Share buyback

Jun 02, 2008, 11:21

STOCK EXCHANGE ANNOUNCEMENT

2 June 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 47 million until 31 July, 2008, cf. stock exchange announcement no. 32 of 15 May, 2008.

During any one single trading day a maximum of 7,750 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 31,250   6,682,350
26-05-08 4,300 219.66 944,538
27-05-08 1,950 218.49 426,056
28-05-08 7,750 216.65 1,679,038
29-05-08 3,700 214.03 791,911
30-05-08 5,000 210.68 1,053,400
Accumulated under the programme 53,950   11,577,292

Following the above buyback IC Companys A/S owns a total of 1,196,432 shares at a nominal value of DKK 10 equal to 6.7% of the total number of shares issued. i.e. 17,919,632.

IC Companys A/S

Henrik Theilbjørn
President & CEO

Contacts

Chris Bigler
Chief Financial Officer
Tel +45 3266 7017 

Henrik Steensgaard
Investor Relations Manager
Tel +45 3266 7409

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