IC Companys has the right to stop the buyback during the term of the programme in the event of material adverse changes in the company's financial position or material changes in the market. In the event such a decision is made, IC Companys will make an announcement thereof. Danske Markets will then no longer be entitled to buy shares on behalf of IC Companys under the programme in consequence of the termination of the programme.
In addition, the programme will be implemented under the following framework: • The maximum aggregate consideration for IC Companys' shares bought back will be DKK 75 million. • The maximum number of shares allowed to be bought back under the programme is 1,369,797 shares, equal to 10% of the issued share capital of IC Companys less the company's holding of treasury shares at the date of this announcement. • A maximum of 24,072 shares will be bought back during any one single trading day, equal to 25% of the average daily trading volume of IC Companys' shares on the Copenhagen Stock Exchange during the month of October 2006. • In transactions undertaken under the programme, shares will not be bought at prices exceeding the higher of: (i) the share price of the latest independent transaction and (ii) the highest independent bid (highest buyer's bid) on the Copenhagen Stock Exchange. • At least once every seven trading days, the company will issue an announcement in respect of transactions made under the programme.
marketing@alchempro.com
