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Director/PDMR Shareholding

30 Mar 2017 16:45

RNS Number : 0752B
British American Tobacco PLC
30 March 2017
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

Conditional Share Awards

 

On 27 March 2017, the Company granted awards of British American Tobacco p.l.c. 25p ordinary shares (the "Shares") to the Executive Directors and other persons discharging managerial responsibilities (the "Participants") listed below under the British American Tobacco Long-Term Incentive Plan for nil consideration. The awards for the Executive Directors are exercisable from 27 March 2022 to 26 March 2027 and the awards for the other Participants are exercisable from 27 March 2020 to 26 March 2027, 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

Nicandro Durante

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

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 25p each

 

GB0002875804

 

b)

 

Nature of the transaction

 

Award of shares under the Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

114,181

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

114,181

 

£nil

 

e)

 

Date of the transaction

2017-03-27

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

John Benedict Stevens

2

Reason for the notification

a)

Position/status

Finance Director

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

 

Award of shares under the Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£nil

58,232

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

58,232

 

 

£nil

 

e)

Date of the transaction

2017-03-27

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

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

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 25p each

 

GB0002875804

 

b)

 

Nature of the transaction

 

Award of shares under the Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

19,583

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

19,583

 

 

£nil

 

e)

 

Date of the transaction

 

2017-03-27

f)

Place of the transaction

 

London Stock Exchange (XLON)

 

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 Jack Bowles

2

Reason for the notification

a)

Position/status

Regional Director, Asia-Pacific

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

N/A

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

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

26,463

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

26,463

 

£nil

e)

Date of the transaction

2017-03-27

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

N/A

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

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

19,099

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

19,099

 

£nil

e)

Date of the transaction

2017-03-27

f)

Place of the transaction

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Giovanni Giordano

2

Reason for the notification

 

a)

 

Position/status

Director, Group Human Resources

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

 

Award of shares under the Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

24,966

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

24,966

 

 

£nil

 

e)

Date of the transaction

2017-03-27

 

 

f)

Place of the transaction

 

London Stock Exchange (XLON)

 

 

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 Andrew Gray

2

Reason for the notification

a)

Position/status

Director, Marketing

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

N/A

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

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

27,197

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

27,197

 

£nil

e)

Date of the transaction

2017-03-27

f)

Place of the transaction

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Tadeu Marroco

2

Reason for the notification

a)

 

Position/status

 

 

Regional Director, Western 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

 

 

Ordinary shares of 25p each

 

GB0002875804

 

b)

 

Nature of the transaction

 

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

21,109

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

21,109

 

 

£nil

 

e)

 

Date of the transaction

 

2017-03-27

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

David O'Reilly

2

Reason for the notification

a)

Position/status

Group Scientific Director

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

N/A

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

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

17,674

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

17,674

 

£nil

e)

Date of the transaction

2017-03-27

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

Regional Director, Americas

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

N/A

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

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

21,996

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

21,996

 

£nil

e)

Date of the transaction

2017-03-27

f)

Place of the transaction

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Naresh Sethi

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

 

 

Ordinary shares of 25p each

 

GB0002875804

 

b)

 

Nature of the transaction

 

Award of shares under the Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£nil

21,545

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

21,545

 

 

£nil

e)

 

Date of the transaction

 

2017-03-27

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, Eastern Europe, 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

 

Ordinary shares of 25p each

 

GB0002875804

 

b)

 

Nature of the transaction

 

Award of shares under the Long-Term Incentive Plan

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£nil

21,195

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

21,195

 

 

£nil

e)

 

Date of the transaction

 

2017-03-27

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 Kingsley Wheaton

2

Reason for the notification

a)

Position/status

Managing Director, Next Generation Products

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

N/A

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

Award of shares under the Long-Term Incentive Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£nil

21,382

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

21,382

 

£nil

e)

Date of the transaction

2017-03-27

f)

Place of the transaction

London Stock Exchange (XLON)

 

Name of officer of issuer responsible for making notification: Geoffrey Cunnington

Date of notification: 30 March 2017

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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