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

Scandinavian Tobacco Group A/S

Company Announcement No. 43/2022

Copenhagen, 27 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 20 June to 24 June 2022:

	Number of shares	Average purchase price, DKK	Transaction value, DKK
Accumulated, last announcement	1,408,471		204,011,951
20 June 2022	23,000	140.03	3,220,651
21 June 2022	17,495	141.33	2,472,651
22 June 2022	23,000	138.15	3,177,429
23 June 2022	15,000	135.68	2,035,238
24 June 2022	3,965	137.18	543,927
Total, 20 June-24 June 2022	82,460	138.85	11,449,895
Bought from CAF, 24 June 2022*	36,800	138.85	5,109,825
Bought from CWO, 24 June 2022*	17,037	138.85	2,365,654
Accumulated under the programme	1,544,768		222,937,326

*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 20 June–24 June 2022 is attached to this announcement.

Following the above transactions Scandinavian Tobacco Group A/S owns a total of 1,990,830 treasury shares, corresponding to 2.14% 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 43 2022

• 24 JUN 2022 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP

• PDMR notification CAF 27 JUN 2022

• PDMR notification CWO 27 JUN 2022