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 75
million until May 23, 2007, cf. stock exchange announcement no. 10 of
February 22, 2007.
During any one single trading day a maximum of 24,072 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:
Average
purchase Transaction
Date No. of shares price, DKK value, DKK
Accumulated, last
announcement 183,447 60,762,615
09-05-2007 11,125 336.75 3,746,344
10-05-2007 3,000 334.50 1,003,500
11-05-2007 4,000 327.50 1,310,000
14-05-2007 5,175 330.67 1,711,217
15-05-2007 1,438 326.17 469,032
16-05-2007 6,825 333.86 2,278,595
18-05-2007 - - -
Accumulated, under the
programme 215,010 71,281,303
Following the above buyback IC Companys A/S owns a total of 684,562
shares at a nominal value of DKK 10, equal to 3.7% of the total
number of shares issued, i.e. 18,393,498 shares.
IC Companys A/S
Henrik
Theilbjørn
President & CEO
Contact
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