Director/PDMR Shareholding

RNS Number : 4829U
British American Tobacco PLC
01 August 2022
 

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 29 July 2022 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 person discharging managerial responsibilities under the 2019 Long-Term Incentive Plan ("2019 Award"). Subsequent sales of shares are also set out below.

 

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

 

 

Exercise of options under the British American Tobacco Long-Term Incentive Plan (2019 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£nil

 

14,589

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

14,589

 

£nil

 

e)

 

Date of the transaction

 

2022-07-29

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)

 

£33.5825

 

 

7,054

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

7,054

 

£33.5825

e)

 

Date of the transaction

 

2022-07-29

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

Name of officer of issuer responsible for making notification: Claire Dhokia

Date of notification: 01 August 2022

 

 

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