EX-2 3 ex-2.htm PRESS RELEASE
Exhibit 2

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 30 March 2020 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 persons discharging managerial responsibilities under the 2017 Long-Term Incentive Plan (“2017 Award”). Subsequent sales of shares are also set out below.


1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
Luciano Comin
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 (2017 Award)




c)
 
Price(s) and volume(s)
       
 
Price(s)
 
Volume(s)
 
 
£nil
5,229
 
       
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
5,229
 
£nil
 
e)
 
Date of the transaction
 
2020-03-30
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)
 
 
£25.5234
2,512
 
       
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
2,512
 
£25.5234
 
e)
 
Date of the transaction
 
2020-03-30
f)
 
Place of the transaction
 
London Stock Exchange (XLON)



1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
Alan Davy
2
 
Reason for the notification
 
a)
 
Position/status
 
Director, Operations
 
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 (2017 Award)
c)
 
Price(s) and volume(s)
       
 
Price(s)
Volume(s)
 
 
 
£nil
13,350
 
       
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
13,350
 
£nil
 


 

e)
 
Date of the transaction
 
2020-03-30
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)
 
 
£25.5234
6,413
 
       
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
6,413
 
£25.5234
 
e)
 
Date of the transaction
 
2020-03-30
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
 
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
 
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 (2017 Award)
c)
 
Price(s) and volume(s)
 
       
 
Price(s)
Volume(s)
 
 
 
£nil
14,946
 
       
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
14,946
 
£nil
 
e)
 
Date of the transaction
 
2020-03-30
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)
 
 
£25.5234
7,180
 
       
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
7,180
 
£25.5234
 
e)
 
Date of the transaction
 
2020-03-30
f)
 
Place of the transaction
 
London Stock Exchange (XLON)


Name of officer of issuer responsible for making notification: Bridget Creegan

Date of notification: 2 April 2020