Share buyback

May 05, 2008, 9:34

STOCK EXCHANGE ANNOUNCEMENT

5 May 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 347,800   65,608,522
28-04-2008 9,400 197.37 1,855,278
29-04-2008 9,400 191.89 1,803,766
30-04-2008 9,400 195.04 1,833,376
02-05-2008 9,400 194.84 1,831,496
Accumulated under the programme 385,400   72,932,438

Following the above buyback IC Companys A/S owns a total of 966,682 shares at a nominal value of DKK 10 equal to 5.4% 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