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
On 20 March 2025, the Company granted awards of British American Tobacco p.l.c. 25p ordinary shares (the "Shares") to the persons discharging managerial responsibilities (the "Participants") listed below under the British American Tobacco Long Term Incentive Plan at an award price of 3,179 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 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:
| 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 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 |
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
|
46,626
£1,482,240.54 | ||||
| e) | Date of the transaction | 2025-03-20 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | James Barrett | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Director, Business Development | ||||
| 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
|
35,066
£1,114,748.14 | ||||
| e) | Date of the transaction | 2025-03-20 | ||||
| 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 | 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
|
48,553
£1,543,499.87 | ||||
| e) | Date of the transaction | 2025-03-20 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Michael Dijanosic | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Regional Director, Asia-Pacific, Middle East and 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 |
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
|
40,460
£1,286,223.40 | ||||
| e) | Date of the transaction | 2025-03-20 | ||||
| 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 | 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 |
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
|
38,534
£1,224,995.86 | ||||
| e) | Date of the transaction | 2025-03-20 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Zafar Khan | ||||
| 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 |
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
|
42,387
£1,347,482.73 | ||||
| e) | Date of the transaction | 2025-03-20 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Cora Koppe-Stahrenberg | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief People 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
|
44,083
£1,401,398.57 | ||||
| e) | Date of the transaction | 2025-03-20 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Paul McCrory | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Director, Corporate and Regulatory Affairs | ||||
| 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
|
33,139
£1,053,488.81 | ||||
| e) | Date of the transaction | 2025-03-20 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Fred Monteiro | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Regional Director, Americas & Europe | ||||
| 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
|
42,387
£1,347,482.73 | ||||
| e) | Date of the transaction | 2025-03-20 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | James Murphy | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Director, Research and Science | ||||
| 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
|
36,607
£1,163,736.53 | ||||
| e) | Date of the transaction | 2025-03-20 | ||||
| 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 Operating 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
|
58,186
£1,849,732.94 | ||||
| e) | Date of the transaction | 2025-03-20 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | David Waterfield | ||||
| 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 |
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
|
44,699
£1,420,981.21 | ||||
| e) | Date of the transaction | 2025-03-20 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Kingsley Wheaton | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Corporate 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
|
55,874
£1,776,234.46 | ||||
| e) | Date of the transaction | 2025-03-20 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| Name of officer of issuer responsible for making notification: Nancy Jiang Date of notification: 21 March 2025 |
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