6-K
British American Tobacco p.l.c. (BTI)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
April 1, 2025
Commission File Number: 001-38159
BRITISH AMERICAN TOBACCO P.L.C.
(Translation of registrant’s name into English)
Globe House
4 Temple Place
London WC2R 2PG
United Kingdom
\(Address of principal executive office\)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form
40-F ☐
This report includes materials as exhibits that have been published and made available by British American Tobacco p.l.c. as of the date indicated in the relevant exhibit description.
EXHIBIT INDEX
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| British American Tobacco p.l.c. | ||
|---|---|---|
| By: | /s/ Nancy Jiang | |
| Name: | Nancy Jiang | |
| Title: | Senior Assistant Company Secretary |
Date: April 1, 2025
Exhibit 1
British American Tobacco p.l.c. (the “Company”) – Voting Rights and Capital
In conformity with the Disclosure Guidance and Transparency Rules provision 5.6.1, we notify the market of the following:
That, as at 28 February 2025, being the last day of trading for that month, the Company’s issued share capital consisted of 2,204,628,148 ordinary shares of 25p each (“Shares”) with voting rights (the “Voting Rights Figure”).
As at 28 February 2025, the Company held 133,255,156 Shares in Treasury.
The Voting Rights Figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their voting rights interest, or a change to that interest, in the Company under the FCA’s Disclosure Guidance and Transparency Rules.
Nancy Jiang
Senior Assistant Company Secretary
British American Tobacco p.l.c.
3 March 2025
Exhibit 2
British American Tobacco p.l.c.
04 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each ("shares") from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 03 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 112,000 |
| Highest price paid per share (pence): | 3,111.00 |
| Lowest price paid per share (pence): | 3,063.00 |
| Volume weighted average price paid per share (pence): | 3,088.8134 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,204,402,697 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 03 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume<br><br> <br>(in number of shares) | Daily weighted average<br><br> <br>price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 03/03/2025 | 52,000 | 3,090.5855 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 03/03/2025 | 11,000 | 3,087.6250 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 03/03/2025 | 49,000 | 3,087.1996 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 56 | 3,075.00 | BATE | 08:02:00 |
| 61 | 3,075.00 | BATE | 08:02:05 |
| 470 | 3,075.00 | BATE | 08:02:29 |
| 111 | 3,075.00 | BATE | 08:02:30 |
| 111 | 3,075.00 | BATE | 08:02:30 |
| 370 | 3,075.00 | BATE | 08:02:46 |
| 129 | 3,075.00 | BATE | 08:03:18 |
| 1490 | 3,074.00 | BATE | 08:11:45 |
| 389 | 3,069.00 | BATE | 08:31:47 |
| 1048 | 3,069.00 | BATE | 08:31:47 |
| 1424 | 3,074.00 | BATE | 08:57:34 |
| 139 | 3,074.00 | BATE | 09:15:43 |
| 1337 | 3,074.00 | BATE | 09:15:43 |
| 1161 | 3,074.00 | BATE | 09:43:38 |
| 85 | 3,074.00 | BATE | 09:43:38 |
| 327 | 3,072.00 | BATE | 10:04:40 |
| 215 | 3,072.00 | BATE | 10:04:58 |
| 461 | 3,072.00 | BATE | 10:04:58 |
| 319 | 3,072.00 | BATE | 10:04:58 |
| 156 | 3,072.00 | BATE | 10:04:58 |
| 47 | 3,063.00 | BATE | 10:22:59 |
| 232 | 3,066.00 | BATE | 10:29:29 |
| 242 | 3,066.00 | BATE | 10:30:23 |
| 1489 | 3,067.00 | BATE | 10:32:30 |
| 666 | 3,074.00 | BATE | 11:01:33 |
| 739 | 3,074.00 | BATE | 11:01:33 |
| 1064 | 3,074.00 | BATE | 11:26:09 |
| 349 | 3,074.00 | BATE | 11:26:09 |
| 1500 | 3,074.00 | BATE | 11:57:10 |
| 1519 | 3,073.00 | BATE | 12:23:02 |
| 1430 | 3,079.00 | BATE | 12:55:26 |
| 308 | 3,085.00 | BATE | 13:17:59 |
| 468 | 3,085.00 | BATE | 13:17:59 |
| 582 | 3,085.00 | BATE | 13:17:59 |
| 1423 | 3,082.00 | BATE | 13:40:08 |
| 504 | 3,077.00 | BATE | 13:54:34 |
| 918 | 3,077.00 | BATE | 13:54:34 |
| 1376 | 3,076.00 | BATE | 14:08:45 |
| --- | --- | --- | --- |
| 1450 | 3,075.00 | BATE | 14:26:18 |
| 1251 | 3,076.00 | BATE | 14:30:19 |
| 1322 | 3,087.00 | BATE | 14:34:51 |
| 291 | 3,099.00 | BATE | 14:39:29 |
| 499 | 3,099.00 | BATE | 14:39:29 |
| 384 | 3,099.00 | BATE | 14:39:29 |
