Company Announcement

No.13 2019

                                                                                                        Copenhagen, 3 December 2019

Major Shareholder’s Announcement With reference to Section 29 of the Danish Securities Trading Act (værdipapirhandels-loven) it is hereby announced that Parvus Asset Management Europe Limited has informed Scandinavian Tobacco Group A/S (the “Company”) that funds administered by companies within Parvus Asset Management Europe Limited on 2 December 2019 control shares in total amounting to more than 5% of the company´s share capital, and Parvus Asset Management Europe Limited exercises more than 5% of the voting rights.  
Funds administered by Parvus Asset Management Europe Limited thus control 5,441,977 shares with a nominal value of DKK 1 (aggregate nominal value DKK 5,441,977), corresponding to 5.44% of the total share capital, and on behalf of these funds Parvus Asset Management Europe Limited exercises 5.44% of the voting rights.  
  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: +45 5084 7211 or simon.augustesen@st-group.com


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