Director/PDMR Shareholding

RNS Number : 0138K

British American Tobacco PLC

05 April 2018

 

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

On 29 March 2018 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 persons discharging managerial responsibilities under the 2015 Long-Term Incentive Plan ("2015 Award"). Subsequent sales of shares are also set out below.

1		Details of the person discharging managerial responsibilities/person closely associated
a)		Name		Jack Bowles
2		Reason for the notification
a)		Position/status		Chief Operating Officer
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 34,131
d)		Aggregated information - Aggregated volume - Price		34,131 £nil
e)		Date of the transaction		2018-03-29
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) £41.45024  5,840
d)	Aggregated information - Aggregated volume - Price		5,840 £41.45024
e)	Date of the transaction		2018-03-29
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, Asia-Pacific and Middle East
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 27,503
d)	Aggregated information - Aggregated volume - Price	27,503 £nil
e)	Date of the transaction	2018-03-29
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) £40.655  12,763
d)	Aggregated information - Aggregated volume - Price	12,763 £40.655
e)	Date of the transaction	2018-03-29
f)	Place of the transaction	London Stock Exchange (XLON)

Name of officer of issuer responsible for making notification: Sophie Kerr Date of notification: 5 April 2018

 

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