Source: http://sp-group.com/stock-exchange-announcements-old/
Timestamp: 2017-11-23 15:10:10
Document Index: 346490644

Matched Legal Cases: ['§ 28', '§ 28', '§ 28', '§ 28', '§ 28', '§ 28', '§ 28']

On 11 April 2015, SP Group initiated a share buy-back programme, cf. company announcement no. 15/2015 of 26 March 2015. The share buy-back programme has been increased and extended according to company announcement no. 50/2015. According to the programme, SP Group will in the period from 11 April 2015 until 10 April 2016 purchase own shares for a maximum amount of DKK 20.0 million.
Financial Calendar for SP Group A/S in 2016
Announcement of the management' s or related parties' trading with SP Group A/S shares in connection with the increase of share capital to an amount of DKK 2,000,000
Chairman Niels Kr. Agner has on 20 November 2015 acquired 17,725 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 365 equal to DKK 6,469,625.00. Related parties to chairman Niels Kr. Agner, Pigro Management ApS, which is 100 % owned by Niels Kr. Agner, has on 23 November 2015 acquired 17,725 number of shares in SP Group A/S at a price of DKK 365 equal to DKK 6,469,625.00.
Announcement of the management's or related parties' trading with SP Group A/S share
Related parties to board member Hans W. Schur, Schur Finance a/s, where Hans W. Schur is chairman, has on 17 November 2015 acquired 14,922 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 364 equal to DKK 5,431,608.
Announcement of the management's or related parties' with SP Group A/S shares
Related parties to board member Hans W. Schur, Schur Finance a/s, where Hans W. Schur is chairman, has on 5 November 2015 acquired 24,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 335.34 equal to DKK 8,048,160.00.
Related parties to board member Hans W. Schur, Schur Finance a/s, where Hans W. Schur is chairman, has on 4 November 2015 acquired 19,978 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 328.00 equal to DKK 6,552,784.00.
Summary: SP Group generated profit before tax and non-controlling interests of DKK 55.3 million in 9M 2015, a 3.9% increase from DKK 38.4 million in 9M 2014. Relative to the year-earlier period, revenue was up by 0.5% to DKK 962.8 million and EBITDA was up by 33.0% to DKK 112.8 million from DKK 84.8 million. Fullyear 015 guidance upgraded: We now expect profit before tax and non-controlling interests of about DKK 75 illion (previous guidance DKK 70 million) on revenue of around DKK 1.3 billion (previous guidance around DKK .3 billion).
Announcement of the management´s or related parties´trading with SP Group A/S shares
Gadplast ApS, related persons to Chief Executive Officer Frank Gad (Frank Gad is the Managing Director in Gadplast ApS, and Gadplast ApS is a subsidiary of Frank Gad ApS) has on 16 September 2015 acquired 6,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 320.00 equal to DKK 1,920,000.00. Chief Executive Office Frank Gad has today sold 6,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 320.00 equal to DKK 1,920,000.00.
Chief Finance Officer Jørgen Hønnerup Nielsen has on 9 September 2015 sold 5,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 312.00 equal to DKK 1,560,000.00.
Interim report - First half year of 2015
SP Group generated profit before tax and non-controlling interests of DKK 34.2 million in H1 2015, against DKK 21.2 million in H1 2014. Relative to the year-earlier period, revenue was up by 9.5% to DKK 627.7 million and EBITDA improved 28.7 % to DKK 70.0 million from DKK 54.4 million. Full-year 2015 guidance upgraded: We now expect profit before tax and non-controlling interests of about DKK 70.0 million (previous guidance: DKK 65.0 million) on revenue of around DKK 1.3 billion (previous guidance: DKK 1,250-1,300 million).
Increased share boy-back programme at SP Group A/S
The Board of Directors of SP Group A/S (SP Group) has resolved to increase and extend the share buyback programme authorised at the annual general meeting held on 27 April 2012.
On 11 April 2015, SP Group initiated a share buy-back programme, cf. company announcement no. 15/2015 of 26 March 2015. According to the programme, SP Group will in the period from 11 April 2015 until 31 December 2015 purchase own shares for a maximum amount of DKK 10.0 million.
Icrease of share capital of nominally DKK 2,000,000 implemented at SP Group A/S
SP Group A/S hereby informs that the increase of the share capital of nominally DKK 2,000,000 equal to 200,000 number of new shares at nominally DKK 10 has been implemented. The increase of share Capital was announced On Monday 22 June 2015 and has through Jyske Bank been fully subscribed and closed by a private placement.
Announcement of the management´s or related parties´trading with SP Greoup A/S shares in connection with the increase of share capital to an amount of DKK 2,000,000
Related parties to board member Hans W. Schur, Schur Finance a/s, where Hans W. Schur is chairman, has on 24 June 2015 acquired 22,000 number of shares in SP Group A/S at a price of DKK 280 equal to DKK 6,160,000.
Summary •Today SP Group A/S has agreed with Søren Ulstrup Holding ApS to acquire Ulstrup Plast A/S at a total price including takeover of debt (enterprise value) up to DKK 78 million. •The acquisition of this well-running and well-earning injection moulding company accelerates the growth of SP Group. As a consequence of the acquisition the outlook for the year 2015 is upgraded
Full-year guidance 2015 upgrated at SP Group A/S
The Board at SP Group A/S has on its meeting today decided to upgrade the outlook for both revenue and result for the year 2015. The development in the activities in the first 5 months of the year has been more positive than expected at the beginning of the year. Now SP Group expects a revenue for the FY 2015 at the level of DKK 1,200 – 1,250 million and a profit before tax and minorities at the level of around DKK 60 million.
Announcement of the management´s or related parties´ trading with SP Group A/S shares
Gadplast ApS, related persons to Chief Executive Officer Frank Gad (Frank Gad is the Managing Director in Gadplast ApS, and Gadplast ApS is a subsidiary of Frank Gad ApS) has on 18 May 2015 acquired 4,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 260.00 equal to DKK 1,040,000.00.
Redemption of warrants - sale of treasure shares in SP Group A/S
CEO Frank Gad, who in 2012 let Gadplast ApS acquire his warrants for cash payment of market value to SP Group A/S has today let Gadplast ApS acquire 8,000 shares. The purchase price amounts to DKK 1,095,840. Frank Gad has subsequently exercised all his warrants from the 2012 programme.
Gadplast ApS, related persons to Chief Executive Officer Frank Gad (Frank Gad is the Managing Director in Gadplast ApS, and Gadplast ApS is a subsidiary of Frank Gad ApS) has on 29 April 2015 acquired 2,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 263.00 equal to DKK 526,000.00.
Grant of warrants to the Executive Borard and Managers
Today the Board of directors decided to establish a warrant agreement for the Executive Board and 26 managers in the Group. The agreement is based on warrants issued pursuant to the Articles of Association, item 5, subsection 4, that empowers the Board of Directors to use this authority. The warrant plan was adopted by the Board of Directors at the General Meeting in 2013. 50,000 warrants will be issued, of which 10,000 are granted the Executive Board and the remaining warrants are granted the Managers.
Summary: SP Group generated profit before tax and non-controlling interests of DKK 14.0 million in Q1 2015, against DKK 7.2 million in Q1 2014. Revenue improved by 12.6% year on year to DKK 307.3 million and EBITDA rose to DKK 32.4 million from DKK 24.1 million. We maintain the FY 2015 guidance announced in the 2014 Annual Report. We continue to expect a slight increase in profit before tax and non-controlling interests in 2015 relative to 2014 (DKK 51.5 million) and slightly higher revenue than in 2014 (DKK 1,165 million), but market prospects remain unclear.