| 93 | 3,099.00 | BATE | 14:39:31 |
|---|---|---|---|
| 1424 | 3,092.00 | BATE | 14:45:48 |
| 999 | 3,100.00 | BATE | 14:54:36 |
| 414 | 3,100.00 | BATE | 14:54:40 |
| 176 | 3,096.00 | BATE | 15:00:23 |
| 560 | 3,096.00 | BATE | 15:00:23 |
| 387 | 3,096.00 | BATE | 15:00:23 |
| 1328 | 3,103.00 | BATE | 15:06:57 |
| 1228 | 3,103.00 | BATE | 15:14:52 |
| 1338 | 3,106.00 | BATE | 15:23:02 |
| 1503 | 3,105.00 | BATE | 15:31:09 |
| 62 | 3,108.00 | BATE | 15:42:47 |
| 709 | 3,109.00 | BATE | 15:43:44 |
| 546 | 3,109.00 | BATE | 15:43:44 |
| 1456 | 3,109.00 | BATE | 15:50:16 |
| 39 | 3,110.00 | BATE | 15:59:34 |
| 69 | 3,110.00 | BATE | 15:59:50 |
| 997 | 3,111.00 | BATE | 16:00:11 |
| 145 | 3,111.00 | BATE | 16:00:11 |
| 241 | 3,111.00 | BATE | 16:00:12 |
| 7 | 3,111.00 | BATE | 16:00:13 |
| 34 | 3,111.00 | BATE | 16:00:13 |
| 1385 | 3,108.00 | BATE | 16:08:36 |
| 1340 | 3,108.00 | BATE | 16:15:08 |
| 1310 | 3,109.00 | BATE | 16:20:57 |
| 32 | 3,103.00 | BATE | 16:25:54 |
| 130 | 3,103.00 | BATE | 16:25:54 |
| 130 | 3,103.00 | BATE | 16:25:54 |
| 34 | 3,103.00 | BATE | 16:25:54 |
| 34 | 3,103.00 | BATE | 16:25:54 |
| 21 | 3,103.00 | BATE | 16:25:54 |
| 37 | 3,103.00 | BATE | 16:25:54 |
| 880 | 3,101.00 | BATE | 16:26:17 |
| 997 | 3,074.00 | CHIX | 08:22:35 |
| 24 | 3,072.00 | CHIX | 09:27:48 |
| 678 | 3,074.00 | CHIX | 09:32:39 |
| 218 | 3,074.00 | CHIX | 09:32:39 |
| 189 | 3,066.00 | CHIX | 10:32:31 |
| 765 | 3,066.00 | CHIX | 10:32:31 |
| 873 | 3,074.00 | CHIX | 11:57:10 |
| 50 | 3,074.00 | CHIX | 11:57:10 |
| 998 | 3,084.00 | CHIX | 13:11:06 |
| --- | --- | --- | --- |
| 895 | 3,077.00 | CHIX | 14:07:47 |
| 446 | 3,082.00 | CHIX | 14:32:56 |
| 427 | 3,082.00 | CHIX | 14:32:56 |
| 936 | 3,096.00 | CHIX | 14:51:17 |
| 870 | 3,104.00 | CHIX | 15:13:29 |
| 998 | 3,109.00 | CHIX | 15:38:02 |
| 337 | 3,108.00 | CHIX | 16:05:22 |
|---|---|---|---|
| 639 | 3,108.00 | CHIX | 16:05:22 |
| 660 | 3,109.00 | CHIX | 16:22:07 |
| 1308 | 3,073.00 | LSE | 08:00:10 |
| 1101 | 3,071.00 | LSE | 08:14:54 |
| 875 | 3,070.00 | LSE | 08:30:32 |
| 431 | 3,070.00 | LSE | 08:30:32 |
| 1209 | 3,073.00 | LSE | 08:44:52 |
| 1079 | 3,076.00 | LSE | 09:08:48 |
| 1317 | 3,074.00 | LSE | 09:32:39 |
| 1260 | 3,071.00 | LSE | 10:10:32 |
| 250 | 3,066.00 | LSE | 10:30:08 |
| 116 | 3,066.00 | LSE | 10:30:28 |
| 860 | 3,066.00 | LSE | 10:30:57 |
| 362 | 3,072.00 | LSE | 10:50:48 |
| 59 | 3,072.00 | LSE | 10:50:48 |
| 675 | 3,072.00 | LSE | 10:50:48 |
| 85 | 3,074.00 | LSE | 11:26:09 |
| 1084 | 3,074.00 | LSE | 11:26:09 |
| 119 | 3,074.00 | LSE | 11:26:09 |
| 176 | 3,074.00 | LSE | 11:58:39 |
| 1029 | 3,074.00 | LSE | 11:58:39 |
| 1109 | 3,073.00 | LSE | 12:23:02 |
| 1278 | 3,079.00 | LSE | 12:55:26 |
| 1196 | 3,082.00 | LSE | 13:20:31 |
| 1195 | 3,081.00 | LSE | 13:41:32 |
| 1234 | 3,077.00 | LSE | 13:54:34 |
| 382 | 3,077.00 | LSE | 14:07:47 |
| 234 | 3,077.00 | LSE | 14:07:47 |
| 708 | 3,077.00 | LSE | 14:07:47 |
| 151 | 3,079.00 | LSE | 14:20:48 |
| 998 | 3,079.00 | LSE | 14:21:39 |
| 1323 | 3,075.00 | LSE | 14:30:51 |
| 1229 | 3,082.00 | LSE | 14:32:56 |
| 1155 | 3,102.00 | LSE | 14:38:15 |
| 1106 | 3,102.00 | LSE | 14:38:39 |
| 190 | 3,093.00 | LSE | 14:42:23 |
| 906 | 3,093.00 | LSE | 14:42:30 |
| 1084 | 3,098.00 | LSE | 14:48:33 |
| 1200 | 3,097.00 | LSE | 14:52:25 |
| 988 | 3,098.00 | LSE | 14:56:39 |
| 108 | 3,098.00 | LSE | 14:56:39 |
| --- | --- | --- | --- |
| 536 | 3,098.00 | LSE | 15:00:23 |
| 691 | 3,098.00 | LSE | 15:00:23 |
| 1316 | 3,103.00 | LSE | 15:05:56 |
| 660 | 3,103.00 | LSE | 15:12:55 |
| 541 | 3,103.00 | LSE | 15:12:55 |
| 1212 | 3,107.00 | LSE | 15:18:49 |
| 1213 | 3,109.00 | LSE | 15:27:33 |
|---|---|---|---|
| 641 | 3,105.00 | LSE | 15:31:08 |
| 656 | 3,105.00 | LSE | 15:31:09 |
| 1177 | 3,109.00 | LSE | 15:38:02 |
| 1162 | 3,108.00 | LSE | 15:45:02 |
| 233 | 3,109.00 | LSE | 15:50:16 |
| 1001 | 3,109.00 | LSE | 15:50:16 |
| 1258 | 3,110.00 | LSE | 15:57:26 |
| 1298 | 3,110.00 | LSE | 16:00:58 |
| 1160 | 3,108.00 | LSE | 16:07:16 |
| 1100 | 3,107.00 | LSE | 16:10:24 |
| 1153 | 3,108.00 | LSE | 16:15:35 |
| 1243 | 3,109.00 | LSE | 16:18:44 |
| 1248 | 3,107.00 | LSE | 16:23:32 |
| 569 | 3,100.00 | LSE | 16:27:05 |
| 570 | 3,100.00 | LSE | 16:27:25 |
| 193 | 3,100.00 | LSE | 16:27:25 |
Exhibit 3
British American Tobacco p.l.c.
