Nikolaj Plads 6
1007 Copenhagen K
Sale of treasury shares in SP Group A/S – redemption of warrants
Today, SP Group A/S has sold 63,000 SPG shares, ID code DK0010244771, to 17 executive employees at a price of 54 to redeem warrants issued in 2010. The total selling price amounts to DKK 3,402,000.
Subsequently, there are 11,834 warrants under the 2010 programme, which may be redeemed within the next two years. The Company has hedged these warrants with treasury shares as SP Group's holding amounts to 26,375 treasury shares after the sale today.
The 17 executive employees who have acquired shares in SP Group today include:
CEO Frank Gad, who has acquired 14,000 shares and thus exercised all his warrants from 2010. The purchase price amounts to DKK 756,000
and
CFO Jørgen Nielsen, who has acquired 6,000 shares and thus also exercised all his warrants from 2010. The purchase price amounts to DKK 324,000.
In case of any discrepancies, the Danish version shall prevail.