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

Company Announcement No. 53/2021

Copenhagen, 1 November 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 25 October to 29 October 2021:

	Number of shares	Average purchase price, DKK	Transaction value, DKK
Accumulated, last announcement	3,079,460		392,250,375
25 October 2021	20,270	141.32	2,864,605
26 October 2021	23,016	143.34	3,299,143
27 October 2021	17,359	144.18	2,502,888
28 October 2021	15,634	144.63	2,261,067
29 October 2021	18,060	143.75	2,596,038
Accumulated under the programme	3,173,799		405,774,118

A detailed overview of transactions during the period 25 October – 29 October 2021 is attached to this announcement.

Following the above transactions STG owns a total of 3,757,373 treasury shares, corresponding to 3.85% 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 53 2021

• 29 OCT 2021 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP