Scandinavian Tobacco Group A/S: Transactions in connection with share buy-back programme

Scandinavian Tobacco Group A/S

Company Announcement No. 42/2022

Copenhagen, 20 June 2022


Transactions in connection with share buy-back programme

On 19 May 2022, Scandinavian Tobacco Group A/S announced that the share buy-back programme that was initiated 9 March 2022 was increased to an aggregated value of up to DKK 1,000 million. The purpose of the programme is to adjust the Company’s capital structure and meet obligations relating to the Group’s share-based incentive programme.

Part of the buy-back programme is executed in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (the “Market Abuse Regulation”) and Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Another part of the share buy-back programme is conducted as a directed buy-back from Chr. Augustinus Fabrikker Aktieselskab and C.W. Obel A/S as further described in company announcement no. 35/2022. The share buy-back programme will end no later than 28 February 2023.

The following transactions have been executed from 13 June to 17 June 2022:

	Number of shares	Average purchase price, DKK	Transaction value, DKK
Accumulated, last announcement	1,270,705		184,510,811
13 June 2022	14,693	140.79	2,068,610
14 June 2022	23,000	142.06	3,267,302
15 June 2022	16,040	143.23	2,297,379
16 June 2022	20,000	140.92	2,818,352
17 June 2022	9,616	140.04	1,346,628
Total, 13 June-17 June 2022	83,349	141.55	11,798,271
Bought from CAF, 17 June 2022*	37,197	141.55	5,265,333
Bought from CWO, 17 June 2022*	17,220	141.55	2,437,536
Accumulated under the programme	1,408,471		204,011,951

*According to separate agreements as from 20 May 2022 Chr. Augustinus Fabrikker Aktieselskab (CAF) participates on a 27.0% pro-rata basis and C.W.Obel A/S (CWO) participates on a 12.5% pro-rata basis to the shares purchased in the share buy-back programme.

A detailed overview of transactions during the period 13 June–17 June 2022 is attached to this announcement.

Following the above transactions Scandinavian Tobacco Group A/S owns a total of 1,854,533 treasury shares, corresponding to 1.99% of the total share capital.

For further information, please contact:
Torben Sand, Head of Investor Relations,
phone: +45 5084 7222 or torben.sand@st-group.com

Attachments

• Company Announcement no 42 2022

• 17 JUN 2022 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP (003)

• PDMR notification CAF 20 JUN 2022

• PDMR notification CWO 20 JUN 2022