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

Company Announcement
No. 33/2020

 

Copenhagen, 19 October 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 12 October to 16 October 2020:

 Number of sharesAverage purchase price, DKKTransaction value, DKK
Accumulated, last announcement671,177 64,547,959
12 October 202025,00097.282,432,110
13 October 202026,91897.012,611,420
14 October 202020,00097.651,953,088
15 October 202024,16595.072,297,441
16 October 202026,82895.722,567,936
Accumulated under the program794,088 76,409,955

A detailed overview of transactions during the period 12 October – 16 October 2020 is attached to this announcement.

Following the above transactions STG owns a total of 1,070,596 treasury shares, corresponding to 1.07% 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

Attachments

company-announcement-no-33-2020.pdf
19-oct-2020-public-sbb-scandinavian-tobacco-group.pdf