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

Company Announcement No. 21/2021

Copenhagen, 26 April 2021

Transactions in connection with share buy-back programme

On 10 March 2021, Scandinavian Tobacco Group A/S (“STG”) announced that a share buy-back programme of an aggregated price of up to DKK 600 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 2022.

The following transactions have been executed from 19 April to 23 April 2021:

	Number of shares	Average purchase price, DKK	Transaction value, DKK
Accumulated, last announcement	558,158		68,795,803
19 April 2021	25,000	121.16	3,029,113
20 April 2021	30,000	117.34	3,520,284
21 April 2021	27,500	116.24	3,196,732
22 April 2021	25,000	117.24	2,931,065
23 April 2021	38,000	116.47	4,425,944
Accumulated under the program	703,657		85,898,940

A detailed overview of transactions during the period 19 April – 23 April 2021 is attached to this announcement.

Following the above transactions STG owns a total of 3,937,905 treasury shares, corresponding to 3.94% of the total share capital.

For further information, please contact:
Investors: Torben Sand, Head of Investor Relations,
phone: [phone] or [e-mail]

Media: Simon Mehl Augustesen, Director of Group Communications,
phone: [phone] or [e-mail]

Attachments

• 23 APR 2021 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP
• Company Announcement no 21 2021

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