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.
STG Appendix to Company Announcement 37
Company Announcement 37-2016 - Transactions under buy-back programme


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#2035237
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