COMPANY ANNOUNCEMENT
No. 8/2016

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 Swedish Match Cigars Holding AB (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 31,200,000 shares each with a nominal value of DKK 1 (aggregate nominal value DKK 31,200,000) in the Company, corresponding to 31.2% of the total share capital and 31.2% of the total voting rights.

Swedish Match Cigars Holding AB is a wholly owned subsidiary of Swedish Match AB, which is a publicly owned company incorporated under the laws of Sweden and listed on Nasdaq Stockholm, with company registration number 556367-1253. Swedish Match AB now indirectly holds 31,200,000 shares of the Company, each with a nominal value of DKK 1, corresponding to 31.2% of the total share capital and 31.2% of the 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
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