NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Notification made in accordance with Disclosure Rule 3.1.4R(1)(a) of the Disclosure and Transparency Rules.
1. The independent Trustee of the British American Tobacco Group Employee Trust notified the Company on 25 March 2011 that it had on 24 March 2011 released the following number of British American Tobacco p.l.c. 25p ordinary shares (the "Shares") to the following persons discharging managerial responsibility:
Participant |
Share Scheme
Deferred Share Bonus Scheme ("DSBS") Long-Term Incentive |
Shares released from DSBS and LTIP Awards |
No. of Shares sold |
No. of Shares sold to cover tax liability |
Price at which Shares sold |
Net No. of Shares acquired |
J B Stevens |
2008 DSBS |
6,655 |
6,655 |
n/a |
£23.660000 |
0 |
J Bowles
|
2008 DSBS
2008 LTIP |
2,932
10,167 |
2,932
10,167 |
n/a
n/a |
£23.660000
£23.848999 |
0
0 |
2. On 25 March 2011, the Company granted an award of British American Tobacco p.l.c. 25p ordinary shares to the Executive Directors of British American Tobacco and other persons discharging managerial responsibilities (the "Participants") listed below under the Deferred Share Bonus Scheme at an award price of 2377 pence per Share. Awards under the Deferred Share Bonus Scheme are conditional awards of shares which are held in trust for three years and no further performance conditions apply in that period.
Participant |
Deferred Shares Awarded |
Total Beneficial Interests following this Notification |
N Durante |
22,056 |
183,181 |
J P Daly |
17,833 |
70,252 |
J B Stevens* |
23,702 |
143,643 |
J Bowles* |
7,288 |
43,250 |
M M Cobben |
10,026 |
147,149 |
D S Fell |
9,877 |
47,257 |
A M Gray |
10,124 |
59,144 |
J-M Levy |
10,618 |
50,011 |
D J Naughton |
6,856 |
18,717 |
M C T Prideaux |
11,359 |
121,964 |
P H Taylor |
10,248 |
154,398 |
N R Withington |
11,359 |
153,426 |
* Balances take account of transactions stated in paragraph 1 above.
Name of duly authorised officer of issuer responsible for making notification:
Bridget Creegan
Assistant Secretary
Tel: 020 7845 1927
28 March 2011
Enquiries:
Investor Relations
Ralph Edmondson/Maya Farhat +44 20 7845 1180/1977
British American Tobacco Press Office
Kate Matrunola/Cat Armstrong/Christina Dona +44 20 7845 2888