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

Søborg, DENMARK


Company Announcement
No. 15/2021

 

Copenhagen, 29 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 22 March to 26 March 2022:

 Number of sharesAverage purchase price, DKKTransaction value, DKK
Accumulated, last announcement191,574 23,582,871
22 March 202120,260121.842,468,458
23 March 20216,160124.64767,755
24 March 202120,000124.322,486,474
25 March 202134,436123.494,252,419
26 March 202140,000123.164,926,432
Accumulated under the program312,430 38,484,409

A detailed overview of transactions during the period 22 March – 26 March 2021 is attached to this announcement.

Following the above transactions STG owns a total of 3,546,678 treasury shares, corresponding to 3.55% 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 15 2021 26 MAR 2021 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP