GlobeNewswire by notified

Scandinavian Tobacco Group A/S: Transactions in connection with share buy-back programme

Share
Company Announcement
No. 32/2023

Copenhagen, 20 November 2023


Transactions in connection with share buy-back programme

On 10 November 2023, Scandinavian Tobacco Group A/S announced that a share buy-back programme of an aggregated value of up to DKK 850 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.

Part of the programme will be conducted in accordance with Regulation No. 596/2014 of the Euro-pean 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. Another part of the share buy-back programme is conducted as a directed buy-back from Chr. Augustinus Fabrikker Aktieselskab and C.W. Obel A/S as further described in company announcement no. 30/2023. The share buy-back programme will end no later than 28 February 2025.

The following transactions have been executed from 13 November to 17 November 2023:

Number of sharesAverage
purchase price, DKK
Transaction value, DKK
Accumulated, last announcement00
13-Nov-239,871 112.821,113,653
14-Nov-2315,000 114.14            1,712,026
15-Nov-2315,000 114.84          1,722,652
16-Nov-237,000 113.03791,214
17-Nov-234,003 114.97460,242
Total, 13 November – 17 November 202350,874 114.00 5,799,787
Bought from CAF, 17 November 2023*23,105114.002,634,039
Bought from CWO, 17 November 2023*10,655114.001,214,702
Accumulated under the programme84,634 114.00 9,648,527

*According to separate agreements as from 10 November 2023 Chr. Augustinus Fabrikker Aktieselskab (CAF) participates on a 27.30% pro-rata basis and C.W.Obel A/S (CWO) participates on a 12.59% pro-rata basis to the shares purchased in the share buy-back programme.

A detailed overview of transactions during the period 13 November – 17 November 2023 is attached to this announcement.

Following the above transactions Scandinavian Tobacco Group A/S owns a total of 466,383 treasury shares, corresponding to 0.54% of the total share capital.

For further information, please contact:
Torben Sand, Head of IR & Communication, phone +45 5084 7222 or torben.sand@st-group.com
Eliza Dabbagh, IR and Communication, phone +45 5080 7619 or eliza.michael@st-group.com

About Scandinavian Tobacco Group

Scandinavian Tobacco Group A/S is a world-leading manufacturer of handmade and machine-rolled cigars with an annual production of more than four billion cigars. The Group holds market-leading positions in several categories and its products are sold in more than 100 markets.

Scandinavian Tobacco Group has its headquarters in Copenhagen, Denmark – and employs approximately 10,000 people in Europe, the US, Canada, the Dominican Republic, Honduras, Nicaragua, Indonesia and Sri Lanka.

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

Attachments

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Former Prime Ministers Call For Cultural And Creative Industries To Unleash Their Power To Transform Societies On Opening Day Of The Sixth Edition Of Culture Summit Abu Dhabi, Held Under The Theme ‘A Matter Of Time’4.3.2024 13:16:13 CET | Press release

Jigmi Thinley, prime minister of Bhutan, at the ‘Sustainability and Decision Making’ session, Culture Summit 2024. Courtesy DCT Abu Dhabi. ABU DHABI, United Arab Emirates, March 04, 2024 (GLOBE NEWSWIRE) -- The sixth edition of Culture Summit Abu Dhabi opened yesterday in the UAE capital, gathering over 200 speakers and 1,150 participants from 90 countries to identify ways in which culture can transform societies and communities worldwide. “Our ambition at Culture Summit Abu Dhabi is to identify ways in which culture can transform societies and communities worldwide and turn that into actions and solutions,” – said His Excellency Mohamed Khalifa Al Mubarak, Chairman of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), in his welcome remarks. As part of the unravelling of the intricate relationship between culture and time, former prime ministers from Mali, Canada, Greece, and Bhutan urged leaders and practitioners from the creative and cultural industries to unleash th

Şişecam Will Invest 114 Million Dollars in Three New Coated Glass Lines4.3.2024 13:06:56 CET | Press release

