SP Group

Transaction in Own Shares • Apr 15, 2016

Announcement No. 21 / 2016 15 April, 2016 CVR No. 15701315

NASDAQ Copenhagen A/S Nikolaj Plads 6 1007 København K

Share buy-back programme at SP Group A/S and redemption of warrants

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)
11 April 2016	0	0.00	0.00
12 April 2016	900	366.00	329,400.00
13 April 2016	50	365.00	18,250.00
14 April 2016	1,255	365.50	458,702.50
Accumulated this week	2,205	365.69	806,352.50
Accumulated under
the programme	2,205	365.69	806,352.50

Today, SP Group A/S has sold 34,484 number of SPG shares (8,150 number of SPG shares from the 2012 programme at a price of 136.98 and 26,334 number of SPG shares from the 2013 programme at a price of DKK 169.79), ID code DK0010244771, to 8 executive employees who redeemed warrants. The total selling price amounts to DKK 5,587,636.86.

Subsequently, there are 11,000 warrants still under the 2012 programme and still 70,000 warrants under the 2013 programme that may be redeemed later. The Company seeks to hedge these warrants with treasury shares.

As of today, SP Group's total holding of own shares is 5,526 number of shares of a nominal value of DKK 10, corresponding to 0.25 % 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.