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BRITISH AMERICAN TOBACCO PLC - Close Period Share Repurchase Programme

Release Date: 01/10/2012 08:01
Code(s): BTI     PDF:  
Wrap Text
Close Period Share Repurchase Programme

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")    
 
Close Period Share Repurchase Programme 
 
British American Tobacco p.l.c. (the “Company”) announces that it will commence an irrevocable, 
non-discretionary programme to purchase shares on its own behalf during the period commencing 
on 1 October 2012 up to and including 23 October 2012.  The shares repurchased will be put into 
treasury, rather than being cancelled.  Whilst the shares are held in treasury, no dividends will be 
paid on them and they will have no voting rights. 
 
The buy-back programme will be managed by an independent third party, which makes its trading 
decisions in relation to the Company’s securities independently of, and uninfluenced by, the 
Company. 
 
Any acquisitions will be effected within certain pre-set parameters, and in accordance with both the 
Company’s  general  authority  to  repurchase  shares  and  Chapter  12  of  the  Listing  Rules  which 
requires that the maximum price is an amount equal to 105 per cent of the average market value of 
the  Company’s  shares  for  the  five  business  days  immediately  preceding  the  date  on  which  the 
Company’s shares are purchased. 
 
The Company confirms that it currently has no unpublished price sensitive information. 
 
1 October 2012 
 
Sponsor: UBS South Africa (Pty) Ltd 

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