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Director/PDMR Shareholding

2 Apr 2025 15:00

RNS Number : 3928D
British American Tobacco PLC
02 April 2025
 

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 31 March 2025 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 under the 2020 Long-Term Incentive Plan. Subsequent sales of shares are also set out below.

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 /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

Shares released under the 2020 Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

67,109

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

67,109

 

£nil

e)

Date of the transaction

2025-03-31

f)

Place of the transaction

Outside a trading venue

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 vesting of 2020 Long-Term Incentive Plan

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£31.820

 

 

31,544

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

31,544

 

£1,003,730.08

 

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: 2 April 2025

 

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END
 
 
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