Scandinavian Tobacco Group A/S: Transactions in connection with share buy-back programme
November 20 2023 - 6:15AM
Scandinavian Tobacco Group A/S: Transactions in connection with
share buy-back programme
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 shares |
Average purchase price, DKK |
Transaction value, DKK |
Accumulated, last announcement |
0 |
0 |
0 |
13-Nov-23 |
9,871 |
112.82 |
1,113,653 |
14-Nov-23 |
15,000 |
114.14 |
1,712,026 |
15-Nov-23 |
15,000 |
114.84 |
1,722,652 |
16-Nov-23 |
7,000 |
113.03 |
791,214 |
17-Nov-23 |
4,003 |
114.97 |
460,242 |
Total, 13 November – 17 November 2023 |
50,874 |
114.00 |
5,799,787 |
Bought from CAF, 17 November 2023* |
23,105 |
114.00 |
2,634,039 |
Bought from CWO, 17 November 2023* |
10,655 |
114.00 |
1,214,702 |
Accumulated under the programme |
84,634 |
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
- Company Announcement no 32 2023
- PDMR notification CWO 20 Nov 2023
- PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP
- PDMR notification CAF 20 Nov 2023
Scandinavian Tobacco Gro... (TG:8ZI)
Historical Stock Chart
From May 2024 to Jun 2024
Scandinavian Tobacco Gro... (TG:8ZI)
Historical Stock Chart
From Jun 2023 to Jun 2024