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Director/PDMR Shareholding

28 Mar 2025 15:05

RNS Number : 7555C
British American Tobacco PLC
28 March 2025
 

British American Tobacco p.l.c.

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

On 25 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 and persons discharging managerial responsibilities under the 2022 Deferred Share Bonus Scheme. 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 2022 Deferred Share Bonus Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

20,325

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

20,325

 

£nil

e)

Date of the transaction

2025-03-25

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 2022 Deferred Share Bonus Scheme

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£31.360

 

 

9,555

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

9,555

 

£299,644.80

 

e)

 

Date of the transaction

 

2025-03-26

 

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 /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 2022 Deferred Share Bonus Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

11,837

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

11,837

 

£nil

e)

Date of the transaction

2025-03-25

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 2022 Deferred Share Bonus Scheme

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£31.360

 

 

5,566

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

5,566

 

£174,549.76

 

e)

 

Date of the transaction

 

2025-03-26

 

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 /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 2022 Deferred Share Bonus Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

6,058

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

6,058

 

£nil

e)

Date of the transaction

2025-03-25

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 on vesting of 2022 Deferred Share Bonus Scheme, including to meet tax liability arising

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£31.360

 

 

6,058

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

6,058

 

£189,978.88

 

e)

 

Date of the transaction

 

2025-03-26

 

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

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 2022 Deferred Share Bonus Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

11,029

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

11,029

 

£nil

e)

Date of the transaction

2025-03-25

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 2022 Deferred Share Bonus Scheme

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£31.360

 

 

5,186

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

5,186

 

£162,632.96

 

e)

 

Date of the transaction

 

2025-03-26

 

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 /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 2022 Deferred Share Bonus Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

9,627

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

9,627

 

£nil

e)

Date of the transaction

2025-03-25

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 2022 Deferred Share Bonus Scheme

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£31.360

 

 

4,527

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

4,527

 

£141,966.72

 

e)

 

Date of the transaction

 

2025-03-26

 

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 /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 2022 Deferred Share Bonus Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

5,115

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

5,115

 

£nil

e)

Date of the transaction

2025-03-25

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 2022 Deferred Share Bonus Scheme

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£31.360

 

 

2,406

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

2,406

 

£75,452.16

 

e)

 

Date of the transaction

 

2025-03-26

 

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

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 2022 Deferred Share Bonus Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

9,627

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

9,627

 

£nil

e)

Date of the transaction

2025-03-25

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 2022 Deferred Share Bonus Scheme

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£31.360

 

 

4,527

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

4,527

 

£141,966.72

 

e)

 

Date of the transaction

 

2025-03-26

 

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 /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 2022 Deferred Share Bonus Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

3,106

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

3,106

 

£nil

e)

Date of the transaction

2025-03-25

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 2022 Deferred Share Bonus Scheme

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£31.360

 

 

1,462

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

1,462

 

£45,848.32

 

e)

 

Date of the transaction

 

2025-03-26

 

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 /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 2022 Deferred Share Bonus Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

5,191

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

5,191

 

£nil

e)

Date of the transaction

2025-03-25

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 2022 Deferred Share Bonus Scheme

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£31.360

 

 

2,442

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

2,442

 

£76,581.12

 

e)

 

Date of the transaction

 

2025-03-26

 

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

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 2022 Deferred Share Bonus Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

2,343

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

2,343

 

£nil

e)

Date of the transaction

2025-03-25

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 2022 Deferred Share Bonus Scheme

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£31.360

 

 

1,104

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

1,104

 

£34,621.44

 

e)

 

Date of the transaction

 

2025-03-26

 

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

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 2022 Deferred Share Bonus Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

12,708

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

12,708

 

£nil

e)

Date of the transaction

2025-03-25

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 2022 Deferred Share Bonus Scheme

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£31.360

 

 

5,975

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

5,975

 

£187,376.00

 

e)

 

Date of the transaction

 

2025-03-26

 

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

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 2022 Deferred Share Bonus Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

6,346

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

6,346

 

£nil

e)

Date of the transaction

2025-03-25

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 2022 Deferred Share Bonus Scheme

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£31.360

 

 

2,985

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

2,985

 

£93,609.60

 

e)

 

Date of the transaction

 

2025-03-26

 

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

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 2022 Deferred Share Bonus Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

14,851

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

14,851

 

£nil

e)

Date of the transaction

2025-03-25

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 2022 Deferred Share Bonus Scheme

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£31.360

 

 

6,982

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

6,982

 

£218,955.52

 

e)

 

Date of the transaction

 

2025-03-26

 

f)

 

Place of the transaction

 

Outside a trading venue

 

 

 

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

Date of notification: 28 March 2025

 

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