British American Tobacco p.l.c.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
On 3 April 2024 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 2021 Restricted Share Plan. Subsequent sales of shares are also set out below.
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 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 2021 Restricted Share Plan |
|||||||
c) |
Price(s) and volume(s) |
|
|||||||
d) |
Aggregated information
- Aggregated volume
- Price
|
10,139
£nil |
|||||||
e) |
Date of the transaction |
2024-04-03 |
|||||||
f) |
Place of the transaction |
Outside a trading venue |
|||||||
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 2021 Restricted Share Plan |
|
||||||
c)
|
Price(s) and volume(s)
|
|
|
||||||
d)
|
Aggregated information
- Aggregated volume
- Price
|
4,768
£114,622.72
|
|
||||||
e)
|
Date of the transaction
|
2024-04-03 |
|
||||||
f)
|
Place of the transaction
|
Outside a trading venue |
|
||||||
1
|
Details of the person discharging managerial responsibilities/person closely associated |
||||||||
a) |
Name |
James Barrett |
|||||||
2 |
Reason for the notification |
||||||||
a) |
Position/status |
Director, Business Development |
|||||||
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 2021 Restricted Share Plan |
|||||||
c) |
Price(s) and volume(s) |
|
|||||||
d) |
Aggregated information
- Aggregated volume
- Price
|
4,797
£nil |
|||||||
e) |
Date of the transaction |
2024-04-03 |
|||||||
f) |
Place of the transaction |
Outside a trading venue |
|||||||
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 2021 Restricted Share Plan |
|
||||||
c)
|
Price(s) and volume(s)
|
|
|
||||||
d)
|
Aggregated information
- Aggregated volume
- Price
|
2,258
£54,282.32 |
|
||||||
e)
|
Date of the transaction
|
2024-04-03 |
|
||||||
f)
|
Place of the transaction
|
Outside a trading venue |
|
||||||
1
|
Details of the person discharging managerial responsibilities/person closely associated |
||||||||
a) |
Name |
Luciano Comin |
|||||||
2 |
Reason for the notification |
||||||||
a) |
Position/status |
Marketing Director, Combustibles & 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 2021 Restricted Share Plan |
|||||||
c) |
Price(s) and volume(s) |
|
|||||||
d) |
Aggregated information
- Aggregated volume
- Price
|
9,448
£nil |
|||||||
e) |
Date of the transaction |
2024-04-03 |
|||||||
f) |
Place of the transaction |
Outside a trading venue |
|||||||
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 2021 Restricted Share Plan |
|
||||||
c)
|
Price(s) and volume(s)
|
|
|
||||||
d)
|
Aggregated information
- Aggregated volume
- Price
|
4,444
£106,833.76 |
|
||||||
e)
|
Date of the transaction
|
2024-04-03 |
|
||||||
f)
|
Place of the transaction
|
Outside a trading venue |
|
||||||
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, Middle East and 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 2021 Restricted Share Plan |
|||||||
c) |
Price(s) and volume(s) |
|
|||||||
d) |
Aggregated information
- Aggregated volume
- Price
|
8,267
£nil |
|||||||
e) |
Date of the transaction |
2024-04-03 |
|||||||
f) |
Place of the transaction |
Outside a trading venue |
|||||||
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 2021 Restricted Share Plan |
|
||||||
c)
|
Price(s) and volume(s)
|
|
|
||||||
d)
|
Aggregated information
- Aggregated volume
- Price
|
3,888
£93,467.52 |
|
||||||
e)
|
Date of the transaction
|
2024-04-03 |
|
||||||
f)
|
Place of the transaction
|
Outside a trading venue |
|
||||||
1
|
Details of the person discharging managerial responsibilities/person closely associated |
||||||||
a) |
Name |
Javed Iqbal |
|||||||
2 |
Reason for the notification |
||||||||
a) |
Position/status |
Interim Finance Director, and 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 |
||||||||
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 2021 Restricted Share Plan |
|||||||
c) |
Price(s) and volume(s) |
|
|||||||
d) |
Aggregated information
- Aggregated volume
- Price
|
3,053
£nil |
|||||||
e) |
Date of the transaction |
2024-04-03 |
|||||||
f) |
Place of the transaction |
Outside a trading venue |
|||||||
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 2021 Restricted Share Plan |
|
||||||
c)
|
Price(s) and volume(s)
|
|
|
||||||
d)
|
Aggregated information
- Aggregated volume
- Price
|
1,438
£34,569.52 |
|
||||||
e)
|
Date of the transaction
|
2024-04-03 |
|
||||||
f)
|
Place of the transaction
|
Outside a trading venue |
|
||||||
1
|
Details of the person discharging managerial responsibilities/person closely associated |
||||||||
a) |
Name |
Zafar Khan |
|||||||
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 2021 Restricted Share Plan |
|||||||
c) |
Price(s) and volume(s) |
|
|||||||
d) |
Aggregated information
- Aggregated volume
- Price
|
8,043
£nil |
|||||||
e) |
Date of the transaction |
2024-04-03 |
|||||||
f) |
Place of the transaction |
Outside a trading venue |
|||||||
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 2021 Restricted Share Plan |
|
||||||
c)
|
Price(s) and volume(s)
|
|
|
||||||
d)
|
Aggregated information
- Aggregated volume
- Price
|
3,783
£90,943.32 |
|
||||||
e)
|
Date of the transaction
|
2024-04-03 |
|
||||||
f)
|
Place of the transaction
|
Outside a trading venue |
|
||||||
1
|
Details of the person discharging managerial responsibilities/person closely associated |
