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Vinge advises Swedish Match in relation to Scandinavian Tobacco Group’s listing on Nasdaq Copenhagen

February 19, 2016

Vinge advised Swedish Match AB in relation to Scandinavian Tobacco Group A/S’s listing on Nasdaq Copenhagen. Scandinavian Tobacco Group (STG) is a world leading manufacturer of cigars and pipe tobacco.

A prospectus was published on 28 January 2016 and the first day of trading on Nasdaq Copenhagen was on 10 February 2016. The price in the offering was set at DKK 100 per share, corresponding to a market capitalisation of DKK 10 billion for STG.

Swedish Match owned, through Swedish Match Cigars Holding AB, 49 percent of STG before the offering and owns 31.2 percent of STG after completion of the offering and prior to any exercise of the overallotment option.

Vinge’s team primarily consisted of Charlotte Levin, Jonas Johansson, Joakim Hagberg, Amanda Knutsson, Malte Hedlund and Maria Schultzberg.

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