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

Company Announcement
No. 40/2020


Copenhagen, 16 November 2020

Transactions in connection with share buy-back programme

On 28 August 2020, Scandinavian Tobacco Group A/S (“STG”) announced that a share buy-back programme of an aggregated price of up to DKK 300 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 26 February 2021.

The following transactions have been executed from 9 November to 13 November 2020:

 Number of sharesAverage purchase price, DKKTransaction value, DKK
Accumulated, last announcement1,178,178 111,672,435
  9 November 202024,68993.392,305,674
10 November 202025,25891.092,300,787
11 November 202015,51091.341,416,722
12 November 202031,16191.282,844,389
13 November 202010,00091.81918,090
Accumulated under the program1,284,796 121,458,096

A detailed overview of transactions during the period 9 November – 13 November 2020 is attached to this announcement.

Following the above transactions STG owns a total of 1,561,304 treasury shares, corresponding to 1.56% of the total share capital.

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

Media: Simon Mehl Augustesen, Director of Group Communications,
phone: +1 484-379-8725 or