Source - RNS
RNS Number : 0138K
British American Tobacco PLC
05 April 2018
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

On 29 March 2018 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 to the following persons discharging managerial responsibilities under the 2015 Long-Term Incentive Plan ("2015 Award"). Subsequent sales of shares are also 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 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

Transaction 1

a)

Description of the financial instrument, type of instrument

 

Identification code


Ordinary shares of 25p each

GB0002875804

b)

Nature of the transaction

Exercise of options under the British American Tobacco Long-Term Incentive Plan (2015 Award)

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

34,131

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

34,131

 

£nil

 

e)

Date of the transaction

2018-03-29

f)

Place of the transaction

London Stock Exchange (XLON)

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 exercise of Long-Term Incentive Plan options

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£41.45024

 

 

 5,840

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

5,840

 

 

£41.45024

 

 

e)

 

Date of the transaction

 

 

2018-03-29

 

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, 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

 

 

Transaction 1

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

 

Ordinary shares of 25p each

 

GB0002875804

 

b)

 

Nature of the transaction

 

 

Exercise of options under the British American Tobacco Long-Term Incentive Plan (2015 Award)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£nil

 

27,503

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

27,503

 

 

£nil

 

e)

 

Date of the transaction

 

 

2018-03-29

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

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 exercise of Long-Term Incentive Plan options

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£40.655

 

 

 12,763

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

12,763

 

 

£40.655

 

e)

 

Date of the transaction

 

 

2018-03-29

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

Name of officer of issuer responsible for making notification: Sophie Kerr

Date of notification: 5 April 2018

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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