REG - Imperial Brands PLC - Director/PDMR Shareholding

Imperial BrandsAnnouncement

17/02/2026 14:30

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RNS Number : 3795T  Imperial Brands PLC  17 February 2026

IMPERIAL BRANDS PLC

Legal Entity Identifier (LEI) No. 549300DFVPOB67JL3A42

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

 

Imperial Brands PLC (the "Company") Long Term Incentive Plan

 

Grant of 2026 LTIP awards

 

On 16 February 2026, the Company granted awards in respect of FY26 under the
Imperial Brands Long Term Incentive Plan (the "LTIP") to PDMRs, details of
which are provided below.

 

Further to its 2025 Annual Report and Accounts, the Company confirms that the
performance measures and targets (which should not be construed as guidance)
in respect of the Imperial Brands LTIP grant made on 16 February 2026 are:

 

                                             Weight  Cut-in   Target   Max
 Adjusted EPS growth at constant currency¹   40%     2.0%     4.2%     5.8%
 Return on invested capital                  15%     18.7%    21.4%    22.2%
 Cumulative free cash flow                   15%     £5.7bn   £6.6bn   £7.3bn
 Relative TSR                                20%     Median   N/A      Upper quart.
 ESG - Climate / Carbon reduction            5%      76.2%    78.3%    79.1%
 ESG - Climate / Energy reduction            5%      5.5%     10.7%    11.6%

1. EPS targets shown above exclude the benefit of the Company's share buyback
programme. This methodology aligns with the Investment Association guidance.

 

Details of individual awards are as follows:

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         LUKAS PARAVICINI

 2    Reason for the notification

 a)   Position/status                                              EXECUTIVE DIRECTOR - CHIEF EXECUTIVE  OFFICER

 b)   Initial notification /Amendment

                                                                   INITIAL NOTIFICATION
 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         IMPERIAL BRANDS PLC

 b)   LEI                                                          549300DFVPOB67JL3A42

 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

                                                                   GB0004544929
 b)   Nature of the transaction                                    AWARD GRANTED UNDER LONG TERM INCENTIVE PLAN

 c)   Price(s) and volume(s)

Price(s)         Volume(s)

                                                            NOT APPLICABLE   149,026

 d)   Aggregated information                                       N/A

 e)   Date of the transaction                                      16 FEBRUARY 2026

 f)   Place of the transaction                                     OUTSIDE A TRADING VENUE

d)

 

Aggregated information

 

N/A

e)

 

Date of the transaction

 

16 FEBRUARY 2026

f)

 

Place of the transaction

 

OUTSIDE A TRADING VENUE

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         MURRAY MCGOWAN

 2    Reason for the notification

 a)   Position/status                                              EXECUTIVE DIRECTOR - CHIEF FINANCIAL OFFICER

 b)   Initial notification /Amendment                              INITIAL NOTIFICATION

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         IMPERIAL BRANDS PLC

 b)   LEI                                                          549300DFVPOB67JL3A42

 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

                                                                   GB0004544929
 b)   Nature of the transaction                                    AWARD GRANTED UNDER LONG TERM INCENTIVE PLAN

 c)   Price(s) and volume(s)

Price(s)         Volume(s)

                                                            NOT APPLICABLE   58,926

 d)   Aggregated information                                       N/A

 e)   Date of the transaction                                      16 FEBRUARY 2026

 f)   Place of the transaction                                     OUTSIDE A TRADING VENUE

d)

 

Aggregated information

 

N/A

 

e)

 

Date of the transaction

 

16 FEBRUARY 2026

f)

 

Place of the transaction

 

OUTSIDE A TRADING VENUE

 

Chris Winters

Deputy Company Secretary

 

Copies of our announcements are available on our website:
https://www.imperialbrandsplc.com/investor-hub/stock-exchange-announcements
(https://www.imperialbrandsplc.com/investor-hub/stock-exchange-announcements)

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