Course of Annual General Meeting in SP Group on 30 April 2014
Today, SP Group has held its Annual General Meeting in accordance with the announced agenda. Henrik Ottosen, Attorney at Law, was Chairman of the Meeting. The Chairman of the Supervisory Board made his report and thereafter Chief Executive Officer Frank Gad reported on the activities of the Group. The annual report was adopted unanimously. A dividend of DKK 3.50 per share was granted.
On 11 April 2014, SP Group initiated a share buy-back programme, cf. company announcement no. 15/2014 of 27 March 2014. The share buy-back programme has been increased and extended according to company announcement no. 61/2014. According to the programme, SP Group will in the period from 11 April 2014 until 10 April 2015 purchase own shares for a maximum amount of DKK 14.0 million.
Redemption of warrants - sale of treasury shares in SP Groups A/S
Today, SP Group A/S has sold 55,112 number of SPG shares (4,000 number of SPG shares from the 2011 programme at a price of 116.73 and 51,112 number of SPG shares from the 2012 programme at a price of DKK 140.48), ID code DK0010244771, to 16 executive employees. The total selling price amounts to DKK 7,647,133.76.
Purchase of IFU´s shares in SP Moulding, China
Since the start of the injection moulding production in China back in the year 2000, IFU has owned 25 % of the company SP Moulding (Suzhou) Co., Ltd. through SP International A/S. The parties have agreed that SP Moulding A/S, CBR no. 63450715, acquires IFU’s shares at a price of DKK 6.5 million, largely equal to the equity value.
Notice of Annual General Meeting in SP Group on 28 April 2015. Enclosed please find notice for Annual General Meeting on Tuesday, 28 April 2015.
Announcement of the management´s or related parties with SP Group A/S shares
Gadplast ApS, related persons to Chief Executive Officer Frank Gad (Frank Gad is the Managing Director in Gadplast ApS, and Gadplast ApS is a subsidiary of Frank Gad ApS) has on 1 April 2015 acquired 4,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 250.00 equal to DKK 1,000,000.00.
Summary: In 2014, SP Group realised a profit before tax and non-controlling interests of DKK 51.5 million, which is an increase of 2.6% compared to 2013. EPS increased by 2.7%. Revenue increased from DKK 1,102.1 million in 2013 to DKK 1,164.9 million in 2014, corresponding to an increase of 5.7%. In Q4 2014, the Company realised a profit before tax and non-controlling interests of DKK 13.0 million.
The Board of Directors of SP Group A/S (SP Group) has decided to buy back shares in accordance with the authorisation granted by the Annual General Meeting on 27 April 2012. As of 26 March 2015 SP Group holds 54,293 number of treasury shares of a nominal value of DKK 10 each corresponding to 2.68 % of SP Group’s share capital.
Acquisition – SP Moulding A/S, a subsidiary in SP Group A/S, acquires Sander Tech ApS
Today, SP Moulding A/S takes over the shares in Sander Tech ApS. Sander Tech ApS has its roots back in 1934, as August Sander established A. Sander’s Bakelite- & Plastikfabrik – later Sander Plast A/S – now Sander Tech ApS and is therefore one of the oldest companies in plastics in Denmark. Sander Tech ApS is a highly specialized and focused injection moulding company with focus on wind energy and is situated in Nibe.
Financial Calender for SP Group A/S in 2015
Financial Calender for SP Group A/S in 2015 is: 26 March Announcement of financial statements for 2014 28 April Annual General Meeting and Interim Report First quarter 2015 20 August Interim Report - First half year of 2015 3 November Interim Report - Third quarter of 2015
Announcement of the management’s or related parties’ trading with SP Group A/S shares
Related parties to Chaiman Niels Kr. Agner, Pigro Management ApS, which company is 100 % owned by Niels Kr. Agner, has on 26 November 2014 acquired 600 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 248.00 equal to DKK 148,800.00 and Chief Finance Officer Jørgen Hønnerup Nielsen has on the 26 November 2014 sold 600 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 248.00 equal to DKK 148,800.00.
Acquisition - Gibo Plast A/S, a subsidiary in SP Group A/S, acquires Scanvakuum ApS
On 1 January 2015, Gibo Plast A/S takes over the activities in Scanvakuum ApS. Scanvakuum - the former Falkenberg Plast, with focus on vacuum forming and 5-axis CNC machining, is taken over by Gibo Plast A/S. Scanvakuum ApS is a minor vacuum forming company in Sorø.
Related parties to Board Member Erik Christensen, Luise Andresens Fond, where Erik Christensen is Chairman, has on 10 November 2014 acquired 1,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 244.00 equal to DKK 244,000.00.
Announcement of the management’s or related parties’ trading with SP Group A/S shares and
Related parties to Board Member Hans W. Schur, Schur Finance a/s, where Hans W. Schur is chairman, has on 6 November 2014 acquired 4,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 241.00 equal to DKK 964,000.00. Board Member Hans W. Schur and related parties, among these Schur Finance a/s, now owns 427,371 number of shares in SP Group A/S equal to 21.1 % of the share capital in SP Group A/S.
Interim report - Third quarter of 2014
Summary: SP Group generated profit before tax and non-controlling interests of DKK 38.4 million in 9M 2014, against DKK 36.4 million in 9M 2013. Year-on-year, revenue was up by 7.2% to DKK 871.2 million and EBITDA improved to DKK 84.8 million from DKK 84.4 million. We maintain the FY 2014 guidance announced in the 2013 Annual Report. We continue to expect a slight increase in profit before tax and non-controlling interests in 2014 relative to 2013 (DKK 50.2 million) and slightly higher revenue than in 2013 (DKK 1,102 million), but market prospects remain unclear.
Increased share buy-back programme at SP Group A/S
The Board of Directors of SP Group A/S (SP Group) has resolved to increase and extend the share buyback programme authorised at the annual general meeting held on 27 April 2012. The share buy-back programme was announced in Company Announcement no. 15/2014 of 27 March 2014.
On 11 April 2014, SP Group initiated a share buy-back programme, cf. company announcement no. 15/2014 of 27 March 2014. According to the programme, SP Group will in the period from 11 April 2014 until 31 December 2014 purchase own shares for a maximum amount of DKK 8.0 million.
Gadplast ApS, related persons to Chief Executive Officer Frank Gad (Frank Gad is the Managing Director in Gadplast ApS, and Gadplast ApS is a subsidiary of Frank Gad ApS) has on 10 September 2014 acquired 370 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 228.00 equal to DKK 84,360
Related parties to Board Member Hans W. Schur, Schur Finance a/s, where Hans W. Schur is chairman, has on 27 August 2014 acquired 10,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 239.90 equal to DKK 2,399,000.00
Chairman Niels Kr. Agner has on 22 August 2014 sold 2,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 245.50 equal to DKK 491,000.00 to Pigro Management ApS which is 100 % owned by Niels Kr. Agner.
Summary: SP Group generated profit before tax and non-controlling interests of DKK 21.2 million in H1 2014, against DKK 21.2 million in H1 2013. Year-on-year, revenue was up by 6.7% to DKK 573.0 million and EBITDA improved to DKK 54.4 million from DKK 53.0 million. We maintain the FY 2014 guidance announced in the 2013 Annual Report. We continue to expect a slight increase in profit before tax and non-controlling interests in 2014 relative to 2013 (DKK 50.2 million) and slightly higher revenue than in 2013 (DKK 1,102 million), but market prospects remain unclear.
