STOCK EXCHANGE ANNOUNCEMENT
9 September 2008
IC Companys A/S - Grant of stock options
The Board of Directors has granted 30,000 stock options to Executive
Brand Officer Anders Cleemann due to his appointment to the Executive
Board of IC Companys.
The granted stock options give admittance to - in immediate
continuation of the company's release of the annual report for
2008/09, 2009/10 and 2010/11 to buy 10,000 shares annually.
Stock options that have not been exercised in one year can be
exercised the following two years. In case the employment is
terminated, all un-exercised options will lapse.
The market value of the stock options to Anders Cleeman can - by the
use of the Black & Scholes model, and under the assumption of an
exercise price of DKK 163 plus 5% per annum, a volatility of 25 per
cent annually and a risk-free rate of return of 4.40 per cent
annually - be assessed to DKK 0.3 million.
The fair value of the programmes will be recognised in the profit and
loss account over the term of the plan.
For further information please contact the undersigned at +45 40 14
66 22.
IC Companys A/S
Niels Martinsen
Chairman of the Board of Directors
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
- www.iccompanys.com
