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BRITISH AMERICAN TOBACCO PLC - Correction: Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities

Release Date: 11/12/2023 12:30
Code(s): BTI     PDF:  
Wrap Text
Correction: 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." or "the Company")

                               British American Tobacco p.l.c.

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

This announcement replaces the notification of PDMR dealings released on 9 May 2023 at
16:00hrs GMT, 24 August 2023 at 15:40hrs GMT and 13 November 2023 at 15:00hrs GMT.
Due to an administrative error, the number of Deferred Stock Units credited to Holly Keller
Koeppel were incorrectly reported. The total overstatement is 9.75 units, and the
announcement below has been corrected to reflect these changes. All other information
remains the same.

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a) Name                               Holly Keller Koeppel
 2   Reason for the notification
 a) Position/status                    Non-Executive Director
 b) Initial notification
                                       Amendment
    /Amendment
 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       Deferred Stock Units ("DSUs") tracking the value of
    instrument, type of                British American Tobacco p.l.c. American
    instrument                         Depositary Shares ("ADSs") in accordance with the
                                       terms of the Reynolds American Inc. Amended and
                                       Restated Deferred Compensation Plan.

                                       N/A because the transaction relates to financial
     Identification code               instruments linked to the issuer's ADSs
b) Nature of the transaction         Credit of additional DSUs by reference to the value
                                     of dividends declared on the ADSs underlying the
                                     DSUs.
c)   Price(s) and volume(s)
                                      Price(s)                 Volume(s)

                                      $Nil                     577.48


d) Aggregated information


     - Aggregated volume             577.48

     - Price                         $Nil

e) Date of the transaction           2023-05-08
f)   Place of the transaction        Outside a trading venue



1    Details of the person discharging managerial responsibilities/person closely
     associated
a) Name                              Holly Keller Koeppel
2    Reason for the notification
a) Position/status                   Non-Executive Director
b) Initial notification
                                     Amendment
   /Amendment
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      Deferred Stock Units ("DSUs") tracking the value of
   instrument, type of               British American Tobacco p.l.c. American
   instrument                        Depositary Shares ("ADSs") in accordance with the
                                     terms of the Reynolds American Inc. Amended and
                                     Restated Deferred Compensation Plan.
                                     N/A because the transaction relates to financial
     Identification code             instruments linked to the issuer's ADSs
b) Nature of the transaction         Credit of additional DSUs by reference to the value
                                     of dividends declared on the ADSs underlying the
                                     DSUs.
c)   Price(s) and volume(s)
                                      Price(s)                 Volume(s)

                                      $Nil                     670.27


d) Aggregated information


     - Aggregated volume             670.27

     - Price                         $Nil

e) Date of the transaction           2023-08-23
f)   Place of the transaction        Outside a trading venue



1    Details of the person discharging managerial responsibilities/person closely
     associated
a) Name                              Holly Keller Koeppel
2    Reason for the notification
a) Position/status                   Non-Executive Director
b) Initial notification
                                     Amendment
   /Amendment
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      Deferred Stock Units ("DSUs") tracking the value of
   instrument, type of               British American Tobacco p.l.c. American
   instrument                        Depositary Shares ("ADSs") in accordance with the
                                     terms of the Reynolds American Inc. Amended and
                                      Restated Deferred Compensation Plan.

                                      N/A because the transaction relates to financial
      Identification code             instruments linked to the issuer's ADSs
 b) Nature of the transaction        Credit of additional DSUs by reference to the value
                                     of dividends declared on the ADSs underlying the
                                     DSUs.
 c)   Price(s) and volume(s)
                                       Price(s)                 Volume(s)

                                       $Nil                     689.57


 d) Aggregated information


      - Aggregated volume             689.57

      - Price                         $Nil

 e) Date of the transaction          2023-11-08
 f)   Place of the transaction        Outside a trading venue


11 December 2023

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

Date: 11-12-2023 12:30:00
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