||||||||
a) |
Name |
Paul McCrory |
|||||||
2 |
Reason for the notification |
||||||||
a) |
Position/status |
Director, Corporate and Regulatory Affairs |
|||||||
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 2021 Restricted Share Plan |
|||||||
c) |
Price(s) and volume(s) |
|
|||||||
d) |
Aggregated information
- Aggregated volume
- Price
|
2,326
£nil |
|||||||
e) |
Date of the transaction |
2024-04-03 |
|||||||
f) |
Place of the transaction |
Outside a trading venue |
|||||||
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 2021 Restricted Share Plan |
|
||||||
c)
|
Price(s) and volume(s)
|
|
|
||||||
d)
|
Aggregated information
- Aggregated volume
- Price
|
1,096
£26,347.84 |
|
||||||
e)
|
Date of the transaction
|
2024-04-03 |
|
||||||
f)
|
Place of the transaction
|
Outside a trading venue |
|
||||||
1
|
Details of the person discharging managerial responsibilities/person closely associated |
||||||||
a) |
Name |
Fred Monteiro |
|||||||
2 |
Reason for the notification |
||||||||
a) |
Position/status |
Regional Director, Americas & Europe |
|||||||
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 2021 Restricted Share Plan |
|||||||
c) |
Price(s) and volume(s) |
|
|||||||
d) |
Aggregated information
- Aggregated volume
- Price
|
3,239
£nil |
|||||||
e) |
Date of the transaction |
2024-04-03 |
|||||||
f) |
Place of the transaction |
Outside a trading venue |
|||||||
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 2021 Restricted Share Plan |
|
||||||
c)
|
Price(s) and volume(s)
|
|
|
||||||
d)
|
Aggregated information
- Aggregated volume
- Price
|
1,525
£36,661.00 |
|
||||||
e)
|
Date of the transaction
|
2024-04-03 |
|
||||||
f)
|
Place of the transaction
|
Outside a trading venue |
|
||||||
1
|
Details of the person discharging managerial responsibilities/person closely associated |
||||||||
a) |
Name |
James Murphy |
|||||||
2 |
Reason for the notification |
||||||||
a) |
Position/status |
Director, Research and Science |
|||||||
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 2021 Restricted Share Plan |
|||||||
c) |
Price(s) and volume(s) |
|
|||||||
d) |
Aggregated information
- Aggregated volume
- Price
|
1,789
£nil |
|||||||
e) |
Date of the transaction |
2024-04-03 |
|||||||
f) |
Place of the transaction |
Outside a trading venue |
|||||||
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 2021 Restricted Share Plan |
|
||||||
c)
|
Price(s) and volume(s)
|
|
|
||||||
d)
|
Aggregated information
- Aggregated volume
- Price
|
844
£20,289.76 |
|
||||||
e)
|
Date of the transaction
|
2024-04-03 |
|
||||||
f)
|
Place of the transaction
|
Outside a trading venue |
|
||||||
1
|
Details of the person discharging managerial responsibilities/person closely associated |
||||||||
a) |
Name |
Johan Vandermeulen |
|||||||
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 |
Shares released under the 2021 Restricted Share Plan |
|||||||
c) |
Price(s) and volume(s) |
|
|||||||
d) |
Aggregated information
- Aggregated volume
- Price
|
10,649
£nil |
|||||||
e) |
Date of the transaction |
2024-04-03 |
|||||||
f) |
Place of the transaction |
Outside a trading venue |
|||||||
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 2021 Restricted Share Plan |
|
||||||
c)
|
Price(s) and volume(s)
|
|
|
||||||
d)
|
Aggregated information
- Aggregated volume
- Price
|
5,008
£120,392.32 |
|
||||||
e)
|
Date of the transaction
|
2024-04-03 |
|
||||||
f)
|
Place of the transaction
|
Outside a trading venue |
|
||||||
1
|
Details of the person discharging managerial responsibilities/person closely associated |
||||||||
a) |
Name |
David Waterfield |
|||||||
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 2021 Restricted Share Plan |
|||||||
c) |
Price(s) and volume(s) |
|
|||||||
d) |
Aggregated information
- Aggregated volume
- Price
|
3,878
£nil |
|||||||
e) |
Date of the transaction |
2024-04-03 |
|||||||
f) |
Place of the transaction |
Outside a trading venue |
|||||||
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 2021 Restricted Share Plan, including to meet tax liability arising |
|
||||||
c)
|
Price(s) and volume(s)
|
|
|
||||||
d)
|
Aggregated information
- Aggregated volume
- Price
|
3,878
£93,227.12 |
|
||||||
e)
|
Date of the transaction
|
2024-04-03 |
|
||||||
f)
|
Place of the transaction
|
Outside a trading venue |
|
||||||
1
|
Details of the person discharging managerial responsibilities/person closely associated |
||||||||
a) |
Name |
Kingsley Wheaton |
|||||||
2 |
Reason for the notification |
||||||||
a) |
Position/status |
Chief Strategy and Growth 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 2021 Restricted Share Plan |
|||||||
c) |
Price(s) and volume(s) |
|
|||||||
d) |
Aggregated information
- Aggregated volume
- Price
|
12,722
£nil |
|||||||
e) |
Date of the transaction |
2024-04-03 |
|||||||
f) |
Place of the transaction |
Outside a trading venue |
|||||||
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 2021 Restricted Share Plan |
|
||||||
c)
|
Price(s) and volume(s)
|
|
|
||||||
d)
|
Aggregated information
- Aggregated volume
- Price
|
5,982
£143,807.28 |
|
||||||
e)
|
Date of the transaction
|
2024-04-03 |
|
||||||
f)
|
Place of the transaction
|
Outside a trading venue |
|
||||||
Name of officer of issuer responsible for making notification: Nancy Jiang Date of notification: 5 April 2024 |