11.04.2022 08:35:28

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

Company Announcement
No. 25/2022

 

Copenhagen, 11 April 2022

Transactions in connection with share buy-back programme

On 9 March 2022, Scandinavian Tobacco Group A/S ("STG”) announced that a share buy-back programme of an aggregated price of up to DKK 700 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 2023.

The following transactions have been executed from 4 April to 8 April 2022:

  Number of shares Average purchase price, DKK Transaction value, DKK
Accumulated, last announcement 307,517   43,428,976
  4 April 2022 18,170 136.22 2,482,431
  5 April 2022 19,977 135.47 2,706,330
  6 April 2022 19,610 136.06 2,668,219
  7 April 2022 21,300 138.47 2,949,500
  8 April 2022 13,971 139.16 1,944,158
Accumulated under the programme 400,545   56,179,614

A detailed overview of transactions during the period 4 April – 8 April 2022 is attached to this announcement.

Following the above transactions STG owns a total of 5,605,357 treasury shares, corresponding to 5.75% 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

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