Director/PDMR Shareholding

RNS Number : 2441B

British American Tobacco PLC

31 March 2017

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

On 28 March 2017 the independent Trustee of the British American Tobacco Group Employee Trust 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 responsibilities under the 2014 Long-Term Incentive Plan ("2014 Award"). Subsequent sales of shares are also set out below.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nicandro Durante
2	Reason for the notification
a)	Position/status	Chief Executive
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	British American Tobacco p.l.c.
b)	LEI	213800FKA5MF17RJKT63
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Transaction 1
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 25p each GB0002875804
b)	Nature of the transaction	Exercise of options under the British American Tobacco Long-Term Incentive Plan (2014 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 62,123
d)	Aggregated information - Aggregated volume - Price	62,123 £nil
e)	Date of the transaction	2017-03-28
f)	Place of the transaction	London Stock Exchange (XLON)
Transaction 2
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 25p each GB0002875804
b)	Nature of the transaction	Sale of shares to meet tax liability arising on exercise of Long-Term Incentive Plan options
c)	Price(s) and volume(s)	Price(s) Volume(s) £52.11 29,842
d)	Aggregated information - Aggregated volume - Price	29,842 £52.11
e)	Date of the transaction	2017-03-28
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jerome Abelman
2	Reason for the notification
a)	Position/status	Director, Legal & External Affairs and General Counsel
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	British American Tobacco p.l.c.
b)	LEI	213800FKA5MF17RJKT63
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Transaction 1
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 25p each GB0002875804
b)	Nature of the transaction	Exercise of options under the British American Tobacco Long-Term Incentive Plan (2014 LTIP)
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 3,588
d)	Aggregated information - Aggregated volume - Price	3,588 £nil
e)	Date of the transaction	2017-03-28
f)	Place of the transaction	London Stock Exchange (XLON)
Transaction 2
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 25p each GB0002875804
b)	Nature of the transaction	Sale of shares to meet tax liability arising on exercise of Long-Term Incentive Plan options.
c)	Price(s) and volume(s)	Price(s) Volume(s) £52.53 1,576
d)	Aggregated information - Aggregated volume - Price	1,576 £52.53
e)	Date of the transaction	2017-03-28
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Giovanni Giordano
2	Reason for the notification
a)	Position/status	Director, Group Human Resources
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	British American Tobacco p.l.c.
b)	LEI	213800FKA5MF17RJKT63
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Transaction 1
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 25p each GB0002875804
b)	Nature of the transaction	Exercise of options under the British American Tobacco Long-Term Incentive Plan (2014 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 17,119
d)	Aggregated information - Aggregated volume - Price	17,119 £nil
e)	Date of the transaction	2017-03-28
f)	Place of the transaction	London Stock Exchange (XLON)
Transaction 2
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 25p each GB0002875804
b)	Nature of the transaction	Sale of shares to meet tax liability arising on exercise of Long-Term Incentive Plan options.
c)	Price(s) and volume(s)	Price(s) Volume(s) £52.53 8,238
d)	Aggregated information - Aggregated volume - Price	8,238 £52.53
e)	Date of the transaction	2017-03-28
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tadeu Marroco
2	Reason for the notification
a)	Position/status	Regional Director, Western Europe
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	British American Tobacco p.l.c.
b)	LEI	213800FKA5MF17RJKT63
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Transaction 1
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 25p each GB0002875804
b)	Nature of the transaction	Exercise of options under the British American Tobacco Long-Term Incentive Plan (2014 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 4,709
d)	Aggregated information - Aggregated volume - Price	4,709 £nil
e)	Date of the transaction	2017-03-28
f)	Place of the transaction	London Stock Exchange (XLON)
Transaction 2
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 25p each GB0002875804
b)	Nature of the transaction	Sale of shares to meet tax liability arising on exercise of Long-Term Incentive Plan options.
c)	Price(s) and volume(s)	Price(s) Volume(s) £52.073057 2,263
d)	Aggregated information - Aggregated volume - Price	2,263 £52.073057
e)	Date of the transaction	2017-03-28
f)	Place of the transaction	London Stock Exchange (XLON)

1		Details of the person discharging managerial responsibilities/person closely associated
a)		Name		David O'Reilly
2		Reason for the notification
a)		Position/status		Group Scientific Director
b)		Initial notification /Amendment		Initial notification
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)		Name		British American Tobacco p.l.c.
b)		LEI		N/A
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Transaction 1
a)		Description of the financial instrument, type of instrument Identification code		Ordinary shares of 25p each GB0002875804
b)		Nature of the transaction		Exercise of options under the British American Tobacco Long-Term Incentive Plan (2014 Award)
c)		Price(s) and volume(s)		Price(s) Volume(s) £nil 11,471
d)		Aggregated information - Aggregated volume - Price		11,471 £nil
e)		Date of the transaction		2017-03-28
f)		Place of the transaction		London Stock Exchange (XLON)
Transaction 2
a)	Description of the financial instrument, type of instrument Identification code		Ordinary shares of 25p each GB0002875804
b)	Nature of the transaction		Sale of shares to meet tax liability arising on exercise of Long-Term Incentive Plan options.
c)	Price(s) and volume(s)		Price(s) Volume(s) £52.185059 5,512
d)	Aggregated information - Aggregated volume - Price		5,512 £52.185059
e)	Date of the transaction		2017-03-28
f)	Place of the transaction		London Stock Exchange (XLON)

1		Details of the person discharging managerial responsibilities/person closely associated
a)		Name		Kingsley Wheaton
2		Reason for the notification
a)		Position/status		Managing Director, Next Generation Products
b)		Initial notification /Amendment		Initial notification
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)		Name		British American Tobacco p.l.c.
b)		LEI		N/A
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Transaction 1
a)		Description of the financial instrument, type of instrument Identification code		Ordinary shares of 25p each GB0002875804
b)		Nature of the transaction		Exercise of options under the British American Tobacco Long-Term Incentive Plan (2014 Award)
c)		Price(s) and volume(s)		Price(s) Volume(s) £nil 12,177
d)		Aggregated information - Aggregated volume - Price		12,177 £nil
e)		Date of the transaction		2017-03-28
f)		Place of the transaction		London Stock Exchange (XLON)
Transaction 2
a)	Description of the financial instrument, type of instrument Identification code		Ordinary shares of 25p each GB0002875804
b)	Nature of the transaction		Sale of shares on exercise of Long-Term Incentive Plan options.
c)	Price(s) and volume(s)		Price(s) Volume(s) £52.222149 5,852
d)	Aggregated information - Aggregated volume - Price		5,852 £52.222149
e)	Date of the transaction		2017-03-28
f)	Place of the transaction		London Stock Exchange (XLON)
Transaction 3
a)	Description of the financial instrument, type of instrument Identification code		Ordinary shares of 25p each GB0002875804
b)	Nature of the transaction		Sale of shares.
c)	Price(s) and volume(s)		Price(s) Volume(s) £52.354599 4,701
d)	Aggregated information - Aggregated volume - Price		4,701 £52.354599
e)	Date of the transaction		2017-03-29
f)	Place of the transaction		London Stock Exchange (XLON)

Name of officer of issuer responsible for making notification: Geoffrey Cunnington Date of notification: 31 March 2017

 

END

 

 

DSHEFLFXDXFLBBK