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TR-1: Notification of Major Holdings

Published: 2022-07-15 14:30:37 ET
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      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.
TR-1: Notification of major holdings

 1a. Identity of the issuer or the underlying issuer
 of existing shares to which voting rights are at-                      British American Tobacco p.l.c.
 tachedii:
 1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
 Non-UK issuer

 2. Reason for the notification (please mark the appropriate box or boxes with an “X”)

 An acquisition or disposal of voting rights                                                                   X

 An acquisition or disposal of financial instruments

 An event changing the breakdown of voting rights

 Other (please specify)iii:

 3. Details of person subject to the notification obligationiv
 Name                                                        The Capital Group Companies, Inc.
 City and country of registered office (if applicable)       Los Angeles, USA

 4. Full name of shareholder(s) (if different from 3)v

 Name                                                        N/A

 City and country of registered office (if applicable)

 5. Date on which the threshold was crossed or
                                                             13 July 2022
 reachedvi:

 6. Date on which issuer notified (DD/MM/YYYY):              14 July 2022

 7. Total positions of person(s) subject to the notification obligation
                                                 % of voting rights
                         % of voting rights     through financial in-                            Total number of
                                                                            Total of both in %
                         attached to shares          struments                                   voting rights of
                                                                               (8.A + 8.B)
                            (total of 8. A)     (total of 8.B 1 + 8.B                            issuervii
                                                          2)
 Resulting situation          13.03%                     0.00%                  13.03%           2,255,821,926
 on the date on
 which threshold
 was crossed or
 reached
Position of previ-          12.96%                    0.00%                 12.96%
ous notification (if
applicable)


8. Notified details of the resulting situation on the date on which the threshold was crossed or
reachedviii
A: Voting rights attached to shares
Class/type of          Number of voting rightsix                   % of voting rights
shares
ISIN code (if possi-         Direct            Indirect                   Direct                Indirect
ble)                   (Art 9 of Directive  (Art 10 of Di-          (Art 9 of Directive       (Art 10 of Di-
                         2004/109/EC)            rective              2004/109/EC)               rective
                            (DTR5.1)        2004/109/EC)                 (DTR5.1)             2004/109/EC)
                                             (DTR5.2.1)                                        (DTR5.2.1)
GB0002875804 Com-                                275,836,495                                      12.23%
mon Stock
US1104481072 Deposi-                                18,063,079                                     0.80%
tory Receipt
                                      293,899,574                                    13.03%
SUBTOTAL 8. A



B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
                                                                 Number of voting
                       Expira-                                   rights that may be ac-
Type of financial                   Exercise/                                               % of voting
                       tion                                      quired if the instru-
instrument                          Conversion Periodxi                                     rights
                       datex                                     ment is
                                                                 exercised/converted.
N/A

                                    SUBTOTAL 8. B 1



B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive
2004/109/EC (DTR5.3.1.1 (b))
                                 Exercise/       Physical or
Type of finan-    Expiration                                       Number of        % of voting
                                 Conversion      cash
cial instrument datex                    xi                 xii    voting rights rights
                                 Period          settlement
N/A

                                                          SUBTOTAL
                                                          8.B.2




9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity
and does not control any other undertaking(s) holding directly or indirectly an interest in the (under-
lying) issuerxiii
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal      X
entityxiv (please add additional rows as necessary)
                                                             % of voting rights
                               % of voting rights if it                                    Total of both if it
                                                            through financial in-
                  xv             equals or is higher                                      equals or is higher
            Name                                           struments if it equals
                                  than the notifiable                                     than the notifiable
                                                            or is higher than the
                                      threshold                                                threshold
                                                            notifiable threshold
Capital Research and Manage-                 12.76%                                              12.76%
ment Company
Capital International, Inc.

Capital Group Private Client
Services, Inc.
Capital International Sarl

Total                                        13.03%                                              13.03%




10. In case of proxy voting, please identify:
Name of the proxy holder                                  N/A

The number and % of voting rights held                    N/A

The date until which the voting rights will be held      N/A



11. Additional informationxvi
The Capital Group Companies, Inc. (”CGC”) is the parent company of Capital Research and Man-
agement Company (”CRMC”) and Capital Bank & Trust Company (”CB&T”). CRMC is a U.S.-
based investment management company that serves as investment manager to the American
Funds family of mutual funds, other pooled investment vehicles, as well as individual and institu-
tional clients. CRMC and its investment manager affiliates manage equity assets for various in-
vestment companies through three divisions, Capital Research Global Investors, Capital Interna-
tional Investors and Capital World Investors. CRMC is the parent company of Capital Group Inter-
national, Inc. (”CGII”), which in turn is the parent company of six investment management compa-
nies (”CGII management companies”): Capital International, Inc., Capital International Limited,
Capital International Sàrl, Capital International K.K., Capital Group Private Client Services Inc,
and Capital Group Investment Management Private Limited. CGII management companies and
CB&T primarily serve as investment managers to institutional and high net worth clients. CB&T is
a U.S.-based investment management company that is a registered investment adviser and an
affiliated federally chartered bank.

Neither CGC nor any of its affiliates own shares of the Issuer for its own account. Rather, the
shares reported on this Notification are owned by accounts under the discretionary investment
management of one or more of the investment management companies described above.


Place of completion            Los Angeles
Date of completion         14 July 2022


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

C Dhokia
Deputy Secretary
British American Tobacco p.l.c.

15 July 2022

Enquiries:
Investor Relations
Mike Nightingale/Victoria Buxton/William Houston/John Harney
+44 20 7845 1180/2012/1138/1263

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