Exhibit 1
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 Operating Officer | |||
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 | Vesting of shares under the International Share Reward Scheme (2015 Award) | |||
c) | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£34.855 | 52 | ||||
d) | Aggregated information - Aggregated volume - Price | 52 £34.855 | |||
e) | Date of the transaction | 2018-04-03 | |||
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 | Transfer of dividend shares accrued under the International Share Reward Scheme (2015 Award). | |||
c) | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£41.80 | 1 | ||||
£52.51 | 1 | ||||
£45.56 | 1 | ||||
d) | Aggregated information - Aggregated volume - Price | 3 £46.62 | |||
e) | Date of the transaction | 2018-04-03 | |||
f) | Place of the transaction | London Stock Exchange (XLON) | |||
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 from the vesting under the International Share Reward Scheme (2015 Award) | |||
c) | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£41.50 | 12 | ||||
d) | Aggregated information - Aggregated volume - Price | 12 £41.50 | |||
e) | Date of the transaction | 2018-04-03 | |||
f) | Place of the transaction | London Stock Exchange (XLON) |
Name of officer of issuer responsible for making notification: Sophie Kerr Date of notification: 6 April 2018 |