Scandinavian Tobacco Group A/S: Transactions in connection

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News Desk 2018
Scandinavian Tobacco Group A/S: Transactions in connection with share buy-back programme

COMPANY ANNOUNCEMENT No. 37/2016

                                                                                                                           Copenhagen, 15 August 2016

Transactions in Connection with Share Buy-back Programme On 30 May 2016 Scandinavian Tobacco Group A/S ("STG") announced that a share share buy-back programme of up to 412,462 shares and a maximum consideration of DKK 55m was launched with the purpose of hedging obligations arising from STG's share based incentive schemes.

The buy-back programme is executed in accordance with Commission Regulation (EC) no 2273/2003 of 22 December 2003 and from 3 July 2016 in accordance with Article 5 of Regulation (EU) no 596/2014 of 16 April 2014 (the so-called Safe Harbour method). The share buy-back programme will end no later than 30 September 2016. The following transactions have been executed in the period 8 - 12 August 2016:

  Number of shares Average purchase price, DKK Transaction value, DKK
 8 August 2016 6,463 119.15 770,094
 9 August 2016 2,037 118.63 241,651
10 August 2016 3,500 117.23 410,300
11 August 2016 3,084 115.02 354,735
12 August 2016 890 115.48 102,778
Accumulated for the period   15,974   117.66   1,879,557
Accumulated under the programme 352,638 110.00 38,790,794

A detailed overview of transactions during the period 8 - 12 August 2016 is attached to this announcement.

Following the above transactions STG owns a total of 352,638 treasury shares, corresponding to 0.353 % of the total share capital.

For further information, please contact:

For media enquiries: Kaspar Bach Habersaat, Director of Group Communications, phone: +45 7220 7152 or kaspar.bach@st-group.com.

For investor enquiries:

Torben Sand, Head of Investor Relations, phone: +45 7220 7126 or torben.sand@st-group.com.

HUG#2035237

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