Director/PDMR Shareholding | RNS | Ticker

Director/PDMR Shareholding

RNS Announcement

RNS Number : 2441B

British American Tobacco PLC

31 March 2017

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

On 28 March 2017 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 Executive Directors and persons discharging managerial responsibilities under the 2014 Long-Term Incentive Plan ("2014 Award"). Subsequent sales of shares are also set out below.

Details of the person discharging managerial responsibilities / person closely associated

Name

Nicandro Durante

Reason for the notification

Position/status

Chief Executive

Initial notification /Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

British American Tobacco p.l.c.

LEI

213800FKA5MF17RJKT63

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

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

GB0002875804

Nature of the transaction

Exercise of options under the British American Tobacco Long-Term Incentive Plan (2014 Award)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

62,123

Aggregated information

- Aggregated volume

- Price

62,123

£nil

Date of the transaction

2017-03-28

Place of the transaction

London Stock Exchange (XLON)

Transaction 2

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

GB0002875804

Nature of the transaction

Sale of shares to meet tax liability arising on exercise of Long-Term Incentive Plan options

Price(s) and volume(s)

Price(s)

Volume(s)

£52.11

29,842

Aggregated information

- Aggregated volume

- Price

29,842

£52.11

Date of the transaction

2017-03-28

Place of the transaction

London Stock Exchange (XLON)

Details of the person discharging managerial responsibilities / person closely associated

Name

Jerome Abelman

Reason for the notification

Position/status

Director, Legal & External Affairs and General Counsel

Initial notification /Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

British American Tobacco p.l.c.

LEI

213800FKA5MF17RJKT63

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

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

GB0002875804

Nature of the transaction

Exercise of options under the British American Tobacco Long-Term Incentive Plan (2014 LTIP)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

3,588

Aggregated information

- Aggregated volume

- Price

3,588

£nil

Date of the transaction

2017-03-28

Place of the transaction

London Stock Exchange (XLON)

Transaction 2

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

GB0002875804

Nature of the transaction

Sale of shares to meet tax liability arising on exercise of Long-Term Incentive Plan options.

Price(s) and volume(s)

Price(s)

Volume(s)

£52.53

1,576

Aggregated information

- Aggregated volume

- Price

1,576

£52.53

Date of the transaction

2017-03-28

Place of the transaction

London Stock Exchange (XLON)

Details of the person discharging managerial responsibilities / person closely associated

Name

Giovanni Giordano

Reason for the notification

Position/status

Director, Group Human Resources

Initial notification /Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

British American Tobacco p.l.c.

LEI

213800FKA5MF17RJKT63

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

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

GB0002875804

Nature of the transaction

Exercise of options under the British American Tobacco Long-Term Incentive Plan (2014 Award)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

17,119

Aggregated information

- Aggregated volume

- Price

17,119

£nil

Date of the transaction

2017-03-28

Place of the transaction

London Stock Exchange (XLON)

Transaction 2

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

GB0002875804

Nature of the transaction

Sale of shares to meet tax liability arising on exercise of Long-Term Incentive Plan options.

Price(s) and volume(s)

Price(s)

Volume(s)

£52.53

8,238

Aggregated information

- Aggregated volume

- Price

8,238

£52.53

Date of the transaction

2017-03-28

Place of the transaction

London Stock Exchange (XLON)

Details of the person discharging managerial responsibilities / person closely associated

Name

Tadeu Marroco

Reason for the notification

Position/status

Regional Director, Western Europe

Initial notification /Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

British American Tobacco p.l.c.

LEI

213800FKA5MF17RJKT63

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

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

GB0002875804

Nature of the transaction

Exercise of options under the British American Tobacco Long-Term Incentive Plan (2014 Award)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

4,709

Aggregated information

- Aggregated volume

- Price

4,709

£nil

Date of the transaction

2017-03-28

Place of the transaction

London Stock Exchange (XLON)

Transaction 2

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

GB0002875804

Nature of the transaction

Sale of shares to meet tax liability arising on exercise of Long-Term Incentive Plan options.

Price(s) and volume(s)

Price(s)

Volume(s)

£52.073057

2,263

Aggregated information

- Aggregated volume

- Price

2,263

£52.073057

Date of the transaction

2017-03-28

Place of the transaction

London Stock Exchange (XLON)

Details of the person discharging managerial responsibilities/person closely associated

Name

David O'Reilly

Reason for the notification

Position/status

Group Scientific Director

Initial notification /Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

British American Tobacco p.l.c.

LEI

N/A

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

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

GB0002875804

Nature of the transaction

Exercise of options under the British American Tobacco Long-Term Incentive Plan (2014 Award)

Price(s) and volume(s)

Price(s)	Volume(s)
£nil	11,471

Aggregated information

- Aggregated volume

- Price

11,471

£nil

Date of the transaction

2017-03-28

Place of the transaction

London Stock Exchange (XLON)

Transaction 2

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

GB0002875804

Nature of the transaction

Sale of shares to meet tax liability arising on exercise of Long-Term Incentive Plan options.

Price(s) and volume(s)

Price(s)

Volume(s)

£52.185059

5,512

Aggregated information

- Aggregated volume

- Price

5,512

£52.185059

Date of the transaction

2017-03-28

Place of the transaction

London Stock Exchange (XLON)

Details of the person discharging managerial responsibilities/person closely associated

Name

Kingsley Wheaton

Reason for the notification

Position/status

Managing Director, Next Generation Products

Initial notification /Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

British American Tobacco p.l.c.

LEI

N/A

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

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

GB0002875804

Nature of the transaction

Exercise of options under the British American Tobacco Long-Term Incentive Plan (2014 Award)

Price(s) and volume(s)

Price(s)	Volume(s)
£nil	12,177

Aggregated information

- Aggregated volume

- Price

12,177

£nil

Date of the transaction

2017-03-28

Place of the transaction

London Stock Exchange (XLON)

Transaction 2

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

GB0002875804

Nature of the transaction

Sale of shares on exercise of Long-Term Incentive Plan options.

Price(s) and volume(s)

Price(s)

Volume(s)

£52.222149

5,852

Aggregated information

- Aggregated volume

- Price

5,852

£52.222149

Date of the transaction

2017-03-28

Place of the transaction

London Stock Exchange (XLON)

Transaction 3

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

GB0002875804

Nature of the transaction

Sale of shares.

Price(s) and volume(s)

Price(s)

Volume(s)

£52.354599

4,701

Aggregated information

- Aggregated volume

- Price

4,701

£52.354599

Date of the transaction

2017-03-29

Place of the transaction

London Stock Exchange (XLON)

Name of officer of issuer responsible for making notification: Geoffrey Cunnington

Date of notification: 31 March 2017

This information is provided by RNS

The company news service from the London Stock Exchange

END

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RNS metadata

Title: Director/PDMR Shareholding
Time: 17:50:02
Date: 31 Mar 2017
Category:
ID: 2441B