Swedish Match AB applies for delisting

Philip Morris Holland Holdings B.V. (“PMHH”), an affiliate of Philip Morris International Inc., declared the public offer for Swedish Match AB (“Swedish Match” or the “Company”) unconditional on November 7, 2022. PMHH controls more than 90 percent of the shares in Swedish Match and has initiated squeeze-out proceedings in respect of the remaining shares in the Company.

The Board of Swedish Match has today resolved to apply for delisting of the Company’s shares from Nasdaq Stockholm. The last day of trading in the Company’s shares on Nasdaq Stockholm will be announced as soon as the Company has received confirmation from Nasdaq Stockholm.

___________   

Contact:

Johan Levén, Vice President Investor Relations
Phone +46 70 207 2116

Johan Wredberg, Director Communications and Media Relations
Telephone: +46 730 27 93 43

___________

The information was submitted for publication, through the agency of the contact person set out above, at 5.20 p.m. CET on December 5, 2022.

___________

Swedish Match develops, manufactures, and sells quality products with market-leading brands in the product segments Smokefree, Cigars, and Lights. Production is located in seven countries, with sales concentrated in the US and Scandinavia. The Group’s global operations generated sales of 20,987 MSEK for the twelve month period ending September 30, 2022. The Swedish Match share is listed on Nasdaq Stockholm (SWMA).

Swedish Match’s vision is A world without cigarettes. Some of its well-known brands include: General, ZYN, Longhorn, Game, America's Best Chew, Fiat Lux, and Cricket.

___________

Swedish Match AB (publ), SE-118 85 Stockholm, Sweden
Visiting address: Sveavägen 44, 8th Floor. Telephone: +46 10 13 93 000
Corporate Identity Number: 556015-0756
www.swedishmatch.com