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

Release Date: 31/03/2022 17:15
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." or "the Company")
British American Tobacco p.l.c.


                                British American Tobacco p.l.c.

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

On 29 March 2022 the independent Trustee of the British American Tobacco Group Employee
Trust released the following number of British American Tobacco p.l.c. 25p ordinary shares
(the “Shares”) granted to the following Executive Directors and persons discharging
managerial responsibilities under the 2019 Deferred Share Bonus Scheme (“2019 Award”).
Subsequent sales of shares are also set out below.

 1     Details of the person discharging managerial responsibilities/person closely
       associated
 a) Name                               Jack Bowles
 2     Reason for the notification
 a) Position/status                    Chief Executive

 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
 Transaction 1
a) Description of the financial
   instrument, type of
   instrument                     Ordinary shares of 25p each

     Identification code          GB0002875804

b) Nature of the transaction      Shares released under the Deferred Share Bonus
                                  Scheme (2019 Award)

c)   Price(s) and volume(s)
                                   Price(s)                  Volume(s)

                                   £30.83                    26,192


d) Aggregated information

     - Aggregated volume          26,192

     - Price                      £30.83

e) Date of the transaction        2022-03-29

f)   Place of the transaction     London Stock Exchange (XLON)

Transaction 2
a) Description of the financial
    instrument, type of
    instrument                    Ordinary shares of 25p each

     Identification code          GB0002875804

b) Nature of the transaction      Sale of shares to meet tax liability arising on vesting
                                  of Deferred Share Bonus Scheme (2019 Award)

c)   Price(s) and volume(s)
                                   Price(s)                  Volume(s)


                                   £32.99                    12,313



d) Aggregated information
     - Aggregated volume             12,313

     - Price                         £32.99

e) Date of the transaction           2022-03-29

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                   Finance and Transformation 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                               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
Transaction 1
a) Description of the financial
   instrument, type of
   instrument                        Ordinary shares of 25p each

     Identification code             GB0002875804

b) Nature of the transaction         Shares released under the Deferred Share Bonus
                                     Scheme (2019 Award)
c)   Price(s) and volume(s)
                                   Price(s)                  Volume(s)

                                   £30.83                    13,233


d) Aggregated information

     - Aggregated volume          13,233

     - Price                      £30.83

e) Date of the transaction        2022-03-29

f)   Place of the transaction     London Stock Exchange (XLON)

Transaction 2
a) Description of the financial
    instrument, type of
    instrument                    Ordinary shares of 25p each

     Identification code          GB0002875804

b) Nature of the transaction      Sale of shares to meet tax liability arising on vesting
                                  of Deferred Share Bonus Scheme (2019 Award)

c)   Price(s) and volume(s)
                                   Price(s)                  Volume(s)


                                   £32.99                    6,222



d) Aggregated information

     - Aggregated volume          6,222

     - Price                      £32.99

e) Date of the transaction        2022-03-29

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

Transaction 1
a) Description of the financial
    instrument, type of
    instrument                       Ordinary shares of 25p each

     Identification code             GB0002875804

b) Nature of the transaction         Shares released under the Deferred Share Bonus
                                     Scheme (2019 Award)

c)   Price(s) and volume(s)
                                      Price(s)                 Volume(s)


                                      £30.83                   13,785



d) Aggregated information

     - Aggregated volume             13,785
     - Price                        £30.83


e) Date of the transaction          2022-03-29

f)   Place of the transaction       London Stock Exchange (XLON)

Transaction 2
a) Description of the financial
    instrument, type of
    instrument                      Ordinary shares of 25p each

     Identification code            GB0002875804

b) Nature of the transaction        Sale of shares to meet tax liability arising on vesting
                                    of Deferred Share Bonus Scheme (2019 Award)

c)   Price(s) and volume(s)
                                     Price(s)                  Volume(s)


                                     £32.99                    6,481



d) Aggregated information

     - Aggregated volume            6,481

     - Price                        £32.99

e) Date of the transaction          2022-03-29

f)   Place of the transaction       London Stock Exchange (XLON)



1    Details of the person discharging managerial responsibilities / person closely
     associated

a) Name                             Luciano Comin

2    Reason for the notification

a) Position/status                  Regional Director, Americas and Sub-Saharan 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

Transaction 1
a) Description of the financial
    instrument, type of
    instrument                       Ordinary shares of 25p each

     Identification code             GB0002875804

b) Nature of the transaction         Shares released under the Deferred Share Bonus
                                     Scheme (2019 Award)

c)   Price(s) and volume(s)
                                      Price(s)                 Volume(s)


