To view the PDF file, sign up for a MySharenet subscription.

BRITISH AMERICAN TOBACCO PLC - Notification and public disclosure of transactions

Release Date: 06/04/2017 17:50
Code(s): BTI     PDF:  
Wrap Text
Notification and public disclosure 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 AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
     DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
                         ASSOCIATED WITH THEM


On 3 April 2017, awards of shares made under the 2014 International Share Reward Scheme vested in
accordance with the rules of the British American Tobacco International Employee Share Ownership
Plan and the Trustee of the Plan transferred accrued dividend shares to the following persons
discharging managerial responsibilities. Details of the transactions, including subsequent sales of
shares where applicable, are set out below.


1    Details of the person discharging managerial responsibilities / person closely
     associated

a)   Name                              Jerome Abelman


2    Reason for the notification

a)   Position/status                   Director, Legal & External Affairs and General Counsel


b)   Initial notification /Amendment
                                       Initial notification

3    Details of the issuer, emission allowance market participant, auction platform,
     auctioneer or auction monitor

a)   Name                              British American Tobacco p.l.c.


b)   LEI                               213800FKA5MF17RJKT63


4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
     each type of transaction; (iii) each date; and (iv) each place where transactions have
     been conducted


Transaction 1
a) Description of the financial
   instrument, type of instrument      Ordinary shares of 25p each
     Identification code            GB0002875804


b)   Nature of the transaction      Vesting of shares under the International Share Reward
                                    Scheme (2014 Award)

c)   Price(s) and volume(s)
                                        Price(s)                  Volume(s)


                                        £33.355                   73


d)   Aggregated information


     - Aggregated volume            73


     - Price                        £33.355


e)   Date of the transaction        2017-04-03


f)   Place of the transaction       London Stock Exchange (XLON)


Transaction 2
a) Description of the financial
   instrument, type of instrument   Ordinary shares of 25p each

     Identification code            GB0002875804


b)   Nature of the transaction      Transfer of dividend shares accrued under the
                                    International Share Reward Scheme (2014 Award).

c)   Price(s) and volume(s)
                                        Price(s)                  Volume(s)


                                        £35.87                    2

                                        £41.80                    1

                                        £49.37                    1


d)   Aggregated information


     - Aggregated volume            4
     - Price                           £42.3467


e)   Date of the transaction           2017-04-03


f)   Place of the transaction          London Stock Exchange (XLON)




1    Details of the person discharging managerial responsibilities/person closely associated

a)   Name                               Jack Bowles
2    Reason for the notification
a)   Position/status                   Regional Director, Asia-Pacific
b)   Initial notification /Amendment   Initial notification
3    Details of the issuer, emission allowance market participant, auction platform,
     auctioneer or auction monitor
a)   Name                              British American Tobacco p.l.c.
b)   LEI                               213800FKA5MF17RJKT63
4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
     each type of transaction; (iii) each date; and (iv) each place where transactions have
     been conducted
Transaction 1
a)   Description of the financial
     instrument, type of instrument    Ordinary shares of 25p each

     Identification code
                                       GB0002875804
b)   Nature of the transaction         Vesting of shares under the International Share Reward
                                       Scheme (2014 Award)
c)   Price(s) and volume(s)
                                         Price(s)                    Volume(s)

                                         £33.355                     73



d)   Aggregated information

     - Aggregated volume               73

     - Price                           £33.355
e)   Date of the transaction           2017-04-03
f)   Place of the transaction          London Stock Exchange (XLON)
Transaction 2
a)    Description of the financial
      instrument, type of instrument   Ordinary shares of 25p each

      Identification code
                                       GB0002875804
b)    Nature of the transaction        Transfer of dividend shares accrued under the
                                       International Share Reward Scheme (2014 Award).
c)    Price(s) and volume(s)
                                           Price(s)                  Volume(s)

                                           £35.87                    2

                                           £41.80                    1

                                           £49.37                    1


d)    Aggregated information

      - Aggregated volume              4

      - Price                          £42.3467

e)    Date of the transaction          2017-04-03
f)    Place of the transaction         London Stock Exchange (XLON)
Transaction 3
a)    Description of the financial
      instrument, type of instrument   Ordinary shares of 25p each

      Identification code
                                       GB0002875804
b)    Nature of the transaction        Sale of shares to meet tax liability arising from the
                                       vesting under the International Share Reward Scheme
                                       (2014 Award)
c)    Price(s) and volume(s)
                                           Price(s)                  Volume(s)

                                           £52.90                    25



d)    Aggregated information

      - Aggregated volume              25
     - Price                          £52.90

e)   Date of the transaction          2017-04-03
f)   Place of the transaction         London Stock Exchange (XLON)


6 April 2017


Sponsor: UBS South Africa (Pty) Ltd

Date: 06/04/2017 05:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story