EX-4 5 ex-4.htm
Exhibit 4

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

On 28 March 2018 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 and persons discharging managerial responsibilities under the 2015 Long-Term Incentive Plan (“2015 Award”). Subsequent sales of shares are also set out below.

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Nicandro Durante
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
Exercise of options under the British American Tobacco Long-Term Incentive Plan (2015 Award)
c)
Price(s) and volume(s)
        
     
Price(s)
Volume(s)
  
     
£nil
122,477
  
           
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
122,477
 
£nil
 
e)
Date of the transaction
2018-03-28
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)
  
     
£40.43037
58,921
  
           
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
58,921
 
£40.43037
 
e)
Date of the transaction
2018-03-28
f)
Place of the transaction
London Stock Exchange (XLON)



1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Andrew Gray
2
Reason for the notification
a)
Position/status
Chief Marketing Officer
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 (2015 Award)
c)
Price(s) and volume(s)
        
     
Price(s)
Volume(s)
  
     
£nil
35,788
  
           
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
35,788
 
£nil
 
e)
Date of the transaction
2018-03-28
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)
  
     
£39.245
17,189
  
           
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
17,189
 
£39.245
 
e)
Date of the transaction
2018-03-28
f)
Place of the transaction
London Stock Exchange (XLON)



1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Tadeu Marroco
2
Reason for the notification
a)
Position/status
Regional Director, Europe and North Africa
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 (2015 Award)
c)
Price(s) and volume(s)
        
     
Price(s)
Volume(s)
  
     
£nil
23,195
  
           
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
23,195
 
£nil
 
e)
Date of the transaction
2018-03-28
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)
  
     
£39.88
11,149
  
           
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
11,149
 
£39.88
 
e)
Date of the transaction
2018-03-28
f)
Place of the transaction
London Stock Exchange (XLON)

 
 
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Kingsley Wheaton
2
Reason for the notification
a)
Position/status
Regional Director, Americas and Sub-Saharan Africa
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 (2015 Award)
c)
Price(s) and volume(s)
        
     
Price(s)
Volume(s)
  
     
£nil
28,332
  
           
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
28,332
 
£nil
 
e)
Date of the transaction
2018-03-28
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)
  
     
£40.445
13,619
  
           
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
13,619
 
£40.445
 
e)
Date of the transaction
2018-03-28
f)
Place of the transaction
London Stock Exchange (XLON)
 
Name of officer of issuer responsible for making notification: Sophie Kerr
 
Date of notification: 4 April 2018