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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
On 28 March 2018 the independent Trustee of the British American Tobacco Group Employee
Trust released the following number of British American Tobacco p.l.c. 25p ordinary shares (the
“Shares”) granted to the following Executive Director and persons discharging managerial
responsibilities under the 2015 Long-Term Incentive Plan (“2015 Award”). Subsequent sales of
shares are also 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
Transaction 1
a) Description of the financial
instrument, type of instrument Ordinary shares of 25p each
Identification code GB0002875804
b) Nature of the transaction Exercise of options under the British American
Tobacco Long-Term Incentive Plan (2015 Award)
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 122,477
d) Aggregated information
- Aggregated volume 122,477
- Price £nil
e) Date of the transaction 2018-03-28
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 Sale of shares to meet tax liability arising on exercise
of Long-Term Incentive Plan options
c) Price(s) and volume(s)
Price(s) Volume(s)
£40.43037 58,921
d) Aggregated information
- Aggregated volume 58,921
- Price £40.43037
e) Date of the transaction 2018-03-28
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
Transaction 1
a) Description of the financial
instrument, type of instrument Ordinary shares of 25p each
Identification code GB0002875804
b) Nature of the transaction Exercise of options under the British American
Tobacco Long-Term Incentive Plan (2015 Award)
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 35,788
d) Aggregated information
- Aggregated volume 35,788
- Price £nil
e) Date of the transaction 2018-03-28
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 Sale of shares to meet tax liability arising on exercise
of Long-Term Incentive Plan options
c) Price(s) and volume(s)
Price(s) Volume(s)
£39.245 17,189
d) Aggregated information
- Aggregated volume 17,189
- Price £39.245
e) Date of the transaction 2018-03-28
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
/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 Exercise of options under the British American
Tobacco Long-Term Incentive Plan (2015 Award)
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 23,195
d) Aggregated information
- Aggregated volume 23,195
£nil
- Price
e) Date of the transaction 2018-03-28
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 Sale of shares to meet tax liability arising on exercise
of Long-Term Incentive Plan options
c) Price(s) and volume(s)
Price(s) Volume(s)
£39.88 11,149
d) Aggregated information
- Aggregated volume 11,149
- Price £39.88
e) Date of the transaction 2018-03-28
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
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
Transaction 1
a) Description of the financial
instrument, type of instrument Ordinary shares of 25p each
Identification code GB0002875804
b) Nature of the transaction Exercise of options under the British American
Tobacco Long-Term Incentive Plan (2015 Award)
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 28,332
d) Aggregated information
- Aggregated volume 28,332
- Price £nil
e) Date of the transaction 2018-03-28
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 Sale of shares to meet tax liability arising on exercise
of Long-Term Incentive Plan options
c) Price(s) and volume(s)
Price(s) Volume(s)
£40.445 13,619
d) Aggregated information
- Aggregated volume 13,619
- Price £40.445
e) Date of the transaction 2018-03-28
f) Place of the transaction London Stock Exchange (XLON)
4 April 2018
Sponsor: UBS South Africa (Pty) Ltd
Date: 04/04/2018 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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