Director/PDMR Shareholding

RNS Number : 2423B
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 Deferred Share Bonus Scheme ("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

 

 

Shares released under the Deferred Share Bonus Scheme (2014 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£32.58

 

27,466

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

27,466

 

£32.58

 

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 vesting of Deferred Share Bonus Scheme (2014 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£52.19

 

 

12,911

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

12,911

 

 

£52.19

 

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

 

 

John Benedict Stevens

 

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Finance 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

 

 

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

 

 

Shares released under the Deferred Share Bonus Scheme (2014 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£32.58

 

18,356

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

18,356

 

 

£32.58

 

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 vesting of Deferred Share Bonus Scheme (2014 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£52.19

 

 

8,630

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

8,630

 

 

£52.19

 

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

 

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

 

Ordinary shares of 25p each

 

GB0002875804

 

b)

 

Nature of the transaction

 

 

Shares released under the Deferred Share Bonus Scheme (2014 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£32.58

 

3,345

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

3,345

 

 

£32.58

 

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

 Jack Bowles

2

Reason for the notification

a)

Position/status

Regional Director, Asia-Pacific

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

Shares released under the Deferred Share Bonus Scheme (2014 Award)

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£32.58

8,341

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

8,341

 

£32.58

 

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 vesting of Deferred Share Bonus Scheme (2014 Award)

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£52.19

 

 

 2,662

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

2,662

 

 

£52.19

 

 

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

 Alan Davy

2

Reason for the notification

a)

Position/status

Director, Operations

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

a)

Description of the financial instrument, type of instrument

 

Identification code


Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Shares released under the Deferred Share Bonus Scheme (2014 Award)

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£32.58

5,674

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

5,674

 

£32.58

 

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

 

 

Shares released under the Deferred Share Bonus Scheme (2014 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£32.58

 

8,172

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

8,172

 

 

£32.58

 

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 vesting of Deferred Share Bonus Scheme (2014 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£52.19

 

3,843

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

3,843

 

 

£52.19

 

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

 Andrew Gray

2

Reason for the notification

a)

Position/status

Director, Marketing

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

Shares released under the Deferred Share Bonus Scheme (2014 Award)

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£32.58

8,341

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

8,341

 

£32.58

 

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 vesting of Deferred Share Bonus Scheme (2014 Award)

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£52.19

 

 

 3,923

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

3,923

 

 

£52.19

 

 

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

 

 

Shares released under the Deferred Share Bonus Scheme (2014 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£32.58

 

2,810

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

2,810

 

 

£32.58

 

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 vesting of Deferred Share Bonus Scheme (2014 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£52.19

 

 

 1,323

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

1,323

 

 

£52.19

 

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

Shares released under the Deferred Share Bonus Scheme (2014 Award)

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£32.58

5,476

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

5,476

 

£32.58

 

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 vesting of Deferred Share Bonus Scheme (2014 Award)

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£52.19

 

 

 2,576

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

2,576

 

 

£52.19

 

 

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

Ricardo Oberlander

2

Reason for the notification

a)

Position/status

Regional Director, Americas

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

Shares released under the Deferred Share Bonus Scheme (2014 Award)

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£32.58

6,740

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

6,740

 

£32.58

 

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 vesting of Deferred Share Bonus Scheme (2014 Award)

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£52.19

 

 

 3,170

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

3,170

 

 

£52.19

 

 

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

 

 

Naresh Sethi

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director, Business Development

 

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

 

 

Shares released under the Deferred Share Bonus Scheme (2014 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£32.58

 

6,993

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

6,993

 

 

£32.58

 

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 vesting of Deferred Share Bonus Scheme (2014 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£52.19

 

 

 6,993

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

6,993

 

 

£52.19

 

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

 

 

Johan Vandermeulen

 

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Regional Director, Eastern Europe, Middle East and Africa

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

 

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

 

Ordinary shares of 25p each

 

GB0002875804

 

b)

 

Nature of the transaction

 

 

Shares released under the Deferred Share Bonus Scheme (2014 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£32.58

 

2,538

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

2,538

 

 

£32.58

 

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

Shares released under the Deferred Share Bonus Scheme (2014 Award)

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£32.58

5,813

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

5,813

 

£32.58

 

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 on vesting of Deferred Share Bonus Scheme (2014 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£52.19

 

 

 2,735

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

2,735

 

 

£52.19

 

e)

 

Date of the transaction

 

 

2017-03-28

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

 


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