EX-1 2 ex-1.htm PRESS RELEASE

Exhibit 1

British American Tobacco p.l.c.

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

On 1 March 2024 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
Fred Monteiro
2
Reason for the notification
a)
Position/status
Regional Director, Americas & Europe
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
8,140
 
       
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
8,140

£nil
e)
Date of the transaction
2024-03-01
f)
Place of the transaction
Outside a trading venue




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 from options exercised under the Long-Term Incentive Plan (2019 Award), including to meet tax liability arising
c)
Price(s) and volume(s)
       
 
Price(s)
Volume(s)
 
 
£23.367263
8,140
 
       
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
8,140
 
£190,209.52
e)
Date of the transaction
2024-03-01
f)
Place of the transaction
London Stock Exchange (XLON)



Name of officer of issuer responsible for making notification: Nancy Jiang

Date of notification: 4 March 2024