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Thursday, 18 May 2017

Scandinavian Tobacco Group A/S: Reporting of Transactions by Persons Discharging Managerial Responsibilities

Scandinavian Tobacco Group A/S    

Published: 17:10 CEST 18-05-2017 /GlobeNewswire /Source: Scandinavian Tobacco Group A/S / : STG /ISIN: DK0060696300

Scandinavian Tobacco Group A/S: Reporting of Transactions by Persons Discharging Managerial Responsibilities

COMPANY ANNOUNCEMENT

No. 16/2017

 

 

                                                                                                                           Copenhagen, 18 May 2017



Reporting of Transactions by Persons Discharging Managerial Responsibilities

 

With reference to Article 19 of Regulation No. 596/2014 on Market Abuse the company hereby reports the following transactions:

 

1.

Information on the person discharging managerial responsibilities/person closely associated

a)

Name

 Niels Frederiksen

2.

Reason for the notification

a)

Position/title

CEO and member of the Executive Management

b)

Initial notification/amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Scandinavian Tobacco Group A/S

b)

LEI code

5299003KG4JS99TRML67

 

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

Shares

 

 

 

DK0060696300 - STG

b)

Nature of the transaction

Acquisition of shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

DKK 1,059,800

10,000 shares

d)

Aggregated information

 -  Aggregated volume

 -  Price

N/A

 

e)

Date of the transaction

2017-05-18

f)

Place of the transaction

Nasdaq Copenhagen




1.

Information on the person discharging managerial responsibilities/person closely associated

a)

Name

 Sisse Fjelsted Rasmussen

2.

Reason for the notification

a)

Position/title

CFO and member of the Executive Management

b)

Initial notification/amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Scandinavian Tobacco Group A/S

b)

LEI code

5299003KG4JS99TRML67

 

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

Shares

 

 

 

DK0060696300 - STG

b)

Nature of the transaction

Grant of shares due to vesting of performance share units granted under transition share programme based on KPIs related to the 2016 financial year.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

DKK 98,959

DKK 49,852

938 shares

484 shares

d)

Aggregated information

 -  Aggregated volume

 -  Price

Aggregated volume: 1,422 shares

 

Aggregated price: DKK 148,811

e)

Date of the transaction

2017-05-18

f)

Place of the transaction

Nasdaq Copenhagen



For further information, please contact:

For media enquiries:

Kaspar Bach Habersaat, Director of Group Communications, phone: +45 7220 7152
or kaspar.bach@st-group.com.

 

For investor enquiries:

Torben Sand, Head of Investor Relations, phone: +45 7220 7126 or torben.sand@st-group.com.

 

 

 

About Scandinavian Tobacco Group

 

Scandinavian Tobacco Group A/S with its subsidiaries (the "Group") is a world leading producer of cigars and traditional pipe tobacco. The Group also produces fine-cut tobacco and sells tobacco-related accessories. The Group produces and sells 3 billion cigars and 5,000 tonnes of pipe and fine-cut tobacco annually. Scandinavian Tobacco Group believes it is the only company globally with a core strategic focus on production and distribution in all of these tobacco categories.

 

Scandinavian Tobacco Group holds market-leading positions in the machine-made cigar market in Europe, the handmade cigar market in the US, the online and catalogue retail sales of cigars in the US, the traditional pipe tobacco market globally and in selected fine-cut tobacco markets.

 

Scandinavian Tobacco Group has a diversified portfolio of more than 200 brands providing a complementary range of established global brands and local champions. In the cigar segment, the brand portfolio comprises Café Crème, La Paz, Macanudo, CAO, Partagas (US) and Cohiba (US). Pipe tobacco brands include Captain Black, Erinmore, Borkum Riff and W.Ø. Larsen, while leading fine-cut tobacco brands include Bugler, Break, Escort, Bali Shag and Tiedemanns.

 

As at 31 December 2016, the Group employed 7,600 people in the Dominican Republic, Honduras, Nicaragua, Indonesia, Europe, New Zealand, Australia, Canada and the US.

 

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

 

Scandinavian Tobacco Group A/S

Sydmarken 42

DK-2860 Søborg

Denmark

 

CVR 31 08 01 85



 



STG Company release 16 2017



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Scandinavian Tobacco Group A/S, Sydmarken 42, Søborg DK-2860, Denmark
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