RNS Number : 0246N
British American Tobacco PLC
02 May 2024
 

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

Conditional Share Awards

 

On 1 May 2024, the Company granted three awards of British American Tobacco p.l.c. 25p ordinary shares (the "Shares") to the following Executive Director at an award price of 2,351 pence per Share. The awards are intended to replace long term incentives from the previous employer that were forfeited on joining the Company.

 

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 unrestricted shares, immediately available to recognise forfeited awards which would become available during 2024.  

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£23.51

7,572

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

7,572

 

£178,017.72

 

e)

Date of the transaction

2024-05-01

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 Restricted Share Plan which shall vest on 30 September 2025.

 

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£23.51

23,368

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

23,368

 

£549,381.68

 

e)

Date of the transaction

2024-05-01

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 Restricted Share Plan which shall vest on 30 September 2026.

 

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£23.51

42,550

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

42,550

 

£1,000,350.50

 

e)

Date of the transaction

2024-05-01

f)

Place of the transaction

Outside a trading venue

 

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

Date of notification: 2 May 2024

 

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