Wrap Text
Notification of transactions
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 5 April 2016 that the independent Trustee of the British
American Tobacco Group Employee Trust had on 31 March 2016 released the
following number of British American Tobacco p.l.c. 25p ordinary shares (the “Shares”)
granted to the following person discharging managerial responsibilities under the 2013
Long-Term Incentive Plan (“2013 LTIP”):
Participant Total No. of No. of No. of Price at Net No.
No. of Shares Shares Shares which of
Shares Lapsed released Sold Shares Shares
under from 2013
sold acquired
2013 LTIP
LTIP Award (pence)
Award
J Vandermeulen 6,518 5,867 651 651 4,075.00 0
Mr Vandermeulen’s 2013 LTIP Award will be cash settled by the Company.
2. The Company was notified on 5 April 2016 by the trustees of the British American
Tobacco Employee Share Ownership Plan and the British American Tobacco
International Employee Share Ownership Plan (together the “Plans”) that on 1 April
2016 Shares were awarded to the Executive Directors and other persons discharging
managerial responsibilities listed below by way of the Share Reward Scheme and the
International Share Reward Scheme respectively (the Free Shares element of the
Plans) at a price of 4,090 pence per Share.
The number of Shares awarded to each Participant was as follows:
British American Tobacco Shares
Participant
Awarded
N Durante 88
J B Stevens 88
J B Abelman 88
J Bowles 88
A Davy 88
G Giordano 88
A M Gray 88
T L Marroco 88
R Oberlander 88
D O’Reilly 88
N K Sethi 88
J Vandermeulen 88
K Wheaton 88
3. The Company was notified on 5 April 2016 by the trustee of the British American
Tobacco International Employee Share Ownership Plan (the “Plan”) (the “Trustee”)
that on 4 April 2016 awards of Shares made under the 2013 International Share
Reward Scheme (“ISRS”) had vested and, in accordance with the rules of the Plan, the
Trustee had transferred accrued dividend shares to the person discharging managerial
responsibilities as follows:
Participant Shares Dividend No. of Price at Net No. of
vested under Shares Shares which Shares
2013 ISRS Transferred sold Shares sold acquired
Award (pence)
J Bowles 71 5 35 4,098.00 41
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
N Durante 280,858 (including 76,575 Deferred Shares)
J B Stevens 106,327 (including 50,556 Deferred Shares)
J B Abelman 43,407 (including 13,215 Deferred Shares)
J Bowles 55,391 (including 27,173 Deferred Shares)
A Davy 43,298 (including 19,302 Deferred Shares)
G Giordano 40,703 (including 26,060 Deferred Shares)
A M Gray 64,605 (including 27,848 Deferred Shares)
T L Marroco 24,239 (including 14,290 Deferred Shares)
R Oberlander 57,928 (including 22,370 Deferred Shares)
D O’Reilly 28,252 (including 18,132 Deferred Shares)
N Sethi 54,020 (including 22,442 Deferred Shares)
J Vandermeulen 17,759 (including 17,443 Deferred Shares)
K Wheaton 22,414 (including 20,037 Deferred Shares)
6 April 2016
Sponsor: UBS South Africa (Pty) Ltd
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