05 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each ("shares") from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 04 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 109,855 |
| Highest price paid per share (pence): | 3,169.00 |
| Lowest price paid per share (pence): | 3,113.00 |
| Volume weighted average price paid per share (pence): | 3,154.1988 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,204,292,842 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 04 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume<br><br> <br>(in number of shares) | Daily weighted average<br><br> <br>price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 04/03/2025 | 51,253 | 3,153.8973 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 04/03/2025 | 10,740 | 3,155.6936 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 04/03/2025 | 47,862 | 3,154.1863 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 1368 | 3,114.00 | BATE | 08:00:18 |
| 1084 | 3,113.00 | LSE | 08:00:38 |
| 168 | 3,116.00 | BATE | 08:12:21 |
| 1222 | 3,116.00 | BATE | 08:12:21 |
| 1228 | 3,117.00 | LSE | 08:13:22 |
| 859 | 3,125.00 | CHIX | 08:18:31 |
| 1512 | 3,136.00 | BATE | 08:30:48 |
| 1160 | 3,137.00 | LSE | 08:33:30 |
| 390 | 3,145.00 | LSE | 08:41:48 |
| 615 | 3,145.00 | LSE | 08:41:48 |
| 108 | 3,145.00 | LSE | 08:41:48 |
| 331 | 3,141.00 | LSE | 08:51:47 |
| 496 | 3,143.00 | BATE | 08:54:57 |
| 967 | 3,143.00 | BATE | 08:54:57 |
| 1262 | 3,141.00 | LSE | 08:58:33 |
| 75 | 3,141.00 | LSE | 08:58:33 |
| 330 | 3,160.00 | CHIX | 09:16:11 |
| 551 | 3,160.00 | CHIX | 09:16:11 |
| 129 | 3,161.00 | BATE | 09:16:11 |
| 1036 | 3,161.00 | LSE | 09:22:46 |
| 154 | 3,161.00 | LSE | 09:22:51 |
| 1253 | 3,159.00 | BATE | 09:26:46 |
| 668 | 3,150.00 | LSE | 09:33:11 |
| 512 | 3,150.00 | LSE | 09:33:11 |
| 851 | 3,156.00 | BATE | 09:48:21 |
| 157 | 3,156.00 | BATE | 09:50:55 |
| 320 | 3,156.00 | BATE | 09:51:03 |
| 8 | 3,156.00 | BATE | 09:51:10 |
| 168 | 3,155.00 | CHIX | 09:52:54 |
| 740 | 3,155.00 | CHIX | 09:52:54 |
| 472 | 3,153.00 | LSE | 09:58:53 |
| 670 | 3,153.00 | LSE | 09:58:53 |
| 36 | 3,157.00 | BATE | 10:12:56 |
| 36 | 3,157.00 | BATE | 10:12:56 |
| 1364 | 3,160.00 | BATE | 10:14:47 |
| 1266 | 3,161.00 | LSE | 10:17:22 |
| 1371 | 3,167.00 | BATE | 10:32:59 |
| 1105 | 3,165.00 | LSE | 10:34:24 |
| 232 | 3,166.00 | LSE | 10:57:53 |
| 1098 | 3,166.00 | LSE | 10:57:53 |
| 1314 | 3,166.00 | BATE | 10:57:53 |
| 690 | 3,165.00 | CHIX | 11:03:06 |
| 196 | 3,165.00 | CHIX | 11:03:06 |
| 1306 | 3,166.00 | LSE | 11:19:36 |
| 388 | 3,165.00 | BATE | 11:23:41 |
|---|---|---|---|
| 968 | 3,165.00 | BATE | 11:24:09 |
| 1212 | 3,164.00 | LSE | 11:40:15 |
| 1386 | 3,164.00 | BATE | 11:51:47 |
| 1254 | 3,160.00 | LSE | 12:02:30 |
| 22 | 3,160.00 | LSE | 12:02:30 |
| 71 | 3,165.00 | BATE | 12:17:13 |
| 1526 | 3,166.00 | BATE | 12:19:55 |
| 67 | 3,169.00 | CHIX | 12:23:40 |
| 59 | 3,169.00 | CHIX | 12:23:40 |
| 62 | 3,169.00 | CHIX | 12:23:40 |
| 1136 | 3,169.00 | LSE | 12:31:12 |
| 943 | 3,167.00 | CHIX | 12:40:04 |
| 1330 | 3,167.00 | BATE | 12:47:34 |
| 693 | 3,165.00 | LSE | 12:50:24 |
| 82 | 3,165.00 | LSE | 12:50:35 |
| 439 | 3,165.00 | LSE | 12:50:35 |
| 13 | 3,157.00 | LSE | 13:08:09 |
| 494 | 3,162.00 | LSE | 13:09:25 |
| 171 | 3,162.00 | LSE | 13:09:25 |
| 260 | 3,162.00 | LSE | 13:09:25 |
| 237 | 3,162.00 | LSE | 13:09:25 |
| 1332 | 3,160.00 | BATE | 13:12:29 |
| 1169 | 3,161.00 | LSE | 13:25:19 |
| 1234 | 3,161.00 | BATE | 13:33:02 |
| 1033 | 3,161.00 | LSE | 13:44:18 |
| 274 | 3,161.00 | LSE | 13:44:18 |
| 48 | 3,161.00 | BATE | 13:51:04 |
| 48 | 3,161.00 | BATE | 13:51:04 |
| 245 | 3,161.00 | CHIX | 13:51:04 |
| 121 | 3,162.00 | BATE | 13:51:39 |
| 1 | 3,162.00 | BATE | 13:51:39 |
| 3 | 3,161.00 | CHIX | 13:52:50 |
| 685 | 3,161.00 | CHIX | 13:52:50 |
| 984 | 3,161.00 | BATE | 13:52:50 |
| 492 | 3,161.00 | BATE | 13:52:50 |
| 1183 | 3,159.00 | LSE | 14:04:08 |
| 1230 | 3,157.00 | BATE | 14:08:25 |
