Director/PDMR Shareholding

Summary by AI BETAClose X

British American Tobacco p.l.c. has announced that several persons discharging managerial responsibilities, including the Chief Executive Tadeu Marroco, acquired ordinary shares on August 14, 2026, through the reinvestment of dividend income. The transactions involved the acquisition of varying numbers of shares at a price of £42.1532 each, with the total value of these acquisitions amounting to £1,686.13 for Mr. Marroco, £1,138.14 for Fred Monteiro, £84.31 for Cora Koppe-Stahrenberg, £379.38 for Javed Iqbal, £885.22 for James Murphy, £1,475.36 for Johan Vandermeulen, £800.91 for Luciano Comin, £1,053.83 for David Waterfield, £379.38 for Zafar Khan, £421.53 for Kingsley Wheaton, £800.91 for Paul McCrory, and £2,613.50 for James Barrett.

Disclaimer*

British American Tobacco PLC
18 August 2026
 

British American Tobacco p.l.c.

("the Company")

 

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

 

The Company has been notified by the trustee of the British American Tobacco Share Incentive Plan that on 14 August 2026 the following Executive Director and other persons discharging managerial responsibilities acquired the following ordinary shares of 25p each in British American Tobacco p.l.c. as a result of the reinvestment of dividend income.  

 

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

Acquisition of shares as a result of the reinvestment of dividend income by the Trustee of the British American Tobacco Share Incentive Plan. 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£42.1532

40

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

40

 

£1,686.13

e)

Date of the transaction

2026-08-14

f)

Place of the transaction

London Stock Exchange (XLON)

 

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

Acquisition of shares as a result of the reinvestment of dividend income by the Trustee of the British American Tobacco Share Incentive Plan. 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£42.1532

27

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

27

 

£1,138.14

e)

Date of the transaction

2026-08-14

f)

Place of the transaction

London Stock Exchange (XLON)

 

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

Acquisition of shares as a result of the reinvestment of dividend income by the Trustee of the British American Tobacco Share Incentive Plan. 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£42.1532

2

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

2

 

£84.31

e)

Date of the transaction

2026-08-14

f)

Place of the transaction

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Javed Iqbal

2

Reason for the notification

a)

Position/status

Interim Chief Financial Officer 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

Acquisition of shares as a result of the reinvestment of dividend income by the Trustee of the British American Tobacco Share Incentive Plan. 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£42.1532

9

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

9

 

£379.38

e)

Date of the transaction

2026-08-14

f)

Place of the transaction

London Stock Exchange (XLON)

 

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

Acquisition of shares as a result of the reinvestment of dividend income by the Trustee of the British American Tobacco Share Incentive Plan. 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£42.1532

21

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

21

 

£885.22

e)

Date of the transaction

2026-08-14

f)

Place of the transaction

London Stock Exchange (XLON)

 

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

Acquisition of shares as a result of the reinvestment of dividend income by the Trustee of the British American Tobacco Share Incentive Plan. 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£42.1532

35

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

35

 

£1,475.36

e)

Date of the transaction

2026-08-14

f)

Place of the transaction

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Luciano Comin

2

Reason for the notification

a)

Position/status

Chief Marketing 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

Acquisition of shares as a result of the reinvestment of dividend income by the Trustee of the British American Tobacco Share Incentive Plan. 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£42.1532

19

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

19

 

£800.91

e)

Date of the transaction

2026-08-14

f)

Place of the transaction

London Stock Exchange (XLON)

 

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

Acquisition of shares as a result of the reinvestment of dividend income by the Trustee of the British American Tobacco Share Incentive Plan. 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£42.1532

25

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

25

 

£1,053.83

e)

Date of the transaction

2026-08-14

f)

Place of the transaction

London Stock Exchange (XLON)

 

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

Acquisition of shares as a result of the reinvestment of dividend income by the Trustee of the British American Tobacco Share Incentive Plan. 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£42.1532

9

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

9

 

£379.38

e)

Date of the transaction

2026-08-14

f)

Place of the transaction

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Kingsley Wheaton

2

Reason for the notification

a)

Position/status

Chief Corporate 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

Acquisition of shares as a result of the reinvestment of dividend income by the Trustee of the British American Tobacco Share Incentive Plan. 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£42.1532

10

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

10

 

£421.53

e)

Date of the transaction

2026-08-14

f)

Place of the transaction

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Paul McCrory

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

Acquisition of shares as a result of the reinvestment of dividend income by the Trustee of the British American Tobacco Share Incentive Plan. 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£42.1532

19

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

19

 

£800.91

e)

Date of the transaction

2026-08-14

f)

Place of the transaction

London Stock Exchange (XLON)

 

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

Acquisition of shares as a result of the reinvestment of dividend income by the Trustee of the British American Tobacco Share Incentive Plan. 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£42.1532

62

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

62

 

£2,613.50

e)

Date of the transaction

2026-08-14

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

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

Date of notification: 18 August 2026

 

 

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