Brief: Swedish Match sells stake in Scandinavian Tobacco

Scandinavian Tobacco A/S

09/11/2017 08:06

Nov 9 (Reuters) - Swedish Match AB  SWMA.ST  
    * Sale of shares in Scandinavian Tobacco Group A/S 
    * Says has sold 9,069,906 shares, corresponding to its 
total 
shareholding, in Scandinavian Tobacco Group a/s 
    * Says sale through an accelerated book building process to 
institutional investors at a price of DKK 109.13 per share 
    * Says in addition, extraordinary dividend in amount of DKK 
3.50 
per share as announced by stg on 8 november, 2017 will accrue to 
seller 
    * STG shares fall 4.9 percent 0810 GMT to DKK 110.20 per 
share 
 
Source text for Eikon:  ID:nWkr7YccGY  
Further company coverage:  SWMA.ST  
 
 ((niklas.pollard@thomsonreuters.com;))