Share buyback

Feb 25, 2008, 10:02

STOCK EXCHANGE ANNOUNCEMENT

25 February 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 70 million until 28 February, 2008, cf. stock exchange announcement no. 1 of January 3, 2008.

During any one single trading day a maximum of 6,612 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 211,200   53,630,082
18-02-2008 6,600 243.41 1,606,506
19-02-2008 6,600 244.31 1,612,446
20-02-2008 6,600 234.80 1,549,680
21-02-2008 6,600 236.43 1,560,438
22-02-2008 6,600 237.28 1,566,048
Accumulated, under the programme 244,200   61,525,200

Following the above buyback IC Companys A/S owns a total of 554,882 shares at a nominal value of DKK 10, equal to 3.1% 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