Director/PDMR Shareholding

RNS Number : 7483I
British American Tobacco PLC
17 March 2010
 

NOTIFICATION OF TRANSACTIONS BY 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 16 March 2010 that it had on 15 March 2010 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

Total Beneficial and Family Interests following this Notification

Mark Cobben

 

2007 DSBS

2007 LTIP

4,480

14,847

4,480

14,847

n/a

n/a

£22.1350

£22.1500

n/a

n/a

133,568 (including 18,223 Deferred Shares)

Neil Withington

 

2007 DSBS

 

11,986

 

n/a

 

5,016

 

£22.1550

 

6,970

 

135,675 (including 22,402 Deferred Shares)

 

 

2.       The Company was notified on 17 March 2010 that on the same day Mr Ben Stevens, an executive director and a person discharging managerial responsibilities, sold 7,324 British American Tobacco p.l.c. 25p ordinary shares (the "Shares") at a price of £22.37748 per Share.  Following this notification, Mr Stevens has a total beneficial and family interest in 110,523 Shares (including 32,769 Deferred Shares).

 

 

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

 

G C W Cunnington

Deputy Secretary

 

020 7845 1925

 

17 March 2010

 

 

Investor Relations:

Ralph Edmondson                  020 7845 1180

 

Press Office:

David Betteridge/Elif Boutlu    020 7845 2888

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSEDLFFBXFFBBF
UK 100

Latest directors dealings