| Fri 26 Mar 2010, 17:50 | | BTI - British American Tobacco p.l.c - Notification of transactions of |
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BTI
BTI
BTI - British American Tobacco p.l.c - Notification of transactions of
directors, persons discharging managerial responsibility or connected persons
British American Tobacco p.l.c.
Incorporated in England and Wales
(Registration number: 03407696)
Short name: BATS
Share code: BTI
ISIN number: GB0002875804
("British American Tobacco p.l.c." or "the Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS
Notification made in accordance with Disclosure Rule 3.1.4R(1)(a) of the
Disclosure and Transparency Rules.
The independent Trustee of the British American Tobacco Group Employee Trust
notified the Company on 25 March 2010 that it had on 25 March 2010 released the
following number of British American Tobacco p.l.c. 25p ordinary shares (the
"Shares") to the following person discharging managerial responsibility:
Participant Share Scheme Shares No. of No. of Price Net No.
released Shares shares at of
Deferred from DSBS sold sold to which Shares
Share Bonus and LTIP cover tax Shares acquired
Scheme Awards liability sold
("DSBS")
Long-Term
Incentive
Plan
("LTIP")
J Bowles 2007 DSBS 2,902 n/a n/a n/a 2,902
2007 LTIP 9,618 n/a n/a n/a 9,618
On 25 March 2010, the Company granted an award of British American Tobacco
p.l.c. 25p ordinary shares to the Executive Directors of British American
Tobacco and other persons discharging managerial responsibilities (the
"Participants") listed below under the Deferred Share Bonus Scheme at an award
price of 2258 pence per Share. Awards under the Deferred Share Bonus Scheme are
conditional awards of shares which are held in trust for three years and no
further performance conditions apply in that period.
Participant Deferred Total Beneficial Interests
Shares following this Notification
Awarded
P N Adams 36,728 287,533
(including 125,628 Deferred Shares)
J B Stevens 15,925 126,448
(including 48,694 Deferred Shares)
N Durante 17,005 158,992
(including 52,197 Deferred Shares)
J Bowles 3,640 36,872*
(including 13,537 Deferred Shares)
M M Cobben 7,893 141,461
(including 26,116 Deferred Shares)
J P Daly 8,601 51,191**
(including 29,624 Deferred Shares)
D S Fell 7,083 39,529
(including 22,228 Deferred Shares)
A M Gray 7,893 54,561
(including 27,389 Deferred Shares)
R Kindts 7,893 125,648
(including 27,074 Deferred Shares)
J-M Levy 7,893 43,317
(including 23,866 Deferred Shares)
M C T 9,026 116,798
Prideaux (including 31,428 Deferred Shares)
P H Taylor 8,136 180,487***
(including 28,262 Deferred Shares)
N R 9,026 144,701
Withington (including 31,428 Deferred Shares)
* Balances take account of transactions stated in paragraph 1 above.
** Includes restated balance since the last announcement for Mr J P Daly made on
16 March 2010.
*** Includes restated balance since the last announcement for Mr P H Taylor made
on 16 March 2010.
Further, on 25 March 2010, the Company granted awards of British American
Tobacco p.l.c. 25p ordinary shares (the "Shares") to Executive Directors of
British American Tobacco and other persons discharging managerial
responsibilities listed below (the "Participants") under the British American
Tobacco 2007 Long Term Incentive Plan at an award price of 2258 pence per Share.
The awards are exercisable from 25 March 2013 to 24 March 2020, 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 opposite the name of
each Participant set out below:
Participant No. of Shares
comprised in
Award
P N Adams 162,754
J B Stevens 65,323
N Durante 69,751
J Bowles 31,886
M M Cobben 34,543
J P Daly 37,643
D S Fell 31,000
A M Gray 34,543
R Kindts 34,543
J-M Levy 38,086
M C T Prideaux 39,503
P H Taylor 35,606
N R Withington 39,503
26 March 2010
Sponsor: UBS South Africa (Pty) Ltd
Date: 26/03/2010 17:50:02 Produced by the JSE SENS Department.
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