Holding(s) in Company

RNS Number : 4238H

British American Tobacco PLC

04 November 2008

 

British American Tobacco p.l.c.

4 November 2008

British American Tobacco p.l.c. received the following notification on 4 November 2008:-

QUOTE

TR-1: Notification of Major Interests in Shares

1.   Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

British American Tobacco p.l.c.

2.   Reason for the notification (please state Yes/No)

      An acquisition or disposal of voting rights (No)

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached (No)

      An event changing the breakdown of voting rights (No)

Other: (Yes) A group restructuring has resulted in Remgro Limited becoming the top company of the group for the purposes of the DTRs.

3.   Full name of person(s) subject to the notification obligation:

      Remgro Limited

4.   Full name of shareholder(s) (if different from 3):

      Remgro Limited (indirect)

      Remgro International Holdings (Pty) Ltd (Indirect)

      Remgro Investments Limited (indirect)

      R&R Holdings S.A. (direct)

5.   Date of the transaction (and date on which the threshold is crossed or reached if different):  1 
      November 2008

6.   Date on which issuer notified:

4 November 2008

7.   Threshold(s) that is/are crossed or reached:

10%

8.   Notified details:

A. Voting rights attached to shares

Class/type of shares	Situation previous to the Triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of voting rights
				Direct	Indirect	Direct	Indirect
Ordinary shares of 25 pence each ISIN:   GB0002875804	0	0	0		214,300,000		10.7%

B. Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument	Expiration date	Exercise/Conversion Period/Date	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
N/A

Total (A+B)

Number of voting rights        % of voting rights

214,300,000            10.7%

9.    Chain of controlled undertakings through which the voting rights and/or the financial instruments are
       effectively held, if applicable:

R&R Holdings S.A. is a direct shareholder of ordinary shares issued by the issuer (holding 214,300,000 ordinary shares of 25 pence each). R&R Holdings S.A is a subsidiary of Remgro Investments Limited. Remgro Investments Limited is a subsidiary of Remgro International Holdings (Pty) Limited. Remgro International Holdings (Pty) Limited is a subsidiary of Remgro Limited. Therefore Remgro Limited is an indirect holder of 214,300,000 British American Tobacco p.l.c. ordinary shares and the person responsible to make this notification under the DTRs.

Proxy voting

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

The total number of voting rights in the issuer used to calculate the relevant percentages in this notification was 1,998,487,084, being the number disclosed by the issuer to the market on 3 November 2008.

Contact name: 

14. Mariza Lubbe

15. Contact telephone number:

[phone]

UNQUOTE

Geoffrey Cunnington

Deputy Secretary

British American Tobacco p.l.c.

Tel: [phone]

 

END

 

 

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