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Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities

Published: 2025-04-02 17:00:47 ET
<<<  go to JSE:BTI company page
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. (the “Company”)

     Notification and public disclosure of transactions by persons discharging managerial
                   responsibilities and persons closely associated with them

On 31 March 2025 the independent Trustee of the British American Tobacco Group
Employee Trust released the following number of British American Tobacco p.l.c. 25p
ordinary shares (the “Shares”) granted to the following Executive Director under the 2020
Long-Term Incentive Plan. Subsequent sales of shares are also set out below.

 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
 Transaction 1
 a) Description of the financial
    instrument, type of
    instrument                         Ordinary shares of 25p each

       Identification code             GB0002875804
b) Nature of the transaction      Shares released under the 2020 Long-Term
                                  Incentive Plan

c)   Price(s) and volume(s)
                                   Price(s)                  Volume(s)

                                   £nil                      67,109


d) Aggregated information

     - Aggregated volume          67,109

     - Price                      £nil

e) Date of the transaction        2025-03-31

f)   Place of the transaction     Outside a trading venue

Transaction 2
a) Description of the financial
    instrument, type of
    instrument                    Ordinary shares of 25p each

     Identification code          GB0002875804

b) Nature of the transaction      Sale of shares to meet tax liability arising on vesting
                                  of 2020 Long-Term Incentive Plan

c)   Price(s) and volume(s)
                                   Price(s)                  Volume(s)


                                   £31.820                   31,544



d) Aggregated information

     - Aggregated volume          31,544

     - Price                      £1,003,730.08

e) Date of the transaction        2025-04-01

f)   Place of the transaction     Outside a trading venue
 Name of officer of issuer responsible for making notification: Nancy Jiang

 Date of notification: 2 April 2025



2 April 2025

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