Scandinavian Tobacco Group A/S

Company Announcement No. 4/2021

Copenhagen, 25 January 2021

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 18 January to 22 January 2021:

	Number of shares	Average purchase price, DKK	Transaction value, DKK
Accumulated, last announcement	2,288,034		223,181,642
19 January 2021	22,000	112.56	2,476,278
19 January 2021	22,000	112.49	2,474,853
20 January 2021	21,130	112.74	2,382,131
21 January 2021	25,720	113.59	2,921,627
22 January 2021	13,810	113.81	1,571,676
Accumulated under the program	2,392,694		235,008,207

A detailed overview of transactions during the period 18 January – 22 January 2021 is attached to this announcement.

Following the above transactions STG owns a total of 2,669,202 treasury shares, corresponding to 2.67% of the total share capital.

For further information, please contact:
Investors: Torben Sand, Head of Investor Relations,
phone: +45 5084 7222 or torben.sand@st-group.com

Media: Simon Mehl Augustesen, Director of Group Communications,
phone: +1 484-379-8725 or simon.augustesen@st-group.com

Attachments

• Company Announcement no 4 2021
• 22 JAN 2021 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP

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