Scandinavian Tobacco Group A/S: Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities

Company Announcement
No. 19/2023

Copenhagen, 17 May 2023

Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities

1.
Information on the person discharging managerial responsibilities/person closely associated
a)
Name
Niels Frederiksen
2.
Reason for the notification
a)
Position/title

CEO and member of the Executive Management
b)
Initial notification/amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Scandinavian Tobacco Group A/S
b)
LEI code
5299003KG4JS99TRML67
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Performance share units

DK0060696300 - STG
b)
Nature of the transaction

Received performance share units (PSUs) under the Long-term Incentive Programme, which are conditional upon fulfilment of certain performance indicators in the financial years 2023-2025, as well as dividend PSUs related to these PSUs and to PSUs previously granted under the Long-term Incentive Programme
c)
Price(s) and volume(s)

Price(s)	Volume(s)
DKK 0	30,927 PSUs

d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2023-05-17
f)
Place of the transaction
Outside a trading venue

1.
Information on the person discharging managerial responsibilities/person closely associated
a)
Name
Marianne Rørslev Bock
2.
Reason for the notification
a)
Position/title
CFO and member of the Executive Management
b)
Initial notification/amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Scandinavian Tobacco Group A/S
b)
LEI code
5299003KG4JS99TRML67
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Performance share units

DK0060696300 - STG
b)
Nature of the transaction

Received performance share units (PSUs) under the Long-term Incentive Programme, which are conditional upon fulfilment of certain performance indicators in the financial years 2023-2025, as well as dividend PSUs related to these PSUs and to PSUs previously granted under the Long-term Incentive Programme
c)
Price(s) and volume(s)

Price(s)	Volume(s)
DKK 0	14,859 PSUs

d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2023-05-17
f)
Place of the transaction
Outside a trading venue

For further information, please contact:
Torben Sand, Head of IR & Communication, phone [phone] or [e-mail]
Eliza Michael, IR and Communication, phone [phone] or [e-mail]

About Scandinavian Tobacco Group
Scandinavian Tobacco Group A/S is a world-leading manufacturer of handmade and machine-rolled cigars with an annual production of more than four billion cigars. The Group holds market-leading positions in several categories and its products are sold in more than 100 markets.

Scandinavian Tobacco Group has its headquarters in Copenhagen, Denmark - and employs approximately 10,000 people in Europe, the US, Canada, the Dominican Republic, Honduras, Nicaragua, Indonesia and Sri Lanka. For more information please visit www.st-group.com

Attachment

• Scandinavian Tobacco Group, Grant of PSUs 17 May 2023 (https://ml-eu.globenewswire.com/Resource/Download/0dcb5e1d-af5d-49d7-96a6-591b68a3914f)