SP Group — Capital/Financing Update 2017

Jun 29, 2017

DK-5471 Soendersoe, 2017-06-29 14:03 CEST (GLOBE NEWSWIRE) -- SP Group and
Nordic Investment Bank have signed a seven-year loan agreement of DKK 100
million (EUR 13.4 million) to support the company’s organic growth.

SP Group expects an accumulated organic growth in 2017-2019 of more than 20%.
The loan will finance investments to support this growth by increasing the
share of SP Group’s own products in total sales, continuing
internationalization efforts, further enhancing efficiency and investing
heavily in new processes, technologies and skilled people.

NIB is an international financial institution owned by eight member countries,
i.e. Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden.
The Bank finances private and public projects in and outside the member
countries.

SP Group manufactures moulded plastic components and performs coatings on
plastic and metal components. SP Group is a leading supplier of
plastic-manufactured products to Danish industries and has increasing exports
and growing production from own factories in Denmark, Poland, Latvia, Sweden,
Slovakia, China, USA and Brazil. In addition, SP Group has sales and service
companies in Sweden, Norway, the Netherlands and Canada. SP Group is listed on
NASDAQ Copenhagen.