                                      £30.83                   5,084


d) Aggregated information

     - Aggregated volume             5,084

     - Price                         £30.83

e) Date of the transaction           2022-03-29

f)   Place of the transaction        London Stock Exchange (XLON)

Transaction 2
a) Description of the financial
    instrument, type of
    instrument                       Ordinary shares of 25p each

     Identification code             GB0002875804
b) Nature of the transaction         Sale of shares to meet tax liability arising on vesting
                                     of Deferred Share Bonus Scheme (2019 Award)

c)   Price(s) and volume(s)
                                      Price(s)                  Volume(s)


                                      £32.99                    2,392



d) Aggregated information

     - Aggregated volume             2,392

     - Price                         £32.99

e) Date of the transaction           2022-03-29

f)   Place of the transaction        London Stock Exchange (XLON)




1    Details of the person discharging managerial responsibilities/person closely
     associated
a) Name                              Hae In Kim
2    Reason for the notification
a) Position/status                   Director, Talent, Culture and Inslusion

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
Transaction 1
a) Description of the financial
   instrument, type of
   instrument                     Ordinary shares of 25p each

     Identification code          GB0002875804

b) Nature of the transaction      Shares released under the Deferred Share Bonus
                                  Scheme (2019 Award)

c)   Price(s) and volume(s)
                                   Price(s)                  Volume(s)

                                   £30.83                    3,798


d) Aggregated information

     - Aggregated volume          3,798

     - Price                      £30.83

e) Date of the transaction        2022-03-29

f)   Place of the transaction     London Stock Exchange (XLON)

Transaction 2
a) Description of the financial
    instrument, type of
    instrument                    Ordinary shares of 25p each

     Identification code          GB0002875804

b) Nature of the transaction      Sale of shares to meet tax liability arising on vesting
                                  of Deferred Share Bonus Scheme (2019 Award)

c)   Price(s) and volume(s)
                                   Price(s)                  Volume(s)


                                   £32.99                    1,787



d) Aggregated information
     - Aggregated volume             1,787

     - Price                         £32.99

e) Date of the transaction           2022-03-29

f)   Place of the transaction        London Stock Exchange (XLON)



1    Details of the person discharging managerial responsibilities / person closely
     associated

a) Name                              Paul Lageweg

2    Reason for the notification

a) Position/status                   Director, 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

Transaction 1
a) Description of the financial
    instrument, type of
    instrument                       Ordinary shares of 25p each

     Identification code             GB0002875804

b) Nature of the transaction         Shares released under the Deferred Share Bonus
                                     Scheme (2019 Award)

c)   Price(s) and volume(s)
                                      Price(s)                  Volume(s)
                                   £30.83                    5,265


d) Aggregated information

     - Aggregated volume          5,265

     - Price                      £30.83


e) Date of the transaction        2022-03-29

f)   Place of the transaction     London Stock Exchange (XLON)

Transaction 2
a) Description of the financial
    instrument, type of
    instrument                    Ordinary shares of 25p each

     Identification code          GB0002875804

b) Nature of the transaction      Sale of shares to meet tax liability arising on vesting
                                  of Deferred Share Bonus Scheme (2019 Award)

c)   Price(s) and volume(s)
                                   Price(s)                  Volume(s)


                                   £32.99                    2,477



d) Aggregated information

     - Aggregated volume          2,477

     - Price                      £32.99

e) Date of the transaction        2022-03-29

f)   Place of the transaction     London Stock Exchange (XLON)
1    Details of the person discharging managerial responsibilities / person closely
     associated

a) Name                              Guy Meldrum

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


Transaction 1
a) Description of the financial
   instrument, type of
   instrument                        Ordinary shares of 25p each

     Identification code             GB0002875804

b) Nature of the transaction         Shares released under the Deferred Share Bonus
                                     Scheme (2019 Award)

c)   Price(s) and volume(s)
                                      Price(s)                 Volume(s)


                                      £30.83                   5,651


d) Aggregated information

     - Aggregated volume             5,651

     - Price                         £30.83
e) Date of the transaction          2022-03-29

f)   Place of the transaction       London Stock Exchange (XLON)

Transaction 2
a) Description of the financial
    instrument, type of
    instrument                      Ordinary shares of 25p each

     Identification code            GB0002875804

b) Nature of the transaction        Sale of shares to meet tax liability arising on vesting
                                    of Deferred Share Bonus Scheme (2019 Award)

c)   Price(s) and volume(s)
                                     Price(s)                  Volume(s)


                                     £32.99                     2,658



d) Aggregated information

     - Aggregated volume            2,658

     - Price                        £32.99

e) Date of the transaction          2022-03-29

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                  Director, Scientific Research

