Scandinavian Tobacco Group A/S: Transactions in connection with share buy-back programme
|Company Announcement |
Copenhagen, 19 October 2020
Transactions in connection with share buy-back programme
On 28 August 2020, Scandinavian Tobacco Group A/S (“STG”) announced that a share buy-back programme of an aggregated price of up to DKK 300 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 26 February 2021.
The following transactions have been executed from 12 October to 16 October 2020:
|Number of shares||Average purchase price, DKK||Transaction value, DKK|
|Accumulated, last announcement||671,177||64,547,959|
|12 October 2020||25,000||97.28||2,432,110|
|13 October 2020||26,918||97.01||2,611,420|
|14 October 2020||20,000||97.65||1,953,088|
|15 October 2020||24,165||95.07||2,297,441|
|16 October 2020||26,828||95.72||2,567,936|
|Accumulated under the program||794,088||76,409,955|
A detailed overview of transactions during the period 12 October – 16 October 2020 is attached to this announcement.
Following the above transactions STG owns a total of 1,070,596 treasury shares, corresponding to 1.07% of the total share capital.
For further information, please contact:
Investors: Torben Sand, Head of Investor Relations,
phone: +45 5084 7222 or email@example.com
Media: Simon Mehl Augustesen, Director of Group Communications,
phone: +1 484-379-8725 or firstname.lastname@example.org
AttachmentsTo view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire 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
Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire
Nokia opens new O-RAN Collaboration and Testing Center in the U.S.16.6.2021 09:00:00 CEST | Press release
Press Release Nokia opens new O-RAN Collaboration and Testing Center in the U.S. New center to support the development of O-RAN compliant solutions 16 June 2021 Espoo, Finland – Nokia today announced that it has opened its first Open RAN (O-RAN) Collaboration and Testing Center at its offices in Dallas, Texas. The center is designed to support the development of partnerships among O-RAN vendors that will help with the verification, introduction, and launch of O-RAN compliant solutions to market. In particular, vendors will be able to execute Interoperability Tests (IOT) and end-to-end testing for O-RU/O-DU Open Fronthaul as well as xAPP testing for Nokia’s near-real-time RAN Intelligent Controller (RIC). The project is the latest in Nokia’s continued commitment to O-RAN, vRAN, and Edge Cloud innovation. Nokia plans to open similar facilities at its other global offices around the world in the future. The Nokia O-RAN Collaboration and Testing Center provides a collaborative, open, and i
Nikkiso Cryogenic Services Announces Asas Aljood (Saudi Arabia) to Become the Authorized Service Provider16.6.2021 08:59:00 CEST | Press release
TEMECULA, Calif., June 16, 2021 (GLOBE NEWSWIRE) -- Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (“Group”), a subsidiary of Nikkiso Co., Ltd (Japan), is proud to announce they have signed an agreement for Asas Aljood to become the Authorized Service Provider for Nikkiso Cryogenic Services (NCS) in the Kingdom of Saudi Arabia. With the growth of the Middle East market, this agreement allows the Group to extend their regional presence for the industrial gases, hydrogen, natural gas processing and petrochemical industries. Beginning July 1, 2021, Asas Aljood will utilize their local workshops to offer aftermarket service and support for both pumps and turbo expanders including packaging, repairs, spare parts and field service. Based in Dammam, Asas Aljood will serve to strengthen our existing regional presence in addition to the Group’s Middle East operation in Sharjah (UAE). “The newly formed partnership with Nikkiso and Asas Aljood gives us strong regional presenc
JSC Olainfarm & Adalvo to launch a new urology product in 17 countries in 2022-202316.6.2021 08:05:00 CEST | Press release
Following the five-year strategy and developing one of the main therapeutic areas, JSC Olainfarm and Adalvo have signed a licensing and supply agreement to launch a new product in the urology segment which is targeted to be the 1st to market opportunity in all of these markets. The prescription product will help millions of patients in 17 different countries to regain ease and quality of life. In partnership Olainfarm will manage product regulatory affairs, distribution and promotion in Latvia, Russia, Kazakhstan, Belarus, Ukraine, and other countries of current presence and Adalvo will be responsible for development, manufacturing and will support Olainfarm for its market access activities in all the markets. Currently, Olainfarm has established a sustainable business model in the EU and CIS countries with more than 300 medical and marketing professionals. Full commercialization of this prescription product is expected to be in 2022-2023. “We are very pleased to be in this partnership
