SP Group

Transaction in Own Shares • May 11, 2017

Announcement No. 34 / 2017 11 May, 2017 CVR No. 15701315

NASDAQ Copenhagen A/S Nikolaj Plads 6 1007 København K

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. According to the programme, SP Group will in the period from 11 April 2017 until 31 December 2017 purchase own shares for a maximum amount of DKK 30.0 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	5,269	866.76	4,566,969.00
5 May 2017	300	950.00	285,000.00
8 May 2017	0	0.00	0.00
9 May 2017	400	938.00	375,200.00
10 May 2017	500	914.00	457,000.00
Accumulated this week	1,200	931.00	1,117,200.00
Accumulated under
the programme	6,469	878.68	5,684,169.00

As of today, SP Group's total holding of own shares is 13,075 number of shares of a nominal value of DKK 10, corresponding to 0.57 % of the total number of issued shares of 2,278,000.

For detailed information, please see next page.

Further information:

CEO Frank Gad Phone: (+45) 70 23 23 79 www.sp-group.dk

In case of any discrepancies, the Danish version shall prevail.

Date	Time	Børs	Share price	Values Number	Average price	Market value
	15:27:47	XCSE	950,00	8	950,00	7.600,00
05-05-2017	15:46:16	XCSE	950,00	11	950,00	10.450,00
	15:51:22	XCSE	950,00	1	950,00	950,00
	15:51:22	XCSE	950,00	35	950,00	33.250,00
	16:01:18	XCSE	950,00	11	950,00	10.450,00
	16:06:57	XCSE	950,00	1	950,00	950,00
	16:06:57	XCSE	950,00	9	950,00	8.550,00
	16:24:00	XCSE	950,00	20	950,00	19.000,00
	16:24:00	XCSE	950,00	30	950,00	28.500,00
	16:45:17	XCSE	950,00	20	950,00	19.000,00
	16:45:17	XCSE	950,00	30	950,00	28.500,00
	16:49:19	XCSE	950,00	104	950,00	98.800,00
	16:49:19	XCSE	950,00	20	950,00	19.000,00
05-05-2017 Total				300	950,00	285.000,00
09-05-2017	13:02:48	XCSE	938,00	361	938,00	338.618,00
	13:02:48	XCSE	938,00	20	938,00	18.760,00
	13:07:08	XCSE	938,00	19	938,00	17.822,00
09-05-2017 Total				400	938,00	375.200,00
10-05-2017	09:51:12	XCSE	914,00	13	914,00	11.882,00
	10:18:57	XCSE	914,00	7	914,00	6.398,00
	10:18:57	XCSE	914,00	18	914,00	16.452,00
	10:20:45	XCSE	914,00	20	914,00	18.280,00
	10:20:45	XCSE	914,00	39	914,00	35.646,00
	10:38:55	XCSE	914,00	20	914,00	18.280,00
	10:38:55	XCSE	914,00	383	914,00	350.062,00
10-05-2017 Total				500	914,00	457.000,00
Grand total				1.200	931,00	1.117.200,00

Detailed information about this week's share buy-back from 5 May to 10 May 2017: