Scandinavian Tobacco Group A/S: Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities

            Copenhagen, 17 May 2023

Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities

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
Performance share units

DK0060696300 – STG
b)
Nature of the transaction

Received performance share units (PSUs) under the Long-term Incentive Programme, which are conditional upon fulfilment of certain performance indicators in the financial years 2023-2025, as well as dividend PSUs related to these PSUs and to PSUs previously granted under the Long-term Incentive Programme
c)
Price(s) and volume(s)

d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2023-05-17
f)
Place of the transaction
Outside a trading venue

1.
Information on the person discharging managerial responsibilities/person closely associated
a)
Name
Marianne Rørslev Bock
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
Performance share units

DK0060696300 – STG
b)
Nature of the transaction

Received performance share units (PSUs) under the Long-term Incentive Programme, which are conditional upon fulfilment of certain performance indicators in the financial years 2023-2025, as well as dividend PSUs related to these PSUs and to PSUs previously granted under the Long-term Incentive Programme
c)
Price(s) and volume(s)

d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2023-05-17
f)
Place of the transaction
Outside a trading venue

For further information, please contact:
Torben Sand, Head of IR & Communication, phone +45 5084 7222 or [email protected]
Eliza Michael, IR and Communication, phone +45 5080 7619 or [email protected]

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

Attachment

• Scandinavian Tobacco Group, Grant of PSUs 17 May 2023