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BRITISH AMERICAN TOBACCO PLC - Notification of transactions of directors, persons discharging managerial responsibility or connected persons

Release Date: 31/03/2016 15:30
Code(s): BTI     PDF:  
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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

Notifications made in accordance with Disclosure Rule 3.1.4R(1)(a) of the Disclosure Rules
and Transparency Rules.

1.   The Company was notified on 30 March 2016 that the independent Trustee of the
     British American Tobacco Group Employee Trust had on 22 March 2016 released the
     following number of British American Tobacco p.l.c. 25p ordinary shares (the “Shares”)
     granted to the following persons discharging managerial responsibilities under the
     2013 Deferred Share Bonus Scheme (“2013 DSBS”):

      Participant             No. of Shares No. of Shares             Price at          Net No. of
                              released from          sold        which Shares             Shares
                                2013 DSBS                                 sold           acquired
                                     Award                            (pence)
      J B Abelman                     2,562             0                 N/A               2,562

      J Bowles                        7,287             3,275           3,983.00            4,012
      R Oberlander                    2,542              900            3,983.00            1,642

2.   The Company was notified on 30 March 2016 that the independent Trustee of the
     British American Tobacco Group Employee Trust had on 23 March 2016 released the
     following number of Shares granted to the following persons discharging managerial
     responsibilities under the 2013 Long-Term Incentive Plan (“2013 LTIP”):

      Participant       Total No.    No. of        No. of     No. of         Price at     Net No.
                               of   Shares        Shares     Shares            which           of
                         Shares     Lapsed      released       Sold       Shares sold     Shares
                           under              from 2013
                                                                             (pence)      acquire
                            2013                    LTIP
                            LTIP                   Award                                        d
                          Award
      J B Abelman          5,423     4,881             542       150      3,997.6533          392

      D O’Reilly          17,689    16,151        1,538         1,138     4,009.6495          400

      K Wheaton           18,830    17,192        1,638         1,214     3,990.6501          424


3.   The Company was notified on 31 March 2016 that on 30 March 2016 Mr Jack Bowles,
     a person discharging managerial responsibilities, had sold 47,532 Shares at a price of
     4,031.00 pence per Share.

4.   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
      J B Abelman                             35,155 (including 5,051 Deferred Shares)
      J Bowles                               43,860 (including 15,700 Deferred Shares)
      R Oberlander                           48,318 (including 12,848 Deferred Shares)
      D O’Reilly                             20,509 (including 10,477 Deferred Shares)
      K Wheaton                              13,260 (including 10,971 Deferred Shares)


31 March 2016


Sponsor: UBS South Africa (Pty) Ltd

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