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

Company Announcement
No. 13/2021

 

Copenhagen, 22 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 15 March to 19 March 2022:

 Number of sharesAverage purchase price, DKKTransaction value, DKK
Accumulated, last announcement56,815 7,141,178
15 March 202143,435122.475,319,432
16 March 202130,000123.413,702,429
17 March 202130,059120.853,632,660
18 March 202111,210121.391,360,757
19 March 202120,055120.992,426,414
Accumulated under the program191,574 23,582,871

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

Following the above transactions STG owns a total of 3,425,822 treasury shares, corresponding to 3.43% 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-13-2021.pdf
19-mar-2021-public-sbb-scandinavian-tobacco-group.pdf