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