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Director/PDMR Shareholding

18th Mar 2015 14:00

RNS Number : 7949H
British American Tobacco PLC
18 March 2015
 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

Notification made in accordance with Disclosure Rule 3.1.4R(1)(a) of the Disclosure Rules and Transparency Rules.

 

1. The independent Trustee of the British American Tobacco Group Employee Trust notified the Company on 17 March 2015 that it had on 13 March 2015 released the following number of British American Tobacco p.l.c. 25p ordinary shares (the "Shares") to the following person discharging managerial responsibility:

 

Participant

Share Scheme

 

Long-Term Incentive Plan ("LTIP")

Shares released from LTIP Awards

No. of Shares sold

Price at which Shares sold

(pence)

Net No. of Shares acquired

N Sethi

2010 LTIP

6,408

0

N/A

6,408

2011 LTIP

3,738

0

N/A

3,738

 

2. Following the above transaction, the total beneficial and family interests in British American Tobacco p.l.c. 25p ordinary shares of the following person discharging managerial responsibility was as follows:

 

Participant

 

Total Beneficial and Family Interests following this Notification

N Sethi

49,031* Shares (including 16,334 Deferred Shares)

 

* This balance has been adjusted following a reconciliation of Shares held by Mr Sethi in the Company's Vested Share Account and the inclusion of 783 Shares held in the name of Mrs Sethi (a connected person) not previously identified.

 

 

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

 

B M Creegan

Assistant Secretary

 

18 March 2015

 

 

Enquiries:

 

Investor RelationsMike Nightingale/Rachael Brierley +44 20 7845 1180/1519

 

British American Tobacco Press OfficeWill Hill/ Anna Vickerstaff +44 20 7845 2888

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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