British American Tobacco p.l.c. (the "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
On 31 March 2025 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 Director under the 2020 Long-Term Incentive Plan. Subsequent sales of shares are also set out below.
| 1
| Details of the person discharging managerial responsibilities/person closely associated | ||||||||
| a) | Name | Tadeu Marroco | |||||||
| 2 | Reason for the notification | ||||||||
| a) | Position/status | Chief Executive | |||||||
| 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 | Shares released under the 2020 Long-Term Incentive Plan | |||||||
| c) | Price(s) and volume(s) |
| |||||||
| d) | Aggregated information
- Aggregated volume
- Price
|
67,109
£nil | |||||||
| e) | Date of the transaction | 2025-03-31 | |||||||
| f) | Place of the transaction | Outside a trading venue | |||||||
| 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 vesting of 2020 Long-Term Incentive Plan |
| ||||||
| c)
| Price(s) and volume(s)
|
|
| ||||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
31,544
£1,003,730.08 |
| ||||||
| e)
| Date of the transaction
| 2025-04-01 |
| ||||||
| f)
| Place of the transaction
| Outside a trading venue |
| ||||||
| Name of officer of issuer responsible for making notification: Nancy Jiang Date of notification: 2 April 2025 |
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