Scandinavian Tobacco Group has an annual production of 3 billion cigars and 5,000 tons pipe tobacco globally. With more than 200 brands Scandinavian Tobacco Group covers more than 100 markets globally with a portfolio of renown brands like Café Crème, Macanudo, Cohiba (US), Captain Black, Bugler, Break, Escort, Bali Shag and Tiedemanns. The company has more than 8,100 employees across the Dominican Republic, Honduras, Nicaragua, Indonesia, Europe, New Zealand, Australia, Canada and the United States.
CEO of Scandinavian Tobacco Group Niels Frederiksen said: "We come well prepared for this first day of trading at Nasdaq Copenhagen. We look forward to opening a new chapter in the history of Scandinavian Tobacco Group. We are humbled by the overwhelming interest there has been for Scandinavian Tobacco Group’s listing, and welcome new shareholders to take part in the company’s future development.”
Adam Kostyál, Nasdaq Senior Vice President Global Listing Services EMEA, said: “We are proud to welcome Scandinavian Tobacco Group to the Nasdaq Copenhagen exchange. The company steps onto the exchange with a long pedigree anchored in Danish business history. Today, Nasdaq looks forward to offering the company a place on the high street of the global capital markets, where both local Nordic as well as global investors pass each day.”
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
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