Announcement of the management´s or related parties´ trading with SP Group A/S shares and major shareholder information
Related parties to Board Member Hans W. Schur Finance A/S, where Hans W. Schur is cháirman, has on 1 May 2014 acquired 10,000 number og shares in SP Group A/S, ID code DK0010244771, at a Price of DKK 275.00 equal to DKK 2,750,000.00. Bpard Member Hans W. Schur and related parties, among these Schur Finance A/S, now owns 407,851 number of shares in SP Group A/S equal to 20.0 % of the share Capital in SP Group A/S.
New Managing Director in Accoat A/S
SP Group is constantly focusing on efficiency in the organisation and on reducing costs. The positions as Director of R&D in SP Group and Managing Director of Accoat will therefore be merged and as of today managed by one person, i.e. Director Jens Hinke. Subsequently, Managing Director Niels Uhrbrand leaves Accoat and SP Group. ‘We want to thank Niels Uhrbrand for his efforts in Accoat’, says Frank Gad, Chairman of Accoat.
Related parties to Chairman Niels Kr. Agner, the estate of his late wife Ellen Agner, has on 9 May 2014 sold 7,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 271.00 equal to DKK 1,897,000.00 to Pigro Management ApS which is 100 % owned by Niels Kr. Agner.
Related parties to Board Member Erik Christensen, Luise Andresens Fond, where Erik Christensen is Chairman, has on 7 May 2014 acquired 2,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 271.00 equal to DKK 542,000.00.
Interim report – First quarter of 2014
Summary: SP Group generated profit before tax and non-controlling interests of DKK 7.2 million in Q1 2014, against DKK 9.4 million in Q1 2013. Year-on-year revenue was down by 4.7% to DKK 273.0 million and EBITDA fell to DKK 24.1 million from DKK 24.7 million. We maintain the FY 2014 guidance announced in the 2013 Annual Report. We continue to expect a slight increase in profit before tax and non-controlling interests in 2014 relative to 2013 (DKK 50.2 million) and slightly higher revenue than in 2013 (DKK 1,102 million), but market prospects remain unclear.
Today, SP Group has held its Annual General Meeting in accordance with the announced agenda. Henrik Ottosen, Attorney at Law, was Chairman of the Meeting. The Chairman of the Supervisory Board made his report and thereafter Chief Executive Officer Frank Gad reported on the activities of the Group. The annual report was adopted unanimously. A dividend of DKK 3.00 per share was granted.
Related parties to Board Member Hans W. Schur, Schur Finance a/s, where Hans W. Schur is chairman, has on 1 May 2014 acquired 10,000 number of shares in SP Group A/S, ID code DK0010244771, at a Price of DKK 270.00 equal to DKK 2,700,000.00. Board Member Hans W. Schur and related parties, among these Schur Finance a/s, now owns 397,851 number of shares in SP Group A/S equal to 19.7 % of the share capital in SP Group A/S
Today the Board of directors decided to establish a warrant agreement for the Executive Board and 25 managers in the Group. The agreement is based on warrants issued pursuant to the Articles of Association, item 5, subsection 4, that empowers the Board of Directors to use this authority. The warrant plan was adopted by the Board of Directors at the General Meeting in 2013. 50,000 warrants will be issued, of which 10,000 are granted the Executive Board and the remaining warrants are granted the Managers.
On 19 April 2013, SP Group initiated a share buy-back programme, cf. company announcement no. 24/2013 of same date. The share buy-back programme was increased and extended according to company announcement no. 65/2013. According to the programme, SP Group would in the period from 19 April 2013 until 10 April 2014 purchase own shares for a maximum amount of DKK 18.0 million.
Today, SP Group A/S has sold 81,000 number of SPG shares, ID code DK0010244771, to 19 executive employees at a price of 119.00 to redeem warrants issued in 2011. The total selling price amounts to DKK 9,639,000.
Notice of Annual General Meetin in SP Group on 30 April 2014
Enclosed please find notice of Annual General Meeting in SP Group on Wednesday, 30 April 2014
On 19 April 2013, SP Group initiated a share buy-back programme, cf. company announcement no. 24/2013 of same date. The share buy-back programme has been increased and extended according to company announcement no. 65/2013. According to the programme, SP Group will in the period from 19 April 2013 until 10 April 2014 purchase own shares for a maximum amount of DKK 18.0 million.
Summary: In 2013, SP Group realised a profit before tax and non-controlling interests of DKK 50.2 million, which is an increase of 20.6% compared to 2012. EPS increased by 22.2%. Revenue decreased from DKK 1,108.5 million in 2012 to DKK 1,102 million in 2013, corresponding to a decrease of 0.6%. In Q4 2013, the Company realised a profit before tax and non-controlling interests of DKK 13.8 million.
The Board of Directors of SP Group A/S (SP Group) has decided to buy back shares in accordance with the authorisation granted by the Annual General Meeting on 27 April 2012. As of 27 March 2014 SP Group holds 102,092 number of treasury shares of a nominal value of DKK 10 each corresponding to 5.04 % of SP Group’s share capital.
SP Group A/S acquires Swedish company
SP Group acquires 80 % of the shares in Bröderna Bourghardt AB in Sweden. Bröderna Bourghardt is a leading supplier of products in Telene and in addition hereto the company has a minor production of components in PUR. The production facilities are situated in Latvia at the subsidiary Baltic Rim.
Financial Calender for SP Group A/S in 2014
The Financial calender for SP Group in 2014 is:
Announcement of the management’s or related persons’ trading with SP Group Shares
Gadplast ApS, related persons to Chief Executive Officer Frank Gad (Frank Gad is the Managing Director in Gadplast ApS, and Gadplast ApS is a subsidiary of Frank Gad ApS) has today acquired 3.000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 206.74 equal to DKK 620,212.50.
Interim report - Third quarter of 2013
Summary: SP Group generated profit before tax and non-controlling interests of DKK 36.4 million in 9M 2013, against DKK 28.3 million in 9M 2012. Revenue was down by 1.2% year on year to DKK 812.9 million, while EBITDA was up by 13.5% to DKK 84.4 million from DKK 74.3 million. EPS jumped 38.3% to DKK 14.18. We upgrade our guidance for FY 2013 and narrow the guidance range relative to the guidance provided in Annual Report 2012: We now expect profit before tax and non-controlling interests for 2013 of DKK 45–50m instead of the previous guidance of 'a slight increase relative to 2012 (DKK 41.6m)' and slightly higher revenue than in 2012 (DKK 1,109 million), but market prospects remain unclear.
Share buy-back programme increased
The Board of Directors of SP Group A/S (SP Group) has resolved to increase and extend the share buy-back programme authorised at the annual general meeting held on 27 April 2012.
On 19 April 2013, SP Group initiated a share buy-back programme, cf. company announcement no. 25/2013 of same date. According to the programme, SP Group will in the period from 19 April 2013 until 31 December 2013 Purchase own shares for a maximum amount of DKK 8.0 million.
Announcement of the management’s or related parties’ trading with SP Group shares
Erik Holm Holding ApS, related person to Deputy Chairman in SP Group A/S Erik Preben Holm (Erik Preben Holm is owner of and Managing Director in Erik Holm Holding ApS), has on the 18 September 2013 sold 29,790 numbers of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 166 equal to DKK 4,945,140 to Deputy Chairman in SP Group A/S Erik Preben Holm.
Related persons to board member Erik Christensen, Luise Andresens Fond, where Erik Christensen is Chairman, has on the 18 September 2013 acquired 600 numbers of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 166.86 equal to DKK 100,116.00.
Related persons to board member Erik Christensen, Luise Andresens Fond, where Erik Christensen is Chairman, has on the 28 August 2013 acquired 1,400 numbers of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 170.00 equal to DKK 238,000.00
Related parties to Chief Executive Officer Frank Gad, Gadplast ApS (Frank Gad is the Managing Director on Gadplast ApS. Gadplast ApS is a subsidiary of Frank Gad ApS, a company owned by Frank Gad), has on the 26 August 2013 acquired 1,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 174.50 equal to DKK 174,500.
