Director/PDMR Shareholding

RNS Number : 4081U
British American Tobacco PLC
06 April 2016
 

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

 

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

 

 

1.       The Company was notified on 5 April 2016 that the independent Trustee of the British American Tobacco Group Employee Trust had on 31 March 2016 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 2013 Long-Term Incentive Plan ("2013 LTIP"):

 

Participant

Total No. of Shares under 2013 LTIP Award

No. of Shares Lapsed

No. of Shares released from 2013 LTIP Award

No. of Shares Sold

Price at which Shares sold
(pence)

Net No. of Shares acquired

J Vandermeulen

6,518

5,867

651

651

4,075.00

0

 

            Mr Vandermeulen's 2013 LTIP Award will be cash settled by the Company.

 

2.       The Company was notified on 5 April 2016 by the trustees of the British American Tobacco Employee Share Ownership Plan and the British American Tobacco International Employee Share Ownership Plan (together the "Plans") that on 1 April 2016 Shares were awarded to the Executive Directors and other persons discharging managerial responsibilities listed below by way of the Share Reward Scheme and the International Share Reward Scheme respectively (the Free Shares element of the Plans) at a price of 4,090 pence per Share.

 

The number of Shares awarded to each Participant was as follows:

 

Participant 

British American Tobacco Shares Awarded

N Durante

88

J B Stevens

88

J B Abelman

88

J Bowles

88

A Davy

88

G Giordano

88

A M Gray

88

T L Marroco

88

R Oberlander

88

D O'Reilly

88

N K Sethi

88

J Vandermeulen

88

K Wheaton

88

 

3.       The Company was notified on 5 April 2016 by the trustee of the British American Tobacco International Employee Share Ownership Plan (the "Plan") (the "Trustee") that on 4 April 2016 awards of Shares made under the 2013 International Share Reward Scheme ("ISRS") had vested and, in accordance with the rules of the Plan, the Trustee had transferred accrued dividend shares to the person discharging managerial responsibilities as follows:

 

Participant

Shares vested under 2013 ISRS Award

Dividend Shares Transferred

No. of Shares sold

Price at which Shares sold

(pence)

Net No. of Shares acquired

J Bowles

71

5

35

4,098.00

41

 

 

4.       Following the above transactions, the total beneficial and family interests in British American Tobacco p.l.c. 25p ordinary shares of the following persons discharging managerial responsibilities was as follows:

 

Participant

 

Total Beneficial and Family Interests following this Notification

N Durante

280,858 (including 76,575 Deferred Shares)

J B Stevens

106,327 (including 50,556 Deferred Shares)

J B Abelman

43,407 (including 13,215 Deferred Shares)

J Bowles

55,391 (including 27,173 Deferred Shares)

A Davy

43,298 (including 19,302 Deferred Shares)

G Giordano

40,703 (including 26,060 Deferred Shares)

A M Gray

64,605 (including 27,848 Deferred Shares)

T L Marroco

24,239 (including 14,290 Deferred Shares)

R Oberlander

57,928 (including 22,370 Deferred Shares)

D O'Reilly

28,252 (including 18,132 Deferred Shares)

N Sethi

54,020 (including 22,442 Deferred Shares)

J Vandermeulen

17,759 (including 17,443 Deferred Shares)

K Wheaton

22,414 (including 20,037 Deferred Shares)

 

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

 

B M Creegan

Assistant Secretary

 

6 April 2016

 

Enquiries:

 

Investor Relations

Mike Nightingale/Rachael Brierley      +44 20 7845 1180/1519

 

British American Tobacco Press Office

Will Hill/Anna Vickerstaff                     +44 20 7845 2888

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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