Director/PDMR Shareholding

RNS Number : 7355D
British American Tobacco PLC
28 March 2011
 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

Notification made in accordance with Disclosure Rule 3.1.4R(1)(a) of the Disclosure and Transparency Rules.

 

1.    The independent Trustee of the British American Tobacco Group Employee Trust notified the Company on 25 March 2011 that it had on 24 March 2011 released the following number of British American Tobacco p.l.c. 25p ordinary shares (the "Shares") to the following persons discharging managerial responsibility:

 

Participant

Share Scheme

 

Deferred Share Bonus Scheme ("DSBS")

Long-Term Incentive
Plan ("LTIP")

Shares released from DSBS and LTIP Awards

No. of Shares sold

No. of Shares sold to cover tax liability

Price at which Shares sold

Net No. of Shares acquired

J B Stevens

2008 DSBS

6,655

6,655

n/a

£23.660000

0

J Bowles

 

2008 DSBS

 

2008 LTIP

2,932

 

10,167

2,932

 

10,167

n/a

 

n/a

£23.660000

 

£23.848999

0

 

0

 

 

2.    On 25 March 2011, the Company granted an award of British American Tobacco p.l.c. 25p ordinary shares to the Executive Directors of British American Tobacco and other persons discharging managerial responsibilities (the "Participants") listed below under the Deferred Share Bonus Scheme at an award price of 2377 pence per Share.  Awards under the Deferred Share Bonus Scheme are conditional awards of shares which are held in trust for three years and no further performance conditions apply in that period.

 

Participant

Deferred Shares Awarded

Total Beneficial Interests following this Notification

N Durante

22,056

183,181
(including 68,225 Deferred Shares)

J P Daly

17,833

70,252
(including 47,457 Deferred Shares)

J B Stevens*

23,702

143,643
(including 65,741 Deferred Shares)

J Bowles*

7,288

43,250
(including 17,893 Deferred Shares)

M M Cobben

10,026

147,149
(including 31,776 Deferred Shares)

D S Fell

9,877

47,257
(including 27,572 Deferred Shares)

A M Gray

10,124

59,144
(including 31,874 Deferred Shares)

J-M Levy

10,618

50,011
(including 30,464 Deferred Shares)

D J Naughton

6,856

18,717
(including 17,243 Deferred Shares)

M C T Prideaux

11,359

121,964
(including 36,367 Deferred Shares)

P H Taylor

10,248

154,398
(including 38,510 Deferred Shares)

N R Withington

11,359

153,426
(including 36,367 Deferred Shares)

 

* Balances take account of transactions stated in paragraph 1 above.

 

 

Name of duly authorised officer of issuer responsible for making notification: 

 

Bridget Creegan

Assistant Secretary

Tel: 020 7845 1927

 

28 March 2011

 

 

Enquiries:

 

Investor Relations
Ralph Edmondson/Maya Farhat                                 +44 20 7845 1180/1977

 

British American Tobacco Press Office
Kate Matrunola/Cat Armstrong/Christina Dona          +44 20 7845 2888

 


This information is provided by RNS
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