DK-5471 Soendersoe, 2016-12-01 12:11 CET (GLOBE NEWSWIRE) -- A major institutional investor has contacted us.
They want to invest DKK 50 million in SP Group shares (approximately 3.5 % of Market Cap).
The Management of SP Group regards this as a vote of confidence and has decided to sell parts of their own portfolio to the new shareholder to:
- Improve the free flow
- Increase the long term institutional ownership
- Get an important new shareholder ‘on board’
Consequently:
Chairman Niels Kr. Agner has sold 5,000 number of shares at a price of DKK 658, in total DKK 3,290,000.
Deputy Chairman Erik P. Holm has sold 8,000 number of shares at a price of DKK 658, in total DKK 5,264,000.
Schur Finance a/s, related parties to board member Hans W. Schur (Hans W. Schur is chairman of Schur Finance a/s) has sold 20,000 number of shares at a price of DKK 658, in total DKK 13,160,000.
Luise Andresens Fond, related parties to board member Erik Christensen (Erik Christensen is Chairman) has sold 16,000 number of shares at a price of DKK 658, in total DKK 10,528,000.
Chriscom ApS, related parties to board member Erik Christensen (Chriscom ApS is owned by Erik Christensen and his wife) has sold 4,000 number of shares at a price of DKK 658, in total DKK 2,632,000.
Gadplast ApS, related parties to Chief Executive Officer Frank Gad (Frank Gad is the Managing Director in Gadplast ApS and Gadplast ApS is a subsidiary of Frank Gad ApS) has sold 20,000 number of shares at a price of DKK 658, in total DKK 13,160,000
and
Chief Financial Officer Jørgen Hønnerup Nielsen has sold 5,000 number of shares at a price of DKK 658 per share, in total DKK 3,290,000.
The transactions took place today, Thursday 1 December 2016.
