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| Company announcement No. 28/2021 |
Copenhagen, May 25, 2021
Transactions related to the share buyback program
On March 10, 2021, Scandinavian Tobacco Group A / S (“STGâ€) announced that a share buyback program with an aggregate price of DKK 600 million had been launched with the aim of adjusting the capital structure of the company and to comply with the obligations relating to the Group’s share-based incentive program.
The buyback program is executed in accordance with Regulation No 596/2014 of the European Parliament and of the Council of April 16, 2014 (the “Market Abuse Regulationâ€) and Commission Delegated Regulation (EU) 2016/1052, also called the Safe Harbor Rules. The share buyback program will end no later than February 28, 2022.
The following transactions were executed from May 17 to May 21, 2021:
| Number of shares | Average purchase price, DKK | Transaction value, DKK | |
| Accumulated, last announcement | 961 419 | 117 449 744 | |
| May 17, 2021 | 20,000 | 133.34 | 2,666,796 |
| May 18, 2021 | 20,000 | 134.79 | 2,695,700 |
| May 19, 2021 | 20,000 | 133.57 | 2,671,306 |
| May 20, 2021 | 20,000 | 133.01 | 2,660,290 |
| May 21, 2021 | 20,000 | 133.50 | 2,669,992 |
| Accumulated as part of the program | 1,061,419 | 130 813 828 |
A detailed overview of transactions during the period May 17 to May 21, 2021 is attached to this announcement.
Following the above transactions, STG holds a total of 1,638,991 treasury shares, corresponding to 1.68% of the total share capital.
For more information, please contact:
Investors: Torben Sand, Head of Investor Relations,
phone: +45 5084 7222 or [email protected]
Media: Simon Mehl Augustesen, group communications director,
phone: + 1484-379-8725 or simon.august[email protected]
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Company Announcement # 28 2021
