With reference to Company Announcement no. 6/2018 of 30 April 2018, IC Group A/S hereby announces that today it has received unconditional approval from the competition authorities in respect of Amer Sports Corporation's acquisition of Peak Performance. The acquisition of Peak Performance is not subject to any other approvals, and the parties involved expect that the final closing of the sale will be effectuated as planned.

The contents of this announcement will have no impact on the Group's outlook for the financial year 2017/18 which ends on 30 June 2018.

IC Group A/S

Please direct any questions regarding this announcement to:
Jens Bak-Holder
Head of Investor Relations
+45 21 28 58 32

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.

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IC Group A/S published this content on 25 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 June 2018 14:32:06 UTC