SP Group

Transaction in Own Shares • May 25, 2018

NASDAQ Copenhagen A/S Nikolaj Plads 6 1007 København K

Announcement No. 37 / 2018 25 May 2018 CVR No. 15701315

Share buy-back programme at SP Group A/S

On 11 April 2018, SP Group initiated a share buy-back programme, cf. company announcement no. 22/2018 of 22 March 2018. According to the programme, SP Group will in the period from 11 April 2018 until 31 December 2018 purchase own shares for a maximum amount of DKK 40.0 million.

The share buy-back programme was initiated and structured in compliance with the EU Commission Regulation No. 596/2014 of 16 April 2014 as regards Market Abuse, the so-called Market Abuse Regulation that protects listed companies' board and executive board against violation of insider legislation in connection with share buy-backs.

The following transactions have been made under the programme:

	No. of shares purchased back	Average transaktion price	Amount (DKK)
Accumulated latest
announcement	36,871	233.49	8,608,919.50
18 May 2018	1,200	242.00	290,400.00
22 May 2018	1,200	259.00	310,800.00
23 May 2018	1,100	255.00	280,500.00
24 May 2018	463	256.00	118,528.00
Accumulated this week	3,963	252.39	1,000,228.00
Accumulated under the
programme	40,834	235.32	9,609,147.50

As of today, SP Group's total holding of own shares is 59,034 number of shares of a nominal value of DKK 2, corresponding to 0.52 % of the total number of issued shares of 11,390,000.

For detailed information, please see next page.

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.

Date	Time	Exchange	Share price	Values Number	Average price	Market value
18-05-2018	09:26:49 10:16:37	XCSE XCSE	242,00 242,00	67 1.100	242,00 242,00	16.214,00 266.200,00
	10:16:37	XCSE	242,00	33	242,00	7.986,00
18-05-2018
Total				1.200	242,00	290.400,00
22-05-2018	09:47:05	XCSE	259,00	20	259,00	5.180,00
	09:54:07	XCSE	259,00	80	259,00	20.720,00
	09:54:07	XCSE	259,00	89	259,00	23.051,00
	09:56:44	XCSE	259,00	90	259,00	23.310,00
	09:56:48	XCSE	259,00	24	259,00	6.216,00
	09:56:48	XCSE	259,00	10	259,00	2.590,00
	10:01:15	XCSE	259,00	100	259,00	25.900,00
	10:10:40	XCSE	259,00	34	259,00	8.806,00
	10:23:54	XCSE	259,00	38	259,00	9.842,00
	10:29:37	XCSE	259,00	28	259,00	7.252,00
	10:29:37	XCSE	259,00	47	259,00	12.173,00
	10:37:27	XCSE	259,00	100	259,00	25.900,00
	11:01:33	XCSE	259,00	100	259,00	25.900,00
	11:01:33	XCSE	259,00	64	259,00	16.576,00
	11:05:32	XCSE	259,00	100	259,00	25.900,00
	11:05:32	XCSE	259,00	181	259,00	46.879,00
	11:05:40	XCSE	259,00	26	259,00	6.734,00
	11:16:43	XCSE	259,00	69	259,00	17.871,00
22-05-2018 Total				1.200	259,00	310.800,00
23-05-2018	10:43:45	XCSE	255,00	1	255,00	255,00
	10:48:26	XCSE	255,00	99	255,00	25.245,00
	11:45:15	XCSE	255,00	150	255,00	38.250,00
	11:45:15	XCSE	255,00	100	255,00	25.500,00
	16:21:28	XCSE	255,00	283	255,00	72.165,00
	16:21:28	XCSE	255,00	100	255,00	25.500,00
	16:21:41	XCSE	255,00	82	255,00	20.910,00
	16:21:41	XCSE	255,00	100	255,00	25.500,00
	16:21:41	XCSE	255,00	82	255,00	20.910,00
	16:21:48	XCSE	255,00	18	255,00	4.590,00
	16:21:48	XCSE	255,00	85	255,00	21.675,00
23-05-2018 Total				1.100	255,00	280.500,00

Detailed information about this week's share buy-back from 18 to 24 May 2018:

				463	256,00	118.528,00
24-05-2018 Total
	16:59:52	XCSE	256,00	1	256,00	256,00
	16:59:52	XCSE	256,00	1	256,00	256,00
	16:59:52	XCSE	256,00	2	256,00	512,00
	16:25:36	XCSE	256,00	99	256,00	25.344,00
	16:25:29	XCSE	256,00	85	256,00	21.760,00
	16:25:29	XCSE	256,00	160	256,00	40.960,00
	14:18:40	XCSE	256,00	15	256,00	3.840,00
	14:04:00	XCSE	256,00	59	256,00	15.104,00
	14:03:03	XCSE	256,00	1	256,00	256,00
24-05-2018	14:01:57	XCSE	256,00	40	256,00	10.240,00