Share Buy-back programme at SP Group A/S On 11 A
Post# of 301275
On 11 April 2017, SP Group initiated a share buy-back programme, cf. company announcement no. 17/2017 of 30 March 2017. The share buy-back programme has been increased and extended according to company announcement no. 49/2017. According to the programme, SP Group will in the period from 11 April 2017 until 10 April 2018 purchase own shares for a maximum amount of DKK 60.0 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 transaction price | Amount (DKK) | |
Accumulated latest announcement | 30,478 | 1,033.51 | 31,499,250.01 |
13 October 2017 | 457 | 1,175.00 | 536,975.00 |
16 October 2017 | 450 | 1,165.00 | 524,250.00 |
17 October 2017 | 250 | 1,150.00 | 287,500.00 |
18 October 2017 | 146 | 1,152.00 | 168,192.00 |
19 October 2017 | 450 | 1,126.00 | 506,700.00 |
Accumulated this week | 1,753 | 1,154.37 | 2,023,617.00 |
Accumulated under the programme | 32,231 | 1,040.08 | 33,522,867.01 |
As of today, SP Group’s total holding of own shares is 33,137 number of shares of a nominal value of DKK 10, corresponding to 1.45 % of the total number of issued shares of 2,278,000.