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

Scandinavian Tobacco Group A/S
·2-min read

Company Announcement
No. 46/2020

Copenhagen, 21 December 2020

Transactions in connection with share buy-back programme

On 28 August 2020, Scandinavian Tobacco Group A/S (“STG”) announced that a share buy-back programme of an aggregated price of up to DKK 300 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 26 February 2021.

The following transactions have been executed from 14 December to 18 December 2020:

Number of shares

Average purchase price, DKK

Transaction value, DKK

Accumulated, last announcement

1,751,563

166,230,949

14 December 2020

35,000

102.20

3,576,965

15 December 2020

29,401

103.08

3,030,711

16 December 2020

30,664

102.97

3,157,322

17 December 2020

24,511

103.04

2,525,567

18 December 2020

21,522

103.05

2,217,911

Accumulated under the program

1,892,661

180,739,424

A detailed overview of transactions during the period 14 December – 18 December 2020 is attached to this announcement.

Following the above transactions STG owns a total of 2,169,169 treasury shares, corresponding to 2.17% 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