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BTI - British American Tobacco p.l.c - Notification of Transactions of
Directors, Persons Discharging Managerial Responsibility or Connected Persons
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 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 Rules and Transparency Rules.
1. The independent Trustee of the British American Tobacco Group Employee
Trust notified the Company on 29 March 2012 that it had on 27 March 2012
released the following number of British American Tobacco p.l.c. 25p
ordinary shares (the "Shares") to the following Executive Directors and
persons discharging managerial responsibility:
Participant Share Scheme Shares No. of No. of Price at Net No.
release Shares Shares which of Shares
Deferred d from sold sold to Shares sold acquired
Share Bonus DSBS cover tax (pence)
Scheme and liability
("DSBS") LTIP
Long-Term Awards
Incentive
Plan
("LTIP")
N Durante 2009 DSBS 29,164 29,164 N/A 3200.0000 0
2009 LTIP 94,996 94,996 N/A 3204.0500 0
J B Stevens 2009 DSBS 26,114 26,114 N/A 3200.0000 0
2009 LTIP 88,663 88,663 N/A 3238.7700 0
J P Daly 2009 DSBS 15,151 15,151 N/A 3200.0000 0
J Bowles 2009 DSBS 6,965 N/A 3,208 3200.0000 3,757
D J 2009 DSBS 4,512 N/A 393 3200.0000 4,119
Naughton
M M Cobben 2009 DSBS 13,857 13,857 N/A 3200.0000 0
2009 LTIP 47,498 47,498 N/A 3193.8299 0
D S Fell 2009 DSBS 10,612 10,612 N/A 3200.0000 0
2009 LTIP 41,798 41,798 N/A 3215.2000 0
A M Gray 2009 DSBS 13,857 N/A 7,209 3200.0000 6,648
J-M Levy 2009 DSBS 11,953 11,953 N/A 3200.0000 0
2009 LTIP 47,498 47,498 N/A 3200.9499 0
D O`Reilly 2009 DSBS 3,239 2,462 N/A 3200.0000 777
2009 LTIP 6,649 5,054 N/A 3204.7600 1,595
M C T 2009 DSBS 15,982 15,982 N/A 3200.0000 0
Prideaux
2009 LTIP 54,781 54,781 N/A 3232.0200 0
N Sethi 2009 DSBS 2,161 2,161 N/A 3200.0000 0
N R 2009 DSBS 15,982 15,982 N/A 3200.0000 0
Withington
2. On 28 March 2012, 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 3208 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
N Durante 31,172
J B Stevens 21,041
J P Daly 18,235
J Bowles 8,626
M M Cobben 8,837
D S Fell 8,732
G Giordano 5,523
A M Gray 9,468
J-M Levy 9,889
D J Naughton 7,890
D O`Reilly 2,461
M C T 9,889
Prideaux
N Sethi 3,282
K Wheaton 3,219
N R 9,889
Withington
3. Further, on 28 March 2012, the Company granted awards of British American
Tobacco p.l.c. 25p ordinary shares (the "Shares") to Executive Directors of
British American Tobacco and other persons discharging managerial
responsibilities listed below (the "Participants") under the British
American Tobacco 2007 Long Term Incentive Plan at an award price of 3208
pence per Share. The awards are exercisable from 28 March 2015 to 27 March
2022, 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 opposite the name of each Participant set out
below:
Participant No. of Shares
comprised in Award
N Durante 124,688
J B Stevens 70,137
J P Daly 60,785
J Bowles 25,561
M M Cobben 26,184
D S Fell 25,872
G Giordano 46,290
A M Gray 28,054
J-M Levy 29,301
D J Naughton 23,379
D O`Reilly 19,326
M C T 29,301
Prideaux
N Sethi 23,067
K Wheaton 20,573
N R 29,301
Withington
4. On 28 March 2012, the Company granted options over British American Tobacco
5.p.l.c. 25p ordinary shares (the "Shares") to the Executive Director and
person discharging managerial responsibilities below (the "Participant")
under the British American Tobacco Sharesave Scheme, at an option price of
2536 pence per Share:
Participant Shares under Option exercise period
option
N Durante 591 1 May 2017 to 31
October 2017
G Giordano 212 1 May 2015 to 31
236 October 2015
1 May 2017 to 31
October 2017
5. The independent Trustee of the British American Tobacco Group Employee
Trust notified the Company on 30 March 2012 that it had on 29 March 2012
released the following number of British American Tobacco p.l.c. 25p
ordinary shares (the "Shares") to the following Executive Director and
person discharging managerial responsibility:
Participant Share Shares No. of No. of Price at Net No.
Scheme released Shares Shares sold which of Shares
from sold to cover tax Shares acquired
Long-Term LTIP liability sold
Incentive Awards (pence)
Plan
("LTIP")
J P Daly 2009 LTIP 51,931 N/A N/A N/A 51,931
6. Following the above transactions, the total beneficial and family interests
in British American Tobacco p.l.c. 25p ordinary shares of the following
persons discharging managerial responsibilities was as follows:
Participant Total Beneficial and Family Interests
following this Notification
N Durante 221,928* (including 70,233 Deferred
Shares)
J B Stevens 119,072 (including 60,668 Deferred
Shares)
J P Daly 133,143 (including 44,669 Deferred
Shares)
J Bowles 42,473 (including 21,773 Deferred
Shares)
M M Cobben 142,516 (including 26,756 Deferred
Shares)
D S Fell 45,584 (including 25,692 Deferred
Shares)
G Giordano 5,543 (including 5,523 Deferred Shares)
A M Gray 61,618 (including 27,485 Deferred
Shares)
J-M Levy 48,059 (including 28,400 Deferred
Shares)
D J Naughton 26,443 (including 17,513 Deferred
Shares)
D O`Reilly 10,550 (including 7,323 Deferred
Shares)
M C T 134,270 (including 30,274 Deferred
Prideaux Shares)
N Sethi 31,402 (including 8,475 Deferred
Shares)
K Wheaton 8,326 (including 7,393 Deferred Shares)
N R 148,329 (including 30,274 Deferred
Withington Shares)
* This balance has been adjusted to take account of an understatement of 720
shares made in previous announcements since 3 February 2012.
2 April 2012
Sponsor: UBS South Africa (Pty) Ltd
Date: 02/04/2012 07:21:22 Supplied by www.sharenet.co.za
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