| Company Announcement No. 5/2019 |
Copenhagen, 16 April 2019
Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities
1.
Information on the person discharging managerial responsibilities/person closely associated
a)
Name
Niels Frederiksen
2.
Reason for the notification
a)
Position/title
CEO and member of the Executive Management
b)
Initial notification/amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Scandinavian Tobacco Group A/S
b)
LEI code
5299003KG4JS99TRML67
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Performance share units
DK0060696300 - STG
b)
Nature of the transaction
Received performance share units (PSUs) under the Long-term Incentive Programme which are conditional upon fulfilment of certain performance indicators in the financial years 2019-2021
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| DKK 0 | 33,278 PSUs |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2019-04-16
f)
Place of the transaction
Outside a trading venue
1.
Information on the person discharging managerial responsibilities/person closely associated
a)
Name
Niels Frederiksen
2.
Reason for the notification
a)
Position/title
CEO and member of the Executive Management
b)
Initial notification/amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Scandinavian Tobacco Group A/S
b)
LEI code
5299003KG4JS99TRML67
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Shares
DK0060696300 - STG
b)
Nature of the transaction
Grant of shares due to vesting of performance share units granted under Long-term Incentive Programme based on KPIs related to the 2016-2018 performance period.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| DKK 0 | 15,002 shares |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2019-04-16
f)
Place of the transaction
Outside a trading venue
1.
Information on the person discharging managerial responsibilities/person closely associated
a)
Name
Marianne Rørslev Bock
2.
Reason for the notification
a)
Position/title
CFO and member of the Executive Management
b)
Initial notification/amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Scandinavian Tobacco Group A/S
b)
LEI code
5299003KG4JS99TRML67
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Performance share units
DK0060696300 - STG
b)
Nature of the transaction
Received performance share units (PSUs) under the Long-term Incentive Programme which are conditional upon fulfilment of certain performance indicators in the financial years 2019-2021
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| DKK 0 | 13,797 PSUs |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2019-04-16
f)
Place of the transaction
Outside a trading venue
1.
Information on the person discharging managerial responsibilities/person closely associated
a)
Name
Craig Reynolds
2.
Reason for the notification
a)
Position/title
Executive Vice President and member of the Executive Board
b)
Initial notification/amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Scandinavian Tobacco Group A/S
b)
LEI code
5299003KG4JS99TRML67
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Performance share units
DK0060696300 - STG
b)
Nature of the transaction
Received performance share units (PSUs) under the Long-term Incentive Programme which are conditional upon fulfilment of certain performance indicators in the financial years 2019-2021
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| DKK 0 | 14,430 PSUs |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2019-04-16
f)
Place of the transaction
Outside a trading venue
1.
Information on the person discharging managerial responsibilities/person closely associated
a)
Name
Craig Reynolds
2.
Reason for the notification
a)
Position/title
Executive Vice President and member of the Executive Board
b)
Initial notification/amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Scandinavian Tobacco Group A/S
b)
LEI code
5299003KG4JS99TRML67
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Shares
DK0060696300 - STG
b)
Nature of the transaction
Grant of shares due to vesting of performance share units granted under Long-term Incentive Programme based on KPIs related to the 2016-2018 performance period.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| DKK 0 | 6,673 shares |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2019-04-16
f)
Place of the transaction
Outside a trading venue
1.
Information on the person discharging managerial responsibilities/person closely associated
a)
Name
Vincent Crepy
2.
Reason for the notification
a)
Position/title
Executive Vice President and member of the Executive Board
b)
Initial notification/amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Scandinavian Tobacco Group A/S
b)
LEI code
5299003KG4JS99TRML67
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Performance share units
DK0060696300 - STG
b)
Nature of the transaction
Received performance share units (PSUs) under the Long-term Incentive Programme which are conditional upon fulfilment of certain performance indicators in the financial years 2019-2021
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| DKK 0 | 13,084 PSUs |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2019-04-16
f)
Place of the transaction
Outside a trading venue
1.
Information on the person discharging managerial responsibilities/person closely associated
a)
Name
Vincent Crepy
2.
Reason for the notification
a)
Position/title
Executive Vice President and member of the Executive Board
b)
Initial notification/amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Scandinavian Tobacco Group A/S
b)
LEI code
5299003KG4JS99TRML67
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Shares
DK0060696300 - STG
b)
Nature of the transaction
Grant of shares due to vesting of performance share units granted under the Long-term Incentive Programme based on KPIs related to the 2016-2018 performance period. 100% settled in cash.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| DKK 0 | 5,931 shares |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2019-04-16
f)
Place of the transaction
Outside a trading venue
For further information, please contact:
For investor enquiries: Torben Sand, Head of Investor Relations, phone: +45 5084 7222 or torbensand@st-group.com
For media enquiries: Simon Mehl Augustesen, Director of Group Communications, phone: +45 5084 7211 or simon.augustesen@st-group.com
About Scandinavian Tobacco Group
Scandinavian Tobacco Group A/S is a world leading manufacturer of cigars and pipe tobacco with annual production of three billion cigars and 5,000 tonnes of pipe and fine-cut tobacco.
Scandinavian Tobacco Group holds market-leading positions in several categories and has a portfolio of more than 200 brands providing a complementary range of established global brands and local champions.
The Group employs 7,650 people in the Dominican Republic, Honduras, Nicaragua, Indonesia, Europe, New Zealand, Australia, Canada and the US. For more information please visit www.st-group.com
