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

                                                                                  Copenhagen, 17 March 2020
Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities1.
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
Shares
DK0060696300 – STG
b)
Nature of the transaction
Grant of shares due to vesting of performance share units granted under Long-term Incentive Programme based on KPIs related to the 2017-2019 performance period.
c)
Price(s) and volume(s)

d)
Aggregated information
 –  Aggregated volume
 –  Price
 N/A
e)
Date of the transaction
2020-03-17
f)
Place of the transaction
Outside a trading venue
1.
Information on the person discharging managerial responsibilities/person closely associated
a)
Name
 Craig Reynolds
2.
Reason for the notification
a)
Position/title
Executive Vice President
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
Shares
DK0060696300 – STG
b)
Nature of the transaction
Grant of shares due to vesting of performance share units granted under Long-term Incentive Programme based on KPIs related to the 2017-2019 performance period. Settled 100% in cash.
c)
Price(s) and volume(s)

d)
Aggregated information
 –  Aggregated volume
 –  Price
 N/A
e)
Date of the transaction
2020-03-17
f)
Place of the transaction
Outside a trading venue
1.
Information on the person discharging managerial responsibilities/person closely associated
a)
Name
Vincent Crepy
2.
Reason for the notification
a)
Position/title
Executive Vice President and member of the Executive Board
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
Shares
DK0060696300 – STG
b)
Nature of the transaction
Grant of shares due to vesting of performance share units granted under the Long-term Incentive Programme based on KPIs related to the 2017-2019 performance period. Settled 100% in cash.
c)
Price(s) and volume(s)

d)
Aggregated information
 –  Aggregated volume
 –  Price
 N/A
e)
Date of the transaction
2020-03-17
f)
Place of the transaction
Outside a trading venue
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
                                                        About Scandinavian Tobacco GroupAttachmentScandinavian Tobacco Group, Allocation of Shares under LTIP, 17 March 2020

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