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RNS Number : 0556U  British American Tobacco PLC  23 March 2023

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 22 March 2023, the Company granted awards of British American Tobacco
p.l.c. 25p ordinary shares (the "Shares") to the Executive Directors and other
persons discharging managerial responsibilities (the "Participants") listed
below under the British American Tobacco Long-Term Incentive Plan at an award
price of 2,971 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 Directors' 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                                                         Jack Bowles
 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  Ordinary shares of 25p each

      Identification code                                          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)

                                                            £29.71    223,091

 d)   Aggregated information

      - Aggregated volume                                          223,091

      - Price                                                      £6,628,033.61

 e)   Date of the transaction                                      2023-03-22
 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

223,091

 

£6,628,033.61

e)

Date of the transaction

2023-03-22

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 1    Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name                                                         Tadeu Marroco
 2    Reason for the notification
 a)   Position/status                                              Finance and Transformation Director
 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  Ordinary shares of 25p each

      Identification code                                          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)

                                                            £29.71    108,165

 d)   Aggregated information

      - Aggregated volume                                          108,165

      - Price                                                      £3,213,582.15

 e)   Date of the transaction                                      2023-03-22
 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

108,165

 

£3,213,582.15

e)

Date of the transaction

2023-03-22

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 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 External Affairs 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  Ordinary shares of 25p each

      Identification code                                          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)

                                                            £29.71    39,001

 d)   Aggregated information

      - Aggregated volume                                          39,001

      - Price                                                      £1,158,719.71

 e)   Date of the transaction                                      2023-03-22
 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

39,001

 

£1,158,719.71

e)

Date of the transaction

2023-03-22

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                                              Regional Director, Americas and Sub-Saharan 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  Ordinary shares of 25p each

      Identification code                                          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)

                                                            £29.71    37,073

 d)   Aggregated information

      - Aggregated volume                                          37,073

      - Price                                                      £1,101,438.83

 e)   Date of the transaction                                      2023-03-22
 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

37,073

 

£1,101,438.83

e)

Date of the transaction

2023-03-22

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

 1    Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name                                                         Hae In Kim
 2    Reason for the notification
 a)   Position/status                                              Director, Talent, Culture and Inclusion
 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  Ordinary shares of 25p each

      Identification code                                          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)

                                                            £29.71    36,626

 d)   Aggregated information

      - Aggregated volume                                          36,626

      - Price                                                      £1,088,158.46

 e)   Date of the transaction                                      2023-03-22
 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

36,626

 

£1,088,158.46

e)

Date of the transaction

2023-03-22

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 1    Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name                                                         Paul Lageweg
 2    Reason for the notification
 a)   Position/status                                              Director, 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  Ordinary shares of 25p each

      Identification code                                          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)

                                                            £29.71    37,161

 d)   Aggregated information

      - Aggregated volume                                          37,161

      - Price                                                      £1,104,053.31

 e)   Date of the transaction                                      2023-03-22
 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

37,161

 

£1,104,053.31

e)

Date of the transaction

2023-03-22

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 1    Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name                                                         Guy Meldrum
 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  Ordinary shares of 25p each

      Identification code                                          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)

                                                            £29.71    43,907

 d)   Aggregated information

      - Aggregated volume                                          43,907

      - Price                                                      £1,304,476.97

 e)   Date of the transaction                                      2023-03-22
 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

43,907

 

£1,304,476.97

e)

Date of the transaction

2023-03-22

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                                              Regional Director, 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  Ordinary shares of 25p each

      Identification code                                          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)

                                                            £29.71    41,359

 d)   Aggregated information

      - Aggregated volume                                          41,359

      - Price                                                      £1,228,775.89

 e)   Date of the transaction                                      2023-03-22
 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

41,359

 

£1,228,775.89

e)

Date of the transaction

2023-03-22

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 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 and Middle East
 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  Ordinary shares of 25p each

      Identification code                                          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)

                                                            £29.71    33,665

 d)   Aggregated information

      - Aggregated volume                                          33,665

      - Price                                                      £1,000,187.15

 e)   Date of the transaction                                      2023-03-22
 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

33,665

 

£1,000,187.15

e)

Date of the transaction

2023-03-22

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 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  Ordinary shares of 25p each

      Identification code                                          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)

                                                            £29.71    47,999

 d)   Aggregated information

      - Aggregated volume                                          47,999

      - Price                                                      £1,426,050.29

 e)   Date of the transaction                                      2023-03-22
 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

47,999

 

£1,426,050.29

e)

Date of the transaction

2023-03-22

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  Ordinary shares of 25p each

      Identification code                                          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)

                                                            £29.71    26,664

 d)   Aggregated information

      - Aggregated volume                                          26,664

      - Price                                                      £792,187.44

 e)   Date of the transaction                                      2023-03-22
 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

26,664

 

£792,187.44

e)

Date of the transaction

2023-03-22

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  Ordinary shares of 25p each

      Identification code                                          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)

                                                            £29.71    33,665

 d)   Aggregated information

      - Aggregated volume                                          33,665

      - Price                                                      £1,000,187.15

 e)   Date of the transaction                                      2023-03-22
 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

33,665

 

£1,000,187.15

e)

Date of the transaction

2023-03-22

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                                              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  Ordinary shares of 25p each

      Identification code                                          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)

                                                            £29.71    29,686

 d)   Aggregated information

      - Aggregated volume                                          29,686

      - Price                                                      £881,971.06

 e)   Date of the transaction                                      2023-03-22
 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

29,686

 

£881,971.06

e)

Date of the transaction

2023-03-22

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 Name of officer of issuer responsible for making notification: Claire Dhokia

 Date of notification: 23 March 2023

 

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