| Company Announcement No. 18/2022 |
Copenhagen, 14 March 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 10 March to 11 March 2023:
| Number of shares | Average purchase price, DKK | Transaction value, DKK | |
| 10 March 2022 | 20,050 | 130.20 | 2,610,578 |
| 11 March 2022 | 14,430 | 135.05 | 1,948,725 |
| Accumulated under the programme | 34,480 | 4,559,303 |
A detailed overview of transactions during the period 10 March - 11 March 2022 is attached to this announcement.
Following the above transactions STG owns a total of 5,239,292 treasury shares, corresponding to 5.37% 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
Media: Simon Mehl Augustesen, Director of Group Communications,
phone: +1 484-379-8725 or simon.augustesen@st-group.com
Attachments
- Company Announcement no 18 2022 (https://ml-eu.globenewswire.com/Resource/Download/87d31a91-3c8e-40c8-90af-c7b53713693f)
- 11 MAR 2022 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP (https://ml-eu.globenewswire.com/Resource/Download/69dce78b-69ed-4e82-833e-53b7258b075f)