Related parties to Board Member Erik Christensen, Chriscom ApS, which company is owned by Erik Christensen and his wife, has on 22 August 2013 acquired 400 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 174.00 equal to DKK 69,600.00.
Interim report – First half year of 2013
SP Group generated profit before tax and non-controlling interests of DKK 21.2 million in H1 2013, against DKK 17.9 million in H1 2012. Revenue was down by 2.1% year on year to DKK 536.8 million, and EBITDA was up by 8.7% to DKK 53.0 million from DKK 48.8 million. EPS jumped 28.6% to DKK 8.46. We maintain the FY 2013 guidance announced in the 2012 Annual Report: We continue to expect a slight increase in profit before tax and non-controlling interests in 2013 relative to 2012 (DKK 41.6 million) and slightly higher revenue than in 2012 (DKK 1,109 million), but market prospects remain unclear.
Board Member Hans-Henrik Eriksen has on 11 June 2013 acquired 1,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 165.00 equal to DKK 165,000.00.
Related parties to Board Member Erik Christensen, Chriscom ApS, which company is owned by Erik Christensen and his wife, has on 27 May 2013 acquired 500 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 169.71 equal to DKK 84,855.00.
Related parties to Board Member Hans W. Schur, Schur Finance a/s, where Hans W. Schur is chairman, has on 22 May 2013 acquired 20,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 168.00 equal to DKK 3,360,000.00.
Interim report - First quarter of 2013
Summary: SP Group generated profit before tax and non-controlling interests of DKK 9.4 million in Q1 2013, against DKK 10.3 million in Q1 2012. Revenue was down by 2.5% year on year to DKK 260.6 million and EBITDA fell to DKK 24.7 million from DKK 25.7 million. We maintain the FY 2013 guidance announced in the 2012 Annual Report: We continue to expect a slightly higher profit before tax and non-controlling interests in 2013 than in 2012 (DKK 41.6 million) and a slightly higher level of business activity than in 2012 (DKK 1,109 million), but market prospects remain unclear.
On 23 August 2012, SP Group A/S initiated a share buy-back programme, cf. company announcement no. 17/2012 and no. 2/2013 of 2 January 2013. According to the programme, SP Group will in the period from 23 August 2012 until 29 April 2013 purchase own shares for a maximum amount of DKK 13.0 million. The share buy-back programme is initiated and structured in compliance with the EU Commission Regulation No. 2273/2003 of 22 December 2003 (the so-called Safe Harbour Regulative for share buy-back programmes) and thus SP Group will publish the accumulated share buy-back under the programme every week.
The Board of Directors of SP Group A/S (SP Group) has decided to buy back shares in accordance with the authorisation granted by the Annual General Meeting on 27 April 2012. As of 19 April 2013 SP Group holds 38.620 number of treasury shares of a nominal value of DKK 10 each corresponding to 1,91 % of SP Group’s share capital.
Today the Board of directors decided to establish a warrant agreement for the Executive Board and 23 managers in the Group. The agreement is based on warrants issued pursuant to the Articles of Association, item 5, subsection 4, that empowers the Board of Directors to use this authority. The warrant plan was adopted by the Board of Directors at the General Meeting in 2011. 100,000 warrants will be issued, of which 25,000 are granted the Executive Board and the remaining warrants are granted the Managers.
Today, SP Group has held its Annual General Meeting in accordance with the announced agenda. Martin Beck, Attorney at Law, was Chairman of the Meeting. The Chairman of the Supervisory Board made his report and thereafter Chief Executive Officer Frank Gad reported on the activities of the Group. The annual report was adopted unanimously. A dividend of DKK 2.50 per share was granted.
Sale of treasury shares in SP Group A/S – redemption of warrants
Today, SP Group A/S has sold 63,000 SPG shares, ID code DK0010244771, to 17 executive employees at a price of 54 to redeem warrants issued in 2010. The total selling price amounts to DKK 3,402,000.
Related parties to Board Member Erik Christensen, Luise Andresens Fond, where Erik Christensen is Chairman has on 2 April 2013 acquired 14,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 144.00 equal to DKK 2,016,000.
Notice of Annual General Meeting in SP Group on 19 April 2013
Enclosed please find notice of Annual General Meeting in SP Group on Friday, 19 April 2013.
Related parties to Board Member Erik Christensen, Chriscom ApS, which company is owned by Erik Christensen and his wife, has on 25 March 2013 acquired 704 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 135.74 equal to DKK 95,558.85, and Chriscom ApS has on 26 March 2013 acquired 1,300 number of shares in SP Group A/S, ID code D0010244771, at a price of DKK 139.00 equal to DKK 180,700.00.
Related parties to Chief Executive Officer Frank Gad, Gadplast ApS (Frank Gad is the Managing Director on Gadplast ApS. Gadplast ApS is a subsidiary of Frank Gad ApS, a company owned by Frank Gad), has on the 25 March 2013 acquired 6,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 137 equal to DKK 822,000.
Summary: In 2012, SP Group realised a profit before tax and non-controlling interests of DKK 41.6 million, which is an increase of DKK 7.3 million compared to 2011. Revenue increased from DKK 976.8 million in 2011 to DKK 1,108.5 million in 2012, corresponding to a growth rate of 13.5%. In Q4 2012, the Company realised a profit before tax and non-controlling interests of DKK 13.3 million.
SP Group’s part of TPI Polytechniek bv increased
SP Group A/S acquires more shares in the profitable subsidiary TPI Polytechniek bv. The acquisition is expected to strengthen SP Group’s earnings per share in 2013.
The Board of Directors of SP Group A/S (SP Group) has decided to increase the buy-back of shares in accordance with the authorisation granted by the Annual General Meeting on 27 April 2012.
On 23 August 2012, SP Group A/S initiated a share buy-back programme, cf. company announcement no. 17/2012. According to the programme, SP Group will in the period from 24 August 2012 until 29 April 2013 purchase own shares for a maximum amount of DKK 8.0 million. The share buy-back programme is initiated and structured in compliance with the EU Commission Regulation No. 2273/2003 of 22 December 2003 (the so-called Safe Harbour Regulative for share buy-back programmes) and thus SP Group will publish the accumulated share buy-back under the programme every week.
Financial Calendar for SP Group in 2013
Interim report - Third quarter of 2012
Summary: SP Group generated profit before tax and non-controlling interests of DKK 28.3 million in 9M 2012, against DKK 25.6 million in 9M 2011. Relative to the year-earlier period, revenue was up by 13.2% to DKK 822.6 million and EBITDA improved by 3.0% from DKK 72.1 million to DKK 74.3 million. In other words, the positive trend in revenue and earnings of 2011 has persisted in 2012. The upgraded full-year guidance announced in the H1 interim report is maintained: We continue to expect full-year 2012 profit before tax and non-controlling interests of DKK 40-45 million and revenue of around DKK 1,050-1,100 million.
interim report - First half year of 2012
Summary: SP Group generated a 14.1% improvement in profit before tax and non-controlling interests to DKK 17.9 million in H1 2012, against DKK 15.7 million in H1 2011. Relative to the H1 2011 period, revenue was up by 14.5% to DKK 548.3 million and EBITDA improved by 6.7% from DKK 45.7 million to DKK 48.8 million. In other words, the positive trend in revenue and earnings achieved in 2011 has continued into 2012. Full-year guidance upgraded and guidance range narrowed. Full-year 2012 profit before tax and non-controlling interests is now expected to be DKK 40-45 million (previous guidance: more than DKK 35 million).
