British American Tobacco p.l.c.
�Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Conditional Share Awards
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On 30 March 2020, the Company granted awards of British American Tobacco p.l.c. 25p ordinary shares (the "Shares") to the Executive Directors and other persons discharging managerial responsibilities (the "Participants") listed below under the British American Tobacco Long-Term Incentive Plan at an award price of 2,633 pence per Share.� The awards will vest three years from the grant date, subject to the satisfaction of performance conditions specified on the award date.� The Executive Directors' awards are subject to an additional two-year vesting period.� 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:
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| 1 � | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | �Jack Bowles | ||||
| 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 |
� GB0002875804 | ||||
| b) | Nature of the transaction | Award of shares under the Long-Term Incentive Plan | ||||
| c) | Price(s) and volume(s) � � � � � � |
| ||||
| d) | Aggregated information � - Aggregated volume � - Price � | � � 223,129 � �26.33 | ||||
| e) | Date of the transaction | 2020-03-30 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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| 1 � | Details of the person discharging managerial responsibilities / person closely associated � | |||||
| a) | Name | Tadeu Marroco | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Finance Director | ||||
| 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 Long-Term Incentive Plan | ||||
| c) | Price(s) and volume(s) |
� � | ||||
| d) � | Aggregated information � - Aggregated volume � - Price | � � 113,938 � �26.33 � | ||||
| e) | Date of the transaction | 2020-03-30 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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| 1 � | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Jerome Abelman | ||||
| 2 | Reason for the notification | |||||
| a) � | Position/status � | Director, Legal & External Affairs and General Counsel | ||||
| 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 Long-Term Incentive Plan | ||||
| c) � | Price(s) and volume(s) |
� � | ||||
| d) � | Aggregated information � - Aggregated volume � - Price | � � 40,676 � �26.33 � | ||||
| e) | Date of the transaction | 2020-03-30 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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| 1 � | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Marina Bellini | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Director, Digital and Information | ||||
| 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 Long-Term Incentive Plan | ||||
| c) � | Price(s) and volume(s) |
� � | ||||
| d) � | Aggregated information � - Aggregated volume � - Price | � � 31,105 � �26.33 � | ||||
| e) | Date of the transaction | 2020-03-30 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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| 1 � | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Luciano Comin | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Regional Director, Americas and Sub-Saharan Africa | ||||
| 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 Long-Term Incentive Plan | ||||
| c) � | Price(s) and volume(s) � � � � � |
| ||||
| d) � | Aggregated information � - Aggregated volume � - Price | � � 33,497 � �26.33 � | ||||
| e) | Date of the transaction | 2020-03-30 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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| 1 � | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | �Alan Davy | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Director, Operations | ||||
| 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 Long-Term Incentive Plan | ||||
| c) | Price(s) and volume(s) � � � � � � |
| ||||
| d) | Aggregated information � - Aggregated volume � - Price � | � � 36,608 � �26.33 | ||||
| e) | Date of the transaction | 2020-03-30 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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| 1 � | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Hae In Kim | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Director, Talent and Culture | ||||
| 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 Long-Term Incentive Plan | ||||
| c) � | Price(s) and volume(s) |
� � | ||||
| d) � | Aggregated information � - Aggregated volume � - Price | � � 31,902 � �26.33 � | ||||
| e) | Date of the transaction | 2020-03-30 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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| 1 � | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Paul Lageweg | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Director, New Categories | ||||
| 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 Long-Term Incentive Plan | ||||
| c) � | Price(s) and volume(s) � � � � � |
� � | ||||
| d) � | Aggregated information � - Aggregated volume � - Price | � � 31,105 � �26.33 � | ||||
| e) | Date of the transaction | 2020-03-30 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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| 1 � | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Guy Meldrum | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Regional Director, Asia-Pacific and Middle East | ||||
| 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 Long-Term Incentive Plan | ||||
| c) � | Price(s) and volume(s) |
� � | ||||
| d) � | Aggregated information � - Aggregated volume � - Price | � � 33,497 � �26.33 � | ||||
| e) | Date of the transaction | 2020-03-30 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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| 1 � | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | David O'Reilly | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Director, Scientific Research | ||||
| 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 Long-Term Incentive Plan | ||||
| c) | Price(s) and volume(s) � � � � � |
� � | ||||
| d) | Aggregated information � - Aggregated volume � - Price � | � � 32,540 � �26.33 | ||||
| e) | Date of the transaction | 2020-03-30 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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| 1 � | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Ricardo Oberlander | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | President and CEO, Reynolds American Inc. | ||||
| 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 Long-Term Incentive Plan | ||||
| c) | Price(s) and volume(s) � � � � � |
| ||||
| d) | Aggregated information � - Aggregated volume � - Price | � � 48,811 � �26.33 � | ||||
| e) | Date of the transaction | 2020-03-30 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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| 1 � | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Johan Vandermeulen | ||||
| 2 � | Reason for the notification | |||||
| a) | Position/status | Regional Director, Europe and North Africa | ||||
| 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 Long-Term Incentive Plan | ||||
| c) � | Price(s) and volume(s) � |
� � | ||||
| d) � | Aggregated information � - Aggregated volume � - Price � | � � 41,872 � �26.33 | ||||
| e) | Date of the transaction | 2020-03-30 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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| 1 � | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | �Kingsley Wheaton | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Marketing 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 |
GB0002875804 | ||||
| b) | Nature of the transaction | Award of shares under the Long-Term Incentive Plan | ||||
| c) | Price(s) and volume(s) � � � � � � |
| ||||
| d) | Aggregated information � - Aggregated volume � - Price � | � � 46,777 � �26.33 | ||||
| e) | Date of the transaction | 2020-03-30 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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| Name of officer of issuer responsible for making notification: Bridget Creegan Date of notification: 2 April 2020 |
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