24 Nov 2023 14:30
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 24 November 2023 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 person discharging managerial responsibilities under the 2016 Long-Term Incentive Plan ("2017 Award"). Subsequent sales of shares are also set out below.
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
| Exercise of options under the British American Tobacco Long-Term Incentive Plan (2017 Award) | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
896
£nil
| ||||
e)
| Date of the transaction
| 2023-11-24 | ||||
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 | Transfer of shares from options exercised under the Long-Term Incentive Plan (2017 Award) | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
- Aggregated volume
- Price
|
474
£nil | ||||
e) | Date of the transaction | 2023-11-24 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Transaction 3 | ||||||
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 (2017 Award) | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
422
£10,780.17
| ||||
e)
| Date of the transaction
| 2023-11-24 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
Name of officer of issuer responsible for making notification: Nancy Jiang
Date of notification: 24 November 2023
British American Tobacco (BATS)