| 1266 | 3,156.00 | LSE | 14:14:07 |
| 113 | 3,159.00 | BATE | 14:23:11 |
| 113 | 3,159.00 | BATE | 14:23:19 |
| 113 | 3,159.00 | BATE | 14:23:20 |
| 113 | 3,159.00 | BATE | 14:25:06 |
| 36 | 3,159.00 | BATE | 14:25:06 |
| 37 | 3,159.00 | BATE | 14:25:06 |
| 39 | 3,159.00 | BATE | 14:25:06 |
| 1418 | 3,158.00 | BATE | 14:25:06 |
| 739 | 3,159.00 | LSE | 14:27:46 |
| 465 | 3,159.00 | LSE | 14:27:46 |
|---|---|---|---|
| 115 | 3,155.00 | CHIX | 14:29:45 |
| 637 | 3,155.00 | CHIX | 14:29:45 |
| 115 | 3,155.00 | CHIX | 14:29:45 |
| 1521 | 3,156.00 | BATE | 14:30:59 |
| 44 | 3,155.00 | LSE | 14:31:22 |
| 1116 | 3,155.00 | LSE | 14:31:22 |
| 726 | 3,151.00 | LSE | 14:33:43 |
| 100 | 3,151.00 | LSE | 14:33:43 |
| 100 | 3,151.00 | LSE | 14:33:43 |
| 100 | 3,151.00 | LSE | 14:33:43 |
| 100 | 3,151.00 | LSE | 14:33:43 |
| 1515 | 3,149.00 | BATE | 14:35:59 |
| 545 | 3,141.00 | LSE | 14:36:29 |
| 536 | 3,141.00 | LSE | 14:36:30 |
| 1171 | 3,141.00 | LSE | 14:40:41 |
| 1347 | 3,140.00 | BATE | 14:44:04 |
| 5 | 3,138.00 | LSE | 14:45:21 |
| 400 | 3,138.00 | LSE | 14:45:21 |
| 600 | 3,138.00 | LSE | 14:45:21 |
| 265 | 3,138.00 | LSE | 14:45:21 |
| 67 | 3,138.00 | CHIX | 14:47:41 |
| 59 | 3,138.00 | CHIX | 14:47:41 |
| 59 | 3,138.00 | CHIX | 14:47:41 |
| 229 | 3,138.00 | CHIX | 14:47:41 |
| 1164 | 3,143.00 | LSE | 14:50:52 |
| 1338 | 3,144.00 | BATE | 14:50:52 |
| 941 | 3,144.00 | LSE | 14:56:27 |
| 227 | 3,144.00 | LSE | 14:56:27 |
| 791 | 3,143.00 | CHIX | 14:58:53 |
| 1433 | 3,143.00 | BATE | 14:58:53 |
| 1089 | 3,154.00 | LSE | 15:03:47 |
| 24 | 3,154.00 | LSE | 15:03:47 |
| 1271 | 3,154.00 | BATE | 15:05:42 |
| 537 | 3,150.00 | LSE | 15:08:31 |
| 722 | 3,150.00 | LSE | 15:08:31 |
| 647 | 3,151.00 | BATE | 15:13:51 |
| 828 | 3,151.00 | BATE | 15:13:51 |
| 1170 | 3,153.00 | LSE | 15:16:02 |
| 206 | 3,155.00 | CHIX | 15:19:38 |
| 44 | 3,155.00 | CHIX | 15:19:38 |
| 20 | 3,156.00 | BATE | 15:22:34 |
| 1133 | 3,156.00 | LSE | 15:23:52 |
| 1297 | 3,156.00 | BATE | 15:23:52 |
| 64 | 3,155.00 | CHIX | 15:26:27 |
| 69 | 3,155.00 | CHIX | 15:26:27 |
| 69 | 3,155.00 | CHIX | 15:26:27 |
| 14 | 3,152.00 | LSE | 15:31:16 |
| 1317 | 3,152.00 | BATE | 15:31:16 |
|---|---|---|---|
| 1100 | 3,152.00 | LSE | 15:31:16 |
| 49 | 3,152.00 | LSE | 15:31:16 |
| 229 | 3,156.00 | CHIX | 15:33:46 |
| 66 | 3,159.00 | CHIX | 15:38:54 |
| 35 | 3,159.00 | CHIX | 15:38:54 |
| 65 | 3,159.00 | CHIX | 15:38:54 |
| 1183 | 3,158.00 | LSE | 15:39:11 |
| 99 | 3,158.00 | BATE | 15:40:55 |
| 569 | 3,157.00 | BATE | 15:41:11 |
| 94 | 3,157.00 | BATE | 15:41:15 |
| 733 | 3,157.00 | BATE | 15:41:19 |
| 58 | 3,161.00 | CHIX | 15:45:20 |
| 68 | 3,161.00 | CHIX | 15:45:20 |
| 66 | 3,161.00 | CHIX | 15:45:20 |
| 1314 | 3,160.00 | LSE | 15:46:00 |
| 392 | 3,161.00 | BATE | 15:50:53 |
| 168 | 3,161.00 | BATE | 15:53:04 |
| 306 | 3,161.00 | BATE | 15:53:04 |
| 65 | 3,161.00 | BATE | 15:53:04 |
| 97 | 3,161.00 | BATE | 15:53:04 |
| 184 | 3,161.00 | BATE | 15:53:04 |
| 779 | 3,162.00 | CHIX | 15:53:04 |
| 245 | 3,161.00 | BATE | 15:53:05 |
| 1214 | 3,161.00 | LSE | 15:56:14 |
| 125 | 3,161.00 | BATE | 15:59:59 |
| 777 | 3,160.00 | BATE | 16:00:03 |
| 579 | 3,160.00 | BATE | 16:00:03 |
| 1137 | 3,164.00 | LSE | 16:02:50 |
| 1089 | 3,162.00 | LSE | 16:09:22 |
| 1396 | 3,162.00 | BATE | 16:11:20 |
| 322 | 3,165.00 | CHIX | 16:13:28 |
| 1405 | 3,165.00 | BATE | 16:14:46 |
| 856 | 3,166.00 | LSE | 16:14:46 |
| 419 | 3,166.00 | LSE | 16:14:46 |
| 500 | 3,164.00 | CHIX | 16:15:06 |
| 1305 | 3,161.00 | LSE | 16:18:56 |
| 83 | 3,160.00 | BATE | 16:21:57 |
| 145 | 3,160.00 | BATE | 16:22:06 |
| 996 | 3,160.00 | BATE | 16:22:12 |
| 5 | 3,160.00 | BATE | 16:22:12 |
| 300 | 3,159.00 | CHIX | 16:23:49 |
| 6 | 3,159.00 | CHIX | 16:23:49 |
| 6 | 3,159.00 | CHIX | 16:23:49 |
| 118 | 3,159.00 | CHIX | 16:23:49 |
| 1176 | 3,159.00 | LSE | 16:24:10 |
| 374 | 3,155.00 | BATE | 16:27:04 |
| 778 | 3,155.00 | BATE | 16:27:04 |
| 668 | 3,155.00 | LSE | 16:27:18 |
|---|
Exhibit 4
British American Tobacco p.l.c.
6 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each ("shares") from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 05 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 110,000 |
| Highest price paid per share (pence): | 3,088.00 |
| Lowest price paid per share (pence): | 3,060.00 |
| Volume weighted average price paid per share (pence): | 3,075.2379 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,204,184,151 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 5 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume<br><br> <br>(in number of shares) | Daily weighted average<br><br> <br>price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 05/03/2025 | 51,000 | 3,075.5285 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 05/03/2025 | 11,000 | 3,074.8308 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 05/03/2025 | 48,000 | 3,075.0225 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 1342 | 3,079.00 | BATE | 08:00:27 |
| 746 | 3,072.00 | BATE | 08:12:24 |
| 642 | 3,072.00 | BATE | 08:12:30 |
| 1474 | 3,063.00 | BATE | 08:31:52 |
| 320 | 3,079.00 | BATE | 08:56:13 |
| 1117 | 3,079.00 | BATE | 08:56:13 |
| 796 | 3,083.00 | BATE | 09:21:22 |
| 631 | 3,083.00 | BATE | 09:21:22 |
| 1408 | 3,084.00 | BATE | 09:44:19 |
| 1478 | 3,071.00 | BATE | 10:07:29 |
| 503 | 3,079.00 | BATE | 10:28:51 |
| 810 | 3,079.00 | BATE | 10:28:57 |
| 487 | 3,067.00 | BATE | 10:53:17 |
| 456 | 3,067.00 | BATE | 10:53:17 |
| 477 | 3,067.00 | BATE | 10:53:17 |
| 1183 | 3,066.00 | BATE | 11:23:29 |
| 41 | 3,066.00 | BATE | 11:23:29 |
| 1043 | 3,065.00 | BATE | 11:44:57 |
| 282 | 3,065.00 | BATE | 11:44:57 |
| 1366 | 3,061.00 | BATE | 12:09:17 |
| 15 | 3,069.00 | BATE | 12:33:15 |
| 1334 | 3,074.00 | BATE | 12:38:11 |
| 1378 | 3,064.00 | BATE | 13:01:46 |
| 1251 | 3,064.00 | BATE | 13:27:20 |
| 160 | 3,064.00 | BATE | 13:27:20 |
| 688 | 3,072.00 | BATE | 13:48:39 |
| 562 | 3,072.00 | BATE | 13:48:39 |
| 339 | 3,068.00 | BATE | 14:00:16 |
| 1062 | 3,068.00 | BATE | 14:00:16 |
| 1304 | 3,068.00 | BATE | 14:17:48 |
| 1326 | 3,063.00 | BATE | 14:26:56 |
| 117 | 3,063.00 | BATE | 14:26:56 |
| 1210 | 3,065.00 | BATE | 14:31:20 |
| 208 | 3,065.00 | BATE | 14:31:20 |
| 1235 | 3,076.00 | BATE | 14:38:23 |
| 1092 | 3,076.00 | BATE | 14:43:47 |
| 374 | 3,076.00 | BATE | 14:43:47 |
| 1249 | 3,081.00 | BATE | 14:50:54 |
| 655 | 3,088.00 | BATE | 14:57:56 |
| 663 | 3,088.00 | BATE | 14:57:56 |
| 1163 | 3,083.00 | BATE | 15:03:55 |
| 74 | 3,083.00 | BATE | 15:03:55 |
| 1443 | 3,085.00 | BATE | 15:12:05 |
| 706 | 3,086.00 | BATE | 15:22:46 |
| 468 | 3,086.00 | BATE | 15:22:46 |
|---|---|---|---|
| 4 | 3,086.00 | BATE | 15:22:46 |
| 106 | 3,086.00 | BATE | 15:22:46 |
| 64 | 3,086.00 | BATE | 15:22:46 |
| 36 | 3,078.00 | BATE | 15:30:07 |
| 468 | 3,078.00 | BATE | 15:30:07 |
| 936 | 3,078.00 | BATE | 15:30:07 |
| 638 | 3,079.00 | BATE | 15:41:09 |
| 465 | 3,079.00 | BATE | 15:41:09 |
| 283 | 3,079.00 | BATE | 15:41:09 |
| 1281 | 3,081.00 | BATE | 15:49:45 |
| 27 | 3,078.00 | BATE | 15:58:26 |
| 1367 | 3,078.00 | BATE | 15:58:26 |
| 993 | 3,079.00 | BATE | 16:07:02 |
| 244 | 3,079.00 | BATE | 16:07:02 |
| 247 | 3,085.00 | BATE | 16:13:42 |
| 143 | 3,085.00 | BATE | 16:13:42 |
| 24 | 3,085.00 | BATE | 16:13:42 |
| 18 | 3,085.00 | BATE | 16:13:42 |
| 143 | 3,085.00 | BATE | 16:14:42 |
| 9 | 3,085.00 | BATE | 16:14:42 |
| 179 | 3,085.00 | BATE | 16:16:28 |
| 179 | 3,085.00 | BATE | 16:16:29 |
| 28 | 3,085.00 | BATE | 16:16:29 |
| 26 | 3,085.00 | BATE | 16:16:29 |
| 13 | 3,085.00 | BATE | 16:18:27 |
| 62 | 3,085.00 | BATE | 16:18:29 |
| 30 | 3,086.00 | BATE | 16:19:01 |
| 24 | 3,086.00 | BATE | 16:19:01 |
| 179 | 3,086.00 | BATE | 16:19:01 |
| 1338 | 3,085.00 | BATE | 16:19:54 |
| 766 | 3,081.00 | BATE | 16:24:49 |
| 1002 | 3,080.00 | BATE | 16:27:06 |
| 1002 | 3,064.00 | CHIX | 08:23:07 |
| 853 | 3,080.00 | CHIX | 09:28:17 |