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
Transaction 1
a) Description of the financial
   instrument, type of               Ordinary shares of 25p each
   instrument

     Identification code             GB0002875804
b) Nature of the transaction         Shares released under the Deferred Share Bonus
                                     Scheme (2019 Award)
c)   Price(s) and volume(s)
                                      Price(s)                  Volume(s)

                                      £30.83                    11,028


d) Aggregated information

     - Aggregated volume             11,028

     - Price                         £30.83

e) Date of the transaction           2022-03-29
f) Place of the transaction          London Stock Exchange (XLON)
Transaction 2
a) Description of the financial
    instrument, type of
    instrument                       Ordinary shares of 25p each

     Identification code             GB0002875804

b) Nature of the transaction         Sale of shares to meet tax liability arising on vesting
                                     of Deferred Share Bonus Scheme (2019 Award)

c)   Price(s) and volume(s)
                                      Price(s)                  Volume(s)


                                      £32.99                    5,185
d) Aggregated information
                                     5,185
     - Aggregated volume
                                     £32.99
     - Price

e) Date of the transaction           2022-03-29

f)   Place of the transaction        London Stock Exchange (XLON)




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 and Middle East
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
Transaction 1
a) Description of the financial
   instrument, type of               Ordinary shares of 25p each
   instrument
                                     GB0002875804
     Identification code
b) Nature of the transaction         Shares released under the Deferred Share Bonus
                                     Scheme (2019 Award)
c)   Price(s) and volume(s)
                                   Price(s)                  Volume(s)

                                   £30.83                    2,827


d) Aggregated information

     - Aggregated volume          2,827

     - Price                      £30.83

e) Date of the transaction        2022-03-29
f) Place of the transaction       London Stock Exchange (XLON)
Transaction 2
a) Description of the financial
    instrument, type of
    instrument                    Ordinary shares of 25p each

     Identification code          GB0002875804

b) Nature of the transaction      Sale of shares to meet tax liability arising on vesting
                                  of Deferred Share Bonus Scheme (2019 Award)

c)   Price(s) and volume(s)
                                   Price(s)                  Volume(s)


                                   £32.99                    1,331



d) Aggregated information

     - Aggregated volume          1,331

     - Price                      £32.99

e) Date of the transaction        2022-03-29

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, 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

Transaction 1
a) Description of the financial
   instrument, type of
   instrument                        Ordinary shares of 25p each

     Identification code             GB0002875804

b) Nature of the transaction         Shares released under the Deferred Share Bonus
                                     Scheme (2019 Award)

c)   Price(s) and volume(s)
                                      Price(s)                   Volume(s)


                                      £30.83                     13,785



d) Aggregated information

     - Aggregated volume             13,785
     - Price                        £30.83

e) Date of the transaction          2022-03-29

f)   Place of the transaction       London Stock Exchange (XLON)

Transaction 2
a) Description of the financial
    instrument, type of
    instrument                      Ordinary shares of 25p each

     Identification code            GB0002875804

b) Nature of the transaction        Sale of shares to meet tax liability arising on vesting
                                    of Deferred Share Bonus Scheme (2019 Award)

c)   Price(s) and volume(s)
                                     Price(s)                  Volume(s)


                                     £32.99                     6,481



d) Aggregated information

     - Aggregated volume            6,481

     - Price                        £32.99

e) Date of the transaction          2022-03-29

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                  Chief Marketing Officer

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
Transaction 1
a) Description of the financial
   instrument, type of
   instrument                        Ordinary shares of 25p each

     Identification code             GB0002875804


b) Nature of the transaction         Shares released under the Deferred Share Bonus
                                     Scheme (2019 Award)
c)   Price(s) and volume(s)
                                      Price(s)                  Volume(s)

                                      £30.83                    13,785


d) Aggregated information

     - Aggregated volume             13,785

     - Price                         £30.83

e) Date of the transaction           2022-03-29

f)   Place of the transaction        London Stock Exchange (XLON)

Transaction 2
a) Description of the financial
    instrument, type of
    instrument                       Ordinary shares of 25p each

     Identification code             GB0002875804

b) Nature of the transaction         Sale of shares to meet tax liability on vesting of
                                     Deferred Share Bonus Scheme (2019 Award)

c)   Price(s) and volume(s)
                                           Price(s)                 Volume(s)


                                           £32.99                   6,481



 d) Aggregated information
                                          6,481
      - Aggregated volume
                                          £32.99
      - Price

 e) Date of the transaction               2022-03-29

 f)   Place of the transaction            London Stock Exchange (XLON)



31 March 2022

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

Date: 31-03-2022 05:15:00
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