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STG Stonepath Grp.

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Stonepath Grp. AMEX:STG AMEX Ordinary Share
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Scandinavian Tobacco Group A/S: French Authorities Publish Ban on Tobacco Brand Names

02/02/2017 11:32am

GlobeNewswire


COMPANY ANNOUNCEMENT
No. 4/2017

                                                                                                                           Copenhagen, 2 February 2017

French Authorities Publish Ban on Tobacco Brand Names


Today, the French Ministry of Health and Ministry of Budget have published the result of their review of all tobacco product names in the French market.

As further described in company announcement no. 3/2017 (30 January 2017), the French authorities consider the use of Scandinavian Tobacco Group's Café Crème brand name for cigars to be a violation of the French Public Health Code. Also the brand name Paradise is banned.


The bans are announced to take effect from 1 February 2018. The sales in France of Café Crème and Paradise together represent close to 4% of the Group's net sales.

Scandinavian Tobacco Group will appeal the decision to the French courts.

For further information, please contact:

For media enquiries:
Kaspar Bach Habersaat, Director of Group Communications, phone: +45 7220 7152
or kaspar.bach@st-group.com.

For investor enquiries:
Torben Sand, Head of Investor Relations, phone: +45 7220 7126
or torben.sand@st-group.com.

STG Company announcement 4 2.2.2017



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Scandinavian Tobacco Group A/S via Globenewswire

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