REG - British Amer.Tobacco - Branch Register: Dividend Finalisation Information

British American TobaccoAnnouncement

17/06/2025 07:00

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RNS Number : 0550N  British American Tobacco PLC  17 June 2025

British American Tobacco p.l.c. (the "Company")

 

Quarterly Dividends for the year ended 31 December 2024:

Payment No. 2 - August 2025 (the "August 2025 Dividend")

South Africa Branch Register Finalisation Information

 

On 13 February 2025, the Company announced that the Board had declared an
interim dividend of 240.24p per ordinary share of 25p, payable in four equal
quarterly instalments of 60.06p per ordinary share in May 2025, August 2025,
November 2025 and February 2026.

 

The August 2025 Dividend will be payable on 1 August 2025 to shareholders
registered on either the UK main register or the South Africa branch register
on 27 June 2025 (the record date).

 

In accordance with the JSE Limited ("JSE") Listing Requirements, the
finalisation information for the August 2025 Dividend relating to shareholders
registered on the South Africa branch register is set out in the paragraphs
below.

 

The salient dates and other dividend declaration information announced on 13
February 2025 remain unchanged for the August 2025 Dividend.

 

South Africa Branch Register: Dividend Rate

 

The British American Tobacco Group reports in sterling, therefore dividends
are declared and payable in sterling except for shareholders on the branch
register in South Africa whose dividends are payable in rand.  A rate of
exchange of £:R=24.3147 as at 13 June 2025 (the closing rate on that date as
quoted by Bloomberg), results in an equivalent August 2025 Dividend of
1460.34088 SA cents per ordinary share.

 

South Africa Branch Register: Dividends Tax Information

 

South Africa Dividends Tax (at a rate of 20%), equivalent to 292.06818 SA
cents per ordinary share, will be withheld from the gross August 2025 Dividend
paid to shareholders on the South Africa branch register, unless a shareholder
qualifies for an exemption. After Dividends Tax has been withheld, the net
dividend will be 1168.27270 cents per ordinary share.  The August 2025
Dividend is regarded as a 'foreign dividend' for the purposes of the South
Africa Dividends Tax. For the purposes of South Africa Dividends Tax
reporting, the source of income for the payment of the August 2025 Dividend is
the United Kingdom.

 

At the close of business on 13 June 2025 (the latest practicable date prior to
the date of the declaration of the South African rand equivalent of the August
2025 Dividend), the Company had a total of 2,196,693,009 ordinary shares in
issue (excluding treasury shares). The Company held 133,005,360 ordinary
shares in treasury giving a total issued share capital of 2,329,698,369
ordinary shares.

 

British American Tobacco p.l.c. is registered with the South African Revenue
Service (SARS) with tax reference number 9378193172.

 

For the avoidance of doubt, Dividends Tax and the information provided above
is of only direct application to shareholders on the South Africa branch
register. Shareholders on the South Africa branch register should direct any
questions regarding the application of Dividends Tax to Computershare Investor
Services Proprietary Limited, contact details for which are given below:

 

Computershare Investor Services Proprietary Limited

Private Bag, X9000, Saxonwold, 2132

tel: 0861 100 634; +27 11 870 8216

email enquiries: web.queries@computershare.co.za

 

 

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

 

Nancy Jiang

Senior Assistant Company Secretary

British American Tobacco p.l.c.

 

17 June 2025

 

Enquiries:

 

British American Tobacco Media Centre

+44 (0)20 7845 2888 (24 hours) │@BATPlc

 

Investor Relations

Victoria Buxton | IR_team@bat.com

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