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")
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 20 March 2025, the Company granted awards of British American Tobacco p.l.c. 25p
ordinary shares (the "Shares") to persons discharging managerial responsibilities (the
"Participants") listed below under the British American Tobacco Restricted Share Plan at an
award price of 3,179 pence per Share. Awards under the British American Tobacco
Restricted Share Plan will vest after three years and no further performance conditions
apply in that period.
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 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 Restricted Share Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.79 12,370
d) Aggregated information
- Aggregated volume 12,370
- Price £393,242.30
e) Date of the transaction 2025-03-20
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name James Barrett
2 Reason for the notification
a) Position/status Director, Business Development
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 Restricted Share Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.79 9,303
d) Aggregated information
- Aggregated volume 9,303
- Price £295,742.37
e) Date of the transaction 2025-03-20
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Luciano Comin
2 Reason for the notification
a) Position/status Chief Marketing Officer
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 Restricted Share Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.79 12,881
d) Aggregated information
- Aggregated volume 12,881
- Price £409,486.99
e) Date of the transaction 2025-03-20
f) Place of the transaction Outside a trading venue
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, Middle East and
Africa
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 Restricted Share Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.79 10,734
d) Aggregated information
- Aggregated volume 10,734
- Price £341,233.86
e) Date of the transaction 2025-03-20
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Javed Iqbal
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 Restricted Share Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.79 10,223
d) Aggregated information
- Aggregated volume 10,223
- Price £324,989.17
e) Date of the transaction 2025-03-20
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Zafar Khan
2 Reason for the notification
a) Position/status Director, Operations
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 Restricted Share Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.79 11,245
d) Aggregated information
- Aggregated volume 11,245
- Price £357,478.55
e) Date of the transaction 2025-03-20
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Cora Koppe-Stahrenberg
2 Reason for the notification
a) Position/status Chief People Officer
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 Restricted Share Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.79 11,695
d) Aggregated information
- Aggregated volume 11,695
- Price £371,784.05
e) Date of the transaction 2025-03-20
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Paul McCrory
2 Reason for the notification
a) Position/status Director, Corporate and Regulatory Affairs
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 Restricted Share Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.79 8,792
d) Aggregated information
- Aggregated volume 8,792
- Price £279,497.68
e) Date of the transaction 2025-03-20
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Fred Monteiro
2 Reason for the notification
a) Position/status Regional Director, Americas & Europe
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 Restricted Share Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.79 11,245
d) Aggregated information
- Aggregated volume 11,245
- Price £357,478.55
e) Date of the transaction 2025-03-20
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name James Murphy
2 Reason for the notification
a) Position/status Director, Research and Science
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 Restricted Share Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.79 9,712
d) Aggregated information
- Aggregated volume 9,712
- Price £308,744.48
e) Date of the transaction 2025-03-20
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Johan Vandermeulen
2 Reason for the notification
a) Position/status Chief Operating Officer
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 Restricted Share Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.79 15,437
d) Aggregated information
- Aggregated volume 15,437
- Price £490,742.23
e) Date of the transaction 2025-03-20
f) Place of the transaction Outside a trading venue
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
/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 Restricted Share Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.79 11,859
d) Aggregated information
- Aggregated volume 11,859
- Price £376,997.61
e) Date of the transaction 2025-03-20
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Kingsley Wheaton
2 Reason for the notification
a) Position/status Chief Corporate Officer
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 Restricted Share Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.79 14,823
d) Aggregated information
- Aggregated volume 14,823
- Price £471,223.17
e) Date of the transaction 2025-03-20
f) Place of the transaction Outside a trading venue
Name of officer of issuer responsible for making notification: Nancy Jiang
Date of notification: 21 March 2025
24 March 2025
Sponsor: Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities
Date: 24-03-2025 07:05:00
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