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

January 24, 2022 2:29 AM EST

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Company Announcement
No. 5/2022


Copenhagen, 24 January 2022

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 17 January to 21 January 2022:

 Number of sharesAverage purchase price, DKKTransaction value, DKK
Accumulated, last announcement4,104,057 525,542,508
17 January 202213,352143.411,914,812
18 January 202219,350137.442,659,557
19 January 202217,420139.612,432,046
20 January 202223,152138.583,208,293
21 January 202223,270137.653,203,018
Accumulated under the programme4,200,601 538,960,234

A detailed overview of transactions during the period 17 January – 21 January 2022 is attached to this announcement.

Following the above transactions STG owns a total of 4,784,175 treasury shares, corresponding to 4.91% of the total share capital.

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

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


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