COMPANY ANNOUNCEMENT
No. 36/2016
Copenhagen, 8 August 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 1 - 5 August 2016:
| Number of shares | Average purchase price, DKK | Transaction value, DKK | |
| 1 August 2016 | 1,272 | 118.14 | 150,272 |
| 2 August 2016 | 1,000 | 120.11 | 120,111 |
| 3 August 2016 | 8,702 | 120.96 | 1,052,603 |
| 4 August 2016 | 1,684 | 120.61 | 203,111 |
| 5 August 2016 | 5,113 | 120.06 | 613,850 |
| Accumulated for the period | 17,771 | 120.06 | 2,133,529 |
| Accumulated under the programme | 336,664 | 109.64 | 36,911,237 |
A detailed overview of transactions during the period 1 - 5 August 2016 is attached to this announcement.
Following the above transactions STG owns a total of 336,664 treasury shares, corresponding to 0.337 % 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.