DK-5471 Soendersoe, 2015-03-26 15:23 CET (GLOBE NEWSWIRE) -- The Board of Directors of SP Group A/S (SP Group) has decided to buy back shares in accordance with the authorisation granted by the Annual General Meeting on 27 April 2012. As of 26 March 2015 SP Group holds 54,293 number of treasury shares of a nominal value of DKK 10 each corresponding to 2.68 % of SP Group’s share capital.
The purpose of the share buy-back programme is to hedge the existing warrant programmes.
The buy-back programme runs from 11 April 2015 until 31 December 2015, both days inclusive. The share buy-back programme is 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) which ensures that SP Group is protected against violation of insider legislation in relation to the share buy-back programme.
