GlobeNewswire Inc | Apr 6, 2021 09:14AM EDT

April 06, 2021

Company AnnouncementNo. 17/2021



Copenhagen, 6 April 2021

Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities

1. Information on the person discharging managerial responsibilities/person closely associated a)NameNiels Frederiksen2. Reason for the notificationa)Position/titleCEO and member of the Executive Managementb)Initial notification/amendmentInitial notification3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameScandinavian Tobacco Group A/Sb) LEI code5299003KG4JS99TRML674. 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 instrumentIdentification codeShares

DK0060696300 STGb)Nature of the transactionGrant of shares due to vesting of performance share units granted under Long-term Incentive Programme based on KPIs related to the 2018-2020 performance period.c)Price(s) and volume(s)

Price(s) Volume(s)DKK 0 60,450 shares

d)Aggregated information- Aggregated volume- PriceN/A e)Date of the transaction2021-04-06f)Place of the transactionOutside a trading venue

1. Information on the person discharging managerial responsibilities/person closely associated a)NameMarianne Rrslev Bock2. Reason for the notificationa)Position/titleCFO and member of the Executive Managementb)Initial notification/amendmentInitial notification3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameScandinavian Tobacco Group A/Sb) LEI code5299003KG4JS99TRML674. 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 instrumentIdentification codeShares

DK0060696300 STGb)Nature of the transactionGrant of shares due to vesting of performance share units granted under Long-term Incentive Programme based on KPIs related to the 2018-2020 performance period.c)Price(s) and volume(s)

Price(s) Volume(s)DKK 0 6,300 shares

d)Aggregated information- Aggregated volume- PriceN/Ae)Date of the transaction2021-04-06f)Place of the transactionOutside a trading venue

For further information, please contact:Investors Torben Sand, Head of Investor Relations, phone: +45 5084 7222 or torben.sand@st-group.com

Media Simon Mehl Augustesen, Director of Group Communications, phone: +1 484-379-8725 or simon.augustesen@st-group.com



About Scandinavian Tobacco Group

Scandinavian Tobacco Group A/S is a world leading manufacturer of cigars and pipe tobacco with an annual production of four billion cigars and 5,000 tonnes of pipe and fine-cut tobacco. The Group holds market-leading positions in several categories and has a portfolio of more than 200 global and local brands. Scandinavian Tobacco Group has its headquarter in Copenhagen, Denmark and employs approximately 11,000 people in Europe, the US, Canada, Australia, New Zealand, the Dominican Republic, Honduras, Nicaragua, Indonesia and Sri Lanka. For more information please visit www.st-group.com

Attachment

-- Scandinavian Tobacco Group - Transactions by Management, Allocation under LTIP 6.4.2021