SP Group — M&A Activity 2016

Nov 21, 2016

DK-5471 Soendersoe, 2016-11-21 10:57 CET (GLOBE NEWSWIRE) --
-- Through its subsidiary Gibo Plast A/S, SP Group A/S has today agreed to
acquire PlexxOpido in Norway and Sweden, at a total price, including
takeover of debt (enterprise value), of DKK 33 million

-- The acquisition of this well-run company within vacuum forming of plastic
components accelerates the growth of SP Group. However, the outlook for the
year 2016 is not upgraded

     SP Group finances the acquisition of PlexxOpido by debt. No new shares

will be issued because of the acquisition

-- Arild S. Johnsen continues as managing director at PlexxOpido.