Scandinavian Tobacco Group A/S

Transactions in connection with share buy-back programme

Company Announcement No. 33/2020

Copenhagen, 19 October 2020

Transactions in connection with share buy-back programme

On 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 12 October to 16 October 2020:

	Number of shares	Average purchase price, DKK	Transaction value, DKK
Accumulated, last announcement	671,177		64,547,959
12 October 2020	25,000	97.28	2,432,110
13 October 2020	26,918	97.01	2,611,420
14 October 2020	20,000	97.65	1,953,088
15 October 2020	24,165	95.07	2,297,441
16 October 2020	26,828	95.72	2,567,936
Accumulated under the program	794,088		76,409,955

A detailed overview of transactions during the period 12 October – 16 October 2020 is attached to this announcement.

Following the above transactions STG owns a total of 1,070,596 treasury shares, corresponding to 1.07% 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

• Company Announcement no 33 2020
• 19 OCT 2020 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP