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

British American Tobacco p.l.c.
TR-1: Notification of major holdings

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:
British American Tobacco p.l.c.
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
Non-UK issuer
 
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights
X
An acquisition or disposal of financial instruments
 
An event changing the breakdown of voting rights
 
Other (please specify)iii:
 
3. Details of person subject to the notification obligationiv
Name
The Capital Group Companies, Inc.
City and country of registered office (if applicable)
Los Angeles, USA
4. Full name of shareholder(s) (if different from 3)v
Name
N/A
City and country of registered office (if applicable)
 
5. Date on which the threshold was crossed or reachedvi:
27 July 2022
6. Date on which issuer notified (DD/MM/YYYY):
28 July 2022
7. Total positions of person(s) subject to the notification obligation
 
% of voting rights
attached to shares
(total of 8. A)
% of voting rights
through financial instruments
(total of 8.B 1 + 8.B 2)
Total of both in %
(8.A + 8.B)
Total number of voting rights of
issuervii
Resulting situation on the date on which threshold was crossed or reached
12.99%
0.00%
12.99%
2,254,086,767
Position of previous notification (if applicable)
13.03%
0.00%
13.03%
 



8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares
ISIN code (if possible)
Number of voting rightsix
% of voting rights
Direct
(Art 9 of Directive
2004/109/EC)
(DTR5.1)
Indirect
(Art 10 of Directive
2004/109/EC)
(DTR5.2.1)
Direct
(Art 9 of Directive
2004/109/EC)
(DTR5.1)
Indirect
(Art 10 of Directive
2004/109/EC)
(DTR5.2.1)
GB0002875804 Common Stock
 
275,163,152
 
12.21%
US1104481072 Depository Receipt
 
17,717,000
 
0.79%
SUBTOTAL 8. A
292,880,152
12.99%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument
Expiration datex
Exercise/ Conversion Periodxi
Number of voting rights that may be acquired if the instrument is exercised/converted.
% of voting rights
N/A
       
   
SUBTOTAL 8. B 1
   

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument
Expiration datex
Exercise/Conversion Period xi
Physical or cash settlementxii
Number of voting rights
% of voting rights
N/A
         
     
SUBTOTAL 8.B.2
   



9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii
 
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)
X
Namexv
% of voting rights if it equals
or is higher than the notifiable
threshold
% of voting rights through financial
instruments if it equals or is
higher than the notifiable threshold
Total of both if it equals or is higher than the notifiable threshold
Capital Research and Management Company
12.73%
 
12.73%
Capital International, Inc.
     
Capital Group Private Client Services, Inc.
     
Capital International Sarl
     
Total
12.99%
 
12.99%
 
10. In case of proxy voting, please identify:
Name of the proxy holder
N/A
The number and % of voting rights held
N/A
The date until which the voting rights will be held
N/A

11. Additional informationxvi
The Capital Group Companies, Inc. (“CGC”) is the parent company of Capital Research and Management Company (“CRMC”) and Capital Bank & Trust Company (“CB&T”). CRMC is a U.S.-based investment management company that serves as investment manager to the American Funds family of mutual funds, other pooled investment vehicles, as well as individual and institutional clients. CRMC and its investment manager affiliates manage equity assets for various investment companies through three divisions, Capital Research Global Investors, Capital International Investors and Capital World Investors. CRMC is the parent company of Capital Group International, Inc. (“CGII”), which in turn is the parent company of six investment management companies (“CGII management companies”): Capital International, Inc., Capital International Limited, Capital International Sàrl, Capital International K.K., Capital Group Private Client Services Inc, and Capital Group Investment Management Private Limited. CGII management companies and CB&T primarily serve as investment managers to institutional and high net worth clients. CB&T is a U.S.-based investment management company that is a registered investment adviser and an affiliated federally chartered bank.
 
Neither CGC nor any of its affiliates own shares of the Issuer for its own account. Rather, the shares reported on this Notification are owned by accounts under the discretionary investment management of one or more of the investment management companies described above.



Place of completion
Los Angeles
Date of completion
28 July 2022


Name of duly authorised officer of issuer responsible for making notification:

C Dhokia
Deputy Secretary
British American Tobacco p.l.c.

29 July 2022

Enquiries:
Investor Relations
Mike Nightingale/Victoria Buxton/William Houston/John Harney
+44 20 7845 1180/2012/1138/1263