| 229 | 3,078.00 | CHIX | 10:29:24 |
| 795 | 3,078.00 | CHIX | 10:29:24 |
| 870 | 3,065.00 | CHIX | 11:54:50 |
| 248 | 3,074.00 | CHIX | 13:05:57 |
| 724 | 3,074.00 | CHIX | 13:05:57 |
| 854 | 3,067.00 | CHIX | 14:03:43 |
| 186 | 3,067.00 | CHIX | 14:31:15 |
| 797 | 3,067.00 | CHIX | 14:31:15 |
| 1010 | 3,081.00 | CHIX | 14:50:54 |
| 836 | 3,083.00 | CHIX | 15:14:57 |
| 917 | 3,079.00 | CHIX | 15:41:09 |
| 107 | 3,079.00 | CHIX | 15:41:09 |
| 828 | 3,080.00 | CHIX | 16:08:07 |
| 309 | 3,082.00 | CHIX | 16:21:42 |
|---|---|---|---|
| 435 | 3,082.00 | CHIX | 16:21:42 |
| 1335 | 3,077.00 | LSE | 08:00:43 |
| 1212 | 3,069.00 | LSE | 08:02:19 |
| 957 | 3,072.00 | LSE | 08:06:48 |
| 336 | 3,072.00 | LSE | 08:06:48 |
| 1244 | 3,073.00 | LSE | 08:09:17 |
| 49 | 3,067.00 | LSE | 08:15:50 |
| 106 | 3,067.00 | LSE | 08:15:50 |
| 97 | 3,067.00 | LSE | 08:15:50 |
| 38 | 3,067.00 | LSE | 08:15:50 |
| 154 | 3,067.00 | LSE | 08:15:50 |
| 123 | 3,067.00 | LSE | 08:15:50 |
| 204 | 3,067.00 | LSE | 08:15:50 |
| 450 | 3,067.00 | LSE | 08:15:50 |
| 548 | 3,060.00 | LSE | 08:30:09 |
| 631 | 3,060.00 | LSE | 08:30:09 |
| 1128 | 3,084.00 | LSE | 08:59:35 |
| 1199 | 3,083.00 | LSE | 09:21:22 |
| 25 | 3,083.00 | LSE | 09:21:22 |
| 1270 | 3,087.00 | LSE | 09:49:14 |
| 943 | 3,070.00 | LSE | 10:08:44 |
| 965 | 3,078.00 | LSE | 10:29:24 |
| 400 | 3,078.00 | LSE | 10:29:24 |
| 1256 | 3,069.00 | LSE | 10:48:04 |
| 77 | 3,069.00 | LSE | 10:48:04 |
| 1167 | 3,068.00 | LSE | 11:15:37 |
| 1307 | 3,065.00 | LSE | 11:44:44 |
| 1135 | 3,063.00 | LSE | 12:11:49 |
| 76 | 3,074.00 | LSE | 12:38:11 |
| 47 | 3,074.00 | LSE | 12:38:11 |
| 581 | 3,074.00 | LSE | 12:38:11 |
| 440 | 3,074.00 | LSE | 12:38:11 |
| 1237 | 3,066.00 | LSE | 12:59:49 |
| 1337 | 3,070.00 | LSE | 13:18:23 |
| 1132 | 3,068.00 | LSE | 13:35:41 |
| 101 | 3,071.00 | LSE | 13:51:11 |
| 6 | 3,071.00 | LSE | 13:51:11 |
| 358 | 3,071.00 | LSE | 13:51:11 |
| 10 | 3,071.00 | LSE | 13:51:11 |
| 21 | 3,071.00 | LSE | 13:51:11 |
| 7 | 3,071.00 | LSE | 13:51:11 |
| 20 | 3,071.00 | LSE | 13:51:11 |
| 638 | 3,071.00 | LSE | 13:51:11 |
| 1309 | 3,068.00 | LSE | 14:07:35 |
| 1321 | 3,065.00 | LSE | 14:23:57 |
| 1224 | 3,068.00 | LSE | 14:30:21 |
| 1215 | 3,066.00 | LSE | 14:32:24 |
| 1238 | 3,076.00 | LSE | 14:38:23 |
|---|---|---|---|
| 1156 | 3,082.00 | LSE | 14:46:28 |
| 1214 | 3,080.00 | LSE | 14:50:54 |
| 1118 | 3,088.00 | LSE | 14:57:00 |
| 1117 | 3,084.00 | LSE | 15:02:58 |
| 1145 | 3,085.00 | LSE | 15:09:35 |
| 1232 | 3,084.00 | LSE | 15:14:46 |
| 1166 | 3,086.00 | LSE | 15:22:46 |
| 7 | 3,086.00 | LSE | 15:22:46 |
| 1132 | 3,078.00 | LSE | 15:28:52 |
| 1255 | 3,079.00 | LSE | 15:37:21 |
| 1137 | 3,081.00 | LSE | 15:45:19 |
| 1349 | 3,083.00 | LSE | 15:52:56 |
| 1200 | 3,078.00 | LSE | 16:00:56 |
| 809 | 3,079.00 | LSE | 16:07:02 |
| 531 | 3,079.00 | LSE | 16:07:02 |
| 127 | 3,085.00 | LSE | 16:16:22 |
| 303 | 3,085.00 | LSE | 16:16:22 |
| 405 | 3,085.00 | LSE | 16:16:22 |
| 310 | 3,085.00 | LSE | 16:16:22 |
| 1183 | 3,085.00 | LSE | 16:19:54 |
| 1227 | 3,081.00 | LSE | 16:23:50 |
| 1203 | 3,080.00 | LSE | 16:27:20 |
Exhibit 5
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
The Company has been notified by the trustee of the British American Tobacco Share Incentive Plan that on 5 March 2025 the following Executive Directors and other persons discharging managerial responsibilities purchased ordinary shares of 25p each in British American Tobacco p.l.c. by way of the Partnership Share Scheme.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Tadeu Marroco | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Purchase of ordinary shares under the Partnership Share Scheme – a HMRC approved Share Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5 | |||
| d) | Aggregated information<br><br> <br>- Aggregated volume<br><br> <br>- Price | 5<br> <br> 153.69 | |
| e) | Date of the transaction | 2025-03-05 | |
| f) | Place of the transaction | London Stock Exchange (XLON) |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Soraya Benchikh | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Financial 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Purchase of ordinary shares under the Partnership Share Scheme – a HMRC approved Share Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5 | |||
| d) | Aggregated information<br><br> <br>- Aggregated volume<br><br> <br>- Price | 5<br> <br> 153.69 | |
| e) | Date of the transaction | 2025-03-05 | |
| f) | Place of the transaction | London Stock Exchange (XLON) |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Luciano Comin | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Marketing 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Purchase of ordinary shares under the Partnership Share Scheme – a HMRC approved Share Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5 | |||
| d) | Aggregated information<br><br> <br>- Aggregated volume<br><br> <br>- Price | 5<br> <br> 153.69 | |
| e) | Date of the transaction | 2025-03-05 | |
| f) | Place of the transaction | London Stock Exchange (XLON) |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | James Barrett | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Purchase of ordinary shares under the Partnership Share Scheme – a HMRC approved Share Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5 | |||
| d) | Aggregated information<br><br> <br>- Aggregated volume<br><br> <br>- Price | 5<br> <br> 153.69 | |
| e) | Date of the transaction | 2025-03-05 | |
| f) | Place of the transaction | London Stock Exchange (XLON) |
All values are in British Pounds.
| 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 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Purchase of ordinary shares under the Partnership Share Scheme – a HMRC approved Share Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5 | |||
| d) | Aggregated information<br><br> <br>- Aggregated volume<br><br> <br>- Price | 5<br> <br> 153.69 | |
| e) | Date of the transaction | 2025-03-05 | |
| f) | Place of the transaction | London Stock Exchange (XLON) |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Paul McCrory | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director, Corporate and Regulatory Affairs | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Purchase of ordinary shares under the Partnership Share Scheme – a HMRC approved Share Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5 | |||
| d) | Aggregated information<br><br> <br>- Aggregated volume<br><br> <br>- Price | 5<br> <br> 153.69 | |
| e) | Date of the transaction | 2025-03-05 | |
| f) | Place of the transaction | London Stock Exchange (XLON) |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Javed Iqbal | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director, Digital and Information | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Purchase of ordinary shares under the Partnership Share Scheme – a HMRC approved Share Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5 | |||
| d) | Aggregated information<br><br> <br>- Aggregated volume<br><br> <br>- Price | 5<br> <br> 153.69 | |
| e) | Date of the transaction | 2025-03-05 | |
| f) | Place of the transaction | London Stock Exchange (XLON) |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Johan Vandermeulen | |
| 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Purchase of ordinary shares under the Partnership Share Scheme – a HMRC approved Share Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5 | |||
| d) | Aggregated information<br><br> <br>- Aggregated volume<br><br> <br>- Price | 5<br> <br> 153.69 | |
| e) | Date of the transaction | 2025-03-05 | |
| f) | Place of the transaction | London Stock Exchange (XLON) |
All values are in British Pounds.
| Name of officer of issuer responsible for making notification: Nancy Jiang |
|---|
| Date of notification: 6 March 2025 |
Exhibit 6
British American Tobacco p.l.c.
