COMPANY ANNOUNCEMENT
No. 7/2016

Copenhagen, 10 February 2016

Major Shareholder's Announcement


In accordance with Section 29 of the Danish Securities Trading Act (værdipapirhandelsloven), Scandinavian Tobacco Group A/S (the "Company") hereby announces the following notifications received.

On 10 February 2016 Skandinavisk Holding II A/S (the "Shareholder") has sold 17,800,000 shares each with a nominal value of DKK 1 (aggregate nominal value DKK 17,800,000) in the Company in connection with the initial public offering and admission to trading and official listing on Nasdaq Copenhagen A/S of shares in the Company.

The Shareholder now directly holds 33,200,000 shares each with a nominal value of DKK 1 (aggregate nominal value DKK 33,200,000) in the Company, corresponding to 33.2% of the total share capital and 33.2% of the total voting rights.

Chr. Augustinus Fabrikker Aktieselskab and C.W. Obel A/S respectively own 65% and 35% of Skandinavisk Holding II A/S through the wholly owned Skandinavisk Holding A/S. Chr. Augustinus Fabrikker Aktieselskab is owned by The Augustinus Foundation, which now indirectly holds 21,580,000 shares of the Company, each with a nominal value of DKK 1 corresponding to 21.58% of the total share capital and 21.58% of the total voting rights and C.W. Obel A/S is owned by The Obel Family Foundation, which now indirectly holds 11,620,000 shares in the Company, each with a nominal value of DKK 1 corresponding to 11.62% of the total share capital and 11.62% of the total voting rights.

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.

About Scandinavian Tobacco Group

Scandinavian Tobacco Group A/S with its subsidiaries (the "Group") is a world leading producer of cigars and traditional pipe tobacco. The Group also produces fine-cut tobacco and sells tobacco-related accessories. The Group produces and sells 3 billion cigars and 5,000 tonnes of pipe and fine-cut tobacco annually. Scandinavian Tobacco Group believes it is the only company globally with a core strategic focus on production and distribution in all of these tobacco categories.

Scandinavian Tobacco Group holds market-leading positions in the machine-made cigar market in Europe, the handmade cigar market in the US, the online and catalogue retail sales of cigars in the US, the traditional pipe tobacco market globally and in selected fine-cut tobacco markets.

Scandinavian Tobacco Group has a diversified portfolio of more than 200 brands providing a complementary range of established global brands and local champions.  In the cigar segment, the brand portfolio comprises Café Crème, La Paz, Macanudo, CAO, Partagas (US) and Cohiba (US). Pipe tobacco brands include Captain Black, Erinmore, Borkum Riff and W.Ø. Larsen, while leading fine-cut tobacco brands include Bugler, Break, Escort, Bali Shag and Tiedemanns.

As at 31 December 2015, the Group employed approx. 8,100 people in the Dominican Republic, Honduras, Nicaragua, Indonesia, Europe, New Zealand, Australia, Canada and the US.

For more information please visit www.st-group.com.

Press release (PDF)


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Scandinavian Tobacco Group A/S via Globenewswire
HUG#1984956
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