British American Tobacco p.l.c.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
On 7 October 2021 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 person discharging managerial responsibilities under the 2014, 2015, 2016, 2017 and 2018 Long-Term Incentive Plans ("2014 Award", "2015 Award", "2016 Award", "2017 Award", and "2018 Award" respectively). Subsequent sale of Shares is also set out below.
| 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 | ||||||||
| 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 (2014 Award) | |||||||
| c) | Price(s) and volume(s) |
| |||||||
| d) | Aggregated information
- Aggregated volume
- Price
|
4,540
£nil
| |||||||
| e) | Date of the transaction | 2021-10-07 | |||||||
| 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 on vesting of Long-Term Incentive Plan (2014 Award) |
| ||||||
| c)
| Price(s) and volume(s)
|
|
| ||||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
285
£25.45
|
| ||||||
| e)
| Date of the transaction
| 2021-10-07 |
| ||||||
| f)
| Place of the transaction
| London Stock Exchange (XLON) |
| ||||||
| Transaction 3 | |||||||||
| 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) |
| |||||||
| d) | Aggregated information
- Aggregated volume
- Price
|
8,954
£nil
| |||||||
| e) | Date of the transaction | 2021-10-07 | |||||||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||||||
| Transaction 4 |
| ||||||||
| 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 on vesting of Long-Term Incentive Plan (2015 Award) |
| ||||||
| c)
| Price(s) and volume(s)
|
|
| ||||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
552
£25.45
|
| ||||||
| e)
| Date of the transaction
| 2021-10-07 |
| ||||||
| f)
| Place of the transaction
| London Stock Exchange (XLON) |
| ||||||
| Transaction 5 | |||||||||
| 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 (2016 Award) | |||||||
| c) | Price(s) and volume(s) |
| |||||||
| d) | Aggregated information
- Aggregated volume
- Price
|
5,956
£nil
| |||||||
| e) | Date of the transaction | 2021-10-07 | |||||||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||||||
| Transaction 6 |
| ||||||||
| 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 on vesting of Long-Term Incentive Plan (2016 Award) |
| ||||||
| c)
| Price(s) and volume(s)
|
|
| ||||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
709
£25.45
|
| ||||||
| e)
| Date of the transaction
| 2021-10-07 |
| ||||||
| f)
| Place of the transaction
| London Stock Exchange (XLON) |
| ||||||
| Transaction 7 | |||||||||
| 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 (2017 Award) | |||||||
| c) | Price(s) and volume(s) |
| |||||||
| d) | Aggregated information
- Aggregated volume
- Price
|
5,755
£nil
| |||||||
| e) | Date of the transaction | 2021-10-07 | |||||||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||||||
| Transaction 8 |
| ||||||||
| 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 on vesting of Long-Term Incentive Plan (2017 Award) |
| ||||||
| c)
| Price(s) and volume(s)
|
|
| ||||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
1,412
£25.45
|
| ||||||
| e)
| Date of the transaction
| 2021-10-07 |
| ||||||
| f)
| Place of the transaction
| London Stock Exchange (XLON) |
| ||||||
| Transaction 9 | |||||||||
| 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 (2018 Award) | |||||||
| c) | Price(s) and volume(s) |
| |||||||
| d) | Aggregated information
- Aggregated volume
- Price
|
6,217
£nil
| |||||||
| e) | Date of the transaction | 2021-10-07 | |||||||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||||||
| Transaction 10 |
| ||||||||
| 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 on vesting of Long-Term Incentive Plan (2018 Award) |
| ||||||
| c)
| Price(s) and volume(s)
|
|
| ||||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
3,012
£25.45
|
| ||||||
| e)
| Date of the transaction
| 2021-10-07 |
| ||||||
| f)
| Place of the transaction
| London Stock Exchange (XLON) |
| ||||||
| Name of officer of issuer responsible for making notification: Oliver Martin Date of notification: 8 October 2021 |
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