Scandinavian Tobacco Group A/S

Transactions in connection with share buy-back programme

Company Announcement No. 36/2020

Copenhagen, 2 November 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 26 October to 30 October 2020:

	Number of shares	Average purchase price, DKK	Transaction value, DKK
Accumulated, last announcement	909,085		87,092,195
26 October 2020	30,053	90.75	2,727,208
27 October 2020	20,314	89.76	1,823,476
28 October 2020	30,427	86.98	2,646,397
29 October 2020	16,470	87.82	1,446,348
30 October 2020	22,850	89.34	2,041,389
Accumulated under the program	1,029,199		97,777,013

A detailed overview of transactions during the period 26 October – 30 October 2020 is attached to this announcement.

Following the above transactions STG owns a total of 1,305,707 treasury shares, corresponding to 1.31% 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 36 2020
• 30 OCT 2020 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP