Director/PDMR Shareholding

RNS Number : 9160M
British American Tobacco PLC
02 May 2018
 

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

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Ricardo Oberlander

 

2

 

Reason for the notification

 

a)

 

Position/status

 

President and CEO, Reynolds American Inc.

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 (2015 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£nil

 

28,332

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

28,332

 

 

£nil

 

e)

 

Date of the transaction

 

2018-04-27

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)

 

£40.024999

 

 

12,561

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

- Price

 

 

 

 

12,561

 

£40.024999

 

e)

 

Date of the transaction

 

2018-04-27

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

Name of officer of issuer responsible for making notification: Sophie Kerr

Date of notification: 2 May 2018

 


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