Announcement of the managements´s or related parties´ trading with SP Group shares
Related parties to Chief Executive Officer Frank Gad, Gadplast ApS (Frank Gad is the Managing Director on Gadplast ApS. Gadplast ApS is a subsidiary of Frank Gad ApS, a company owned by Frank Gad) have on the 3 September 2012, acquired 1,546 numbers of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 119.52 equal to DKK 184,782.
Related parties to board member Erik Christensen, Chriscom ApS, which company is owned by Erik Christensen and his wife, have on the 24 August 2012, acquired 1,000 numbers of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 117.00 equal to DKK 117,000.
The Board of Directors of SP Group A/S (SP Group) has decided to buy back shares in accordance with the authorisation granted by the Annual General Meeting on 27 April 2012. As of 23 August 2012 SP Group holds 0 number of treasury shares of a nominal value of DKK 10 each corresponding to 0.0 % of SP Group’s share capital.
Related persons to board member Erik Christensen, Luise Andresens Fond, where Erik Christensen is chairman, has on the 31 May 2012 acquired 10,200 numbers of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 113 equal to DKK 1,152,600.
Chief Finance Officer Jørgen Hønnerup Nielsen has on the 22 May 2012 acquired 600 numbers of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 111.58 equal to DKK 66,948.
Chairman Niels Kr. Agner has on the 9 May 2012 acquired 725 numbers of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 112 equal to DKK 81,200.
Related parties to Chief Executive Officer Frank Gad, Gadplast ApS (Frank Gad is the Managing Director on Gadplast APS. Gadplast ApS is a subsidiary of Frank Gad ApS, a company owned by Frank Gad) has on the 30 April 2012 acquired 3,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 114.50 equal to DKK 343,500.
Related parties to board member Hans W. Schur, Schur Finance a/s, where Hans W. Schur is chairman, has today acquired 39,140 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 115,9987 equal to DKK 4,540,189.12.
Summary: SP Group generated profit before tax and non-controlling interests of DKK 10.3 million in Q1 2012, against DKK 10.1 million in Q1 2011. Relative to Q1 2011, revenue was up by 7.3% to DKK 267.3 million and EBITDA was unchanged at DKK 25.7 million, as the positive trend in revenue and earnings achieved in 2011 has continued into 2012. We maintain the FY 2012 guidance announced in the 2011 Annual Report: We continue to expect FY 2012 profit before tax and non-controlling interests of more than DKK 35 million.
Corse of Annual General Meeting in SP Group A/S on 27 April 2012
Today, SP Group has held its Annual General Meeting in accordance with the announced agenda.
Chairman Niels Kr. Agner has on the 11 April 2012 acquired 2,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 108.50 equal to DKK 217,000.
Notice of Annual General Meeting in SP Group on 27 April 2012
Enclosed please find notice of Annual General Meeting in SP Group on Friday, 27 April 2012
Related parties to Chief Executive Officer Frank Gad, Gadplast ApS (Frank Gad is the Managing Director on Gadplast APS. Gadplast ApS is a subsidiary of Frank Gad ApS, a company owned by Frank Gad) has on the 4 April 2012 acquired 2,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 109,12 equal to DKK 218,240.
Today the Board of directors decided to establish a warrant agreement for the Executive Board and 22 managers in the Group. The agreement is based on warrants issued pursuant to the Articles of Association, item 5, subsection 4, that empowers the Board of Directors to use this authority. The warrant plan was adopted by the Board of Directors at the General Meeting in 2011. 100,000 warrants will be issued, of which 30,000 are granted the Executive Board and the remaining warrants are granted the Managers.
Related parties to chairman Niels Kr. Agner, Pigro Management ApS, which company is 100 % owned by Niels Kr. Agner, have on the 28 March 2012 acquired 1,500 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 112 equal to DKK 168,000
The Board of Directors of SP Group has today discussed and approved the annual report for 2011, which is enclosed in its entirety.
Related parties to Board member Hans W. Schur, Schur Finance A/S, where Hans W. Schur is the Chairman, has on the 7 November 2011 acquired 25,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 98.00 equal to DKK 2,450,000. Schur Finance A/S hereafter owns 16.24 % of the share capital in SP Group.
SP Group - Financial Calendar 2012
The financial calendar for SP Group in 2012 is:
Announcement of the management´s or related person´s trading with SP Group A/S shares
Related persons to Board member Erik Christensen, Chriscom ApS, which company is owned by Erik Christensen and his wife, has today acquired 496 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 91 equal to DKK 45,136.
Gadplast ApS, related person to Chief Executive Officer in SP Group A/S Frank Gad (Gadplast ApS is a subsidiary of Frank Gad ApS, and Frank Gad is the owner of and the Managing Director in Frank Gad ApS) has today acquired 3,625 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 95.83 equal to DKK 347,375.
Summary: SP Group generated profit before tax and minority interests of DKK 25.6 million in 9M 2011, against DKK 22.0 million in 9M 2010. Relative to the 9M 2010 period, revenue was up by 15.1% to DKK 726.5 million and EBITDA improved by 10.4% from DKK 65.3 million to DKK 72.1 million, as the positive trend in revenue and earnings achieved in 2010 has continued into 2011. The full-year guidance is maintained: We continue to expect full-year 2011 profit before tax and minority interests of DKK 30–35 million.
SP Group appoints ABG Sundal Collier Marker on NASDAQ OMX Copenhagen
Today, SP Group has entered a Market Maker agreement with ABG Sundal Collier. AGB Sundal Collier now acts as Market Maker on NASDAQ OMX Copenhagen for shares issued by SP Group
Announcement of the management´s or ralated parties´trading with SP Group A/S shares
Related parties to Board member Erik Christensen, Chriscom ApS, which company is owned by Erik Christensen and his wife, has today acquired 932 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 92.50 equal to DKK 86,210.
Announcement of the management´s or related parties´s trading with SP Group A/S shares
Chairman in SP Group A/S, Niels Kr. Agner, has on 13 September 2011 acquired 1,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 91 equal to DKK 91,000.
Schur Finance A/S, related party to Board Member in SP Group A/S Hans W. Schur (Hans W. Schur is Chairman in Schur Finance A/S) has on 12 September 2011 acquired 30,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 94.4470 equal to DKK 2,833,410. Schur Finance A/S hereafter owns 15,01 % of the share capital in SP Group
Announcement of the management´s or related´s trading with SP Group A/S shares
Erik Holm Holding ApS, related person to Deputy Chairman in SP Group A/S Erik P. Holm (Erik Holm is the owner of and the Managing Director in Erik Holm Holding ApS) has on 24 August 2011 acquired 3,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 89.00 equal to DKK 267,000
Interim report - First half year of 2011
Interim report – First half year of 2011 Summary: SP Group generated profit before tax and minority interests of DKK 15.7 million in H1 2011 as against DKK 13.0 million in H1 2010. Revenue was up by 13.7% to DKK 478.7 million and EBITDA improved by 6.8% from DKK 42.8 million to DKK 45.7 million as the positive trend in revenue and earnings achieved in 2010 has continued into 2011. Full-year guidance upgraded: Full-year 2011 profit before tax and minority interests is now expected to be DKK 30–35 million.
Interim report - First quarter of 2011
Summary: SP Group generated a profit before tax and minority interests of DKK 10.1m in Q1 2011 as againstDKK 4.5m in Q1 2010. Revenue was up by 23.2% to DKK 249.2m and EBITDA improved from DKK 16.8m to DKK 25.7m (53 %), as the positive trend in revenue and earnings achieved in 2010 has continued into 2011. Full-year guidance is maintained: The full-year 2011 profit before tax and minority interests is expected to exceed DKK 30m.
