EX-3 4 ex-3.htm PRESS RELEASE
Exhibit 3

British American Tobacco p.l.c.

Notification and public disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with them

Conditional Share Awards

On 30 March 2020, the Company granted awards of British American Tobacco p.l.c. 25p ordinary shares (the “Shares”) to persons discharging managerial responsibilities (the “Participants”) listed below under the British American Tobacco Restricted Share Plan at an award price of 2,633 pence per Share. Awards under the British American Tobacco Restricted Share Plan will vest after three years and no further performance conditions apply in that period.


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
 
a)
 
Description of the financial instrument,
type of instrument
 
Identification code
 
Ordinary shares of 25p each
 
GB0002875804
 
b)
Nature of the transaction
 
Award of shares under the Restricted Share Plan
c)
 
Price(s) and volume(s)
 
       
 
Price(s)
 
Volume(s)
 
 
£26.33
10,653
 
       
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
10,653
 
£26.33
 
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
 
Marina Bellini
2
Reason for the notification
a)
Position/status
 
Director, Digital and Information
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
 
Award of shares under the Restricted Share Plan
c)
 
Price(s) and volume(s)
 
       
 
Price(s)
 
Volume(s)
 
 
£26.33
8,146
 
       
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
8,146
 
£26.33
 
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
 
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
 
a)
 
Description of the financial instrument,
type of instrument
 
Identification code
 
Ordinary shares of 25p each
 
GB0002875804
 
b)
 
Nature of the transaction
 
Award of shares under the Restricted Share Plan
c)
 
Price(s) and volume(s)
 
 
       
 
Price(s)
Volume(s)
 
 
£26.33
8,773
 
       
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
8,773
 
£26.33
 
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

a)
Description of the financial instrument, type of instrument
 
Identification code
 
Ordinary shares of 25p each
 
GB0002875804
b)
Nature of the transaction
 
Award of shares under the Restricted Share Plan
c)
Price(s) and volume(s)
 
       
 
Price(s)
 
Volume(s)
 
 
£26.33
9,587
 
       
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
9,587
 
£26.33
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
 
Hae In Kim
2
Reason for the notification
a)
Position/status
 
Director, Talent and Culture
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
 
Award of shares under the Restricted Share Plan
c)
 
Price(s) and volume(s)
 
       
 
Price(s)
 
Volume(s)
 
 
£26.33
8,355
 
       
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
8,355
 
£26.33
 
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
 
Paul Lageweg
2
Reason for the notification
a)
Position/status
 
Director, New Categories
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
 
Award of shares under the Restricted Share Plan
c)
 
Price(s) and volume(s)
 
 
       
 
Price(s)
 
Volume(s)
 
 
£26.33
8,146
 
       
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
8,146
 
£26.33
 
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
 
Guy Meldrum
2
Reason for the notification
a)
Position/status
 
Regional Director, Asia-Pacific and Middle East
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
 
Award of shares under the Restricted Share Plan
c)
 
Price(s) and volume(s)
 
       
 
Price(s)
 
Volume(s)
 
 
£26.33
8,773
 
       
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
8,773
 
£26.33
 
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
 
David O’Reilly
2
Reason for the notification
 
a)
Position/status
Director, Scientific Research
 
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
 
Award of shares under the Restricted Share Plan
c)
Price(s) and volume(s)
 
       
 
Price(s)
 
Volume(s)
 
 
£26.33
8,522
 
       
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
8,522
 
£26.33
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
 
Ricardo Oberlander
2
Reason for the notification
 
a)
Position/status
 
President and CEO, Reynolds American Inc.
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
 
Award of shares under the Restricted Share Plan
c)
Price(s) and volume(s)
 
 
       
 
Price(s)
 
Volume(s)
 
 
£26.33
12,783
 
       
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
12,783
 
£26.33
 
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
 
Johan Vandermeulen
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
 
a)
 
Description of the financial instrument,
type of instrument
 
Identification code
 
Ordinary shares of 25p each
 
GB0002875804
 
b)
 
Nature of the transaction
 
Award of shares under the Restricted Share Plan
c)
 
Price(s) and volume(s)
 
 
       
 
Price(s)
 
Volume(s)
 
 
£26.33
10,966
 
       
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
10,966
 
£26.33
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
 
Award of shares under the Restricted Share Plan
c)
Price(s) and volume(s)
 
       
 
Price(s)
Volume(s)
 
 
£26.33
12,251
 
       
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
12,251
 
£26.33
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