Wrap Text
TR-1: Notification of major holdings
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.
TR-1: Notification of major holdings
1a. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are British American Tobacco p.l.c.
attachedii:
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name The Capital Group Companies, Inc. (“CGC”)
City and country of registered office (if applicable) Los Angeles, CA 90071, USA
4. Full name of shareholder(s) (if different from 3.)v
Name N/A
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or
25 March 2020
reachedvi:
6. Date on which issuer notified (DD/MM/YYYY): 26 March 2020
7. Total positions of person(s) subject to the notification obligation
% of voting rights % of voting rights Total of both in % Total number of
attached to shares through financial (8.A + 8.B) voting rights of
1
(total of 8. A) instruments issuervii
(total of 8.B 1 + 8.B
2)
Resulting situation
on the date on
which threshold 11.9711% 0.0000% 11.9711% 2,294,183,992
was crossed or
reached
Position of previ-
ous notification (if 12.0049% 0.0000% 12.0049%
applicable)
8. Notified details of the resulting situation on the date on which the threshold was crossed or
reachedviii
A: Voting rights attached to shares
Class/type of Number of voting rightsix % of voting rights
shares
Direct Indirect Direct Indirect
ISIN code (if possi-
ble) (Art 9 of Directive (Art 10 of Di- (Art 9 of Directive (Art 10 of Di-
2004/109/EC) rective 2004/109/EC) rective
(DTR5.1) 2004/109/EC) (DTR5.1) 2004/109/EC)
(DTR5.2.1) (DTR5.2.1)
Ordinary Shares
(ISIN:GB000287580 248,458,709 10.8299%
4)
ADRs
(ISIN:US110448107 26,180,392 1.1412%
2)
SUBTOTAL 8. A 274,639,101 11.9711%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Number of voting
Expira- rights that may be
Type of financial Exercise/ % of voting
tion acquired if the instru-
instrument Conversion Periodxi rights
datex ment is
exercised/converted.
N/A
SUBTOTAL 8. B 1
2
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive
2004/109/EC (DTR5.3.1.1 (b))
Exercise/ Physical or
Type of finan- Expiration Number of % of voting
x Conversion cash
cial instrument date voting rights rights
Period xi settlementxii
N/A
SUBTOTAL
8.B.2
9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity
and does not control any other undertaking(s) holding directly or indirectly an interest in the (under-
lying) issuerxiii
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal X
entityxiv (please add additional rows as necessary)
% of voting rights
% of voting rights if it Total of both if it
through financial in-
equals or is higher equals or is higher
Namexv struments if it equals
than the notifiable than the notifiable
or is higher than the
threshold threshold
notifiable threshold
The Capital Group
Companies, Inc.
Holdings by CG Man- 11.9711% 0.0000% 11.9711%
agement companies are
set out below:
• Capital Bank & Trust
Company2
• Capital International,
Inc.1
• Capital International
Limited1
• Capital International
Sàrl1
• Capital Research and
11.6630% 0.0000% 11.6630%
Management Company2
1
Indirect subsidiaries of Capital Research and Management Company.
2
Subsidiary of The Capital Group Companies, Inc.
3
10. In case of proxy voting, please identify:
Name of the proxy holder N/A
The number and % of voting rights held N/A
The date until which the voting rights will be held N/A
11. Additional informationxvi
The Capital Group Companies, Inc. (“CGC”) is the parent company of Capital Research and Management
Company (“CRMC”) and Capital Bank & Trust Company (“CB&T”). CRMC is a U.S.-based investment
management company that serves as investment manager to the American Funds family of mutual funds,
other pooled investment vehicles, as well as individual and institutional clients. CRMC and its investment
manager affiliates manage equity assets for various investment companies through three divisions, Capital
Research Global Investors, Capital International Investors and Capital World Investors. CRMC is the
parent company of Capital Group International, Inc. (“CGII”), which in turn is the parent company of four
investment management companies (“CGII management companies”): Capital International, Inc., Capital
International Limited, Capital International Sàrl and Capital International K.K. CGII management compa-
nies and CB&T primarily serve as investment managers to institutional and high net worth clients. CB&T is
a U.S.-based investment management company that is a registered investment adviser and an affiliated
federally chartered bank.
Neither CGC nor any of its affiliates own shares of your company for its own account. Rather, the shares
reported on this Notification are owned by accounts under the discretionary investment management of
one or more of the investment management companies described above.
Place of completion Los Angeles, CA, USA
Date of completion 26 March 2020
Name of duly authorised officer of issuer responsible for making notification:
B Creegan
Deputy Secretary
British American Tobacco p.l.c.
27 March 2020
Enquiries:
Investor Relations
Mike Nightingale/Victoria Buxton/William Houston/John Harney
+44 20 7845 1180/2012/1138/1263
Sponsor: UBS South Africa (Pty) Ltd
4
Date: 30-03-2020 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.