Course of Annual General Meeting in SP Group A/S on 24 April 2011
Today, SP Group has held its Annual General Meeting in accordance with the announced agenda. Martin Beck, Attorney at Law, was Chairman of the Meeting.
Notice of Annual General Meeting in SP Group on 26 April 2011
Enclosed please find notice of Annual General Meeting in SP Goup A/S on Tuesday, 26 April 2011.
Related persons to Chairman Niels Kr. Agner, Pigro Management ApS, which company is 100 % owned by Niels Kr. Agner, has today acquired 428 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 92 equal to DKK 39,376.
Today the Board of Directors decided to establish a warrant agreement for the Executive Board and 21 managers in the Group. The agreement is based on Warrants issued pursuant to the Articles of Association, item 5, subsection 4, that empowers the Board of Directors to use this authority. The warrant plan was adopted by the Board of Directors at the General Meeting in 2010. 100,000 warrants will be issued, of which 30,000 are granted the Executive Board and the remaining warrants are granted the Managers.
SP Group A/S has been informed that Shareholder Invest Growth A/S has sold 155,000 number of shares in SP Group equal to 7.66 % of the share capital in SP Group.
Gadplast ApS, related person to Chief Executive Officer Frank Gad (Frank Gad is the Managing Director in Gadplast ApS, and Gadplast ApS is a subsidiary of Frank Gad ApS) has today acquired 209,298 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 92 equal to DKKm 19,255,416.
Chairman Niels Kr. Agner has today acquired 5,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of DKK 93 equal to DKK 465,000
Summary: SP Group generated a profit before tax and minority interests of DKK 6.8m in Q4 2010. In FY 2010, SP Group generated a profit before tax and minority interests of DKK 28.8m, which was an improvement of DKK 43.3m relative to 2009. Revenue improved from DKK 681,9m in 2009 to DKK 851.9m in 2010 equal to an organic growth of approx 25 %.
SP Group - Financial Calendar 2011
Announcement of the management´s or connected person´s trading with SP Group A/S
Pursuant to the Securities Trading Act Clause § 28a SP Group shall announce the Management’s or related persons’ trading with SP Group shares:
Interim report - Third quarter of 2010
Summary: SP Group generated a profit before tax and minority interests of DKK 22.0m in 9M 2010 as against a DKK 20.5m loss in 9M 2009. Revenue was up by 26.2 % to DKK 631.2m and EBITDA improved from DKK 19.6m to DKK 65.4m, as the positive trend in revenue and earnings achieved in H2 2009 continued into 2010.
Announcement of the management´s or related person´s trading with SP Group A/S
Pursuant to the Securities Trading Act Clause § 28a SP Group shall announce the Management’s or related persons’ trading with SP Group shares
SP Group´s subsidiary SP Moulding takes over Phasion Groups injection moulding activities
As of 1 October 2010 SP Moulding, subsidiary of SP Group, takes over all injection moulding activities from Phasion Group. In future Phasion Group wants to focus on service and maintenance of tools (forms) and production and sourcing of new tools to its customer, among these SP Moulding.
Director replacement in SP Groups´s subsidiary Gibo Plast
Gibo Plast, manufacturer of thermo-moulded plastic pieces for refrigerators and freezers, cars, buses and other rolling stock (automotive), wind turbines and the medical device industries through traditional vacuum forming and the new High-pressure and Twinsheet moulding methods, has today replaced its managing director.
Pursuant to the Securities Trading Act Clause § 28a SP Group A/S shall announce the Management’s or related persons’ trading with SP Group shares:
Announcement of the management’s or related persons’ trading with SP Group A/S shares. Pursuant to the Securities Trading Act Clause § 28a SP Group A/S shall announce the Management’s or related persons’ trading with SP Group shares:
Interim report - First half year of 2010
Summary: SP Group generated a profit before tax and minority interests of DKK 13.0m in H1 2010 as against a DKK 19.5m loss in H1 2009. Revenue was up by 24.3% to DKK 421.0m and EBITDA improved from DKK 7.3m to DKK 42.8m, as the good trend in revenue and earnings achieved in H2 2009 continued into H1 2010. Fullyear guidance upgraded: Profit before tax and minorities for 2010 now expected at just over DKK 20m.
Interim report - first quarter of 2010
Summary: SP Group incurred a profit before tax and minority interests of DKK 4.5m in Q1 2010 as against a DKK 3.8m loss in Q1 2009. Revenue was up by 19.3% to DKK 202.2m and EBITDA improved from DKK 1.2m to DKK 16.8m, as the good trend in earnings achieved in H2 2009 continued into Q1 2010.
Course of Annual General Meeting in SP Group A/S on 28 April 2010
Notice of Annual General Meeting in SP Grup A/S on 28 April 2010
Enclosed please find notice of Annual General Meeting in SP Group A/S on 28 April 2010.
SP Group has been informed that Mørksø Invest ApS has sold some of its shares in SP Group. After this sale Mørksø Invest ApS owns less than 5 % of the share capital in SP Group.
The Supervisory Board of SP Group today considered and approved the annual report for 2009, which is attached.
Today the Board of Directors decided to establish a warrant agreement for the Executive Board and 18 managers in the Group. The agreement is based on Warrants issued pursuant to the Articles of Association, item 5, subsection 4, that empowers the Board of Directors to use this authority. The warrant plan was adopted by the Board of Directors at the General Meeting in 2008. 80,000 warrants will be issued, of which 20,000 are granted the Executive Board and the remaining 60,000 are granted the Managers.
Pursuant to the Securities Trading Act Clause 28a SP Group A/S shall announce the Management’s or connected person’s trading with SP Group shares. Chief Executive Officer Frank Gad has on the 14 December 2009 on the NASDAQ OMX Copenhagen acquired 2,306 number of shares in SP Group, ID code DK0010244771 at a price of DKK 39.00 equal to DKK 89,935.40.
SP Group A/S - Financial Calender 2010
The financial Calendar for SP Group A/S in 2010 is: 30 March Preliminary announcement of financial statements for 2009 28 April Annual General Meeting and Quarterly Announcement for Q1 2010 18 August Interim Announcement for H1 2010 2 November Quarterly Announcement for Q3 2010
Interim Report - third quarter of 2009
Summary: SP Group incurred a loss before tax and minority interests of DKK 1.0m in Q3 2009 as against a DKK 3.8m loss in Q3 2008. Revenue fell by DKK 42.3m relative to Q3 2008 to DKK 161.5m and EBITDA was up by 7% from DKK 11.4m to DKK 12.3m. In other words, the Q3 2009 operating profit improved not only relative to the year-earlier period, but also by a substantial margin relative to the first two quarters of the year. However, the recession continues to impact the entire Group, and we remain fully committed to tight cost management and to making capacity adjustments.
Pursuant to the Securities Trading Act Clause § 28a SP Group A/S shall announce the Management’s or related persons’ trading with SP Group shares: Chief Executive Officer Frank Gad has on 24 September 2009 on the NASDAQ OMX Copenhagen acquired 4,200 number of shares, ID code DK0010244771 at a price of DKK 40.80 equal to DKK 171,360.-.
Pursuant to the Securities Trading Act Clause § 28a SP Group A/S shall announce the Management’s or related persons’ trading with SP Group shares: Related persons to Board Member Hans W. Schur has on 9 September 2009 on the NASDAQ OMX Copenhagen acquired 6,762 number of shares, ID code DK0010244771 at a price of DKK 45.00 equal to DKK 304,290.-.
