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

Company Announcement No. 49/2021

Copenhagen, 4 October 2021

Transactions in connection with share buy-back programme

On 10 March 2021, Scandinavian Tobacco Group A/S (“STG”) announced that a share buy-back programme of an aggregated price of up to DKK 600 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 2022.

The following transactions have been executed from 20 September to 24 September 2021:

	Number of shares	Average purchase price, DKK	Transaction value, DKK
Accumulated, last announcement	2,675,601		338,858,057
27 September 2021	27,670	130.13	3,600,794
28 September 2021	25,000	128.08	3,201,948
29 September 2021	23,410	127.56	2,986,121
30 September 2021	23,230	128.27	2,979,703
1 October 2021	20,069	125.71	2,522,832
Accumulated under the programme	2,794,980		354,149,454

A detailed overview of transactions during the period 27 September – 1 October 2021 is attached to this announcement.

Following the above transactions STG owns a total of 3,378,554 treasury shares, corresponding to 3.47% 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

Media: Simon Mehl Augustesen, Director of Group Communications,
phone: +1 484-379-8725 or simon.augustesen@st-group.com

Attachments

• Company Announcement no 49 2021

• 1 OCT 2021 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP