Director/PDMR Shareholding

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

 

On 3 April 2017, awards of shares made under the 2014 International Share Reward Scheme vested in accordance with the rules of the British American Tobacco International Employee Share Ownership Plan and the Trustee of the Plan transferred accrued dividend shares to the following persons discharging managerial responsibilities.  Details of the transactions, including subsequent sales of shares where applicable, are set out below.

 

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 & External Affairs 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
Transaction 1
a)	Description of the financial instrument, type of instrument   Identification code	Ordinary shares of 25p each   GB0002875804
b)	Nature of the transaction	Vesting of shares under the International Share Reward Scheme (2014 Award)
c)	Price(s) and volume(s)	Price(s)   Volume(s)   £33.355   73
d)	Aggregated information     - Aggregated volume     - Price	73     £33.355
e)	Date of the transaction	2017-04-03
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	Transfer of dividend shares accrued under the International Share Reward Scheme (2014 Award).
c)	Price(s) and volume(s)	Price(s)   Volume(s)   £35.87   2   £41.80   1   £49.37   1
d)	Aggregated information     - Aggregated volume     - Price	4     £42.3467
e)	Date of the transaction	2017-04-03
f)	Place of the transaction	London Stock Exchange (XLON)

 

 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name		Jack Bowles
2	Reason for the notification
a)	Position/status		Regional Director, Asia-Pacific
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		Vesting of shares under the International Share Reward Scheme (2014 Award)
c)	Price(s) and volume(s)		Price(s) Volume(s) £33.355   73
d)	Aggregated information   - Aggregated volume   - Price		73   £33.355
e)	Date of the transaction		2017-04-03
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		Transfer of dividend shares accrued under the International Share Reward Scheme (2014 Award).
c)		Price(s) and volume(s)		Price(s) Volume(s) £35.87 2   £41.80   1   £49.37 1
d)		Aggregated information   - Aggregated volume   - Price		4   £42.3467
e)		Date of the transaction		2017-04-03
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		Sale of shares to meet tax liability arising from the vesting under the International Share Reward Scheme (2014 Award)
c)		Price(s) and volume(s)		Price(s) Volume(s) £52.90   25
d)		Aggregated information   - Aggregated volume   - Price		25   £52.90
e)		Date of the transaction		2017-04-03
f)		Place of the transaction		London Stock Exchange (XLON)

 

 

 

Name of officer of issuer responsible for making notification: Bridget Creegan Date of notification: 6 April 2017