UK markets open in 7 hours 13 minutes
  • NIKKEI 225

    28,942.14
    -280.63 (-0.96%)
     
  • HANG SENG

    19,763.91
    -158.54 (-0.80%)
     
  • CRUDE OIL

    90.71
    +0.21 (+0.23%)
     
  • GOLD FUTURES

    1,771.80
    +0.60 (+0.03%)
     
  • DOW

    33,999.04
    +18.72 (+0.06%)
     
  • BTC-GBP

    19,455.61
    -205.03 (-1.04%)
     
  • CMC Crypto 200

    558.74
    +1.01 (+0.18%)
     
  • ^IXIC

    12,965.34
    +27.22 (+0.21%)
     
  • ^FTAS

    4,162.11
    +15.62 (+0.38%)
     

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

  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
Scandinavian Tobacco Group A/S
Scandinavian Tobacco Group A/S

Company Announcement
No. 46/2022

Copenhagen, 18 July 2022


Transactions in connection with share buy-back programme

On 19 May 2022, Scandinavian Tobacco Group A/S announced that the share buy-back programme that was initiated 9 March 2022 was increased to an aggregated value of up to DKK 1,000 million. The purpose of the programme is to adjust the Company’s capital structure and meet obligations relating to the Group’s share-based incentive programme.

Part of 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. Another part of the share buy-back programme is conducted as a directed buy-back from Chr. Augustinus Fabrikker Aktieselskab and C.W. Obel A/S as further described in company announcement no. 35/2022. The share buy-back programme will end no later than 28 February 2023.

The following transactions have been executed from 11 July to 15 July , 2022:

 

Number of shares

Average
purchase price, DKK

Transaction value, DKK

Accumulated, last announcement

1,783,785

 

256,123,364

11 July 2022

18,550

135.54

2,514,299

12 July 2022

14,830

137.76

2,042,976

13 July 2022

12,960

137.21

1,778,238

14 July 2022

17,170

137.38

2,358,797

15 July 2022

4,954

136.82

677,818

Total, 11 July-15 July 2022

68,464

136.89

9,372,119

Bought from CAF, 15 July 2022*

30,554

136.89

4,182,574

Bought from CWO, 15 July 2022*

14,145

136.89

1,936,326

Accumulated under the programme

1,896,948

 

271,614,383

*According to separate agreements as from 20 May 2022 Chr. Augustinus Fabrikker Aktieselskab (CAF) participates on a 27.0% pro-rata basis and C.W.Obel A/S (CWO) participates on a 12.5% pro-rata basis to the shares purchased in the share buy-back programme.

A detailed overview of transactions during the period 11 July –15 July 2022 is attached to this announcement.

Following the above transactions Scandinavian Tobacco Group A/S owns a total of 2,343,010 treasury shares, corresponding to 2.52% of the total share capital.

For further information, please contact:
Torben Sand, Head of Investor Relations,
phone: +45 5084 7222 or torben.sand@st-group.com

Attachments


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting