Director/PDMR Shareholding

RNS Number : 8529B
British American Tobacco PLC
06 April 2017
 

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

 

On 3 April 2017, awards of shares made under the 2014 International Share Reward Scheme vested in accordance with the rules of the British American Tobacco International Employee Share Ownership Plan and the Trustee of the Plan transferred accrued dividend shares to the following persons discharging managerial responsibilities.  Details of the transactions, including subsequent sales of shares where applicable, are set out below.

 

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

 

 

Vesting of shares under the International Share Reward Scheme (2014 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£33.355

 

73

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

73

 

 

£33.355

 

e)

 

Date of the transaction

 

 

2017-04-03

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

 

 

Transfer of dividend shares accrued under the International Share Reward Scheme (2014 Award).

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£35.87

 

2

 

£41.80

 

1

 

£49.37

 

1

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

4

 

 

£42.3467

 

e)

 

Date of the transaction

 

 

2017-04-03

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

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

Vesting of shares under the International Share Reward Scheme (2014 Award)

 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£33.355

 

73

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

73

 

£33.355

 

 

e)

Date of the transaction

2017-04-03

 

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

Transfer of dividend shares accrued under the International Share Reward Scheme (2014 Award).

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£35.87

2

 

£41.80

 

1

 

£49.37

1

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

4

 

£42.3467

 

e)

Date of the transaction

2017-04-03

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 to meet tax liability arising from the vesting under the International Share Reward Scheme (2014 Award)

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£52.90

 

25

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

25

 

£52.90

 

e)

Date of the transaction

2017-04-03

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

Name of officer of issuer responsible for making notification: Bridget Creegan

Date of notification: 6 April 2017

 


This information is provided by RNS
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