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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. 8/2021

Copenhagen, 22 February 2021

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 15 February to 19 February 2021:

Number of shares

Average purchase price, DKK

Transaction value, DKK

Accumulated, last announcement

2,737,654

274,462,156

15 February 2021

21,413

118.65

2,540,563

16 February 2021

29,000

117.78

3,415,611

17 February 2021

20,785

116.68

2,425,229

18 February 2021

32,500

116.25

3,778,145

19 February 2021

25,822

114.81

2,964,668

Accumulated under the program

2,867,174

289,586,371

A detailed overview of transactions during the period 15 February – 19 February 2021 is attached to this announcement.

Following the above transactions STG owns a total of 3,143,680 treasury shares, corresponding to 3.14% 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