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

Gentofte, DENMARK

Company Announcement
No. 58/2022


Copenhagen, 26 Sep 2022

Transactions in connection with share buy-back programme

On 19 May 2022, Scandinavian Tobacco Group A/S announced that the share buy-back programme that was initiated 9 March 2022 was increased to an aggregated value of up to DKK 1,000 million. The purpose of the programme is to adjust the Company’s capital structure and meet obligations relating to the Group’s share-based incentive programme.

Part of 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. Another part of the share buy-back programme is conducted as a directed buy-back from Chr. Augustinus Fabrikker Aktieselskab and C.W. Obel A/S as further described in company announcement no. 35/2022. The share buy-back programme will end no later than 28 February 2023.

The following transactions have been executed from 19 September to 23 September 2022:

 Number of sharesAverage
purchase price, DKK
Transaction value, DKK
Accumulated, last announcement3,211,333 429,775,898
19-Sep-22 18,887 110.93 2,095,097
20-Sep-22 35,190 112.41 3,955,842
21-Sep-22 25,847 113.27 2,927,710
22-Sep-22 29,462 112.14 3,303,889
23-Sep-22 51,260 110.45 5,661,708
Total, 19 September - 23 September 2022160,646111.7017,944,246
Bought from CAF, 23 September 2022* 71,693 111.70 8,008,147
Bought from CWO, 23 September 2022* 33,191  111.70  3,707,453
Accumulated under the programme3,476,863  459,435,745

*According to separate agreements as from 20 May 2022 Chr. Augustinus Fabrikker Aktieselskab (CAF) participates on a 27.0% pro-rata basis and C.W.Obel A/S (CWO) participates on a 12.5% pro-rata basis to the shares purchased in the share buy-back programme.

A detailed overview of transactions during the period 19 September – 23 September 2022 is attached to this announcement.

Following the above transactions Scandinavian Tobacco Group A/S owns a total of 3,922,925 treasury shares, corresponding to 4.22% of the total share capital.

For further information, please contact:
Torben Sand, Head of Investor Relations,
phone: +45 5084 7222 or



Company Announcement no 58 2022 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP PDMR notification CAF 23 Sep 2022 PDMR notification CWO 23 Sep 2022