Redemption of warrants - sale of treasury shares in SP Groups A/S

Today, SP Group A/S has sold 55,112 number of SPG shares (4,000 number of SPG shares from the 2011 programme at a price of 116.73 and 51,112 number of SPG shares from the 2012 programme at a price of DKK 140.48), ID code DK0010244771, to 16 executive employees. The total selling price amounts to DKK 7,647,133.76.

Subsequently, there remain no warrants from the 2011 programme.

And subsequently, there are 47,500 warrants still under the 2012 programme, which may be redeemed later. The Company seeks to hedge these warrants with treasury shares as SP Group's holding only amounts to 2,155 treasury shares after the sale today, and as a new share buy-back programme will begin on 11 April 2015 as informed in Announcement no. 15/2015 of 26 March 2015.

The 16 executive employees who have acquired shares in SP Group today include:

CEO Frank Gad, who in 2012 let Gadplast ApS acquire his warrants for cash payment of market value to SP Group A/S has let Gadplast ApS acquire 12,000 shares. The purchase price amounts to DKK 1,685,760. Frank Gad has subsequently exercised 60 % of his warrants from the 2012 programme.

Gadplast ApS is owned by Frank Gad ApS, a related party to Frank Gad (owner and director).

CFO Jørgen Nielsen has acquired 10,000 shares and thus exercised all his warrants from the 2012 programme. The purchase price amounts to DKK 1,404,800.

Incase of any discrepancies, the Danish version shall prevail.

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