SP Group A/S
SP Group A/S acquires Ulstrup Plast A/s and issues new shares
SP Group A/S 22.06.2015 08:35 Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- DK-5471 Soendersoe, 2015-06-22 08:35 CEST (GLOBE NEWSWIRE) -- 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 -- SP Group issues 200,000 number of new shares as a part financing of the acquisition. The new shares will be sold at market price on Wednesday the 24 June 2015 without pre-emptive rights of the company's shareholders. The share issue is guaranteed -- Søren Ulstrup continues as managing director at Ulstrup Plast and becomes a significant shareholder in SP Group. News Source: NASDAQ OMX 22.06.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: SP Group A/S Denmark Phone: Fax: E-mail: Internet: ISIN: DK0010244771 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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