Scandinavian Tobacco Group A/S

Transactions in connection with share buy-back programme

Company Announcement No. 42/2020

Copenhagen, 30 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 23 November to 27 November 2020:

	Number of shares	Average purchase price, DKK	Transaction value, DKK
Accumulated, last announcement	1,432,872		135,590,455
23 November 2020	25,000	95.13	2,378,368
24 November 2020	25,000	94.23	2,355,780
25 November 2020	23,116	94.77	2,190,609
26 November 2020	25,000	94.58	2,364,525
27 November 2020	25,000	95.10	2,377,518
Accumulated under the program	1,555,988		147,257,254

A detailed overview of transactions during the period 23 November – 27 November 2020 is attached to this announcement.

Following the above transactions STG owns a total of 1,832,496 treasury shares, corresponding to 1.83% 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 42 2020
• 27 NOV 2020 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP