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

Company Announcement
No. 43/2020


Copenhagen, 7 December 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 30 November to 4 December 2020:

 Number of sharesAverage purchase price, DKKTransaction value, DKK
Accumulated, last announcement1,555,988 147,257,254
30 November 202015,00096.081,441,197
  1 December 202025,00094.432,360,728
  2 December 2020 7,86494.18740,614
  3 December 202025,00094.412,360,148
  4 December 202020,76995.581,985,053
Accumulated under the program1,649,621 156,144,993

A detailed overview of transactions during the period 30 November – 4 December 2020 is attached to this announcement.

Following the above transactions STG owns a total of 1,926,129 treasury shares, corresponding to 1.93% of the total share capital.