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
Accumulated, last announcement 169,200   30,648,606
31-03-2008 9,400 181.25 1,703,750
01-04-2008 9,400 187.00 1,757,800
02-04-2008 9,400 185.39 1,742,666
03-04-2008 9,400 185.72 1,745,768
04-04-2008 9,400 191.70 1,801,980
Accumulated under the programme 216,200   39,400,570

Following the above buyback IC Companys A/S owns a total of 1,068,082 shares at a nominal value of DKK 10. equal to 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