Scandinavian Tobacco Group A/S: Transactions in connection with share buy-back programme
May 10 2021 - 4:10AM
Scandinavian Tobacco Group A/S: Transactions in connection with
share buy-back programme
| Company
Announcement No. 24/2021 |
Copenhagen, 10 May 2021
Transactions in connection with share buy-back
programme
On 10 March 2021, Scandinavian Tobacco Group A/S (“STG”)
announced that a share buy-back programme of an aggregated price of
up to DKK 600 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 28
February 2022.
The following transactions have been executed from 3 May to 7
May 2021:
|
|
Number of shares |
Average purchase price, DKK |
Transaction value, DKK |
|
Accumulated, last announcement |
801,829 |
|
97,214,954 |
|
3 May 2021 |
20,000 |
112.29 |
2,245,878 |
|
4 May 2021 |
20,000 |
112.88 |
2,257,634 |
|
5 May 2021 |
24,790 |
115.10 |
2,853,344 |
|
6 May 2021 |
15,000 |
127.00 |
1,905,006 |
|
7 May 2021 |
20,000 |
138.33 |
2,766,534 |
|
Accumulated under the program |
901,619 |
|
109,243,350 |
A detailed overview of transactions during the period 3 May – 7
May 2021 is attached to this announcement.
Following the above transactions STG owns a total of 4,135,867
treasury shares, corresponding to 4.14% 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
- Company Announcement no 24 2021
- 7 MAY 2021 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP