Nikolaj Plads 6
1007 Copenhagen K
Share buy-back programme at SP Group A/S
On 19 April 2013, SP Group initiated a share buy-back programme, cf. company announcement no. 25/2013 of same date. According to the programme, SP Group will in the period from 19 April 2013 until 31 December 2013 Purchase own shares for a maximum amount of DKK 8.0 million.
The share buy-back programme is initiated and structured in compliance with the EU Commision Regulation No. 2273/2003 of 22 December 2003 (the so-called Safe Harbour Regulative for share buy-back programmes) and thus SP Group will publish the accumulated share buy-back under the programme every week.
The following transactions have been made under the programme:
No. of shares purchased back | Average transaction Price | Amount (DKK) | |
Accumulated latest announcement | 14,066 | 156.10 | 2,195,697.11 |
24 May 2013 | 0 | 0.00 | 0.00 |
27 May 2013 | 1,400 | 167.50 | 234,500.00 |
28 May 2013 | 650 | 168.77 | 109,699.98 |
29 May 2013 | 0 | 0.00 | 0.00 |
30 May 2013 | 0 | 0.00 | 0.00 |
Accumulated this week | 2,050 | 167.90 | 344,199.98 |
Accumulated under the programme |
16,116 |
157.60 | 2,539,897,09 |
This week, SP Group A/S has sold 8,834 SPG shares, ID code DK0010244771, to 2 executive employees at a price of DKK 52.175 to redeem warrants issued in 2010. The total selling price amounts to DKK 460,913.95.
Subsequently, there are 3,000 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 33,902 treasury shares as of today.
As of today, SP Group’s total holding of own shares is 33,902 numbers of shares of a nominal value of DKK 10, corresponding to 1.68 % of the total number of issued shares of 2,024,000.
In case of any discrepancies, the Danish version shall prevail.