SP Group has today sold its stake of 13,975 number of own shares at market price. The sale has generated net proceeds of DKK 627,000.-. The shares have been sold to strengthen the company’s capital base. After this sale SP Group does not have any shareholding in the company.
Connected persons to Board Member Erik Christensen has on the 31 August 2009 on the NASDAQ OMX Copenhagen acquired 2,000 number of shares, ID code DK0010244771 at a price of DKK 51.00 equal to DKK 102,000.-
Connected persons to Chief Executive Officer Frank Gad has on the 28 August 2009 on the NASDAQ OMX Copenhagen acquired 2,183 number of shares, ID code DK0010244771 at a price of DKK 40.50 equal to DKK 88,411.50
Connected persons to Chief Executive Officer Frank Gad has on the 24 August 2009 on the NASDAQ OMX Copenhagen acquired 7,380 number of shares, ID code DK0010244771 at a price of DKK 35.1490 equal to DKK 259,399.62.-.
Pursuant to the Securities Trading Act Clause § 28a SP Group A/S shall announce the Management’s or connected person’s trading with SP Group shares:
Interim report - First half year of 2009
Summary: As expected, the H1 financial results were strongly affected by the extreme conditions in SP Group’s markets in general. SP Group incurred a loss before tax and minority interests of DKK 19.5m in the first half year of 2009. Revenue fell by 25% relative to H1 2008 to DKK 338.7m and EBITDA was DKK 7.3m, but the results were better in the second quarter than in the first quarter. The recession has impacted the entire Group, but tight cost management and capacity adjustments combined with higher sales to customers in the medical devices industry in particular partially offset the fall in sales to other industries.
Production of Danish license plates
At SP Medical in Karise (subsidiary in SP Group) license plates have been manufactured without problems to the Danish government for more than 30 years. After a tender in 2007 the Danish tax authorities, who have taken over the administration of license plates from the National Commission of the Danish Police, decided to place the order to produce Danish license plates with a German producer.
SP Group A/S - Completion of capital reduction
On the Annual General Meeting in SP Group on the 24 April 2009 it was decided to reduce the share capital with nominally DKK 182.160 million from DKK 202.400 million to DKK 20.240 million, of which amount DKK 48.193 million cover a realized loss at 31.12.2008, while DKK 133.967 million are appropriated to a special fund pursuant to Companies Act, Section 44a to secure the company. The number of share in the company remains unchanged 2.024 million shares, while each shares of nominally DKK 100 is reduced to a nominal value of DKK 10.
Connected persons to board member Erik Christensen has on 7 May 2009 on the NASDAQ OMX Copenhagen acquired 1,625 number of shares, ID Code DK0010244771, at a price of DKK 28.500 equal to DKK 46,312.50.
Connected persons to board member Hans W. Schur, Schur Finance a/s has on 4 May 2009 on NASDAQ OMX Copenhagen acquired 266,949 number of shares in SP Group A/S, ID code DK0010244771 at a price of 26,900 equal to DKK 7,180,928.-, and connected persons to board member Hans W. Schur, Schur Invest a/s and Schur International Holding a/s, has on 4 May 2009 on NASDAQ OMX Copenhagen sold 266,949 number of shares in SP Group A/S, ID code DK0010244771, at a price of 26,900 equal to DKK 7,180,928.-
Chairman Niels Kr. Agner has on the 29 April 2009 on the NASDAQ OMX Copenhagen acquired 6,600 number of shares in SP Group, ID code DK0010244771 at a price of DKK 27.000 equal to DKK 178,200.-.
Course of Annual General Meeting in SP Group A/S on 24 April 2009
Martin Beck, Attorney at Law, was Chairman of the Meeting. The Chairman of the Supervisory Board made his report and thereafter Chief Executive Officer Frank Gad reported on the activities of the Group. The annual report was adopted unanimously.
Board member Erik Christensen has on the 16 April 2009 on the NASDAQ OMX Copenhagen acquired 5,200 number of shares in SP Group, ID code DK0010244771 at a price of DKK 28.000 equal to DKK 145,600.-
Notice of Annual General Meeting in SP Group A/S on 24 April 2009
Schur International Holding A/S, connected to board member Hans W. Schur has on the 27 March 2009 on the NASDAQ OMX Copenhagen acquired 15,000 number of shares in SP Group, ID code DK0010244771, at a price of DKK 28.000 equal to DKK 420,000.-
Annual report 2008/
Today the Supervisory Board of SP Group considered and adopted the Annual Report 2008, which is attached in its entirety. The annual report features the following main items:
SP Group A/S - Financial Calender
The Financial Calendar for SP Group A/S for 2009 is: 26 March Preliminary Announcement of financial statements for 2008 24 April Annual General Meeting and Quarterly Announcement for Q1 2009 19 August Interim Announcement for H1 2009 03 November Quarterly Announcement for Q3 2009
Pursuant to the Securities Trading Act Clause 28a SP Group A/S shall announce the Management’s or connected person’s trading with SP Group A/S shares. Schur Invest a/s, connected to board member Hans W. Schur, has on the 27 November 2008 on the NASDAQ OMX Exchange acquired 20,500 number of shares in SP Group A/S, ID code DK0010244771, at a price of 48.628 equal to DKK 996,874.-.
SP Group obtains exclusive rights of TELENE in Denmark
SP Group has just signed an agreement with TELENE SAS in France and obtained the exclusive rights of this product in Denmark.
Interim report - Third quarter of 208
Summary: SP Group generated a loss before tax and minority interests of DKK 3.8m in the first nine months of 2008. In the third quarter, revenue fell by DKK 7m relative to Q3 2007 to DKK 204m and EBIT fell by DKK 9.2m to DKK 0.4m. Overall, the Group generated revenue of DKK 656m and a loss before tax and minority interests of DKK 5.8m in the first nine months of the year. The new revenue forecast provides for a slight drop in revenue relative to last year. The Group lowers its full-year forecast for 2008 to the range of a DKK 15m profit to a DKK 15m loss before tax and minority interests.
Pursuant to the Securities Trading Act Clause 28a SP Group A/S shall announce the Management’s or connected person’s trading with SP Group A/S shares.
Pursuant to the Securities Trading Act Clause 28a SP Group A/S shall announce the Management´s or connected person´s trading with SP Group A/S shares.
Interim report - First half-year of 2008
Summary: Although it had been expected that SP Group would record a profit decline relative to the year-earlier period, the decline proved to be more pronounced than anticipated. SP Group generated loss before tax and minorities of DKK 2.0m in the first half-year of 2008. Given the weaker economic growth combined with increased energy, raw materials, payroll and capital procurement costs, achieving the previous full-year profit guidance no longer seems realistic. SP Group still projects a profit for the year. Revenue is expected to be in line with or slightly higher than last year.
Interim report - first quarter of 2008
Summary: Although it had been expected that SP Group would record a profit decline relative to the year earlier period, the decline proved to be more pronounced than anticipated. Accordingly, SP Group posted a loss before tax and minority interests of DKK 5.2m, including an unrealised foreign exchange loss on CHF of DKK 5.3m. In April, the unrealised foreign exchange loss decreased by DKK 3m. The full-year forecast is retained, but it is subject to greater uncertainty than before.
Today SP Group has held its Annual General Meeting in accordance with the announced agenda. Martin Beck, Attorney at Law, was Chairman of the Meeting. The Chairman of the Board made his report and thereafter Chief Executive Officer Frank Gad reported on the activities of the Group. The annual report was adopted unanimously.
Chairman´s report on the annual general meeting 29 April 2008
The Chairman’s report made on today’s annual general meeting will be available on SP Group’s homepage as of today.
