Monday, 4 April 2022

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








Scandinavian Tobacco Group A/S




Company Announcement No. 24/2022



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 28 March to 1 April 2022:






Number of shares


Average purchase price, DKK


Transaction value, DKK




Accumulated, last announcement


204,957



28,712,459




28 March 2022


22,477


145.43


3,268,900




29 March 2022


19,169


145.54


2,789,937




30 March 2022


20,340


145.50


2,959,446




31 March 2022


17,973


144.71


2,600,923




1 April 2022


22,601


137.04


3,097,311




Accumulated under the programme


307,517



43,428,976





A detailed overview of transactions during the period 28 March – 1 April 2022 is attached to this announcement.
Following the above transactions STG owns a total of 5,512,329 treasury shares, corresponding to 5.65% 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
Attachments


Company Announcement no 24 2022


1 APR 2022 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP











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