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RNS Number : 9725H  British American Tobacco PLC  22 March 2024

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 20 March 2024, the Company granted awards of British American Tobacco
p.l.c. 25p ordinary shares (the "Shares") to the Executive Director and other
persons discharging managerial responsibilities (the "Participants") listed
below under the British American Tobacco Long-Term Incentive Plan at an award
price of 2,384 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 Director's 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                                                         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  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)

                                                            £23.84    281,816

 d)   Aggregated information

      - Aggregated volume                                          281,816

      - Price                                                      £6,718,493.44

 e)   Date of the transaction                                      2024-03-20
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

281,816

 

£6,718,493.44

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

 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 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)

                                                            £23.84    58,973

 d)   Aggregated information

      - Aggregated volume                                          58,973

      - Price                                                      £1,405,916.32

 e)   Date of the transaction                                      2024-03-20
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

58,973

 

£1,405,916.32

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

 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  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)

                                                            £23.84    41,107

 d)   Aggregated information

      - Aggregated volume                                          41,107

      - Price                                                      £979,990.88

 e)   Date of the transaction                                      2024-03-20
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

41,107

 

£979,990.88

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

 1    Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name                                                         Luciano Comin
 2    Reason for the notification
 a)   Position/status                                              Marketing Director, Combustibles & 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)

                                                            £23.84    61,661

 d)   Aggregated information

      - Aggregated volume                                          61,661

      - Price                                                      £1,469,998.24

 e)   Date of the transaction                                      2024-03-20
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

61,661

 

£1,469,998.24

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

 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, Middle East and 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)

                                                            £23.84    51,883

 d)   Aggregated information

      - Aggregated volume                                          51,883

      - Price                                                      £1,236,890.72

 e)   Date of the transaction                                      2024-03-20
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

51,883

 

£1,236,890.72

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

 1    Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name                                                         Javed Iqbal
 2    Reason for the notification
 a)   Position/status                                              Interim Finance Director, 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  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)

                                                            £23.84    66,799

 d)   Aggregated information

      - Aggregated volume                                          66,799

      - Price                                                      £1,592,488.16

 e)   Date of the transaction                                      2024-03-20
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

66,799

 

£1,592,488.16

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

 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)

                                                            £23.84    51,883

 d)   Aggregated information

      - Aggregated volume                                          51,883

      - Price                                                      £1,236,890.72

 e)   Date of the transaction                                      2024-03-20
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

51,883

 

£1,236,890.72

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

 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  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)

                                                            £23.84    56,522

 d)   Aggregated information

      - Aggregated volume                                          56,522

      - Price                                                      £1,347,484.48

 e)   Date of the transaction                                      2024-03-20
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

56,522

 

£1,347,484.48

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

 1    Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name                                                         Paul McCrory
 2    Reason for the notification
 a)   Position/status                                              Director, Corporate and Regulatory Affairs
 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)

                                                            £23.84    41,107

 d)   Aggregated information

      - Aggregated volume                                          41,107

      - Price                                                      £979,990.88

 e)   Date of the transaction                                      2024-03-20
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

41,107

 

£979,990.88

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

 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  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)

                                                            £23.84    47,931

 d)   Aggregated information

      - Aggregated volume                                          47,931

      - Price                                                      £1,142,675.04

 e)   Date of the transaction                                      2024-03-20
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

47,931

 

£1,142,675.04

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

 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)

                                                            £23.84    43,162

 d)   Aggregated information

      - Aggregated volume                                          43,162

      - Price                                                      £1,028,982.08

 e)   Date of the transaction                                      2024-03-20
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

43,162

 

£1,028,982.08

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 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  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)

                                                            £23.84    73,993

 d)   Aggregated information

      - Aggregated volume                                          73,993

      - Price                                                      £1,763,993.12

 e)   Date of the transaction                                      2024-03-20
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

73,993

 

£1,763,993.12

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

 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  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)

                                                            £23.84    51,384

 d)   Aggregated information

      - Aggregated volume                                          51,384

      - Price                                                      £1,224,994.56

 e)   Date of the transaction                                      2024-03-20
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

51,384

 

£1,224,994.56

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

 1    Details of the person discharging managerial responsibilities/person closely

    associated

 a)   Name                                                         Kingsley Wheaton
 2    Reason for the notification
 a)   Position/status                                              Chief Strategy and 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)

                                                            £23.84    71,533

 d)   Aggregated information

      - Aggregated volume                                          71,533

      - Price                                                      £1,705,346.72

 e)   Date of the transaction                                      2024-03-20
 f)   Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

71,533

 

£1,705,346.72

e)

Date of the transaction

2024-03-20

f)

Place of the transaction

Outside a trading venue

 

 

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

 Date of notification: 22 March 2024

 

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