4th Nov 2008 15:32
British American Tobacco p.l.c.
4 November 2008
British American Tobacco p.l.c. received the following notification on 4 November 2008:-
QUOTE
TR-1: Notification of Major Interests in Shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
British American Tobacco p.l.c.
2. Reason for the notification (please state Yes/No)
An acquisition or disposal of voting rights (No)
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached (No)
An event changing the breakdown of voting rights (No)
Other: (Yes) A group restructuring has resulted in Remgro Limited becoming the top company of the group for the purposes of the DTRs.
3. Full name of person(s) subject to the notification obligation:
Remgro Limited
4. Full name of shareholder(s) (if different from 3):
Remgro Limited (indirect)
Remgro International Holdings (Pty) Ltd (Indirect)
Remgro Investments Limited (indirect)
R&R Holdings S.A. (direct)
5. Date of the transaction (and date on which the threshold is crossed or reached if different): 1 November 2008
6. Date on which issuer notified:
4 November 2008
7. Threshold(s) that is/are crossed or reached:
10%
8. Notified details:
A. Voting rights attached to shares
|
Class/type of shares |
Situation previous to the Triggering transaction |
Resulting situation after the triggering transaction |
|||||
|
Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
|||
|
Direct |
Indirect |
Direct |
Indirect |
||||
|
Ordinary shares of 25 pence each ISIN: GB0002875804 |
0 |
0 |
0 |
214,300,000 |
10.7% |
B. Financial Instruments
Resulting situation after the triggering transaction
|
Type of financial instrument |
Expiration date |
Exercise/Conversion Period/Date |
Number of voting rights that may be acquired if the instrument is exercised/converted |
% of voting rights |
|
N/A |
Total (A+B)
Number of voting rights % of voting rights
214,300,000 10.7%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
R&R Holdings S.A. is a direct shareholder of ordinary shares issued by the issuer (holding 214,300,000 ordinary shares of 25 pence each). R&R Holdings S.A is a subsidiary of Remgro Investments Limited. Remgro Investments Limited is a subsidiary of Remgro International Holdings (Pty) Limited. Remgro International Holdings (Pty) Limited is a subsidiary of Remgro Limited. Therefore Remgro Limited is an indirect holder of 214,300,000 British American Tobacco p.l.c. ordinary shares and the person responsible to make this notification under the DTRs.
Proxy voting
10. Name of the proxy holder:
N/A
11. Number of voting rights proxy holder will cease to hold:
N/A
12. Date on which proxy holder will cease to hold voting rights:
N/A
13. Additional information:
The total number of voting rights in the issuer used to calculate the relevant percentages in this notification was 1,998,487,084, being the number disclosed by the issuer to the market on 3 November 2008.
Contact name:
14. Mariza Lubbe
15. Contact telephone number:
+27 21 88 3311
UNQUOTE
Geoffrey Cunnington
Deputy Secretary
British American Tobacco p.l.c.
Tel: 020 7845 1925
Related Shares:
British American Tobacco