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
On 1 April 2025 the following number of British American Tobacco p.l.c. 25p ordinary shares
were awarded to the following Executive Directors and persons discharging managerial
responsibilities under the 2025 Share Reward Scheme and 2025 International Share Reward
Scheme.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Tadeu Marroco
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
instrument Ordinary shares of 25p each
Identification code GB0002875804
b) Nature of the transaction Award of shares under the 2025 Share Reward
Scheme.
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.82 88
d) Aggregated information
- Aggregated volume 88
- Price £2,800.16
e) Date of the transaction 2025-04-01
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Soraya Benchikh
2 Reason for the notification
a) Position/status Chief Financial 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
instrument Ordinary shares of 25p each
Identification code GB0002875804
b) Nature of the transaction Award of shares under the 2025 Share Reward
Scheme.
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.82 59
d) Aggregated information
- Aggregated volume 59
- Price £1,877.38
e) Date of the transaction 2025-04-01
f) Place of the transaction Outside a trading venue
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 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 2025 Share Reward
Scheme.
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.82 88
d) Aggregated information
- Aggregated volume 88
- Price £2,800.16
e) Date of the transaction 2025-04-01
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 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 2025 Share Reward
Scheme.
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.82 88
d) Aggregated information
- Aggregated volume 88
- Price £2,800.16
e) Date of the transaction 2025-04-01
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 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 2025 Share Reward
Scheme.
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.82 88
d) Aggregated information
- Aggregated volume 88
- Price £2,800.16
e) Date of the transaction 2025-04-01
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 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 2025 International Share
Reward Scheme.
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.82 88
d) Aggregated information
- Aggregated volume 88
- Price £2,800.16
e) Date of the transaction 2025-04-01
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 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 2025 Share Reward
Scheme.
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.82 88
d) Aggregated information
- Aggregated volume 88
- Price £2,800.16
e) Date of the transaction 2025-04-01
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 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 2025 Share Reward
Scheme.
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.82 88
d) Aggregated information
- Aggregated volume 88
- Price £2,800.16
e) Date of the transaction 2025-04-01
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 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 2025 Share Reward
Scheme.
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.82 88
d) Aggregated information
- Aggregated volume 88
- Price £2,800.16
e) Date of the transaction 2025-04-01
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 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 2025 Share Reward
Scheme.
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.82 88
d) Aggregated information
- Aggregated volume 88
- Price £2,800.16
e) Date of the transaction 2025-04-01
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 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 2025 Share Reward
Scheme.
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.82 88
d) Aggregated information
- Aggregated volume 88
- Price £2,800.16
e) Date of the transaction 2025-04-01
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 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 2025 Share Reward
Scheme.
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.82 88
d) Aggregated information
- Aggregated volume 88
- Price £2,800.16
e) Date of the transaction 2025-04-01
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 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 2025 Share Reward
Scheme.
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.82 88
d) Aggregated information
- Aggregated volume 88
- Price £2,800.16
e) Date of the transaction 2025-04-01
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 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 2025 International Share
Reward Scheme.
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.82 88
d) Aggregated information
- Aggregated volume 88
- Price £2,800.16
e) Date of the transaction 2025-04-01
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 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 2025 Share Reward
Scheme.
c) Price(s) and volume(s)
Price(s) Volume(s)
£31.82 88
d) Aggregated information
- Aggregated volume 88
- Price £2,800.16
e) Date of the transaction 2025-04-01
f) Place of the transaction Outside a trading venue
Name of officer of issuer responsible for making notification: Nancy Jiang
Date of notification: 3 April 2024
3 April 2025
Sponsor: Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities
Date: 03-04-2025 05:30:00
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