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

BRITISH AMERICAN TOBACCO PLC - Notification and public disclosure of transactions by persons discharging managerial responsibilities

Release Date: 03/04/2020 07:05
Code(s): BTI     PDF:  
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")


                               British American Tobacco p.l.c.

     Notification and public disclosure of transactions by persons discharging managerial
                   responsibilities and persons closely associated with them

Conditional Share Awards

On 30 March 2020, 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 at an award price of 2,633 pence per Share. The awards
will vest three years from the grant date, subject to the satisfaction of performance
conditions specified on the award date. The Executive Directors’ awards are subject to an
additional two-year vesting period. 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

     Name                            Jack Bowles
a)

2    Reason for the notification
a) Position/status                   Chief Executive

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              Ordinary shares of 25p each
   instrument

     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)

                                     £26.33                   223,129



d) Aggregated information

     - Aggregated volume            223,129

     - Price                        £26.33

e) Date of the transaction          2020-03-30

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                  Finance 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)

                                      £26.33                   113,938



d) Aggregated information

     - Aggregated volume             113,938

     - Price                         £26.33

e) Date of the transaction           2020-03-30

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)

                                      £26.33                   40,676



d) Aggregated information

     - Aggregated volume             40,676

     - Price                         £26.33

e) Date of the transaction           2020-03-30

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


1    Details of the person discharging managerial responsibilities / person closely
     associated
a) Name                              Marina Bellini

2    Reason for the notification

a) Position/status                   Director, Digital and Information

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)

                                      £26.33                   31,105



d) Aggregated information

     - Aggregated volume             31,105

     - Price                         £26.33

e) Date of the transaction           2020-03-30
f)   Place of the transaction        London Stock Exchange (XLON)


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

a) Name                              Luciano Comin

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

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)

                                      £26.33                   33,497


d) Aggregated information

     - Aggregated volume             33,497

     - Price                         £26.33
e) Date of the transaction           2020-03-30

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


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

                                     Alan Davy
a) Name

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)

                                      £26.33                   36,608



d) Aggregated information

     - Aggregated volume             36,608
     - Price                         £26.33

e) Date of the transaction           2020-03-30

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




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

a) Name                              Hae In Kim

2    Reason for the notification

a) Position/status                   Director, Talent and Culture

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)

                                      £26.33                   31,902
d) Aggregated information

     - Aggregated volume             31,902

     - Price                         £26.33

e) Date of the transaction           2020-03-30

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


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

a) Name                              Paul Lageweg

2    Reason for the notification

a) Position/status                   Director, New Categories

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)

                                      £26.33                   31,105



d) Aggregated information

     - Aggregated volume             31,105

     - Price                         £26.33

e) Date of the transaction           2020-03-30

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




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

a) Name                              Guy Meldrum

2    Reason for the notification

a) Position/status                   Regional Director, Asia-Pacific and Middle East

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)

                                      £26.33                   33,497




d) Aggregated information

     - Aggregated volume             33,497

     - Price                         £26.33

e) Date of the transaction           2020-03-30

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                   Director, Scientific Research

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)

                                     £26.33                   32,540




d) Aggregated information

     - Aggregated volume            32,540

     - Price                        £26.33

e) Date of the transaction          2020-03-30

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)

                                      £26.33                   48,811


d) Aggregated information

     - Aggregated volume             48,811

     - Price                         £26.33

e) Date of the transaction           2020-03-30

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, 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)

                                      £26.33                   41,872



d) Aggregated information

     - Aggregated volume             41,872

     - Price                         £26.33

e) Date of the transaction           2020-03-30

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                   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                Ordinary shares of 25p each
   instrument
                                      GB0002875804
     Identification code

b) Nature of the transaction          Award of shares under the Long-Term Incentive
                                      Plan

c)   Price(s) and volume(s)

                                       Price(s)              Volume(s)

                                       £26.33                46,777



d) Aggregated information

     - Aggregated volume              46,777

     - Price                          £26.33

e) Date of the transaction            2020-03-30

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


2 April 2020

Sponsor: UBS South Africa (Pty) Ltd

Date: 03-04-2020 07:05:00
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