Scandinavian Tobacco Group A/S: Major Shareholder's Announcement

Scandinavian Tobacco Group A/S: Major Shareholder's Announcement

ID: 493350

(Thomson Reuters ONE) -






COMPANY ANNOUNCEMENT
No. 42/2016


                                       Copenhagen, 7 September 2016


Major Shareholder's Announcement


With reference to Section 29 of the Danish Securities Trading Act
(værdipapirhandels-loven) Swedish Match Cigars Holding AB today informed
Scandinavian Tobacco Group A/S (the "Company") that on 6 September 2016, in
connection with an accelerated book building offering, it had agreed to dispose
of 13,000,000 shares of nominally DKK 1 each (aggregate nominal value of DKK
13,000,000) in the Company to certain institutional investors, and following
settlement it would thus cross thresholds of 25% and 20% of the share capital in
the Company.

Swedish Match Cigars Holding AB is a wholly owned subsidiary of Swedish Match AB
listed on Nasdaq Stockholm. Today, Swedish Match AB has announced that Swedish
Match Cigars Holding AB has sold the said shares.

Swedish Match Cigars Holding AB thus holds 18,069,906 shares of nominally DKK 1
each (aggregate nominal value of DKK 18,069,906) in the Company, corresponding
to approx. 18.07% of the total share capital and approx. 18.07% of the total
voting rights.


For further information, please contact:
For media enquiries:
Kaspar Bach Habersaat, Director of Group Communications, phone: +45 7220 7152
or kaspar.bach(at)st-group.com.

For investor enquiries:
Torben Sand, Head of Investor Relations, phone: +45 7220 7126 or torben.sand(at)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 2015, the Group employed approx. 8,100 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 - Major Shareholder's Ann., 7 Sep. 2016:
http://hugin.info/171738/R/2040531/761184.pdf



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




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Bereitgestellt von Benutzer: hugin
Datum: 07.09.2016 - 15:58 Uhr
Sprache: Deutsch
News-ID 493350
Anzahl Zeichen: 3951

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