Director/PDMR Shareholding

British American Tobacco PLC
22 March 2024
 

British American Tobacco p.l.c.

 Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

Conditional Share Awards

 

On 20 March 2024, the Company granted awards of British American Tobacco p.l.c. 25p ordinary shares (the "Shares") to the Executive Director and other persons discharging managerial responsibilities (the "Participants") listed below under the British American Tobacco Long-Term Incentive Plan at an award price of 2,384 pence per Share.  The awards will vest three years from the grant date, subject to the satisfaction of performance conditions specified on the award date.  The Executive Director's awards are subject to an additional two-year vesting period.  The maximum number of shares comprised in the awards granted to the Participants which could vest if the performance conditions are met in full is shown under the name of each Participant set out below:

 

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Tadeu Marroco

2

Reason for the notification

a)

Position/status

Chief Executive

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

a)

Description of the financial instrument, type of instrument

 

Identification code


Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

£23.84

281,816

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

281,816

 

£6,718,493.44

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Jerome Abelman

2

Reason for the notification

a)

Position/status

Director, Legal and General Counsel

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

a)

Description of the financial instrument, type of instrument

 

Identification code


Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

£23.84

58,973

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

58,973

 

£1,405,916.32

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

James Barrett

2

Reason for the notification

a)

Position/status

Director, Business Development

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

a)

Description of the financial instrument, type of instrument

 

Identification code


Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

£23.84

41,107

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

41,107

 

£979,990.88

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Luciano Comin

2

Reason for the notification

a)

Position/status

Marketing Director, Combustibles & New Categories

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

a)

Description of the financial instrument, type of instrument

 

Identification code


Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

£23.84

61,661

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

61,661

 

£1,469,998.24

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Michael Dijanosic

2

Reason for the notification

a)

Position/status

Regional Director, Asia-Pacific, Middle East and Africa

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

a)

Description of the financial instrument, type of instrument

 

Identification code


Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

£23.84

51,883

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

51,883

 

£1,236,890.72

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Javed Iqbal

2

Reason for the notification

a)

Position/status

Interim Finance Director, and Director, Digital and Information

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

a)

Description of the financial instrument, type of instrument

 

Identification code


Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

£23.84

66,799

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

66,799

 

£1,592,488.16

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Zafar Khan

2

Reason for the notification

a)

Position/status

Director, Operations

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

a)

Description of the financial instrument, type of instrument

 

Identification code


Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

£23.84

51,883

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

51,883

 

£1,236,890.72

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Cora Koppe-Stahrenberg

2

Reason for the notification

a)

Position/status

Chief People Officer

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

a)

Description of the financial instrument, type of instrument

 

Identification code


Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

£23.84

56,522

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

56,522

 

£1,347,484.48

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Paul McCrory

2

Reason for the notification

a)

Position/status

Director, Corporate and Regulatory Affairs

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

a)

Description of the financial instrument, type of instrument

 

Identification code


Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

£23.84

41,107

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

41,107

 

£979,990.88

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Fred Monteiro

2

Reason for the notification

a)

Position/status

Regional Director, Americas & Europe

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

a)

Description of the financial instrument, type of instrument

 

Identification code


Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

£23.84

47,931

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

47,931

 

£1,142,675.04

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

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

a)

Description of the financial instrument, type of instrument

 

Identification code


Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

£23.84

43,162

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

43,162

 

£1,028,982.08

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Johan Vandermeulen

2

Reason for the notification

a)

Position/status

Chief Operating Officer

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

a)

Description of the financial instrument, type of instrument

 

Identification code


Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

£23.84

73,993

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

73,993

 

£1,763,993.12

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

David Waterfield

2

Reason for the notification

a)

Position/status

President and CEO, Reynolds American Inc.

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

a)

Description of the financial instrument, type of instrument

 

Identification code


Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

£23.84

51,384

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

51,384

 

£1,224,994.56

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Kingsley Wheaton

2

Reason for the notification

a)

Position/status

Chief Strategy and Growth Officer

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

a)

Description of the financial instrument, type of instrument

 

Identification code


Ordinary shares of 25p each

 

GB0002875804

b)

Nature of the transaction

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

£23.84

71,533

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

71,533

 

£1,705,346.72

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

Name of officer of issuer responsible for making notification: Nancy Jiang

Date of notification: 22 March 2024

 

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END
 
 
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