Director/PDMR Shareholding

RNS Number : 7294U
British American Tobacco PLC
02 April 2019
 

British American Tobacco p.l.c.

 Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

Conditional Share Awards

 

On 28 March 2019, the Company granted awards of British American Tobacco p.l.c. 25p ordinary shares (the "Shares") to the Executive Directors and other persons discharging managerial responsibilities (the "Participants") listed below under the British American Tobacco Long-Term Incentive Plan for nil consideration.  The awards for the Executive Directors are exercisable from 28 March 2024 to 27 March 2029 and the awards for the other Participants are exercisable from 28 March 2022 to 27 March 2029, subject to the satisfaction of performance conditions specified on the award date.  The maximum number of shares comprised in the awards granted to the Participants which could vest if the performance conditions are met in full is shown under the name of each Participant 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 Executive (from 1 April 2019), previously Chief Executive Designate (until 31 March 2019)

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

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

176,532

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

176,532

 

£nil

e)

Date of the transaction

2019-03-28

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

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

Ordinary shares of 25p each

 

GB0002875804

 

b)

 

Nature of the transaction

 

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

97,175

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

97,175

 

£nil

 

e)

Date of the transaction

2019-03-28

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

Award of shares under the Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

37,560

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

37,560

 

£nil

 

e)

Date of the transaction

2019-03-28

f)

Place of the transaction

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Marina Bellini

2

Reason for the notification

a)

Position/status

Director, Digital and Information

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

 

Award of shares under the Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

29,296

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

29,296

 

£nil

 

e)

Date of the transaction

2019-03-28

f)

Place of the transaction

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Luciano Comin

2

Reason for the notification

a)

Position/status

Regional Director, Americas and Sub-Saharan 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

 

Award of shares under the Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

31,550

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

31,550

 

£nil

 

e)

Date of the transaction

2019-03-28

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

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

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

33,804

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

33,804

 

£nil

e)

Date of the transaction

2019-03-28

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 (until 31 March 2019)

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

 

Award of shares under the Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

41,316

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

41,316

 

£nil

 

e)

Date of the transaction

2019-03-28

 

f)

Place of the transaction

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Hae In Kim

2

Reason for the notification

a)

Position/status

Director, Talent and Culture (from 1 April 2019), previously Director, Talent and Culture Designate (until 31 March 2019)

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

 

Award of shares under the Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

30,048

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

30,048

 

£nil

 

e)

Date of the transaction

2019-03-28

f)

Place of the transaction

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Paul Lageweg

2

Reason for the notification

a)

Position/status

Director, New Categories

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

 

Award of shares under the Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price(s)

Volume(s)

£nil

29,296

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

29,296

 

£nil

 

e)

Date of the transaction

2019-03-28

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

Director, Group Transformation and Deputy 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

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

Ordinary shares of 25p each

 

GB0002875804

b)

 

Nature of the transaction

 

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

36,057

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

36,057

 

£nil

 

e)

Date of the transaction

2019-03-28

f)

Place of the transaction

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Guy Meldrum

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

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

Ordinary shares of 25p each

 

GB0002875804

 

b)

 

Nature of the transaction

 

Award of shares under the Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

31,550

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

31,550

 

£nil

 

e)

Date of the transaction

2019-03-28

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

Director, Scientific Research

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

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

30,048

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

30,048

 

£nil

e)

Date of the transaction

2019-03-28

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

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

a)

Description of the financial instrument, type of instrument

 

Identification code



Ordinary shares of 25p each

GB0002875804

b)

Nature of the transaction

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

45,072

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

45,072

 

£nil

 

e)

Date of the transaction

2019-03-28

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 (until 31 March 2019)

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

 

Award of shares under the Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

35,306

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

35,306

 

£nil

e)

Date of the transaction

2019-03-28

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, Europe and North 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

 

Award of shares under the Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

39,438

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

39,438

 

£nil

e)

Date of the transaction

2019-03-28

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

Chief Marketing 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

a)

Description of the financial instrument, type of instrument

 

Identification code


Ordinary shares of 25p each

GB0002875804

b)

Nature of the transaction

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

43,194

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

43,194

 

£nil

e)

Date of the transaction

2019-03-28

f)

Place of the transaction

London Stock Exchange (XLON)

 

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

Date of notification: 2 April 2019

 


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