DUBLIN, Ireland--(BUSINESS WIRE)--Aug. 1, 2006--ICON plc (NASDAQ: ICLR) announced today the pricing of a secondary offering of 1,000,000 of its American Depositary Shares (“ADSs”), representing ordinary shares, EUR 0.06 per share, at $63.50 per ADS. The ADSs being offered represent approximately 7% of ICON’s total issued and outstanding share capital. The ADSs are being offered by Dr. Ronan Lambe, one of ICON’s co-founders and a member of its board of directors, and Poplar Limited, the sole beneficial owner of which is Dr. John Climax, ICON’s other co-founder and its Chairman. ICON will not receive any proceeds from the offering of the ADSs.