Notice of Annual General Meeting in SP Group A/S in 29 April 2008
Enclosed please find notice of Annual General Meeting in SP Group A/S on 29 April 200
Increase of SP Group´s share capital completed
SP Group A/S has today completed the increase of the share capital of nominally DKKm 2.4. Hereafter the share capital of SP Group A/S amounts to nominally DKK 202,400,000.- with 2,024,000 voting rights.
Chief Executive Officer Fran Gad utilizes warrant-agreement by subscription of 24,000 new shares in SP Group A/S
Chief Executive Officer Frank Gad has informed the Board of Directors that he wants to utilize his warrant agreement dated 25 August 2008 regarding issue of 24,000 new shares in SP Group equal to nominally DKKm 2,4. The warrants are exclusively to be utilized in 2008.
Announcement of the management´s og connected person´s trading with SP Group A/S shares
Pursuant to the Securities Trading Act Clause 28a SP Group A/S shall announce the Management’s or connected person’s trading with SP Group A/S shares
Today the Supervisory Board of SP Group considered and adopted the Annual Report 2007 which is attached in its entirety. The annual report features the following main items:
SP Group A/S - Financial Calender for 2008
The Financial Calendar for SP Group A/S for 2008 is: 27 March Preliminary announcement of financial statements for 2007 29 April Annual General Meeting and Quarterly Announcement for Q1 2008 20 August Interim announcement for H1 2008 04 November Quarterly Announcement for Q3 2008
SP Group´s part of TPI Polytechniek bv increased
As of 1 January 2008 SP Group has increased its share of the subsidiary TPI Polytechniek bv from 70 % to 80 %. Seller is Managing Director Jeroen van der Heijden, who owns the remaining shares and who continues as the managing director of the subsidiary. The parties agreed not to announce the acquisition price, but the shares have been acquired at approximately 5.5 times the profit after tax in 2007 on a debt free basis. The shares will be paid in cash.
Further to Stock Exchange Announcement No. 16/2007 Gibo Plast – a subsidiary of SP Group – has today acquired the entire share capital in DKI Form with takeover on 2 January, 2008. The purchase price paid in cash amounts to DKK 20.4m for all shares. Apart from this sum Gibo Plast takes over net interest-bearing liabilities of approximately DKK 15 m.
Preliminary negotiations about acquisition
Gibo Plast, a subsidiary in SP Group, has entered into negotiations with the shareholders in DKI Form with special reference to an acquisition of the entire share capital of DKI Form. DKI Form is the second largest company in Denmark within vacuum forming and has a considerable export share and a strong position in the market of automotive industries in Europe. DKI Form is growing steadily.
Interim report for the nine months ended 30 September 207
Summary: SP Group generated profit before tax of DKK 5.6m in Q3 2007. Revenue was unchanged at DKK 211m, while EBIT was down by DKK 0.1m to DKK 9.6m. Overall, the Group generated revenue of DKK 665m and profit before tax and minority interests of DKK 26.3m in the first nine months of the year. The financial results increased 62.8% relative to the year-earlier period. The Group lowers its full year profit forecast to the level expected at the beginning of the year, that is, profit before tax and minority interests in the range of DKK 20-25m. Download report here For further information please take contact to CEO Frank Gad.
Course of tha annual general meeting
Today SP Group A/S has held its Annual General Meeting in accordance with the announced agenda. Martin Beck, Attorney at Law, was Chairman of the Meeting. The Chairman of the Board made his report and thereafter Chief Executive Officer Frank Gad reported on the activities of the Group. The annual report was adopted unanimously.
Announcement of the management´s or connected person´s trading with SP Group A/S shares
Pursuant to the Securities Trading Act Clause 28a SP Group A/S shall announce the Management’s or connected person’s trading with SP Group A/S shares. Connected person to Chief Executive Officer Frank Gad has on the 27 August 2007 on the Copenhagen Stock Exchange acquired 1,000 number of shares in SP Group A/S, ID code DK0010244771, at a price of 219.275.- equal to DKK 219,275.
Interim report - first half of 2007
Summary: SP Group generated profit before tax and minority interests of DKK 20.7m in the first half-year of 2007. Revenue improved by 14.7% to DKK 454m, while EBIT rose by DK 8.7m to DKK 26.4m. Profit before tax and minority interests doubled to DKK 20.7m. The financial results were better than expected. The Group increases its forecast for the 2007 profit before tax and minorities to approximately DKK 30m. This forecast includes expected restructuring costs relating to the closure of the injection moulding factory at Sønderborg, Denmark. New polyurethane factory to be built in Poland.
Today the Board of Directors decided to establish a warrant agreement for the Executive Board and 20 managers in the Group. The agreement is based on Warrants issued pursuant to the Articles of Association, item 5, subsection 3, that empowers the Board of Directors to use this authority. The warrant plan was adopted by the Board of Directors at the latest General Meeting on the 27 April 2007. 80,000 warrants will be issued, of which 20,000 are granted the Executive Board and the remaining 60,000 warrants are granted the Managers.
Pursuant to Regulation 17, paragraph 2 in the Regulations on issuer's duties of disclosure (Regulation no. 226 og 15 March 2007) SP Group A/S hereby informs that the total share capital in the group amounts to DKK 200,000,000.- and the total voting rights are 2 million.
Interim report - first quarter of 2007
Summary: SP Group generated profit before tax of DKK 11.3 million in the first quarter of 2007 Revenue improved by 17.9% to DKK 225 million, while EBIT rose by DK 8.8 million to DKK 14.7 million. Profit before tax and minority interests improved by DKK 8.2 million over Q1 2006. The financial results were better than expected. The Group retains its full-year forecasts.
Notice of Annual General Meeting in SP Group A/S on 27 April 2007
Enclosed please find notice of Annual General Meeting in SP Group A/S on 27 April 2007.
SP Group A/S - Annual Report 2016
Summary:SP Group’s 2006 results were better than expected.The organic growth ended at 12.1% and revenue increased by 11.2%.Growth accelerated in the course of the year.Earnings were burdened by the integration of acquired business and the start-up of two plants in Poland.Nevertheless, EBITDA increased 48.4% to DKK 73.4 million due to increased sales, more efficient utilisation of our capacity and a better product mix.Profit before tax and minority interests nearly doubled to DKK 20.6 million.In 2007 we expect a growth in revenue of 4-8% and profit before tax and minority interests of DKK 25-30 million.
SP Group A/S - Changes in the Management
The Board in SP Group has today decided to appoint Financial Director, Jørgen Nielsen, member of the Executive Group as of 1 March 2007. Jørgen Nielsen, 50 years old, BCom, has been working in SP Group since 1987. The members of the Executive Board in SP Group are as of 1 March 2007 Frank Gad, Chief Executive Officer, and Jørgen Nielsen, Chief Financial Officer.
SP Group A/S acquires more shares in the profitable subsidiary TPI Polytechniek bv. The acquisition is expected to strengthenSP Group’s earnings per share in 2007. As of 1 January 2007 SP Group has increased its share of the subsidiary TPI Polytechniek bv from 60 % to 70 %. Seller is Managing Director Jeroen van der Heijden, who owns the remaining shares and who continues as the managing director of the subsidiary. The parties agreed not to announce the acquisition price, but the shares have been acquired at approximately 5.5 times the profit after tax in 2006 on a debt free basis. The shares will be paid in cash.
SP Group A/S - Financial Calender for 2007
The Financial Calendar for SP Group A/S for 2007 is: 29 March Preliminary announcement of financial statements for 2006 27 April Annual General Meeting and Quarterly Announcement for Q1 2007 22 August Interim announcement for H1 2007 05 November Quarterly Announcement for Q3 2007