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

Release Date: 31/03/2021 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. (the “Company”)


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

On 26 March and 29 March 2021 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 persons discharging managerial
responsibilities under the 2018 Long-Term Incentive Plan (“2018 Award”). Subsequent sales
of shares are also set out below.

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

a) Name                             Tadeu Marroco

2   Reason for the notification

a) Position/status                  Finance and Transformation 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

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 (2018 Award)

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


                                   £nil                      15,310

d) Aggregated information

     - Aggregated volume          15,310

     - Price                      £nil

e) Date of the transaction        2021-03-29

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)


                                   £27.8650                  7,354
d) Aggregated information

     - Aggregated volume             7,354

     - Price                         £27.8650


e) Date of the transaction           2021-03-29

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

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 (2018 Award)
c)   Price(s) and volume(s)
                                   Price(s)                  Volume(s)


                                   £nil                      5,589

d) Aggregated information

     - Aggregated volume          5,589

     - Price                      £nil

e) Date of the transaction        2021-03-29

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)


                                   £28.0564                  2,682



d) Aggregated information

     - Aggregated volume          2,682

     - Price                      £28.0564


e) Date of the transaction        2021-03-29

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

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 (2018 Award)

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


                                      £nil                     17,398

d) Aggregated information

     - Aggregated volume             17,398

     - Price                         £nil

e) Date of the transaction           2021-03-26
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)


                                     £27.6051                  8,352



d) Aggregated information

     - Aggregated volume            8,352

     - Price                        £27.6051


e) Date of the transaction          2021-03-26

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                  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

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 (2018 Award)

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


                                      £nil                      13,205

d) Aggregated information

     - Aggregated volume             13,205

     - Price                         £nil

e) Date of the transaction           2021-03-29

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)


                                      £27.7959                 6,343



d) Aggregated information

     - Aggregated volume             6,343

     - Price                         £27.7959


e) Date of the transaction           2021-03-29

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                   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

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 (2018 Award)

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


                                   £nil                      5,997

d) Aggregated information

     - Aggregated volume          5,997

     - Price                      £nil

e) Date of the transaction        2021-03-29

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)


                                   £28.1858                  2,778



d) Aggregated information

     - Aggregated volume          2,778

     - Price                      £28.1858
e) Date of the transaction           2021-03-29

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



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

a) Name                              Michael Dijanosic

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

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 (2018 Award)

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


                                      £nil                     3,616

d) Aggregated information
     - Aggregated volume              3,616

     - Price                          £nil

e) Date of the transaction            2021-03-29

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)


                                       £27.8850                  2



d) Aggregated information

     - Aggregated volume              2

     - Price                          £27.8850


e) Date of the transaction            2021-03-29

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



30 March 2021

Sponsor: UBS South Africa (Pty) Ltd

Date: 31-03-2021 07:05:00
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