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

Scandinavian Tobacco Group A/S
·1-min read

Company Announcement
No. 12/2021

Copenhagen, 15 March 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 11 March to 12 March 2022:

Number of shares

Average purchase price, DKK

Transaction value, DKK

11 March 2021

12,279

127.25

1,562,443

12 March 2021

44,536

125.26

5,578,735

Accumulated under the program

56,815

7,141,178

A detailed overview of transactions during the period 11 March – 12 March 2021 is attached to this announcement.

Following the above transactions STG owns a total of 3,291,063 treasury shares, corresponding to 3.29% 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