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

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Scandinavian Tobacco Group A/S
Scandinavian Tobacco Group A/S

Company Announcement
No. 27/2022

Copenhagen, 25 April 2022

Transactions in connection with share buy-back programme

On 9 March 2022, Scandinavian Tobacco Group A/S (“STG”) announced that a share buy-back programme of an aggregated price of up to DKK 700 million was launched with the purpose to adjust the Company’s capital structure and meet obligations relating to the Group’s share-based incentive programme.

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. The share buy-back programme will end no later than 28 February 2023.

The following transactions have been executed from 19 April to 22 April 2022:

Number of shares

Average purchase price, DKK

Transaction value, DKK

Accumulated, last announcement

459,141

64,413,835

19 April 2022

18,718

145.11

2,716,161

20 April 2022

21,135

146.33

3,092,678

21 April 2022

21,672

144.17

3,124,463

22 April 2022

20,588

143.26

2,949,501

Accumulated under the programme

541,254

76,296,639

A detailed overview of transactions during the period 19 April – 22 April 2022 is attached to this announcement.

Following the above transactions STG owns a total of 5,746,066 treasury shares, corresponding to 5.89% of the total share capital.

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

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