Director/PDMR Shareholding

RNS Number : 2538T
British American Tobacco PLC
24 March 2016
 

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

 

Notifications 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 23 March 2016 that it had on 22 March 2016 released the following number of British American Tobacco p.l.c. 25p ordinary shares (the "Shares") granted to the following Executive Directors and persons discharging managerial responsibility under the 2013 Deferred Share Bonus Scheme ("2013 DSBS"):

 

Participant

No. of Shares released from 2013 DSBS Award

No. of Shares sold

Price at which Shares sold
(pence)

Net No. of Shares acquired

N Durante

25,478

11,978

3,983

13,500

J B Stevens

17,079

17,079

3,983

0

A Davy

2,641

2,641

3,983

0

G Giordano

7,697

3,621

3,983

4,076

A Gray

7,697

7,697

3,983

0

T Marroco

2,780

2,780

3,983

0

D O'Reilly

5,076

3,732

3,983

1,344

N Sethi

6,059

6,059

3,983

0

J Vandermeulen*

2,725

2,725

3,976

0

K Wheaton

5,404

3,973

3,983

1,431

 

* Mr Vandermeulen's 2013 DSBS award will be cash settled by the Company.

 

2.         The Company was notified on 23 March 2016 that the independent Trustee of the British American Tobacco Group Employee Trust had on 23 March 2016 released the following number of British American Tobacco p.l.c. 25p ordinary shares granted to the following person discharging managerial responsibilities under the 2013 Long-Term Incentive Plan ("2013 LTIP"):

 

Participant

Total No. of Shares under 2013 LTIP Award

No. of Shares Lapsed

No. of Shares released from 2013 LTIP Award

No. of Shares Sold

Price at which Shares sold
(pence)

Net No. of Shares acquired

T Marroco

5,670

5,103

567

567

4,002.57

0

 

3.         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

251,080 (including 46,885 Deferred Shares)

J B Stevens

86,771 (including 31,088 Deferred Shares)

A Davy

34,680 (including 11,032 Deferred Shares)

G Giordano

29,800 (including 15,245 Deferred Shares)

A M Gray

52,726 (including 16,057 Deferred Shares)

T L Marroco

16,496 (including 6,635 Deferred Shares)

D O'Reilly

20,109 (including 10,477 Deferred Shares)

N Sethi

44,591 (including 13,101 Deferred Shares)

J Vandermeulen

8,658 (including 8,430 Deferred Shares)

K Wheaton

12,836 (including 10,971 Deferred Shares)

 

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

 

B M Creegan

Assistant Secretary

 

24 March 2016

 

Enquiries:

 

Investor Relations

Mike Nightingale/Rachael Brierley         +44 20 7845 1180/1519

 

British American Tobacco Press Office

Will Hill/Anna Vickerstaff                            +44 20 7845 2888

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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