SP Group — Capital/Financing Update 2017

Jan 6, 2017

DK-5471 Søndersø, 2017-01-06 12:05 CET (GLOBE NEWSWIRE) --
-- Through its subsidiary Tinby A/S, today SP Group A/S has agreed to acquire
LM Skumplast A/S, at a total price, including takeover of debt (enterprise
value), of DKK 6.6 million

-- The acquisition of this well-run company within foamed PUR accelerates the
growth of SP Group. The outlook for the year 2017 will be announced on 30
March 2017

-- SP Group finances the acquisition of LM Skumplast A/S by debt. No new
shares will be issued because of the acquisition

-- Kim Hansen continues as director at LM Skumplast A/S and the company
changes its name to Tinby Skumplast A/S