BRITISH AMERICAN TOBACCO P.L.C. NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Notifications made in accordance with Disclosure Rule 3.1.4R(1)(a) of the Disclosure Rules and Transparency Rules.
1. The Company was notified on 5 April 2016 that the independent Trustee of the British American Tobacco Group Employee Trust had on 31 March 2016 released the following number of British American Tobacco p.l.c. 25p ordinary shares (the 'Shares') granted to the following person discharging managerial responsibilities under the 2013 Long-Term Incentive Plan ('2013 LTIP'):
Participant | Total No. of Shares under 2013 LTIP Award | No. of Shares Lapsed | No. of Shares released from 2013 LTIP Award | No. of Shares Sold |
Price at which Shares sold | Net No. of Shares acquired |
J Vandermeulen | 6,518 | 5,867 | 651 | 651 | 4,075.00 | 0 |
Mr Vandermeulen's 2013 LTIP Award will be cash settled by the Company.
2. The Company was notified on 5 April 2016 by the trustees of the British American Tobacco Employee Share Ownership Plan and the British American Tobacco International Employee Share Ownership Plan (together the 'Plans') that on 1 April 2016 Shares were awarded to the Executive Directors and other persons discharging managerial responsibilities listed below by way of the Share Reward Scheme and the International Share Reward Scheme respectively (the Free Shares element of the Plans) at a price of 4,090 pence per Share.
The number of Shares awarded to each Participant was as follows:
Participant | British American Tobacco Shares Awarded |
N Durante | 88 |
J B Stevens | 88 |
J B Abelman | 88 |
J Bowles | 88 |
A Davy | 88 |
G Giordano | 88 |
A M Gray | 88 |
T L Marroco | 88 |
R Oberlander | 88 |
D O'Reilly | 88 |
N K Sethi | 88 |
J Vandermeulen | 88 |
K Wheaton | 88 |
3. The Company was notified on 5 April 2016 by the trustee of the British American Tobacco International Employee Share Ownership Plan (the 'Plan') (the 'Trustee') that on 4 April 2016 awards of Shares made under the 2013 International Share Reward Scheme ('ISRS') had vested and, in accordance with the rules of the Plan, the Trustee had transferred accrued dividend shares to the person discharging managerial responsibilities as follows:
Participant | Shares vested under 2013 ISRS Award | Dividend Shares Transferred | No. of Shares sold | Price at which Shares sold (pence) | Net No. of Shares acquired |
J Bowles | 71 | 5 | 35 | 4,098.00 | 41 |
4. Following the above transactions, the total beneficial and family interests in British American Tobacco p.l.c. 25p ordinary shares of the following persons discharging managerial responsibilities was as follows:
Participant | Total Beneficial and Family Interests following this Notification |
N Durante | 280,858 (including 76,575 Deferred Shares) |
J B Stevens | 106,327 (including 50,556 Deferred Shares) |
J B Abelman | 43,407 (including 13,215 Deferred Shares) |
J Bowles | 55,391 (including 27,173 Deferred Shares) |
A Davy | 43,298 (including 19,302 Deferred Shares) |
G Giordano | 40,703 (including 26,060 Deferred Shares) |
A M Gray | 64,605 (including 27,848 Deferred Shares) |
T L Marroco | 24,239 (including 14,290 Deferred Shares) |
R Oberlander | 57,928 (including 22,370 Deferred Shares) |
D O'Reilly | 28,252 (including 18,132 Deferred Shares) |
N Sethi | 54,020 (including 22,442 Deferred Shares) |
J Vandermeulen | 17,759 (including 17,443 Deferred Shares) |
K Wheaton | 22,414 (including 20,037 Deferred Shares) |
Name of duly authorised officer of issuer responsible for making notification:
B M Creegan
Assistant Secretary
6 April 2016
Enquiries:
Investor Relations
Mike Nightingale/Rachael Brierley +44 20 7845 1180/1519
British American Tobacco Press Office
Will Hill/Anna Vickerstaff +44 20 7845 2888British American Tobacco plc published this content on 06 April 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 May 2016 08:14:06 UTC.
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