Director/PDMR Shareholding

RNS Number : 8454G
British American Tobacco PLC
18 May 2011
 



NOTIFICATION OF TRANSACTIONS BY DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

Notifications made in accordance with Disclosure Rule 3.1.4R(1)(a) of the Disclosure and Transparency Rules.

 

The independent Trustee of the British American Tobacco Group Employee Trust (the "Trust") notified the Company on 17 May 2011 that it had on 16 May 2011 (the vesting date of 15 May 2011 not being a business day) transferred the beneficial interest in a total of 214,886 British American Tobacco p.l.c. 25p ordinary shares (the "Shares") subject to awards granted under the British American Tobacco 2007 Long Term Incentive Plan (the "2007 LTIP") to the following persons discharging managerial responsibility ("PDMRs") as follows:

 

Participant

Share scheme

Shares, subject to LTIP Awards, transferred to PDMRs

No. of Shares sold

No. of Shares sold to cover tax liability

Price at which Shares sold

Net No. of Shares acquired

M M Cobben

2007 LTIP

37,481

37,481

N/A

£26.93250

NIL

A M Gray

2007 LTIP

37,481

37,481

N/A

£26.93250

NIL

J-M Levy

2007 LTIP

21,485

21,485

N/A

£26.88060

NIL

M C T Prideaux

2007 LTIP

40,979

N/A

21,790

£26.96290

19,189

P H Taylor

2007 LTIP

36,481

N/A

19,399

£26.96190

17,082

N R Withington

2007 LTIP

40,979

40,979

N/A

£26.85365

NIL

 

The independent Trustee of the British American Tobacco Group Employee Trust (the "Trust") further notified the Company on 18 May 2011 that it had on 16 May 2011 (the vesting date of 15 May 2011 not being a business day) transferred the beneficial interest in a total of 37,481 British American Tobacco p.l.c. 25p ordinary shares (the "Shares") subject to awards granted under the British American Tobacco 2007 Long Term Incentive Plan (the "2007 LTIP") to the following person discharging managerial responsibility ("PDMR") as follows:

 

Participant

Share scheme

Shares, subject to LTIP Awards, transferred to PDMRs

No. of Shares sold

No. of Shares sold to cover tax liability

Price at which Shares sold

Net No. of Shares acquired

J P Daly

2007 LTIP

37,481

N/A

N/A

N/A

37,481

 

Following the above transactions, the total beneficial and family interests in British American Tobacco p.l.c. 25p ordinary shares of the following persons discharging managerial responsibilities was as follows:

 

Participant

 

Total Beneficial and Family Interests following this Notification

J P Daly

86,651 (including 41,585 Deferred shares)

M M Cobben

147,265 (including 31,776 Deferred shares)

A M Gray

59,264 (including 31,874 Deferred shares)

J-M Levy

50,119 (including 30,464 Deferred shares)

M C T Prideaux

141,320 (including 36,367 Deferred shares)

P H Taylor

168,695 (including 32,795 Deferred shares)

N R Withington

153,882 (including 36,367 Deferred shares)

 

 

 

Name of duly authorised officer of issuer responsible for making notification:

 

G C W Cunnington

Deputy Secretary

 

020 7845 1925

 

18 May 2011

 

 

Enquiries:

 

Investor Relations
Ralph Edmondson/Maya Farhat                                 +44 20 7845 1180/1977

 

British American Tobacco Press Office
Kate Matrunola/Cat Armstrong/Christina Dona          +44 20 7845 2888

 

 


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