Director/PDMR Shareholding

Summary by AI BETAClose X

On March 30, 2026, British American Tobacco's Chief Executive, Tadeu Marroco, received 43,936 ordinary shares valued at nil cost under the 2021 LTIP. Subsequently, 20,652 of these shares were sold for £44.26 each, totaling £914,057.52, to cover tax liabilities arising from the share vesting.

Disclaimer*

British American Tobacco PLC
01 April 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

On 30 March 2026 the independent Trustee of the British American Tobacco Group Employee Trust released the following number of British American Tobacco p.l.c. 25p ordinary shares (the "Shares") granted in 2021 to the following Executive Director under the 2016 Long Term Incentive Plan ("LTIP"). Subsequent sales of shares are also 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

Transaction 1

a)

Description of the financial instrument, type of instrument

 

Identification code



Ordinary shares of 25p each

GB0002875804

b)

Nature of the transaction

Shares released from the 2021 LTIP.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

43,936

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

43,936

 

£nil

e)

Date of the transaction

2026-03-30

f)

Place of the transaction

Outside a trading venue

Transaction 2

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

 

Ordinary shares of 25p each

 

GB0002875804

 

 

b)

 

Nature of the transaction

 

 

Sale of shares to meet tax liability arising on vesting of the 2021 LTIP.

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£44.26

 

 

20,652

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

20,652

 

£914,057.52

 

e)

 

Date of the transaction

 

2026-03-30

 

f)

 

Place of the transaction

 

Outside a trading venue

 

 

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

Date of notification: 1 April 2026

 

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