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

Release Date: 12/04/2021 17:30
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.

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

Conditional Share Awards

On 29 March 2021, 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 2,794 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)

                                     £27.94                   230,314



d) Aggregated information

     - Aggregated volume            230,314

     - Price                        £27.94

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                             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

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)

                                      £27.94                   115,017



d) Aggregated information

     - Aggregated volume             115,017

     - Price                         £27.94

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                              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)

                                      £27.94                   38,715



d) Aggregated information

     - Aggregated volume             38,715

     - Price                         £27.94

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                              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)

                                      £27.94                   39,835



d) Aggregated information

     - Aggregated volume             39,835

     - Price                         £27.94

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

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)

                                      £27.94                   36,077


d) Aggregated information

     - Aggregated volume             36,077

     - Price                         £27.94
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

                                     Zafar Khan
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)

                                      £27.94                   31,567



d) Aggregated information

     - Aggregated volume             31,567
     - Price                         £27.94

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                              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)

                                      £27.94                   35,325
d) Aggregated information

     - Aggregated volume             35,325

     - Price                         £27.94

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                              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)

                                      £27.94                   36,159



d) Aggregated information

     - Aggregated volume             36,159

     - Price                         £27.94

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
   /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)

                                      £27.94                   31,567



d) Aggregated information

     - Aggregated volume             31,567

     - Price                         £27.94

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                              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)

                                     £27.94                   31,282




d) Aggregated information

     - Aggregated volume            31,282

     - Price                        £27.94

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
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)

                                      £27.94                   43,593


d) Aggregated information

     - Aggregated volume             43,593

     - Price                         £27.94

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                              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)

                                      £27.94                   40,662



d) Aggregated information

     - Aggregated volume             40,662

     - Price                         £27.94

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
 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)

                                       £27.94                 48,578



 d) Aggregated information

      - Aggregated volume             48,578

      - Price                         £27.94

 e) Date of the transaction           2021-03-29

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




12 April 2021

Sponsor: UBS South Africa (Pty) Ltd

Date: 12-04-2021 05:30:00
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