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BRITISH AMERICAN TOBACCO PLC - TR-1: Notification of major holdings

Release Date: 28/03/2025 07:05
Code(s): BTI     PDF:  
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. (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 at-                 British American Tobacco p.l.c.
   tachedii:
   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                                                    Spring Mountain Investments Ltd
   City and country of registered office (if applicable)   Camana Bay, George Town, Cayman Islands

   4. Full name of shareholder(s) (if different from 3)v

   Name                                                    LBS Limited

   City and country of registered office (if applicable)   George Town, Grand Cayman, Cayman Islands

   Name                                                    Seneca Investments Limited

   City and country of registered office (if applicable)   George Town, Grand Cayman, Cayman Islands

   Name                                                    Clarendon Hills Ltd

   City and country of registered office (if applicable)   George Town, Grand Cayman, Cayman Islands

   Name                                                    Northfield Investments Limited

   City and country of registered office (if applicable)   George Town, Grand Cayman, Cayman Islands

   Name

   City and country of registered office (if applicable)
5. Date on which the threshold was crossed or
                                                        24/03/2025
reachedvi:

6. Date on which issuer notified (DD/MM/YYYY):          26/03/2025

7. Total positions of person(s) subject to the notification obligation
                                             % of voting rights
                       % of voting rights   through financial in-                            Total number of
                                                                        Total of both in %
                       attached to shares        struments                                   voting rights of
                                                                           (8.A + 8.B)
                          (total of 8. A)   (total of 8.B 1 + 8.B                            issuervii
                                                      2)
Resulting situation
on the date on
which threshold           10.472723               0.000000                 10.472723            230,700,705
was crossed or
reached
Position of previ-
ous notification (if      10.372682               0.000000                 10.372682
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
ISIN code (if possi-         Direct            Indirect                    Direct                Indirect
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)
GB0002875804 Com-
mon Stock                 223,150,211               0                    10.129966               0.000000
US1104481072 Deposi-
tory Receipt               7,550,494                0                     0.342757               0.000000

SUBTOTAL 8. A                       230,700,705                                    10.472723%



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 ac-
Type of financial                  Exercise/                                                 % of voting
                       tion                                   quired if the instru-
instrument                         Conversion Periodxi                                       rights
                       datex                                  ment is
                                                              exercised/converted.
N/A

                                   SUBTOTAL 8. B 1



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
                                     Conversion         cash
cial instrument    datex                                                   voting rights    rights
                                     Period xi          settlementxii


                                                        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                              Total of both if
                                                                        through financial
                                                 if it equals or is                             it equals or is
              xv       Name of controlled                                instruments if it
      Name                                       higher than the                               higher than the
                           undertaking                                 equals or is higher
                                                notifiable thresh-                                 notifiable
                                                                       than the notifiable
                                                         old                                       threshold
                                                                            threshold
 Kenneth Bryan
                                                     0.000000               0.000000             0.000000%
        Dart
 Kenneth Bryan         Portfolio Services
                                                     0.000000               0.000000             0.000000%
        Dart                    Ltd
 Kenneth Bryan
                          LBS Limited                0.000000               0.000000             0.000000%
        Dart
 Kenneth Bryan         Northfield Invest-
                                                     0.000000               0.000000             0.000000%
        Dart             ments Limited
 Kenneth Bryan           Seneca Invest-
                                                     0.000000               0.000000             0.000000%
        Dart             ments Limited
 Kenneth Bryan          Spring Mountain
                                                     7.969659               0.000000             7.969659%
        Dart            Investments Ltd
 Kenneth Bryan           Clarendon Hills
                                                     0.000000               0.000000             0.000000%
        Dart                    Ltd



10. In case of proxy voting, please identify:
Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will
be held



11. Additional informationxvi
N/A




Place of completion       Grand Cayman, Cayman Islands

Date of completion        26 March 2025


Name of duly authorised officer of issuer responsible for making notification:

Nancy Jiang
Assistant Secretary
British American Tobacco p.l.c.

27 March 2025

Enquiries:

British American Tobacco Media Centre
+44 (0)20 7845 2888 (24 hours) /@BATPlc

Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com



28 March 2025

Sponsor: Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities

Date: 28-03-2025 07:05:00
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