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
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