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 29 July 2022 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 person discharging managerial responsibilities under the 2019 Long-Term Incentive Plan (“2019 Award”). Subsequent sales of shares are also set out below.

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
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 (2019 Award)
c)
Price(s) and volume(s)
       
     
Price(s)
Volume(s)
 
     
£nil
14,589
 
           
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
14,589
 
£nil
e)
Date of the transaction
2022-07-29
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)
 
     
£33.5825
7,054
 
           
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
7,054
 
£33.5825
e)
Date of the transaction
2022-07-29
f)
Place of the transaction
London Stock Exchange (XLON)

Name of officer of issuer responsible for making notification: Claire Dhokia
Date of notification: 01 August 2022