Redemption of warrants and sale of treasury shares in SP Group A/S


Today, SP Group A/S has sold 30,000 number of SPG shares at a price of 93.27 from the 2016 programme, ID code DK0061027356 equal to DKK 2,771,100.00 to Gadplast ApS, related party to CEO Frank Gad (Frank Gad is the Manager of Gadplast ApS, and Gadplast ApS is a subsidiary of Frank Gad ApS). In 2015, CEO Frank let Gadplast ApS acquire his warrants for cash payment of market value to SP Group A/S.

and

today, SP Group A/S has sold 20,000 number of SPG shares at a price of 92.37 from the 2016 programme, ID code DK0061027356 equal to DKK 1,847,400.00 to CFO Jørgen Hønnerup Nielsen. CFO Jørgen Hønnerup Nielsen acquired his warrants for cash payment of market value to SP Group A/S.

In the open window, SP Group A/S has additionally sold 140,000 number of SPG shares (15,000 number of SPG shares from the 2015 programme at a price of DKK 63.58 and 125,000 number of SPG shares from the 2016 programme at a price of DKK 92.37), ID code DK0061027356, to 17 executive employees who redeemed warrants. The total selling price amounts to DKK 12,499,950.00.

Thus, 190,000 warrants have been redeemed and 190,000 number of SPG shares have been sold, at a total amount of DKK 17,118,450.00.

Subsequently, there are no warrants left under the 2015 programme. There are still 120,000 warrants under the 2016 programme for redemption later. These warrants will be hedged with treasury shares.

As of today, SP Group’s total holding of own shares is 115,102 number of shares of a nominal value of DKK 2, corresponding to 1.01 % of the total number of issued shares of 11,390,000.

Attachment


Attachments

Meddelelse nr. 23 - Redemption warrants - 10 04 19