Scandinavian Tobacco Group A/S: Correction to company announcement no 16
Copenhagen, 19 May 2017
Correction to Company Announcement no. 16: Reporting of Transactions by Person Discharging Managerial Responsibilities
With reference to Article 19 of Regulation No. 596/2014 on Market Abuse the company hereby reports the following transactions:
Information on the person discharging managerial responsibilities/person closely associated
Sisse Fjelsted Rasmussen
Reason for the notification
CFO and member of the Executive Management
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Scandinavian Tobacco Group A/S
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
Description of the financial instrument, type of instrument
DK0060696300 - STG
Nature of the transaction
Acquisition of shares (in company announcement 16/2017 wrongly described differently)
Price(s) and volume(s)
| DKK 98,959
| 938 shares
- Aggregated volume
Aggregated volume: 1,422 shares
Aggregated price: DKK 148,811
Date of the transaction
Place of the transaction
For further information, please contact:
For media enquiries:
Kaspar Bach Habersaat, Director of Group Communications, phone: +45 7220 7152
or [email protected].
For investor enquiries:
Torben Sand, Head of Investor Relations, phone: +45 7220 7126 or [email protected].
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
CVR 31 08 01 85
Company Announcement 16a-2017- Correction 19.5.2017
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Scandinavian Tobacco Group A/S via Globenewswire