Director/PDMR Shareholding

RNS Number : 0216U
British American Tobacco PLC
30 March 2021
 

British American Tobacco p.l.c. (the "Company")

 

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

On 26 March and 29 March 2021 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 2018 Long-Term Incentive Plan ("2018 Award"). Subsequent sales of shares are also set out below.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Tadeu Marroco

2

 

Reason for the notification

 

a)

 

Position/status

 

Finance and Transformation 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

 

 

Exercise of options under the British American Tobacco Long-Term Incentive Plan (2018 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£nil

 

15,310

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

15,310

 

£nil

 

e)

 

Date of the transaction

 

2021-03-29

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)

 

£27.8650

 

 

7,354

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

7,354

 

£27.8650

 

e)

 

Date of the transaction

 

2021-03-29

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

 

 

Exercise of options under the British American Tobacco Long-Term Incentive Plan (2018 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£nil

 

5,589

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

5,589

 

£nil

 

e)

 

Date of the transaction

 

2021-03-29

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)

 

£28.0564

 

 

2,682

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

2,682

 

£28.0564

 

e)

 

Date of the transaction

 

2021-03-29

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

 

 

Exercise of options under the British American Tobacco Long-Term Incentive Plan (2018 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£nil

 

17,398

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

17,398

 

£nil

 

e)

 

Date of the transaction

 

2021-03-26

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)

 

£27.6051

 

 

8,352

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

8,352

 

£27.6051

 

e)

 

Date of the transaction

 

2021-03-26

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

 

 

Exercise of options under the British American Tobacco Long-Term Incentive Plan (2018 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£nil

 

13,205

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

13,205

 

£nil

 

e)

 

Date of the transaction

 

2021-03-29

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)

 

£27.7959

 

 

6,343

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

6,343

 

£27.7959

 

e)

 

Date of the transaction

 

2021-03-29

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

 

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 (2018 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£nil

 

5,997

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

5,997

 

£nil

 

e)

 

Date of the transaction

 

2021-03-29

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)

 

£28.1858

 

 

2,778

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

2,778

 

£28.1858

 

e)

 

Date of the transaction

 

2021-03-29

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Michael Dijanosic

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 (2018 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£nil

 

3,616

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

3,616

 

£nil

 

e)

 

Date of the transaction

 

2021-03-29

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)

 

£27.8850

 

 

2

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

2

 

£27.8850

 

e)

 

Date of the transaction

 

2021-03-29

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

Name of officer of issuer responsible for making notification: Oliver Martin

Date of notification: 30 March 2021

 

 

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