TIDMBATS

RNS Number : 5496U

British American Tobacco PLC

06 April 2021

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 31 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                         Jerome Abelman 
     ---------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status              Director, Legal & External Affairs 
                                    and General Counsel 
     ---------------------------  -------------------------------------- 
 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) 
 
                                       GBPnil      17,398 
                                                 ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume           17,398 
 
       - Price                       GBPnil 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      2021-03-31 
     ---------------------------  -------------------------------------- 
 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) 
 
                                       GBP27.6505     8,277 
                                                    ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume           8,277 
 
       - Price                       GBP27.6505 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      2021-03-31 
     ---------------------------  -------------------------------------- 
 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 
     ------------------------------------------------------------------- 
 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) 
 
                                       GBPnil      16,441 
                                                 ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume           16,441 
 
       - Price                       GBPnil 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      2021-03-31 
     ---------------------------  -------------------------------------- 
 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) 
 
                                       GBP27.6825     7,970 
                                                    ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume           7,970 
 
       - Price                       GBP27.6825 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      2021-03-31 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     London Stock Exchange (XLON) 
     ---------------------------  -------------------------------------- 
 
 
 Name of officer of issuer responsible for making notification: 
  Oliver Martin 
  Date of notification: 6 April 2021 
 

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