British American Tobacco PLC
08 June 2004
HOLDING OF SHARES IN COMPANY
Further to the announcement by British American Tobacco p.l.c. ("the Company")
on 4 June 2004 regarding the Conversion of Preference Shares, the Company
received on 7 June 2004 a notification of even date ("the Notification") from
The Law Debenture Corporation p.l.c. of London ("Law Debenture Corporation")
informing that, pursuant to sections 198 to 202 of the Companies Act 1985 ("the
Companies Act"), The Law Debenture Trust Corporation p.l.c. (a subsidiary of Law
Debenture Corporation) was no longer interested in 120,867,326 ordinary shares
of 25p each in the Company ("Ordinary Shares").
The Ordinary Shares are registered in the name of R&R Holdings SA ("R&R") and
were the subject of a charge created by R&R in favour of The Law Debenture Trust
Corporation p.l.c. ("Law Debenture Trust") in connection with an issue on 23
January 2003 by R&R of secured warrants exercisable into Ordinary Shares ("the
Interest"). The Notification advises that: (1) the Interest was released as of 4
June 2004 and therefore, for the purposes of the Companies Act, Law Debenture
Corporation (through its subsidiary, Law Debenture Trust) no longer has a
notifiable interest in the 120,867,326 Ordinary Shares as of 7 June 2004; and
(2) separately, Law Debenture Corporation continues to beneficially hold 590,000
Ordinary Shares.
Note:
R&R continues to have an unchanged (at 4 June 2004) and beneficial interest in a
total of 604,336,627 Ordinary Shares, being 27.92% of the Company's issued
ordinary share capital.
8 June 2004
Contact:
Geoffrey Cunnington
Assistant Secretary
British American Tobacco p.l.c.
020 7845 1925
Press Office:
David Betteridge/Theresa La Thangue
020 7845 2888
This information is provided by RNS
The company news service from the London Stock Exchange
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