Director/PDMR Shareholding

RNS Number : 8980U

British American Tobacco PLC

03 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

On 29 March 2019 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 2016 Deferred Share Bonus Scheme ("2016 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 (until 1 April 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
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 (2016 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £40.08 29,690
d)	Aggregated information - Aggregated volume - Price	29,690 £40.08
e)	Date of the transaction	2019-03-29
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 vesting of Deferred Share Bonus Scheme (2016 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £31.94 13,958
d)	Aggregated information - Aggregated volume - Price	13,958 £31.94
e)	Date of the transaction	2019-03-29
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		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
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 (2016 Award)
c)		Price(s) and volume(s)		Price(s) Volume(s) £40.08 11,473
d)		Aggregated information - Aggregated volume - Price		11,473 £40.08
e)		Date of the transaction		2019-03-29
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 vesting of Deferred Share Bonus Scheme (2016 Award)
c)	Price(s) and volume(s)		Price(s) Volume(s) £31.94 825
d)	Aggregated information - Aggregated volume - Price		825 £31.94
e)	Date of the transaction		2019-03-29
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
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 (2016 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £40.08 8,164
d)	Aggregated information - Aggregated volume - Price	8,164 £40.08
e)	Date of the transaction	2019-03-29
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 vesting of Deferred Share Bonus Scheme (2016 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £31.94 3,841
d)	Aggregated information - Aggregated volume - Price	3,841 £31.94
e)	Date of the transaction	2019-03-29
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
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 (2016 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £40.08 3,307
d)	Aggregated information - Aggregated volume - Price	3,307 £40.08
e)	Date of the transaction	2019-03-29
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 vesting of Deferred Share Bonus Scheme (2016 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £31.94 1,558
d)	Aggregated information - Aggregated volume - Price	1,558 £31.94
e)	Date of the transaction	2019-03-29
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
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 (2016 Award)
c)		Price(s) and volume(s)		Price(s) Volume(s) £40.08 8,270
d)		Aggregated information - Aggregated volume - Price		8,270 £40.08
e)		Date of the transaction		2019-03-29
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 vesting of Deferred Share Bonus Scheme (2016 Award)
c)	Price(s) and volume(s)		Price(s) Volume(s) £31.94  3,891
d)	Aggregated information - Aggregated volume - Price		3,891 £31.94
e)	Date of the transaction		2019-03-29
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
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 (2016 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £40.08 10,815
d)	Aggregated information - Aggregated volume - Price	10,815 £40.08
e)	Date of the transaction	2019-03-29
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 vesting of Deferred Share Bonus Scheme (2016 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £31.94 5,087
d)	Aggregated information - Aggregated volume - Price	5,087 £31.94
e)	Date of the transaction	2019-03-29
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
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 (2016 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £40.08 4,056
d)	Aggregated information - Aggregated volume - Price	4,056 £40.08
e)	Date of the transaction	2019-03-29
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 vesting of Deferred Share Bonus Scheme (2016 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £31.94 332
d)	Aggregated information - Aggregated volume - Price	332 £31.94
e)	Date of the transaction	2019-03-29
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
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 (2016 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £40.08 7,655
d)	Aggregated information - Aggregated volume - Price	7,655 £40.08
e)	Date of the transaction	2019-03-29
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 vesting of Deferred Share Bonus Scheme (2016 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £31.94  3,601
d)	Aggregated information - Aggregated volume - Price	3,601 £31.94
e)	Date of the transaction	2019-03-29
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
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 (2016 Award)
c)		Price(s) and volume(s)		Price(s) Volume(s) £40.08 7,655
d)		Aggregated information - Aggregated volume - Price		7,655 £40.08
e)		Date of the transaction		2019-03-29
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 on vesting of Deferred Share Bonus Scheme (2016 Award)
c)	Price(s) and volume(s)		Price(s) Volume(s) £31.94  3,601
d)	Aggregated information - Aggregated volume - Price		3,601 £31.94
e)	Date of the transaction		2019-03-29
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
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 (2016 Award)
c)		Price(s) and volume(s)		Price(s) Volume(s) £40.08 9,522
d)		Aggregated information - Aggregated volume - Price		9,522 £40.08
e)		Date of the transaction		2019-03-29
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 vesting of Deferred Share Bonus Scheme (2016 Award)
c)	Price(s) and volume(s)		Price(s) Volume(s) £31.94 4,479
d)	Aggregated information - Aggregated volume - Price		4,479 £31.94
e)	Date of the transaction		2019-03-29
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
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 (2016 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £40.08 9,341
d)	Aggregated information - Aggregated volume - Price	9,341 £40.08
e)	Date of the transaction	2019-03-29
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 on vesting of Deferred Share Bonus Scheme (2016 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £31.94  4,394
d)	Aggregated information - Aggregated volume - Price	4,394 £31.94
e)	Date of the transaction	2019-03-29
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, 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
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 (2016 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £40.08 9,013
d)	Aggregated information - Aggregated volume - Price	9,013 £40.08
e)	Date of the transaction	2019-03-29
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 on vesting of Deferred Share Bonus Scheme (2016 Award)
c)	Price(s) and volume(s)	Price(s) Volume(s) £31.94  4,240
d)	Aggregated information - Aggregated volume - Price	4,240 £31.94
e)	Date of the transaction	2019-03-29
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
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 (2016 Award)
c)		Price(s) and volume(s)	Price(s) Volume(s) £40.08 9,066
d)		Aggregated information - Aggregated volume - Price	9,066 £40.08
e)		Date of the transaction	2019-03-29
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 on vesting of Deferred Share Bonus Scheme (2016 Award)
c)	Price(s) and volume(s)		Price(s) Volume(s) £31.94  4,265
d)	Aggregated information - Aggregated volume - Price		4,265 £31.94
e)	Date of the transaction		2019-03-29
f)	Place of the transaction		London Stock Exchange (XLON)

Name of officer of issuer responsible for making notification: Sophie Kerr Date of notification: 3 April 2019

 

END

 

 

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