Scandinavian Tobacco Group: Major Shareholder´s Announcement



                                                                                                      Copenhagen, 3 December 2019

Major Shareholder’s Announcement

With reference to Section 29 of the Danish Securities Trading Act (værdipapirhandels-loven) it is hereby announced that Parvus Asset Management Europe Limited has informed Scandinavian Tobacco Group A/S (the “Company”) that funds administered by companies within Parvus Asset Management Europe Limited on 2 December 2019 control shares in total amounting to more than 5% of the company´s share capital, and Parvus Asset Management Europe Limited exercises more than 5% of the voting rights.

 

Funds administered by Parvus Asset Management Europe Limited thus control 5,441,977 shares with a nominal value of DKK 1 (aggregate nominal value DKK 5,441,977), corresponding to 5.44% of the total share capital, and on behalf of these funds Parvus Asset Management Europe Limited exercises 5.44% of the voting rights.

For further information, please contact:

Investors: Torben Sand, Head of Investor Relations,

phone: or

Media: Simon Mehl Augustesen, Director of Group Communications,

phone: or

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