Director/PDMR Shareholding

RNS Number : 5226A

British American Tobacco PLC

30 March 2012

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

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

1. The independent Trustee of the British American Tobacco Group Employee Trust notified the Company on 29 March 2012 that it had on 27 March 2012 released the following number of British American Tobacco p.l.c. 25p ordinary shares (the "Shares") to the following Executive Directors and persons discharging managerial responsibility:

Participant	Share Scheme Deferred Share Bonus Scheme ("DSBS") Long-Term Incentive Plan ("LTIP")	Shares released from DSBS and LTIP Awards	No. of Shares sold	No. of Shares sold to cover tax liability	Price at which Shares sold (pence)	Net No. of Shares acquired
N Durante	2009 DSBS 2009 LTIP	29,164 94,996	29,164 94,996	N/A N/A	3200.0000 3204.0500	0 0
J B Stevens	2009 DSBS 2009 LTIP	26,114 88,663	26,114 88,663	N/A N/A	3200.0000 3238.7700	0 0
J P Daly	2009 DSBS	15,151	15,151	N/A	3200.0000	0
J Bowles	2009 DSBS	6,965	N/A	3,208	3200.0000	3,757
D J Naughton	2009 DSBS	4,512	N/A	393	3200.0000	4,119
M M Cobben	2009 DSBS 2009 LTIP	13,857 47,498	13,857 47,498	N/A N/A	3200.0000 3193.8299	0 0
D S Fell	2009 DSBS 2009 LTIP	10,612 41,798	10,612 41,798	N/A N/A	3200.0000 3215.2000	0 0
A M Gray	2009 DSBS	13,857	N/A	7,209	3200.0000	6,648
J-M Levy	2009 DSBS 2009 LTIP	11,953 47,498	11,953 47,498	N/A N/A	3200.0000 3200.9499	0 0
D O'Reilly	2009 DSBS 2009 LTIP	3,239 6,649	2,462 5,054	N/A N/A	3200.0000 3204.7600	777 1,595
M C T Prideaux	2009 DSBS 2009 LTIP	15,982 54,781	15,982 54,781	N/A N/A	3200.0000 3232.0200	0 0
N Sethi	2009 DSBS	2,161	2,161	N/A	3200.0000	0
N R Withington	2009 DSBS	15,982	15,982	N/A	3200.0000	0

2. On 28 March 2012, the Company granted an award of British American Tobacco p.l.c. 25p ordinary shares to the Executive Directors of British American Tobacco and other persons discharging managerial responsibilities (the "Participants") listed below under the Deferred Share Bonus Scheme at an award price of 3208 pence per Share. Awards under the Deferred Share Bonus Scheme are conditional awards of shares which are held in trust for three years and no further performance conditions apply in that period.

Participant	Deferred Shares Awarded
N Durante	31,172
J B Stevens	21,041
J P Daly	18,235
J Bowles	8,626
M M Cobben	8,837
D S Fell	8,732
G Giordano	5,523
A M Gray	9,468
J-M Levy	9,889
D J Naughton	7,890
D O'Reilly	2,461
M C T Prideaux	9,889
N Sethi	3,282
K Wheaton	3,219
N R Withington	9,889

3. Further, on 28 March 2012, the Company granted awards of British American Tobacco p.l.c. 25p ordinary shares (the "Shares") to Executive Directors of British American Tobacco and other persons discharging managerial responsibilities listed below (the "Participants") under the British American Tobacco 2007 Long Term Incentive Plan at an award price of 3208 pence per Share. The awards are exercisable from 28 March 2015 to 27 March 2022, subject to the satisfaction of performance conditions specified on the award date. The maximum number of shares comprised in the awards granted to the Participants which could vest if the performance conditions are met in full is shown opposite the name of each Participant set out below:

Participant	No. of Shares comprised in Award
N Durante	124,688
J B Stevens	70,137
J P Daly	60,785
J Bowles	25,561
M M Cobben	26,184
D S Fell	25,872
G Giordano	46,290
A M Gray	28,054
J-M Levy	29,301
D J Naughton	23,379
D O'Reilly	19,326
M C T Prideaux	29,301
N Sethi	23,067
K Wheaton	20,573
N R Withington	29,301

4. On 28 March 2012, the Company granted options over British American Tobacco p.l.c. 25p ordinary shares (the "Shares") to the Executive Director and person discharging managerial responsibilities below (the "Participant") under the British American Tobacco Sharesave Scheme, at an option price of 2536 pence per Share:

Participant

Shares under option

Option exercise period

N Durante

591

1 May 2017 to 31 October 2017

G Giordano

212

236

1 May 2015 to 31 October 2015

1 May 2017 to 31 October 2017

5. The independent Trustee of the British American Tobacco Group Employee Trust notified the Company on 30 March 2012 that it had on 29 March 2012 released the following number of British American Tobacco p.l.c. 25p ordinary shares (the "Shares") to the following Executive Director and person discharging managerial responsibility:

Participant

Share Scheme

Long-Term Incentive
Plan ("LTIP")

Shares released from LTIP Awards

No. of Shares sold

No. of Shares sold to cover tax liability

Price at which Shares sold

(pence)

Net No. of Shares acquired

J P Daly

2009 LTIP

51,931

N/A

51,931

6. 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
N Durante	221,928* (including 70,233 Deferred Shares)
J B Stevens	119,072 (including 60,668 Deferred Shares)
J P Daly	133,143 (including 44,669 Deferred Shares)
J Bowles	42,473 (including 21,773 Deferred Shares)
M M Cobben	142,516 (including 26,756 Deferred Shares)
D S Fell	45,584 (including 25,692 Deferred Shares)
G Giordano	5,543 (including 5,523 Deferred Shares)
A M Gray	61,618 (including 27,485 Deferred Shares)
J-M Levy	48,059 (including 28,400 Deferred Shares)
D J Naughton	26,443 (including 17,513 Deferred Shares)
D O'Reilly	10,550 (including 7,323 Deferred Shares)
M C T Prideaux	134,270 (including 30,274 Deferred Shares)
N Sethi	31,402 (including 8,475 Deferred Shares)
K Wheaton	8,326 (including 7,393 Deferred Shares)
N R Withington	148,329 (including 30,274 Deferred Shares)