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Redemption of warrants - sale of treasury shares i

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Post# of 301275
(Total Views: 34)
Posted On: 04/12/2017 9:00:16 AM
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Posted By: News Desk 2018
Redemption of warrants - sale of treasury shares in SP Group A/S

DK-5471 Soendersoe, 2017-04-12 14:38 CEST (GLOBE NEWSWIRE) -- Today, SP Group A/S has sold 6,000 number of SPG shares at a price of 339.50 from the 2014 programme, ID code DK0010244771 equal to DKK 2,037,000.00 to Gadplast ApS, related party to CEO Frank Gad (Frank Gad is the Manager of Gadplast ApS, and Gadplast ApS is a subsidiary of Frank Gad ApS). In 2014, CEO Frank let Gadplast ApS acquire his warrants for cash payment of market value to SP Group A/S.

and

today, SP Group A/S has sold 4,000 number of SPG shares at a price of 339.50 from the 2014 programme, ID code DK0010244771 equal to DKK 1,358,000.00 to CFO Jørgen Hønnerup Nielsen. CFO Jørgen Hønnerup Nielsen acquired his warrants for cash payment of market value to SP Group A/S.

In the open window, SP Group A/S has additionally sold 19,000 number of SPG shares (1,000 number of SPG shares from the 2012 programme at a price of 132.98 and 3,000 number of SPG shares from the 2013 programme at a price of DKK 178.22 and 15,000 number of SPG shares from the 2014 programme at a price of DKK 339.50), ID code DK0010244771, to 12 executive employees who redeemed warrants. The total selling price amounts to DKK 5,760,140.00.



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