| Tue 4 Nov 2008, 17:35 | | BTI - British American Tobacco P.l.c - Notification of major interests in shares |
|
BTI
BTI
BTI - British American Tobacco P.l.c - Notification of major interests in shares
British American Tobacco P.l.c.
Incorporated in England and Wales
(Registration number: 3407696)
Short name: BATS
Share code: BTI
ISIN number: GB0002875804
("British American Tobacco P.l.c." or "the Company")
British American Tobacco P.l.c. received the following notification on 4
November 2008:-
QUOTE
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:
British American Tobacco P.l.c.
2. Reason for the notification (please state Yes/No)
An acquisition or disposal of voting rights (Yes)
An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached
(No)
An event changing the breakdown of voting rights (No)
Other:
3. Full name of person(s) subject to the notification obligation:
Reinet Investments S.C.A.
4. Full name of shareholder(s) (if different from 3):
Reinet Investments S.C.A. (direct as to 90% of total notifiable holding,
indirect as to other 10%)
Reinet Jersey Holdings Limited (direct as to 10% of total notifiable
holding)
5. Date of the transaction (and date on which the threshold is crossed or
reached if different): 1 November 2008
6. Date on which issuer notified:
4 November 2008
7. Threshold(s) that is/are crossed or reached:
19%
8. Notified details:
A. Voting rights attached to shares
Class/type Situation Resulting
of shares previous to situation after
the Triggering the triggering
transaction transaction
Number of Number of Voting Number of shares
Shares Rights
Ordinary 604,336,627 604,336,627 390,036,627
shares of 25
pence each
ISIN:
GB0002875804
Table continues:...
Number of voting rights % of
voting
rights
Direct Indirect Direct Indirect
351,032,964 39,003,663 17.56% 1.95%
B. Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Exercise/Conversion Number of voting % of
financial date Period/Date rights that may be voting
instrument acquired if the rights
instrument is
exercised/converted
N/A
Total (A+B)
Number of voting rights % of voting rights
390,036,627 19.51%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
R&R Holdings S.A. ("R&R") previously held 604,336,627 ordinary shares
issued by British American Tobacco p.l.c. (representing 30.1% of the issued
share capital of BAT) and Reinet Investments S.C.A. was the ultimate parent
company of R&R for the purposes of the Disclosure and Transparency Rules.
R&R has transferred 19.5% of its holding of British American Tobacco Plc
shares to Reinet Jersey Holdings Limited and Reinet Investments S.C.A. upon
the cancellation of Reinet Investments S.C.A. and Reinet Jersey Holdings
Limited`s interest in R&R. Reinet Jersey Holdings Limited is a wholly
owned subsidiary of Reinet Investments S.C.A.. Following the transfer,
Reinet Investments S.C.A held 351, 032, 964 BAT shares directly and
39,003,663 indirectly through Reinet Jersey Holdings Limited. Reinet
Investments S.C.A`s overall holding of British American Tobacco p.l.c.
shares for the purposes of the Disclosure and Transparency Rules has
therefore been reduced to 19.5%
Proxy voting
10. Name of the proxy holder:
N/A
11. Number of voting rights proxy holder will cease to hold:
N/A
12. Date on which proxy holder will cease to hold voting rights:
N/A
13. Additional information:
The total number of voting rights in the issuer used to calculate the
relevant percentages in this notification was 1,998,487,084, being the
number disclosed by the issuer to the market on 3 November 2008.
Contact name:
14. Alan Grieve
15. Contact telephone number:
+41227213502
UNQUOTE
Sponsor: UBS South Africa (Pty) Ltd
Date: 04/11/2008 17:35:02 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
