COMPANY ANNOUNCEMENT
No. 25/2016
Copenhagen, 13 June 2016
Transactions in Connection
with Share Buy-back Programme
On 30 May 2016 Scandinavian Tobacco Group A/S ("STG") announced that a share share buy-back programme of up to 412,462 shares and a maximum consideration of DKK 55m was launched with the purpose of hedging obligations arising from STG's share based incentive schemes.
The buy-back programme is executed in accordance with Commission Regulation (EC) no 2273/2003 of 22 December 2003 and from 3 July 2016 in accordance with Article 5 of Regulation (EU) no 596/2014 of 16 April 2014 (the so-called Safe Harbour method). The share buy-back programme will end no later than 30 September 2016.
The following transactions have been executed in the period 6 June - 10 June 2016:
| Number of shares | Average purchase price, DKK | Transaction value, DKK | |
| 6 June 2016 | 1,691 | 109.74 | 185,567 |
| 7 June 2016 | 7,549 | 110.05 | 830,765 |
| 8 June 2016 | 3,478 | 109.68 | 381,473 |
| 9 June 2016 | 13,021 | 109.07 | 1,420,245 |
| 10 June 2016 | 4,560 | 107.89 | 491,999 |
| Accumulated for the period | 30,299 | 109.25 | 3,310,051 |
| Accumulated under the programme | 87,181 | 109.13 | 9,514,390 |
Following the above transactions STG owns a total of 87,181 treasury shares, corresponding to 0.087% of the total share capital.
For further information, please contact:
For media enquiries:
Kaspar Bach Habersaat, Director of Group Communications, phone: +45 7220 7152
or kaspar.bach@st-group.com.
For investor enquiries:
Torben Sand, Head of Investor Relations, phone: +45 7220 7126 or torben.sand@st-group.com.