Brains Bioceutical Corp. completes a USD $31.9 Million Capital Raise with Lead Investor DSM Venturing16.6.2021 08:00:00 CEST | Press release
VANCOUVER, British Columbia, June 16, 2021 (GLOBE NEWSWIRE) -- Brains Bioceutical Corp. (“Brains” or the “Company”) is pleased to announce the completion of a USD $31.9 million capital raise with DSM Venturing and existing Brains shareholders. DSM Venturing, who acted as lead investor in this round, is the corporate venture arm of Royal DSM (“DSM”), a global, purpose led science-based company active in health, nutrition and sustainable living. This landmark investment and strategic transaction solidifies Brains’ position as one of the leading pharmaceutical companies in the cannabinoid (CBD) sector. Del Morgan & Co. acted as Brains’ financial agent in respect to the capital raise. “The completion of the capital raise marks an exciting milestone for the Brains’ team. To have the confidence of DSM in this next round solidifies Brains strategic position within the pharmaceutical industry,” said Brains' CEO & Chairman Rick Brar. “The growing demand for isolated CBD Active Pharmaceutical In
ForFarmers N.V.: Adrie van der Ven to leave ForFarmers16.6.2021 06:55:00 CEST | Press release
Lochem, 16 June 2021 Adrie van der Ven to leave ForFarmers Adrie van der Ven will leave ForFarmers as of 1 January 2022. This has been decided in mutual understanding. Van der Ven will remain COO and member of the Executive Board until 1 October 2021 and will subsequently stay on as advisor until the end of the year. This will allow a smooth transition of his tasks and responsibilities in the coming period. Yoram Knoop, CEO of ForFarmers: “Adrie joined the Executive Board in 2019. He has made a significant contribution to the realisation of the strategy Build to Grow 2025, for which I am grateful to him. In addition, the important step to the growth market Poland was made under his leadership. On behalf of myself and my colleagues I want to wish him the best for the future.” The Executive Board, in consultation with the Supervisory Board, will announce how the succession of Adrie van der Ven will be dealt with later. This press release contains information that qualifies as inside info
LeddarTech Congratulates the MILLA Group’s Debut of Their Autonomous POD Equipped With the Leddar Pixell at Two Major June Events, Including the French Grand Prix 2021 F1 Race16.6.2021 06:12:00 CEST | Press release
QUEBEC CITY, June 16, 2021 (GLOBE NEWSWIRE) -- LeddarTech®, a global leader in Level 1-5 ADAS and AD sensing technology, is pleased to announce that its customer, France-based MILLA Group, has selected LeddarTech sensing solutions as a critical contributor to the autonomous enablement of the MILLA POD. MILLA has adopted LeddarTech’s award-winning 3D solid-state LiDAR, Leddar™ Pixell, for its 180-degree field of view and highly reliable object detection capabilities. The MILLA Group, located in France, develops and markets an autonomous electric shuttle. MILLA is a leader in mobility and an essential resource for all public and private organizations wishing to implement an adapted, efficient, and sustainable mobility solution. MILLA will feature their fully autonomous electric POD vehicles, equipped with the Leddar Pixell, at two major June events in France. June 16-19 VIVA Technology Conference in Paris, France MILLA will showcase its fully autonomous POD shuttle at the world-renowned
NEP Joins Host City Americas as Event Delivery Partner15.6.2021 23:15:39 CEST | Press release
PITTSBURGH, Pa. (USA), June 15, 2021 (GLOBE NEWSWIRE) -- NEP Group, the world’s leading technical production partner for premier content producers of live sports and entertainment, is proud to support the Host City Americas Digital Conference, June 29th through 30th. This event will welcome 1000+ participants including, IOC Members, Sports Ministers, Mayors, International Federations and Organizing Committee leaders to showcase the opportunities ahead as we emerge from the pandemic to a landscape defined by digitalization and private investment. As official Event Delivery Partner, NEP’s robust live virtual event and online conferencing platform, developed by the Creative Technology division of NEP, will power the event, providing two days of insightful sessions on the main stage, plus opportunities for delegates to ask questions and chat about main stage content. Networking opportunities will also be available for delegates to meet with each other throughout the event. NEP CEO Brian Su