Last checked at 3 Apr 2018 16:45
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
On 27 March 2018 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 Executive Director and persons discharging managerial responsibilities under the 2015 Long-Term Incentive Plan ("2015 Award"). Subsequent sales of shares are also set out below.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| John Benedict Stevens
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Finance Director | ||||
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
| |||||
Transaction 1 | ||||||
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 25p each
GB0002875804
| ||||
b)
| Nature of the transaction
| Exercise of options under the British American Tobacco Long-Term Incentive Plan (2015 Award) | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
66,925
£nil
| ||||
e)
| Date of the transaction
| 2018-03-27 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
Transaction 2 | ||||||
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 25p each
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)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
32,149
£39.435578
| ||||
e)
| Date of the transaction
| 2018-03-27 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Alan Davy
| ||||
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
| |||||
Transaction 1 | ||||||
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 25p each
GB0002875804
| ||||
b)
| Nature of the transaction
| Exercise of options under the British American Tobacco Long-Term Incentive Plan (2015 Award) | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
24,853
£nil
| ||||
e)
| Date of the transaction
| 2018-03-27 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
Transaction 2 | ||||||
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 25p each
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)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
11,916
£39.50
| ||||
e)
| Date of the transaction
| 2018-03-27 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Giovanni Giordano
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Director, Group Human Resources | ||||
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
| |||||
Transaction 1 | ||||||
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 25p each
GB0002875804
| ||||
b)
| Nature of the transaction
| Exercise of options under the British American Tobacco Long-Term Incentive Plan (2015 Award) | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
32,805
£nil
| ||||
e)
| Date of the transaction
| 2018-03-27 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
Transaction 2 | ||||||
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 25p each
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)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
15,495
£40.115
| ||||
e)
| Date of the transaction
| 2018-03-27 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
1
| Details of the person discharging managerial responsibilities/person closely associated | ||||||||
a) | Name | David O'Reilly | |||||||
2 | Reason for the notification | ||||||||
a) | Position/status | Group Scientific Director | |||||||
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 | ||||||||
Transaction 1 | |||||||||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary shares of 25p each GB0002875804 | |||||||
b) | Nature of the transaction | Exercise of options under the British American Tobacco Long-Term Incentive Plan (2015 Award) | |||||||
c) | Price(s) and volume(s) |
| |||||||
d) | Aggregated information
- Aggregated volume
- Price
|
23,195
£nil
| |||||||
e) | Date of the transaction | 2018-03-27 | |||||||
f) | Place of the transaction | London Stock Exchange (XLON) | |||||||
Transaction 2 |
| ||||||||
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 25p each
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)
|
|
| ||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
11,142
£39.12
|
| ||||||
e)
| Date of the transaction
| 2018-03-27 |
| ||||||
f)
| Place of the transaction
| London Stock Exchange (XLON) |
| ||||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Naresh Sethi
| ||||
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
| |||||
Transaction 1 | ||||||
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 25p each
GB0002875804
| ||||
b)
| Nature of the transaction
| Exercise of options under the British American Tobacco Long-Term Incentive Plan (2015 Award) | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
28,332
£nil
| ||||
e)
| Date of the transaction
| 2018-03-27 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
Transaction 2 | ||||||
a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 25p each
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)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
13,597
£39.432499
| ||||
e)
| Date of the transaction
| 2018-03-27 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
Name of officer of issuer responsible for making notification: Sophie Kerr Date of notification: 3 April 2018 |