Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities
| Company Announcement No. 16/2023 |
Copenhagen, 21 March 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
Shares
DK0060696300 – STG
b)
Nature of the transaction
Grant of shares due to vesting of performance share units granted under Long-term Incentive Programme based on KPIs related to the 2020-2022 performance period.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| DKK 0 | 63,729 shares |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2023-03-21
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
Shares
DK0060696300 – STG
b)
Nature of the transaction
Grant of shares due to vesting of performance share units granted under Long-term Incentive Programme based on KPIs related to the 2020-2022 performance period.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| DKK 0 | 28,698 shares |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2023-03-21
f)
Place of the transaction
Outside a trading venue
For further information, please contact:
Torben Sand, Head of Investor Relations and Communication
phone: or
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
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