Holding(s) in Company

RNS Number : 4251H

British American Tobacco PLC

04 November 2008

 



British American Tobacco p.l.c.

4 November 2008

British American Tobacco p.l.c. received the following notification on 4 November 2008:-

QUOTE

TR-1: Notification of Major Interests in Shares

1.    Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

British American Tobacco p.l.c.

2.    Reason for the notification (please state Yes/No)

      An acquisition or disposal of voting rights (Yes)

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached (No)

      An event changing the breakdown of voting rights (No)

Other: (No)

3.    Full name of person(s) subject to the notification obligation:

       Reinet Investments S.C.A.

4.    Full name of shareholder(s) (if different from 3):

       Reinet Investments S.C.A. (direct as to disposed holding and indirect as to remaining holding)

       Reinet Jersey Holdings Limited (direct as to remaining holding)

5.    Date of the transaction (and date on which the threshold is crossed or reached if 
       different):  3 November 2008

6.    Date on which issuer notified:

4 November 2008

7.    Threshold(s) that is/are crossed or reached:

3%

8.    Notified details:

A. Voting rights attached to shares

Class/type of shares	Situation previous to the Triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of voting rights
				Direct	Indirect	Direct	Indirect
Ordinary shares of 25 pence each ISIN:   GB0002875804	390,036,627	390,036,627			39,003,663		1.95%

B. Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument	Expiration date	Exercise/Conversion Period/Date	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
N/A

Total (A+B)

Number of voting rights        % of voting rights

39,003,663            1.95%

9.    Chain of controlled undertakings through which the voting rights and/or the financial instruments are 
       effectively held, if applicable:

Through a reduction of capital, Reinet Investments S.C.A has disposed of its direct holding of BAT shares. Following the disposal Reinet Investments S.C.A has a holding 1.95% of the ordinary share capital of British American Tobacco p.l.c., which is held indirectly through its wholly owned subsidiary Reinet Jersey Holdings Limited.

Proxy voting

10.  Name of the proxy holder:

 N/A

11.  Number of voting rights proxy holder will cease to hold:

 N/A

12.  Date on which proxy holder will cease to hold voting rights:

 N/A

13.  Additional information:

The total number of voting rights in the issuer used to calculate the relevant percentages in this notification was 1,998,487,084, being the number disclosed by the issuer to the market on 3 November 2008.

Contact name: 

14.    Alan Grieve

15.    Contact telephone number:

[phone]

UNQUOTE

Geoffrey Cunnington

Deputy Secretary

British American Tobacco p.l.c.

Tel: [phone]

 

END

 

 

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