Scandinavian Tobacco Group A/S

06/20/2022 | Press release | Distributed by Public on 06/20/2022 00:35

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

English
Published: 2022-06-20 08:15:00 CEST

Scandinavian Tobacco Group A/S
Changes in company's own shares

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

Company Announcement
No. 42/2022

Copenhagen, 20 June 2022

Transactions in connection with share buy-back programme

On 19 May 2022, Scandinavian Tobacco Group A/S announced that the share buy-back programme that was initiated 9 March 2022 was increased to an aggregated value of up to DKK 1,000 million. The purpose of the programme is to adjust the Company's capital structure and meet obligations relating to the Group's share-based incentive programme.

Part of 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. Another part of the share buy-back programme is conducted as a directed buy-back from Chr. Augustinus Fabrikker Aktieselskab and C.W. Obel A/S as further described in company announcement no. 35/2022. The share buy-back programme will end no later than 28 February 2023.

The following transactions have been executed from 13 June to 17 June 2022:

Number of shares Average
purchase price, DKK
Transaction value, DKK
Accumulated, last announcement 1,270,705 184,510,811
13 June 2022 14,693 140.79 2,068,610
14 June 2022 23,000 142.06 3,267,302
15 June 2022 16,040 143.23 2,297,379
16 June 2022 20,000 140.92 2,818,352
17 June 2022 9,616 140.04 1,346,628
Total, 13 June-17 June 2022 83,349 141.55 11,798,271
Bought from CAF, 17 June 2022* 37,197 141.55 5,265,333
Bought from CWO, 17 June 2022* 17,220 141.55 2,437,536
Accumulated under the programme 1,408,471 204,011,951

*According to separate agreements as from 20 May 2022 Chr. Augustinus Fabrikker Aktieselskab (CAF) participates on a 27.0% pro-rata basis and C.W.Obel A/S (CWO) participates on a 12.5% pro-rata basis to the shares purchased in the share buy-back programme.

A detailed overview of transactions during the period 13 June-17 June 2022 is attached to this announcement.

Following the above transactions Scandinavian Tobacco Group A/S owns a total of 1,854,533 treasury shares, corresponding to 1.99% of the total share capital.

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

Attachments


Attachments:
PDMR notification CWO 20 JUN 2022.pdf
17 JUN 2022 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP 003.pdf
PDMR notification CAF 20 JUN 2022.pdf
Company Announcement no 42 2022.pdf

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