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BRITISH AMERICAN TOBACCO PLC - Notification and public disclosure of transactions by persons discharging managerial responsibilities

Release Date: 22/03/2024 12:40
Code(s): BTI     PDF:  
Wrap Text
Notification and public disclosure of transactions by persons discharging managerial responsibilities

British American Tobacco p.l.c.
Incorporated in England and Wales
(Registration number: 03407696)
Short name: BATS
Share code: BTI
ISIN number: GB0002875804
British American Tobacco p.l.c. (the "Company")


                                British American Tobacco p.l.c.

     Notification and public disclosure of transactions by persons discharging managerial
                   responsibilities and persons closely associated with them

Conditional Share Awards

On 20 March 2024, the Company granted awards of British American Tobacco p.l.c. 25p
ordinary shares (the "Shares") to persons discharging managerial responsibilities (the
"Participants") listed below under the British American Tobacco Restricted Share Plan at an
award price of 2,384 pence per Share. Awards under the British American Tobacco Restricted
Share Plan will vest after three years and no further performance conditions apply in that
period.


 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
a) Description of the financial
   instrument, type of
   instrument                       Ordinary shares of 25p each

     Identification code            GB0002875804

b) Nature of the transaction        Award of shares under the Restricted Share Plan

c)   Price(s) and volume(s)

                                     Price(s)                 Volume(s)

                                     £23.84                   15,646



d) Aggregated information

     - Aggregated volume            15,646

     - Price                        £373,000.64

e) Date of the transaction          2024-03-20

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

a) Description of the financial
   instrument, type of
   instrument                        Ordinary shares of 25p each

     Identification code             GB0002875804

b) Nature of the transaction         Award of shares under the Restricted Share Plan

c)   Price(s) and volume(s)

                                      Price(s)                 Volume(s)

                                      £23.84                   10,906



d) Aggregated information

     - Aggregated volume             10,906

     - Price                         £259,999.04

e) Date of the transaction           2024-03-20

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

a) Description of the financial
   instrument, type of
   instrument                        Ordinary shares of 25p each

     Identification code             GB0002875804

b) Nature of the transaction         Award of shares under the Restricted Share Plan

c)   Price(s) and volume(s)

                                      Price(s)                 Volume(s)

                                      £23.84                   16,359



d) Aggregated information

     - Aggregated volume             16,359

     - Price                         £389,998.56

e) Date of the transaction           2024-03-20

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

a) Description of the financial
   instrument, type of
   instrument                        Ordinary shares of 25p each

     Identification code             GB0002875804

b) Nature of the transaction         Award of shares under the Restricted Share Plan

c)   Price(s) and volume(s)

                                      Price(s)                 Volume(s)

                                      £23.84                   13,765



d) Aggregated information

     - Aggregated volume             13,765

     - Price                         £328,157.60

e) Date of the transaction           2024-03-20

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

a) Description of the financial
   instrument, type of
   instrument                        Ordinary shares of 25p each

     Identification code             GB0002875804

b) Nature of the transaction         Award of shares under the Restricted Share Plan

c)   Price(s) and volume(s)

                                      Price(s)                 Volume(s)

                                      £23.84                   17,722



d) Aggregated information

     - Aggregated volume             17,722

     - Price                         £422,492.48

e) Date of the transaction           2024-03-20

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

a) Description of the financial
   instrument, type of
   instrument                        Ordinary shares of 25p each

     Identification code             GB0002875804

b) Nature of the transaction         Award of shares under the Restricted Share Plan

c)   Price(s) and volume(s)

                                      Price(s)                 Volume(s)

                                      £23.84                   13,765



d) Aggregated information

     - Aggregated volume             13,765

     - Price                         £328,157.60

e) Date of the transaction           2024-03-20

f)   Place of the transaction        Outside a trading venue
1    Details of the person discharging managerial responsibilities / person closely
     associated

a) Name                              Cora Koppe-Stahrenberg

2    Reason for the notification

a) Position/status                   Chief People 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

a) Description of the financial
   instrument, type of
   instrument                        Ordinary shares of 25p each

     Identification code             GB0002875804

b) Nature of the transaction         Award of shares under the Restricted Share Plan

c)   Price(s) and volume(s)

                                      Price(s)                 Volume(s)

                                      £23.84                   17,116



d) Aggregated information

     - Aggregated volume             17,116

     - Price                         £408,045.44
e) Date of the transaction           2024-03-20

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

a) Description of the financial
   instrument, type of
   instrument                        Ordinary shares of 25p each

     Identification code             GB0002875804

b) Nature of the transaction         Award of shares under the Restricted Share Plan

c)   Price(s) and volume(s)

                                      Price(s)                 Volume(s)

                                      £23.84                   10,906



d) Aggregated information
     - Aggregated volume             10,906

     - Price                         £259,999.04

e) Date of the transaction           2024-03-20

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

a) Description of the financial
   instrument, type of
   instrument                        Ordinary shares of 25p each

     Identification code             GB0002875804

b) Nature of the transaction         Award of shares under the Restricted Share Plan

c)   Price(s) and volume(s)

                                      Price(s)                 Volume(s)

                                      £23.84                   12,716
d) Aggregated information

     - Aggregated volume             12,716

     - Price                         £303,149.44

e) Date of the transaction           2024-03-20

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

a) Description of the financial
   instrument, type of
   instrument                        Ordinary shares of 25p each

     Identification code             GB0002875804
b) Nature of the transaction         Award of shares under the Restricted Share Plan

c)   Price(s) and volume(s)

                                      Price(s)                 Volume(s)

                                      £23.84                   11,451



d) Aggregated information

     - Aggregated volume             11,451

     - Price                         £272,991.84

e) Date of the transaction           2024-03-20

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
a) Description of the financial
   instrument, type of
   instrument                       Ordinary shares of 25p each

     Identification code            GB0002875804

b) Nature of the transaction        Award of shares under the Restricted Share Plan

c)   Price(s) and volume(s)

                                     Price(s)                 Volume(s)

                                     £23.84                   19,630



d) Aggregated information

     - Aggregated volume            19,630

     - Price                        £467,979.20

e) Date of the transaction          2024-03-20

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

a) Description of the financial
   instrument, type of
   instrument                        Ordinary shares of 25p each

     Identification code             GB0002875804

b) Nature of the transaction         Award of shares under the Restricted Share Plan

c)   Price(s) and volume(s)

                                      Price(s)                 Volume(s)

                                      £23.84                   13,632



d) Aggregated information

     - Aggregated volume             13,632

     - Price                         £324,986.88

e) Date of the transaction           2024-03-20

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

 a) Description of the financial
    instrument, type of
    instrument                        Ordinary shares of 25p each

      Identification code             GB0002875804

 b) Nature of the transaction         Award of shares under the Restricted Share Plan

 c)   Price(s) and volume(s)

                                       Price(s)                 Volume(s)

                                       £23.84                   18,978



 d) Aggregated information

      - Aggregated volume             18,978

      - Price                         £452,435.52

 e) Date of the transaction           2024-03-20

 f)   Place of the transaction        Outside a trading venue




 Name of officer of issuer responsible for making notification: Nancy Jiang

 Date of notification: 22 March 2024



22 March 2024

Sponsor: Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities

Date: 22-03-2024 12:40:00
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