DK-5471 Soendersoe, 2016-08-29 08:47 CEST (GLOBE NEWSWIRE) -- A large European Asset Management Company has contacted us.
They want to invest EUR 3 million in SP Group shares (approximately 1.5 % of Market Cap).
The Management of SP Group regards this as a vote of confidence and has decided to sell parts of their own portfolio to the new shareholder to:
- Improve the free flow
- Increase the long term institutional ownership
- Get an important new shareholder ‘on board’