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Director/PDMR Shareholding

20 Mar 2026 16:10

RNS Number : 5174X
British American Tobacco PLC
20 March 2026
 

British American Tobacco p.l.c.

("the Company")

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

On 19 March 2026, the Company granted awards of British American Tobacco p.l.c. 25p ordinary shares (the "Shares") to persons discharging managerial responsibilities listed below under the British American Tobacco Restricted Share Plan at an award price of 4,500 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

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

 

Identification code

Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Restricted Share Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£45.00

7,311

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

7,311

 

£328,995.00

e)

Date of the transaction

2026-03-19

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

 

Identification code

Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Restricted Share Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£45.00

10,111

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

10,111

£454,995.00

e)

Date of the transaction

2026-03-19

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

Interim Chief Financial Officer and 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

 

Identification code

Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Restricted Share Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£45.00

10,888

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

10,888

 

£489,960.00

e)

Date of the transaction

2026-03-19

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

 

Identification code

Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Restricted Share Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£45.00

8,944

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

8,944

 

£402,480.00

e)

Date of the transaction

2026-03-19

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

 

Identification code

Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Restricted Share Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£45.00

9,208

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

9,208

 

£414,360.00

e)

Date of the transaction

2026-03-19

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, 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

 

Identification code

Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Restricted Share Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£45.00

8,944

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

8,944

 

£402,480.00

e)

Date of the transaction

2026-03-19

f)

Place of the transaction

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Pascale Meulemeester

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

 

Identification code

Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Restricted Share Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£45.00

10,191

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

10,191

 

£458,595.00

e)

Date of the transaction

2026-03-19

f)

Place of the transaction

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Frederico 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

 

Identification code

Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Restricted Share Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£45.00

9,566

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

9,566

 

£430,470.00

e)

Date of the transaction

2026-03-19

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

 

Identification code

Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Restricted Share Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£45.00

8,166

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

8,166

£367,470.00

e)

Date of the transaction

2026-03-19

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

 

Identification code

Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Restricted Share Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£45.00

12,211

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

12,211

 

£549,495.00

e)

Date of the transaction

2026-03-19

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

 

Identification code

Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Restricted Share Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£45.00

9,955

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

9,955

 

£447,975.00

e)

Date of the transaction

2026-03-19

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

 

Identification code

Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Restricted Share Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£45.00

11,588

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

11,588

 

£521,460.00

e)

Date of the transaction

2026-03-19

f)

Place of the transaction

Outside a trading venue

 

 

Name of officer of issuer responsible for making notification: Nancy Jiang

Date of notification: 20 March 2026

 

 

 

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