Share buy-back programme at SP Group A/S
On 11 April 2017, SP Group initiated a share buy-back programme, cf. company announcement no. 17/2017 of 30 March 2017. The share buy-back programme has been increased and extended according to company announcement no. 49/2017. According to the programme, SP Group will in the period from 11 April 2017 until 10 April 2018 purchase own shares for a maximum amount of DKK 60.0 million.
The share buy-back programme was initiated and structured in compliance with the EU Commission Regulation No. 596/2014 of 16 April 2014 as regards Market Abuse, the so-called Market Abuse Regulation that protects listed companies’ board and executive board against violation of insider legislation in connection with share buy-backs.
The following transactions have been made under the programme:
| No. of shares purchased back | Average transaction price | Amount (DKK) | |
| Accumulated latest announcement | 29,405 | 1,027.70 | 30,219,610.01 |
| 6 October 2017 | 0 | 0.00 | 0.00 |
| 9 October 2017 | 73 | 1,180.00 | 86,140.00 |
| 10 October 2017 | 500 | 1,207.00 | 603,500.00 |
| 11 October 2017 | 500 | 1,180.00 | 590,000.00 |
| 12 October 2017 | 0 | 0.00 | 0.00 |
| Accumulated this week | 1,073 | 1,192.58 | 1,279,640.00 |
| Accumulated under the programme | 30,478 | 1,033.51 | 31,499,250.01 |
As of today, SP Group’s total holding of own shares is 31,384 number of shares of a nominal value of DKK 10, corresponding to 1.38 % of the total number of issued shares of 2,278,000.
https://www.globenewswire.com/NewsRoom/AttachmentNg/2f01c4b7-f1db-48f7-904b-0c09a53be7f7