EX-1 2 ex-1.htm PRESS RELEASE
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
Jerome Abelman
2
Reason for the notification
a)
Position/status
Director, Legal & External Affairs 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
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
16,162
 
       
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
16,162
 
£nil
e)
Date of the transaction
2019-05-13
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)
 
 
£28.35
7,812
 
       
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
7,812
 
£28.35
e)
Date of the transaction
2019-05-13
f)
Place of the transaction
London Stock Exchange (XLON)



 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Ricardo Oberlander
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
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
18,849
 
       
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
18,849
 
£nil
e)
Date of the transaction
2019-05-13
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)
 
 
£28.67
8,697
 
       
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
8,697
 
£28.67
e)
Date of the transaction
2019-05-13
f)
Place of the transaction
London Stock Exchange (XLON)

Name of officer of issuer responsible for making notification: Sophie Kerr

Date of notification: 16 May 2019