Exhibit 1
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
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Jack Bowles | |||
2 | Reason for the notification | ||||
a) | Position/status | Chief Executive | |||
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 | ||||
Transaction 1 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 25p each GB0002875804 | |||
b) | Nature of the transaction | Exercise of options under the British American Tobacco Long-Term Incentive Plan (2016 Award) | |||
c) | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£nil | 22,711 | ||||
d) | Aggregated information - Aggregated volume - Price | 22,711 £nil | |||
e) | Date of the transaction | 2019-05-20 | |||
f) | Place of the transaction | London Stock Exchange (XLON) | |||
Transaction 2 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 25p each GB0002875804 | |||
b) | Nature of the transaction | Sale of shares to meet tax liability arising on exercise of Long-Term Incentive Plan options | |||
c) | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£29.47 | 6,811 | ||||
d) | Aggregated information - Aggregated volume - Price | 6,811 £29.47 | |||
e) | Date of the transaction | 2019-05-20 | |||
f) | Place of the transaction | London Stock Exchange (XLON) |
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Alan Davy | |||
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 | ||||
Transaction 1 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 25p each GB0002875804 | |||
b) | Nature of the transaction | Exercise of options under the British American Tobacco Long-Term Incentive Plan (2016 Award) | |||
c) | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£nil | 16,372 | ||||
d) | Aggregated information - Aggregated volume - Price | 16,372 £nil | |||
e) | Date of the transaction | 2019-05-20 | |||
f) | Place of the transaction | London Stock Exchange (XLON) | |||
Transaction 2 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 25p each GB0002875804 | |||
b) | Nature of the transaction | Sale of shares to meet tax liability arising on exercise of Long-Term Incentive Plan options | |||
c) | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£29.47 | 7,868 | ||||
d) | Aggregated information - Aggregated volume - Price | 7,868 £29.47 | |||
e) | Date of the transaction | 2019-05-20 | |||
f) | Place of the transaction | London Stock Exchange (XLON) |
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Guy Meldrum | |||
2 | Reason for the notification | ||||
a) | Position/status | Regional Director, Asia-Pacific and Middle East | |||
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 | Ordinary shares of 25p each GB0002875804 | |||
b) | Nature of the transaction | Exercise of options under the British American Tobacco Long-Term Incentive Plan (2016 Award) | |||
c) | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£nil | 6,044 | ||||
d) | Aggregated information - Aggregated volume - Price | 6,044 £nil | |||
e) | Date of the transaction | 2019-05-20 | |||
f) | Place of the transaction | London Stock Exchange (XLON) |
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Johan Vandermeulen | |||
2 | Reason for the notification | ||||
a) | Position/status | Regional Director, Europe and North 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 | ||||
Transaction 1 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 25p each GB0002875804 | |||
b) | Nature of the transaction | Exercise of options under the British American Tobacco Long-Term Incentive Plan (2016 Award) | |||
c) | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£nil | 17,841 | ||||
d) | Aggregated information - Aggregated volume - Price | 17,841 £nil | |||
e) | Date of the transaction | 2019-05-20 | |||
f) | Place of the transaction | London Stock Exchange (XLON) | |||
Transaction 2 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 25p each GB0002875804 | |||
b) | Nature of the transaction | Sale of shares to meet tax liability arising on exercise of Long-Term Incentive Plan options | |||
c) | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£29.56 | 8,487 | ||||
d) | Aggregated information - Aggregated volume - Price | 8,487 £29.56 | |||
e) | Date of the transaction | 2019-05-20 | |||
f) | Place of the transaction | London Stock Exchange (XLON) |
Name of officer of issuer responsible for making notification: Sophie Kerr Date of notification: 22 May 2019 |