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BRITISH AMERICAN TOBACCO PLC - Change in ADS ratio

Release Date: 13/01/2017 13:00
Code(s): BTI     PDF:  
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Change in ADS ratio

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. – Change in ADS ratio

British American Tobacco p.l.c. (the “Company”) today announces an intended ratio change to its NYSE-listed
sponsored Level 2 American Depositary Receipt (“ADR”) programme. The current ratio is one (1) American
Depositary Share (“ADS”) to two (2) Ordinary shares in the Company. The new ratio will be one (1) ADS to one
(1) Ordinary share in the Company. The expected effective date for the ratio change is 14 February 2017. There
will be no change to the underlying Ordinary shares of the Company.

ADS holders at the close of business New York time on the record date of 6 February 2017, will receive a
distribution of one (1) additional ADS for each ADS held. The new ADSs are expected to be distributed on 13
February 2017. No action is required by ADS holders to effect this change.

Contact details for Citibank, N.A., the Company’s ADR depositary, are set out below.


G C W Cunnington
Deputy Secretary
British American Tobacco p.l.c.

13 January 2017

Citibank Shareholder Services
PO Box 43077
Providence
Rhode Island 02940-3077
USA

Tel: 1-888 985-2055 (toll-free)
Tel: +1 781 575 4555
email enquiries: citibank@shareholders-online.com
website: www.citi.com/dr

Investor and Media Enquiries:
Investor Relations
Mike Nightingale/Rachael Brierley/Sabina Marshman
+44 20 7845 1180/1519/1781

British American Tobacco Press Office
Anna Vickerstaff
+44 20 7845 2888


Sponsor: UBS South Africa (Pty) Ltd

Date: 13/01/2017 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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