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

On 24 November 2023 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 person discharging managerial responsibilities under the 2016 Long-Term Incentive Plan (“2017 Award”). Subsequent sales of shares are also set out below.

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
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 (2017 Award)
c)
Price(s) and volume(s)
       
 
Price(s)
Volume(s)
 
 
£nil
896
 
       
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
896
 
£nil
e)
Date of the transaction
2023-11-24
f)
Place of the transaction
Outside a trading venue



Transaction 2
a)
Description of the financial instrument, type of instrument
 
Identification code
Ordinary shares of 25p each
 
GB0002875804
b)
Nature of the transaction
Transfer of shares from options exercised under the Long-Term Incentive Plan (2017 Award)
c)
Price(s) and volume(s)
       
 
Price(s)
Volume(s)
 
 
£nil
474
 
       
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
474
 
£nil
e)
Date of the transaction
2023-11-24
f)
Place of the transaction
Outside a trading venue
Transaction 3
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 (2017 Award)
c)
Price(s) and volume(s)
       
 
Price(s)
Volume(s)
 
 
£25.545415
422
 
       
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
422
 
£10,780.17
e)
Date of the transaction
2023-11-24
f)
Place of the transaction
London Stock Exchange (XLON)


Name of officer of issuer responsible for making notification: Nancy Jiang
Date of notification: 24 November 2023