16 Feb 2018 07:00
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
The following Non-Executive Directors of the Company were credited with Deferred Stock Units tracking the value of British American Tobacco p.l.c. American Depositary Shares in accordance with the terms of the Reynolds American Inc. ("RAI") Amended and Restated Deferred Compensation Plan following the acquisition of RAI by British American Tobacco p.l.c. on 25 July 2017.
1
| Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Holly Keller Koeppel | ||||
2 | Reason for the notification | |||||
a) | Position/status | Non-Executive 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 | Deferred Stock Units ("DSUs") tracking the value of British American Tobacco p.l.c. American Depositary Shares ("ADSs") N/A because the transaction relates to financial instruments linked to the issuer's ADSs | ||||
b) | Nature of the transaction | Credit of DSUs in accordance with the terms of the Reynolds American Inc. ("RAI") Amended and Restated Deferred Compensation Plan following the acquisition of RAI by British American Tobacco p.l.c. on 25 July 2017. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
- Aggregated volume
- Price
|
20,152.69
$Nil | ||||
e) | Date of the transaction | 2017-07-25 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Transaction 2 | ||||||
a) | Description of the financial instrument, type of instrument
Identification code | Deferred Stock Units ("DSUs") tracking the value of British American Tobacco p.l.c. American Depositary Shares ("ADSs") N/A because the transaction relates to financial instruments linked to the issuer's ADSs | ||||
b) | Nature of the transaction | Credit of additional DSUs by reference to the value of dividends declared on the ADSs underlying the DSUs. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
- Aggregated volume
- Price
|
239.32
$Nil | ||||
e) | Date of the transaction | 2017-10-03 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Transaction 3 | ||||||
a) | Description of the financial instrument, type of instrument
Identification code | Deferred Stock Units ("DSUs") tracking the value of British American Tobacco p.l.c. American Depositary Shares ("ADSs") N/A because the transaction relates to financial instruments linked to the issuer's ADSs | ||||
b) | Nature of the transaction | Credit of additional DSUs by reference to the value of dividends declared on the ADSs underlying the DSUs. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
- Aggregated volume
- Price
|
176.86
$Nil | ||||
e) | Date of the transaction | 2018-02-13 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Lionel Nowell, III | ||||
2 | Reason for the notification | |||||
a) | Position/status | Non-Executive 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 | Deferred Stock Units ("DSUs") tracking the value of British American Tobacco p.l.c. American Depositary Shares ("ADSs") N/A because the transaction relates to financial instruments linked to the issuer's ADSs | ||||
b) | Nature of the transaction | Credit of DSUs in accordance with the terms of the Reynolds American Inc. ("RAI") Amended and Restated Deferred Compensation Plan following the acquisition of RAI by British American Tobacco p.l.c. on 25 July 2017. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
- Aggregated volume
- Price
|
36,575.31
$Nil | ||||
e) | Date of the transaction | 2017-07-25 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Transaction 2 | ||||||
a) | Description of the financial instrument, type of instrument
Identification code | Deferred Stock Units ("DSUs") tracking the value of British American Tobacco p.l.c. American Depositary Shares ("ADSs") N/A because the transaction relates to financial instruments linked to the issuer's ADSs | ||||
b) | Nature of the transaction | Credit of additional DSUs by reference to the value of dividends declared on the ADSs underlying the DSUs. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
- Aggregated volume
- Price
|
434.34
$Nil | ||||
e) | Date of the transaction | 2017-10-03 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Transaction 3 | ||||||
a) | Description of the financial instrument, type of instrument
Identification code | Deferred Stock Units ("DSUs") tracking the value of British American Tobacco p.l.c. American Depositary Shares ("ADSs") N/A because the transaction relates to financial instruments linked to the issuer's ADSs | ||||
b) | Nature of the transaction | Credit of additional DSUs by reference to the value of dividends declared on the ADSs underlying the DSUs. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
- Aggregated volume
- Price
|
320.98
$Nil | ||||
e) | Date of the transaction | 2018-02-13 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Name of officer of issuer responsible for making notification: Bridget Creegan
Date of notification: 16 February 2018
British American Tobacco (BATS)