SP Group

Transaction in Own Shares • May 13, 2016

Announcement No. 29 / 2016 13 May, 2016 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 2016, SP Group initiated a share buy-back programme, cf. company announcement no. 14/2016 of 30 March 2016. According to the programme, SP Group will in the period from 11 April 2016 until 31 December 2016 purchase own shares for a maximum amount of DKK 20.0 million.

The share buy-back programme was 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).

The following transactions have been made under the programme:

	No. of shares purchased back	Average transaction price	Amount (DKK)
Accumulated latest
announcement	8,571	376.64	3,228,209.51
06 May 2016	0	0.00	0.00
09 May 2016	1,000	393.00	393,000.00
10 May 2016	425	396.50	168,512.50
11 May 2016	1,288	396.50	510,692.00
12 May 2016	200	398.00	79,600.00
Accumulated this week	2,913	395.40	1,151,804.50
Accumulated under
the programme	11,484	381.40	4,380,014.01

On 12 May 2016 SP Group has sold 5,000 number of SPG shares to 2 Executive Employees at a price of DKK 132.98 from the 2012 warrant programme. Subsequently, there are still 6,000 warrants left from the 2012 programme which may be redeemed later.

On 12 May 2016 SP Group has sold 9,000 number of SPG shares to 4 Executive Employees at a price of DKK 166.85 from the 2013 warrant programme. Subsequently, there are still 61,000 warrants left from the 2013 programme which may be redeemed later.

As of today, SP Group's total holding of own shares is 805 number of shares of a nominal value of DKK 10, corresponding to 0.04 % of the total number of issued shares of 2,224,000.

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.