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
On 22 September 2023 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 person discharging managerial
responsibilities under the 2016 Long-Term Incentive Plan (“2016 Award”); 2017 Long-Term
Incentive Plan (“2017 Award”); 2018 Long-Term Incentive Plan (“2018 Award”); and 2019
Long-Term Incentive Plan (“2019 Award”). Subsequent sales of shares are also set out
below.
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name David Waterfield
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 Ordinary shares of 25p each
instrument
Identification code GB0002875804
b) Nature of the transaction Exercise of options under the British American
Tobacco Long-Term Incentive Plan (2016 Award)
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 5,641
d) Aggregated information
- Aggregated volume 5,641
- Price £nil
e) Date of the transaction 2023-09-22
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial
instrument, type of Ordinary shares of 25p each
instrument
Identification code GB0002875804
b) Nature of the transaction Sale of shares from options exercised under the
Long-Term Incentive Plan (2016 Award), including
to meet tax liability arising
c) Price(s) and volume(s)
Price(s) Volume(s)
£27.315215 5,641
d) Aggregated information
- Aggregated volume 5,641
- Price £154,085.13
e) Date of the transaction 2023-09-22
f) Place of the transaction London Stock Exchange (XLON)
Transaction 3
a) Description of the financial
instrument, type of Ordinary shares of 25p each
instrument
Identification code GB0002875804
b) Nature of the transaction Exercise of options under the British American
Tobacco Long-Term Incentive Plan (2017 Award)
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 1,816
d) Aggregated information
- Aggregated volume 1,816
- Price £nil
e) Date of the transaction 2023-09-22
f) Place of the transaction Outside a trading venue
Transaction 4
a) Description of the financial
instrument, type of Ordinary shares of 25p each
instrument
Identification code GB0002875804
b) Nature of the transaction Sale of shares from options exercised under the
Long-Term Incentive Plan (2017 Award), including
to meet tax liability arising
c) Price(s) and volume(s)
Price(s) Volume(s)
£27.315215 1,816
d) Aggregated information
- Aggregated volume 1,816
- Price £49,604.43
e) Date of the transaction 2023-09-22
f) Place of the transaction London Stock Exchange (XLON)
Transaction 5
a) Description of the financial
instrument, type of Ordinary shares of 25p each
instrument
Identification code GB0002875804
b) Nature of the transaction Exercise of options under the British American
Tobacco Long-Term Incentive Plan (2017 Award)
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 4,000
d) Aggregated information
- Aggregated volume 4,000
- Price £nil
e) Date of the transaction 2023-09-22
f) Place of the transaction Outside a trading venue
Transaction 6
a) Description of the financial
instrument, type of Ordinary shares of 25p each
instrument
Identification code GB0002875804
b) Nature of the transaction Transfer of shares from options exercised under the
Long-Term Incentive Plan (2017 Award)
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 2,116
d) Aggregated information
- Aggregated volume 2,116
- Price £nil
e) Date of the transaction 2023-09-22
f) Place of the transaction Outside a trading venue
Transaction 7
a) Description of the financial
instrument, type of Ordinary shares of 25p each
instrument
Identification code GB0002875804
b) Nature of the transaction Sale of shares to meet tax liability arising on
exercise of Long-Term Incentive Plan options (2017
Award)
c) Price(s) and volume(s)
Price(s) Volume(s)
£27.293107 1,884
d) Aggregated information
- Aggregated volume 1,884
- Price £51,420.21
e) Date of the transaction 2023-09-22
f) Place of the transaction London Stock Exchange (XLON)
Transaction 8
a) Description of the financial
instrument, type of Ordinary shares of 25p each
instrument
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 6,527
d) Aggregated information
- Aggregated volume 6,527
- Price £nil
e) Date of the transaction 2023-09-22
f) Place of the transaction Outside a trading venue
Transaction 9
a) Description of the financial
instrument, type of Ordinary shares of 25p each
instrument
Identification code GB0002875804
b) Nature of the transaction Transfer of shares from options exercised under the
Long-Term Incentive Plan (2018 Award)
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 3,453
d) Aggregated information
- Aggregated volume 3,453
- Price £nil
e) Date of the transaction 2023-09-22
f) Place of the transaction Outside a trading venue
Transaction 10
a) Description of the financial
instrument, type of Ordinary shares of 25p each
instrument
Identification code GB0002875804
b) Nature of the transaction Sale of shares to meet tax liability arising on
exercise of Long-Term Incentive Plan options (2018
Award)
c) Price(s) and volume(s)
Price(s) Volume(s)
£ 27.293107 3,074
d) Aggregated information
- Aggregated volume 3,074
- Price £83,899.01
e) Date of the transaction 2023-09-22
f) Place of the transaction London Stock Exchange (XLON)
Transaction 11
a) Description of the financial
instrument, type of Ordinary shares of 25p each
instrument
Identification code GB0002875804
b) Nature of the transaction Exercise of options under the British American
Tobacco Long-Term Incentive Plan (2019 Award)
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 7,914
d) Aggregated information
- Aggregated volume 7,914
- Price £nil
e) Date of the transaction 2023-09-22
f) Place of the transaction Outside a trading venue
Transaction 12
a) Description of the financial
instrument, type of Ordinary shares of 25p each
instrument
Identification code GB0002875804
b) Nature of the transaction Transfer of shares from options exercised under the
Long-Term Incentive Plan (2019 Award)
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 4,187
d) Aggregated information
- Aggregated volume 4,187
- Price £nil
e) Date of the transaction 2023-09-22
f) Place of the transaction Outside a trading venue
Transaction 13
a) Description of the financial
instrument, type of Ordinary shares of 25p each
instrument
Identification code GB0002875804
b) Nature of the transaction Sale of shares to meet tax liability arising on
exercise of Long-Term Incentive Plan options (2019
Award)
c) Price(s) and volume(s)
Price(s) Volume(s)
£ 27.293107 3,727
d) Aggregated information
- Aggregated volume 3,727
- Price £101,721.41
e) Date of the transaction 2023-09-22
f) Place of the transaction London Stock Exchange (XLON)
Name of officer of issuer responsible for making notification: Nancy Jiang
Date of notification: 26 September 2023
26 September 2023
Sponsor: Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities
Date: 26-09-2023 03:40:00
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.
Sharenet Sites 