Şişecam plans to invest 114 million dollars in three new coated glass lines. These cutting-edge lines, boasting a collective capacity of nearly 20 million square meters, will be located in Turkey, Italy and Bulgaria ISTANBUL, Turkey, March 04, 2024 (GLOBE NEWSWIRE) -- Şişecam, a global player in the fields of glass and chemicals, has announced its decision to invest 114 million dollars in three new coated glass lines. These cutting-edge lines with a total capacity of almost 20 million square meters will be located in Turkey, Italy, and Bulgaria. Through these investments, Şişecam seeks to address the rising demand for coated glass within the flat glass sector. The Company aims to bolster its competitiveness by enhancing operational efficiency and diversifying its product range. Additionally, Şişecam aims to elevate the proportion of value-added products in its total production. As part of the investments planned to commence operations in 2025, Şişecam will invest in a coated glass line

Orion Corporation: Managers’ transactions – Niclas Lindstedt4.3.2024 12:00:00 CET | Press release

ORION CORPORATION MANAGERS’ TRANSACTIONS 4 MARCH 2024 at 13.00 EET Orion Corporation: Managers’ transactions – Niclas Lindstedt Orion Corporation has received the following disclosure under Market Abuse Regulation (EU) No 596/2014, regarding transactions with shares and linked securities in Orion Corporation made by managers and their closely associated persons. Orion Oyj - Managers' Transactions ____________________________________________ Person subject to the notification requirement Name: Niclas Lindstedt Position: Other senior manager Issuer: Orion Oyj LEI: 74370029VAHCXDR7B745 Notification type: INITIAL NOTIFICATION Reference number: 54277/5/4 ____________________________________________ Transaction date: 2024-03-01 Outside a trading venue Instrument type: SHARE ISIN: FI0009014377 Nature of transaction: RECEIPT OF A SHARE-BASED INCENTIVE Transaction details (1): Volume: 3762 Unit price: 0 EUR Aggregated transactions (1): Volume: 3762 Volume weighted average price: 0 EUR Orion Cor

Vaisala Corporation: Managers’ Transactions – Vainio, Katriina4.3.2024 12:00:00 CET | Press release

Vaisala Corporation Managers’ Transactions March 4, 2024, at 1:00 p.m. (EET) Vaisala Corporation: Managers’ Transactions – Vainio, Katriina ____________________________________________ Person subject to the notification requirement Name: Vainio, Katriina Position: Other senior manager Issuer: Vaisala Oyj LEI: 743700RNDD7KU11HW873 Notification type: INITIAL NOTIFICATION Reference number: 743700RNDD7KU11HW873_20240304091358_42 ____________________________________________ Transaction date: 2024-03-01 Venue not applicable Instrument type: SHARE ISIN: FI0009900682 Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE Transaction details (1): Volume: 1629 Unit price: 0.00 EUR Aggregated transactions (1): Volume: 1629 Volume weighted average price: 0.00 EUR More information Paula Liimatta +358 9 8949 2020, ir@vaisala.com Distribution Nasdaq Helsinki Key media vaisala.com Vaisala is a global leader in measurement instruments and intelligence for climate action. We equip our customers w

Vaisala Corporation: Managers’ Transactions – Leskinen, Timo4.3.2024 12:00:00 CET | Press release

Vaisala Corporation Managers’ Transactions March 4, 2024, at 1:00 p.m. (EET) Vaisala Corporation: Managers’ Transactions – Leskinen, Timo ____________________________________________ Person subject to the notification requirement Name: Leskinen, Timo Position: Other senior manager Issuer: Vaisala Oyj LEI: 743700RNDD7KU11HW873 Notification type: INITIAL NOTIFICATION Reference number: 743700RNDD7KU11HW873_20240304091358_39 ____________________________________________ Transaction date: 2024-03-01 Venue not applicable Instrument type: SHARE ISIN: FI0009900682 Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE Transaction details (1): Volume: 2073 Unit price: 0.00 EUR Aggregated transactions (1): Volume: 2073 Volume weighted average price: 0.00 EUR More information Paula Liimatta +358 9 8949 2020, ir@vaisala.com Distribution Nasdaq Helsinki Key media vaisala.com Vaisala is a global leader in measurement instruments and intelligence for climate action. We equip our customers with

HiddenA line styled icon from Orion Icon Library.Eye