EX-99.1 2 ex-1.htm PRESS RELEASE
Exhibit 1
 

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


1
Details of the person discharging managerial responsibilities / person closely associated
 
 
a)
Name
 
Naresh Sethi
2
Reason for the notification
 
a)
Position/status
 
 
Director, Business Development
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)
       
     
Price(s)
 
Volume(s)
 
     
£nil
 
14,648
 
           
d)
 
 
Aggregated information
 
- Aggregated volume
 
 
- Price
 
 
 
 
14,648
 
 
£nil
e)
Date of the transaction
 
2017-10-11
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)
 
     
£48.976160
 
7,035
 
           
d)
Aggregated information
 
- Aggregated volume
 
 
- Price
 
 
 
 
7,035
 
 
£48.976160
 
 
e)
Date of the transaction
 
 
2017-10-11
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 over ordinary shares under the March 2014 British American Tobacco 3 Year Sharesave Scheme.
c)
Price(s) and volume(s)
       
     
Price(s)
 
Volume(s)
 
     
£26.00
 
346
 
           
d)
 
 
Aggregated information
 
- Aggregated volume
 
 
- Price
 
 
 
 
346
 
 
£26.00
 
 
e)
Date of the transaction
 
2017-10-11
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
 
 
Exercise of options over ordinary shares under the August 2014 British American Tobacco 3 Year Sharesave Scheme.
c)
Price(s) and volume(s)
       
     
Price(s)
 
Volume(s)
 
     
£27.87
 
322
 
           
d)
Aggregated information
 
- Aggregated volume
 
 
- Price
 
 
 
 
322
 
 
£27.87
e)
Date of the transaction
 
 
2017-10-11
f)
Place of the transaction
 
London Stock Exchange (XLON)



Name of officer of issuer responsible for making notification: Bridget Creegan
 
Date of notification: 16 October 2017