Wrap Text
Notification and public disclosure of transactions by persons discharging managerial responsibilities
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
Conditional Share Awards
On 26 March 2018, the Company granted awards of British American Tobacco p.l.c. 25p ordinary
shares (the “Shares”) to the Executive Directors and other persons discharging managerial
responsibilities (the “Participants”) listed below under the British American Tobacco Long-Term
Incentive Plan for nil consideration. The awards for the Executive Directors are exercisable from
26 March 2023 to 25 March 2028 and the awards for the other Participants are exercisable from
26 March 2021 to 25 March 2028, subject to the satisfaction of performance conditions specified
on the award date. The maximum number of shares comprised in the awards granted to the
Participants which could vest if the performance conditions are met in full is shown under the
name of each Participant set out below:
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Nicandro Durante
2 Reason for the notification
a) Position/status Chief Executive
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
a) Description of the financial
instrument, type of instrument Ordinary shares of 25p each
Identification code GB0002875804
b) Nature of the transaction Award of shares under the Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 160,503
d) Aggregated information
- Aggregated volume 160,503
- Price £nil
e) Date of the transaction 2018-03-26
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name John Benedict Stevens
2 Reason for the notification
a) Position/status Finance Director
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
a) Description of the financial
instrument, type of instrument Ordinary shares of 25p each
Identification code GB0002875804
b) Nature of the transaction Award of shares under the Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 80,264
d) Aggregated information
- Aggregated volume 80,264
- Price £nil
e) Date of the transaction 2018-03-26
f) Place of the transaction London Stock Exchange (XLON)
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
a) Description of the financial
instrument, type of instrument Ordinary shares of 25p each
Identification code GB0002875804
b) Nature of the transaction Award of shares under the Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 32,100
d) Aggregated information
- Aggregated volume 32,100
- Price £nil
e) Date of the transaction 2018-03-26
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 Chief Operating Officer
b) Initial notification
Initial notification
/Amendment
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
a) Description of the financial
instrument, type of instrument Ordinary shares of 25p each
Identification code
GB0002875804
b) Nature of the transaction Award of shares under the Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 43,785
d) Aggregated information
- Aggregated volume
43,785
- Price
£nil
e) Date of the transaction 2018-03-26
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Alan Davy
2 Reason for the notification
a) Position/status Director, Operations
b) Initial notification
Initial notification
/Amendment
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
a) Description of the financial
instrument, type of instrument Ordinary shares of 25p each
Identification code
GB0002875804
b) Nature of the transaction Award of shares under the Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 26,579
d) Aggregated information
- Aggregated volume
26,579
- Price
£nil
e) Date of the transaction 2018-03-26
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Giovanni Giordano
2 Reason for the notification
a) Position/status Director, Group Human Resources
b) Initial notification Initial notification
/Amendment
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
a) Description of the financial
instrument, type of instrument Ordinary shares of 25p each
Identification code GB0002875804
b) Nature of the transaction Award of shares under the Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 34,411
d) Aggregated information
- Aggregated volume 34,411
- Price £nil
e) Date of the transaction 2018-03-26
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Andrew Gray
2 Reason for the notification
a) Position/status Chief Marketing Officer
b) Initial notification
Initial notification
/Amendment
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
a) Description of the financial
instrument, type of instrument Ordinary shares of 25p each
Identification code
GB0002875804
b) Nature of the transaction Award of shares under the Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 39,355
d) Aggregated information
- Aggregated volume
39,355
- Price
£nil
e) Date of the transaction 2018-03-26
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Tadeu Marroco
2 Reason for the notification
a) Position/status Regional Director, Europe and North Africa
b) Initial notification Initial notification
/Amendment
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
a) Description of the financial
instrument, type of instrument Ordinary shares of 25p each
Identification code GB0002875804
b) Nature of the transaction Award of shares under the Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 28,248
d) Aggregated information
- Aggregated volume 28,248
- Price £nil
e) Date of the transaction 2018-03-26
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name David O’Reilly
2 Reason for the notification
a) Position/status Group Scientific Director
b) Initial notification Initial notification
/Amendment
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
a) Description of the financial
instrument, type of instrument Ordinary shares of 25p each
Identification code
GB0002875804
b) Nature of the transaction Award of shares under the Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 24,364
d) Aggregated information
- Aggregated volume
24,364
- Price
£nil
e) Date of the transaction 2018-03-26
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Ricardo Oberlander
2 Reason for the notification
a) Position/status President and CEO, Reynolds American Inc.
b) Initial notification
Initial notification
/Amendment
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
a) Description of the financial
instrument, type of instrument Ordinary shares of 25p each
Identification code
GB0002875804
b) Nature of the transaction Award of shares under the Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 38,520
d) Aggregated information
- Aggregated volume 38,520
- Price £nil
e) Date of the transaction 2018-03-26
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Naresh Sethi
2 Reason for the notification
a) Position/status Director, Business Development
b) Initial notification Initial notification
/Amendment
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
a) Description of the financial
instrument, type of instrument Ordinary shares of 25p each
Identification code GB0002875804
b) Nature of the transaction Award of shares under the Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 29,693
d) Aggregated information
- Aggregated volume 29,693
- Price £nil
e) Date of the transaction 2018-03-26
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Johan Vandermeulen
2 Reason for the notification
a) Position/status Regional Director, Asia-Pacific and Middle East
b) Initial notification Initial notification
/Amendment
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
a) Description of the financial
instrument, type of instrument Ordinary shares of 25p each
Identification code GB0002875804
b) Nature of the transaction Award of shares under the Long-Term Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 30,335
d) Aggregated information
- Aggregated volume 30,335
- Price £nil
e) Date of the transaction 2018-03-26
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Kingsley Wheaton
2 Reason for the notification
a) Position/status Regional Director, Americas and Sub-Saharan
Africa
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
a) Description of the financial
instrument, type of instrument Ordinary shares of 25p each
Identification code
GB0002875804
b) Nature of the transaction Award of shares under the Long-Term Incentive
Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 32,100
d) Aggregated information
- Aggregated volume 32,100
- Price £nil
e) Date of the transaction 2018-03-26
f) Place of the transaction London Stock Exchange (XLON)
29 March 2018
Sponsor: UBS South Africa (Pty) Ltd
Date: 29/03/2018 12:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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