GlobeNewswire
Scandinavian Tobacco Group A/S: Transactions in connection with share buy-back programme
Company Announcement No. 40/2020 Copenhagen, 16 November 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 9 November to 13 November 2020: Number of sharesAverage purchase price, DKKTransaction value, DKK Accumulated, last announcement1,178,178 111,672,435 9 November 202024,68993.392,305,674 10 November 202025,25891.092,300,787 11 November 202015,51091.341,416,722 12 November 202031,16191.282,844,389 13 November 202010,00091.81918,090 Accumulated under the program1,284,796 121,458,096 A detailed overview of transactions during the period 9 November – 13 November 2020 is attached to this announcement.Following the above transactions STG owns a total of 1,561,304 treasury shares, corresponding to 1.56% 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.comMedia: Simon Mehl Augustesen, Director of Group Communications, phone: +1 484-379-8725 or simon.augustesen@st-group.comAttachments * Company Announcement no 40 2020 * 13 NOV 2020 PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP
https://news.google.com/__i/rss/rd/articles/CBMiSmh0dHBzOi8vY2EuZmluYW5jZS55YWhvby5jb20vbmV3cy95ZW4tc2xpcHMtYXNpYS1zdG9ja3Mtc2V0LTIxMDA0NzQ0Ny5odG1s0gFSaHR0cHM6Ly9jYS5maW5hbmNlLnlhaG9vLmNvbS9hbXBodG1sL25ld3MveWVuLXNsaXBzLWFzaWEtc3RvY2tzLXNldC0yMTAwNDc0NDcuaHRtbA?oc=5
2020-11-16 08:15:00Z
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