UK markets closed
  • FTSE 100

    7,208.81
    +188.36 (+2.68%)
     
  • FTSE 250

    19,123.71
    +430.73 (+2.30%)
     
  • AIM

    896.27
    +10.41 (+1.18%)
     
  • GBP/EUR

    1.1624
    -0.0022 (-0.19%)
     
  • GBP/USD

    1.2274
    +0.0013 (+0.11%)
     
  • BTC-GBP

    17,407.52
    +28.56 (+0.16%)
     
  • CMC Crypto 200

    462.12
    +8.22 (+1.81%)
     
  • S&P 500

    3,911.74
    +116.01 (+3.06%)
     
  • DOW

    31,500.68
    +823.32 (+2.68%)
     
  • CRUDE OIL

    107.06
    +2.79 (+2.68%)
     
  • GOLD FUTURES

    1,828.10
    -1.70 (-0.09%)
     
  • NIKKEI 225

    26,491.97
    +320.72 (+1.23%)
     
  • HANG SENG

    21,719.06
    +445.19 (+2.09%)
     
  • DAX

    13,118.13
    +205.54 (+1.59%)
     
  • CAC 40

    6,073.35
    +190.02 (+3.23%)
     

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

  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
Scandinavian Tobacco Group A/S
Scandinavian Tobacco Group A/S

Company Announcement
No. 41/2022

Copenhagen, 13 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 7 June to 10 June 2022:

 

Number of shares

Average
purchase price, DKK

Transaction value, DKK

Accumulated, last announcement

1,154,310

 

167,496,266

7 June 2022

20,330

148.56

3,020,215

8 June 2022

19,810

147.85

2,928,869

9 June 2022

15,420

145.15

2,238,162

10 June 2022

14,859

141.77

2,106,557

Total, 7 June-10 June 2022

70,419

146.18

10,293,803

Bought from CAF, 10 June 2022*

31,427

146.18

4,593,978

Bought from CWO, 10 June 2022*

14,549

146.18

2,126,763

Accumulated under the programme

1,270,705

 

184,510,811

*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 7 June–10 June 2022 is attached to this announcement.

Following the above transactions Scandinavian Tobacco Group A/S owns a total of 1,716,767 treasury shares, corresponding to 1.85% 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


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting