Major Shareholder's Announcement
June 21 2017 - 7:30AM
COMPANY
ANNOUNCEMENT
No. 20/2017
Copenhagen, 21 June 2017
Major Shareholder's
Announcement
In accordance with Section 29 of the Danish
Securities Trading Act (værdipapirhandelsloven) Scandinavian
Tobacco Group A/S ("the Company") hereby reports that the Company
has been informed, that Skandinavisk Holding A/S - in connection
with a reduction of its share capital adopted on 23 May 2017 and
completed on 20 June 2017 - has distributed 21,495,440 shares in
the Company, each with nominal value of DKK 1 (total nominal value
DKK 21,495,440) to Chr. Augustinus Fabrikker Aktieselskab, and
11,574,467 shares in the Company, each with a nominal value of DKK
1 (total nominal value DKK 11,574,467) to C.W. Obel A/S. Thus,
Skandinavisk Holding A/S has distributed is total holding of shares
in the Company, i.e. 33,069,907 shares, each with a nominal value
of DKK 1 (total nominal value DKK 33,069,907).
Chr. Augustinus Fabrikker Aktieselskab now holds
directly 21,495,440 shares in the Company, each with a nominal
value of DKK 1 (total nominal value DKK 21,495,440), corresponding
to 21.5% of the total share capital and 21.5% of the voting
rights.
C.W. Obel A/S now holds directly 11,574,467 shares in the Company,
each with a nominal value of DKK 1 (total nominal value DKK
11,574,467), corresponding to 11.6% of the total share capital and
11.6% of the voting rights.
Chr. Augustinus Fabrikker Aktieselskab and C.W.
Obel A/S own 65% and 35%, respectively, of Skandinavisk Holding
A/S. Chr. Augustinus Fabrikker Aktieselskab is owned by The
Augustinus Foundation, which before as well as after the capital
reduction indirectly owns 21,495,440 shares in the Company, each
with a nominal value of DKK 1, corresponding to 21.5% of the total
share capital and 21.5% of the voting rights. C.W. Obel A/S is
owned by The Obel Family Foundation, which before as well as after
the merger indirectly owns 11,574,467 shares in the Company, each
with a nominal value of DKK 1, corresponding to 11.6% of the total
share capital and 11.6% 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 2016,
the Group employed 7,600 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.
Scandinavian Tobacco
Group A/S
Sydmarken 42
DK-2860 Søborg
Denmark
CVR 31
08 01 85
Scandinavian Tobacco Group, CAF and
CWO major sharehold, 21 June '17
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq 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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