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

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Company Announcement
No. 62/2021

Copenhagen, 27 December 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 December to 23 December 2021:

Number of shares

Average purchase price, DKK

Transaction value, DKK

Accumulated, last announcement

3,826,596

488,661,207

20 December 2021

14,709

127.02

1,868,399

21 December 2021

23,036

131.01

3,017,983

22 December 2021

10,724

131.33

1,408,419

23 December 2021

9,927

131.33

1,303,667

Accumulated under the programme

3,884,992

495,295,676

A detailed overview of transactions during the period 20 December – 23 December 2021 is attached to this announcement.

Following the above transactions STG owns a total of 4,468,566 treasury shares, corresponding to 4.58% 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

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