Enhanced Investments - Financial Portal

Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities

Published: 2023-06-08 14:45:46 ET

British American Tobacco p.l.c.
Incorporated in England and Wales
(Registration number: 03407696)
Short name: BATS
Share code: BTI
ISIN number: GB0002875804
("British American Tobacco p.l.c." or "the Company")

                                 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

The Company has been notified by the trustee of the British American Tobacco Employee
Share Ownership Plan that on 7 June 2023 the following Executive Director and other
persons discharging managerial responsibilities purchased ordinary shares of 25p each in
British American Tobacco p.l.c. by way of the Partnership Share Scheme.


 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
                                        Initial notification
    /Amendment
 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              Ordinary shares of 25p each
       instrument

       Identification code              GB0002875804
 b) Nature of the transaction           Purchase of ordinary shares under the Partnership
                                        Share Scheme – a HMRC approved Share Incentive
                                        Plan
c)   Price(s) and volume(s)
                                       Price(s)                 Volume(s)

                                       £26.22969                6


d) Aggregated information

     - Aggregated volume              6

     - Price                          £157.38

e) Date of the transaction            2023-06-08
f)   Place of the transaction         Outside a trading venue



1    Details of the person discharging managerial responsibilities/person closely
     associated
a)   Name                             Luciano Comin
2    Reason for the notification
a)   Position/status                  Director, Combustibles
b) Initial notification
                                      Initial notification
   /Amendment
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              Ordinary shares of 25p each
     instrument

     Identification code              GB0002875804
b) Nature of the transaction          Purchase of ordinary shares under the Partnership
                                      Share Scheme – a HMRC approved Share Incentive
                                      Plan
c)   Price(s) and volume(s)
                                       Price(s)                 Volume(s)

                                       £26.22969                5
d) Aggregated information

     - Aggregated volume              5

     - Price                          £131.15

e) Date of the transaction            2023-06-08
f)   Place of the transaction         Outside a trading venue



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
                                      Initial notification
   /Amendment
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              Ordinary shares of 25p each
     instrument
                                      GB0002875804
     Identification code
b) Nature of the transaction          Purchase of ordinary shares under the Partnership
                                      Share Scheme – a HMRC approved Share Incentive
                                      Plan
c)   Price(s) and volume(s)
                                       Price(s)                  Volume(s)

                                       £26.22969                 6


d) Aggregated information

     - Aggregated volume              6

     - Price                          £157.38
e) Date of the transaction            2023-06-08
f)   Place of the transaction         Outside a trading venue



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, Culture and Inclusion
b) Initial notification
                                      Initial notification
   /Amendment
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              Ordinary shares of 25p each
     instrument
                                      GB0002875804
     Identification code
b) Nature of the transaction          Purchase of ordinary shares under the Partnership
                                      Share Scheme – a HMRC approved Share Incentive
                                      Plan
c)   Price(s) and volume(s)
                                       Price(s)                 Volume(s)

                                       £26.22969                6


d) Aggregated information

     - Aggregated volume              6

     - Price                          £157.38

e) Date of the transaction            2023-06-08
f)   Place of the transaction         Outside a trading venue
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 and External Affairs and General
                                      Counsel
b) Initial notification
                                      Initial notification
   /Amendment
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              Ordinary shares of 25p each
     instrument
                                      GB0002875804
     Identification code
b) Nature of the transaction          Purchase of ordinary shares under the Partnership
                                      Share Scheme – a HMRC approved Share Incentive
                                      Plan
c)   Price(s) and volume(s)
                                       Price(s)                 Volume(s)

                                       £26.22969                6


d) Aggregated information

     - Aggregated volume              6

     - Price                          £157.38

e) Date of the transaction            2023-06-08
f)   Place of the transaction         Outside a trading venue



1    Details of the person discharging managerial responsibilities/person closely
     associated
a)   Name                             Javed Iqbal
2    Reason for the notification
a)   Position/status                  Interim Finance Director and Director, Digital and
                                      Information
b) Initial notification
                                      Initial notification
   /Amendment
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              Ordinary shares of 25p each
     instrument
                                      GB0002875804
     Identification code
b) Nature of the transaction          Purchase of ordinary shares under the Partnership
                                      Share Scheme – a HMRC approved Share Incentive
                                      Plan
c)   Price(s) and volume(s)
                                       Price(s)                 Volume(s)

                                       £26.22969                5


d) Aggregated information

     - Aggregated volume              5

     - Price                          £131.15

e) Date of the transaction            2023-06-08
f)   Place of the transaction         Outside a trading venue



1    Details of the person discharging managerial responsibilities/person closely
     associated
a)   Name                             Johan Vandermeulen
2    Reason for the notification
a)   Position/status                  Chief Transformation Officer
b) Initial notification
                                      Initial notification
   /Amendment
 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              Ordinary shares of 25p each
      instrument
                                       GB0002875804
      Identification code
 b) Nature of the transaction          Purchase of ordinary shares under the Partnership
                                       Share Scheme – a HMRC approved Share Incentive
                                       Plan
 c)   Price(s) and volume(s)
                                        Price(s)                    Volume(s)

                                        £26.22969                   6


 d) Aggregated information

      - Aggregated volume              6

      - Price                          £157.38

 e) Date of the transaction            2023-06-08
 f)   Place of the transaction         Outside a trading venue

8 June 2023

Sponsor: Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.