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

Written by Customer Service on . Posted in Public Companies.

 Company AnnouncementOn 28 August 2020, Scandinavian Tobacco Group A/S (“STG”) announced that a share buy-back programme of an aggregated price of up to DKK 300 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 26 February 2021.The following transactions have been executed from 7 September to 11 September 2020:  Number of shares Average purchase price, DKK Transaction value, DKKAccumulated, last announcement 112,803   11,316,831  7 September 2020 40,000 100.87 4,034,780  8 September 2020 27,677 99.16 2,744,421  9 September 2020 38,776  98.93 3,836,18310 September 2020 32,400  98.49 3,191,20211 September 2020 31,664 96.87 3,067,437Accumulated under the program 283,320   28,190,854A detailed overview of transactions during the period 7 September – 11 September 2020 is attached to this announcement.Following the above transactions STG owns a total of 559,828 treasury shares, corresponding to 0.56 % 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.comMedia: Simon Mehl Augustesen, Director of Group Communications, phone: +1 484-379-8725 or simon.augustesen@st-group.com
AttachmentCompany Announcement no 26 2020 SBB Transactions

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