22nd Apr 2025 15:15
British American Tobacco p.l.c.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
On 17 April 2025, the Company granted awards of British American Tobacco p.l.c. 25p ordinary shares (the "Shares") to the Executive Directors listed below under the British American Tobacco Performance Share Plan at an award price of 3,179 pence per Share. The awards will vest to the extent that the performance condition is satisfied at the end of the three-year performance period and will be released following an additional holding period of two years. The maximum number of shares comprised in the awards granted to the Participants which could vest if the performance conditions are met in full is shown under the name of each Participant set out below:
1
| Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Tadeu Marroco | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive | ||||
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 British American Tobacco Performance Share Plan | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price
|
261,214
£8,303,993.06 | ||||
e) | Date of the transaction | 2025-04-17 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Soraya Benchikh | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Financial 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 British American Tobacco Performance Share Plan | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price
|
113,243
£3,599,994.97 | ||||
e) | Date of the transaction | 2025-04-17 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Name of officer of issuer responsible for making notification: Nancy Jiang
Date of notification: 22 April 2025
|
Related Shares:
British American Tobacco