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." or "the Company")
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
Conditional Share Awards
On 27 March 2017, the Company granted awards of British American Tobacco p.l.c. 25p
ordinary shares (the “Shares”) to the Executive Directors and other persons discharging
managerial responsibilities (the “Participants”) listed below under the British American Tobacco
Long-Term Incentive Plan for nil consideration. The awards for the Executive Directors are
exercisable from 27 March 2022 to 26 March 2027 and the awards for the other Participants are
exercisable from 27 March 2020 to 26 March 2027, subject to the satisfaction of performance
conditions specified on the award date. The maximum number of shares comprised in the awards
granted to the Participants which could vest if the performance conditions are met in full is shown
under the name of each Participant set out below:
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Nicandro Durante
2 Reason for the notification
a) Position/status Chief Executive
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 Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 114,181
d) Aggregated information
- Aggregated volume 114,181
- Price £nil
e) Date of the transaction 2017-03-27
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name John Benedict Stevens
2 Reason for the notification
a) Position/status Finance Director
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 Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 58,232
d) Aggregated information
- Aggregated volume 58,232
- Price £nil
e) Date of the transaction 2017-03-27
f) Place of the transaction London Stock Exchange (XLON)
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 & External Affairs 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 Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 19,583
d) Aggregated information
- Aggregated volume 19,583
- Price £nil
e) Date of the transaction 2017-03-27
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Jack Bowles
2 Reason for the notification
a) Position/status Regional Director, Asia-Pacific
b) Initial notification
Initial notification
/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 N/A
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 Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 26,463
d) Aggregated information
- Aggregated volume
26,463
- Price
£nil
e) Date of the transaction 2017-03-27
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Alan Davy
2 Reason for the notification
a) Position/status Director, Operations
b) Initial notification
Initial notification
/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 N/A
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 Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 19,099
d) Aggregated information
- Aggregated volume
19,099
- Price
£nil
e) Date of the transaction 2017-03-27
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Giovanni Giordano
2 Reason for the notification
a) Position/status Director, Group Human Resources
b) Initial notification Initial notification
/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
instrument, type of instrument Ordinary shares of 25p each
Identification code GB0002875804
b) Nature of the transaction Award of shares under the Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 24,966
d) Aggregated information
- Aggregated volume 24,966
- Price £nil
e) Date of the transaction 2017-03-27
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Andrew Gray
2 Reason for the notification
a) Position/status Director, Marketing
b) Initial notification
Initial notification
/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 N/A
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 Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 27,197
d) Aggregated information
- Aggregated volume
27,197
- Price
£nil
e) Date of the transaction 2017-03-27
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Tadeu Marroco
2 Reason for the notification
a) Position/status Regional Director, Western Europe
b) Initial notification Initial notification
/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
instrument, type of instrument Ordinary shares of 25p each
Identification code GB0002875804
b) Nature of the transaction Award of shares under the Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 21,109
d) Aggregated information
- Aggregated volume 21,109
- Price £nil
e) Date of the transaction 2017-03-27
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name David O’Reilly
2 Reason for the notification
a) Position/status Group Scientific Director
b) Initial notification
Initial notification
/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 N/A
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 Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 17,674
d) Aggregated information
- Aggregated volume
17,674
- Price
£nil
e) Date of the transaction 2017-03-27
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Ricardo Oberlander
2 Reason for the notification
a) Position/status Regional Director, Americas
b) Initial notification
Initial notification
/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 N/A
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 Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 21,996
d) Aggregated information
- Aggregated volume 21,996
- Price £nil
e) Date of the transaction 2017-03-27
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Naresh Sethi
2 Reason for the notification
a) Position/status Director, Business Development
b) Initial notification Initial notification
/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
instrument, type of instrument Ordinary shares of 25p each
Identification code GB0002875804
b) Nature of the transaction Award of shares under the Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 21,545
d) Aggregated information
- Aggregated volume 21,545
- Price £nil
e) Date of the transaction 2017-03-27
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Johan Vandermeulen
2 Reason for the notification
a) Position/status Regional Director, Eastern Europe, Middle East and
Africa
b) Initial notification Initial notification
/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
instrument, type of instrument Ordinary shares of 25p each
Identification code GB0002875804
b) Nature of the transaction Award of shares under the Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 21,195
d) Aggregated information
- Aggregated volume 21,195
- Price £nil
e) Date of the transaction 2017-03-27
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Kingsley Wheaton
2 Reason for the notification
a) Position/status Managing Director, Next Generation Products
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 N/A
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 Long-Term Incentive
Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 21,382
d) Aggregated information
- Aggregated volume 21,382
- Price £nil
e) Date of the transaction 2017-03-27
f) Place of the transaction London Stock Exchange (XLON)
30 March 2017
Sponsor: UBS South Africa (Pty) Ltd
Date: 30/03/2017 05:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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