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. 24/2013 of same date. The share buy-back programme was increased and extended according to company announcement no. 65/2013. According to the programme, SP Group would in the period from 19 April 2013 until 10 April 2014 purchase own shares for a maximum amount of DKK 18.0 million.
The programme has been fully utilized on the 10 April 2014.
The share buy-back programme was initiated and structured in compliance with the EU Commission Regulation No. 2273/2003 of 22 December 2003 (the so-called Safe Harbour Regulative for share buy-back programmes).
The following transactions have been made under the programme:
No. of shares purchased back | Average transaction Price | Amount (DKK) | |
Accumulated latest announcement | 86,091 | 205.35 | 17,678,608.10 |
04 April 2014 | 650 | 260.00 | 169,000.00 |
07 April 2014 | 462 | 261.00 | 120,582.00 |
08 April 2014 | 120 | 260.00 | 31,200.00 |
09 April 2014 | 0 | 0.00 | 0,00 |
10 April 2014 | 0 | 0.00 | 0.00 |
Accumulated this week | 1,232 | 260.35 | 320,782.00 |
Accumulated under the programme |
87,323 |
206.12 | 17,999,390.10 |
On 10 April 2014 SP Group has sold 81,000 number of shares at a price of DKK 119.00 to 19 executive employees redeeming their warrants issued in 2011. Hereafter 19,000 warrants remain from the 2011 programme.
As of today, SP Group’s total holding of own shares is 21,109 number of shares of a nominal value of DKK 10, corresponding to 1.04 % of the total number of issued shares of 2,024,000.
A new share buy-back programme starts today and runs to 31 December 2014. The new share buy-back programme was announced in Stock Announcement no. 15 of 27 March 2014, to which is referred.
In case of any discrepancies, the Danish version shall prevail.