07 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each ("shares") from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 06 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 112,732 |
| Highest price paid per share (pence): | 3,117.00 |
| Lowest price paid per share (pence): | 3,050.00 |
| Volume weighted average price paid per share (pence): | 3,095.4860 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,204,071,419 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 06 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume<br><br> <br>(in number of shares) | Daily weighted average<br><br> <br>price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 06/03/2025 | 52,003 | 3,094.9412 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 06/03/2025 | 11,242 | 3,098.9340 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 06/03/2025 | 49,487 | 3,095.2751 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> purchased | Transaction price<br><br> (per share) | Market | Time of transaction |
|---|---|---|---|
| 1232 | 3,069.00 | BATE | 08:00:43 |
| 375 | 3,059.00 | BATE | 08:10:26 |
| 891 | 3,059.00 | BATE | 08:10:26 |
| 1050 | 3,050.00 | BATE | 08:27:28 |
| 444 | 3,050.00 | BATE | 08:27:28 |
| 32 | 3,050.00 | BATE | 08:27:28 |
| 1361 | 3,055.00 | BATE | 08:50:36 |
| 1466 | 3,071.00 | BATE | 09:14:15 |
| 1379 | 3,070.00 | BATE | 09:36:56 |
| 64 | 3,070.00 | BATE | 09:36:56 |
| 90 | 3,074.00 | BATE | 10:01:34 |
| 1207 | 3,074.00 | BATE | 10:01:34 |
| 659 | 3,075.00 | BATE | 10:20:03 |
| 646 | 3,075.00 | BATE | 10:20:03 |
| 2 | 3,080.00 | BATE | 10:43:15 |
| 50 | 3,080.00 | BATE | 10:43:15 |
| 1193 | 3,080.00 | BATE | 10:43:55 |
| 11 | 3,080.00 | BATE | 10:43:55 |
| 1510 | 3,080.00 | BATE | 11:04:52 |
| 1411 | 3,091.00 | BATE | 11:35:08 |
| 78 | 3,096.00 | BATE | 11:59:46 |
| 1308 | 3,098.00 | BATE | 12:01:13 |
| 327 | 3,097.00 | BATE | 12:28:48 |
| 1170 | 3,097.00 | BATE | 12:28:48 |
| 1525 | 3,096.00 | BATE | 12:53:49 |
| 1225 | 3,103.00 | BATE | 13:22:00 |
| 139 | 3,108.00 | BATE | 13:40:16 |
| 284 | 3,110.00 | BATE | 13:41:52 |
| 45 | 3,110.00 | BATE | 13:41:52 |
| 204 | 3,110.00 | BATE | 13:41:52 |
| 742 | 3,110.00 | BATE | 13:41:52 |
| 1091 | 3,108.00 | BATE | 13:55:49 |
| 134 | 3,108.00 | BATE | 13:55:49 |
| 608 | 3,110.00 | BATE | 14:11:53 |
| 874 | 3,110.00 | BATE | 14:11:53 |
| 1455 | 3,106.00 | BATE | 14:27:46 |
| 1416 | 3,105.00 | BATE | 14:30:22 |
| 1189 | 3,109.00 | BATE | 14:35:03 |
| 262 | 3,109.00 | BATE | 14:35:03 |
| 377 | 3,109.00 | BATE | 14:41:37 |
| 1095 | 3,109.00 | BATE | 14:41:37 |
| 1391 | 3,104.00 | BATE | 14:49:59 |
| 309 | 3,106.00 | BATE | 14:56:46 |
| 1166 | 3,106.00 | BATE | 14:56:46 |
| 861 | 3,102.00 | BATE | 15:04:55 |
|---|---|---|---|
| 367 | 3,102.00 | BATE | 15:04:55 |
| 541 | 3,111.00 | BATE | 15:10:57 |
| 833 | 3,111.00 | BATE | 15:10:57 |
| 1248 | 3,107.00 | BATE | 15:19:00 |
| 1262 | 3,117.00 | BATE | 15:27:16 |
| 1394 | 3,114.00 | BATE | 15:34:18 |
| 1256 | 3,110.00 | BATE | 15:44:15 |
| 164 | 3,110.00 | BATE | 15:44:15 |
| 987 | 3,106.00 | BATE | 15:54:08 |
| 513 | 3,106.00 | BATE | 15:54:08 |
| 1335 | 3,109.00 | BATE | 16:01:35 |
| 1392 | 3,109.00 | BATE | 16:07:59 |
| 126 | 3,109.00 | BATE | 16:14:22 |
| 1407 | 3,105.00 | BATE | 16:15:54 |
| 1298 | 3,103.00 | BATE | 16:23:24 |
| 37 | 3,104.00 | BATE | 16:25:31 |
| 41 | 3,104.00 | BATE | 16:25:31 |
| 41 | 3,104.00 | BATE | 16:25:31 |
| 41 | 3,104.00 | BATE | 16:25:31 |
| 41 | 3,104.00 | BATE | 16:25:31 |
| 41 | 3,104.00 | BATE | 16:25:31 |
| 705 | 3,101.00 | BATE | 16:27:07 |
| 69 | 3,101.00 | BATE | 16:27:07 |
| 1008 | 3,071.00 | CHIX | 09:14:15 |
| 52 | 3,071.00 | CHIX | 09:14:15 |
| 984 | 3,078.00 | CHIX | 10:22:26 |
| 731 | 3,090.00 | CHIX | 11:37:44 |
| 212 | 3,090.00 | CHIX | 11:37:44 |
| 147 | 3,100.00 | CHIX | 12:49:58 |
| 68 | 3,100.00 | CHIX | 12:50:13 |
| 766 | 3,100.00 | CHIX | 12:50:31 |
| 613 | 3,106.00 | CHIX | 13:50:03 |
| 351 | 3,106.00 | CHIX | 13:50:03 |
| 968 | 3,103.00 | CHIX | 14:29:47 |
| 249 | 3,108.00 | CHIX | 14:43:51 |
| 41 | 3,104.00 | CHIX | 14:49:23 |
| 1052 | 3,104.00 | CHIX | 14:50:34 |
| 436 | 3,111.00 | CHIX | 15:10:57 |
| 414 | 3,111.00 | CHIX | 15:10:57 |
| 813 | 3,114.00 | CHIX | 15:30:55 |
| 115 | 3,114.00 | CHIX | 15:31:08 |
| 542 | 3,105.00 | CHIX | 15:55:01 |
| 294 | 3,105.00 | CHIX | 15:55:10 |
| 784 | 3,109.00 | CHIX | 16:12:30 |
| 602 | 3,102.00 | CHIX | 16:23:53 |
| 1298 | 3,069.00 | LSE | 08:00:43 |
| 1120 | 3,062.00 | LSE | 08:09:39 |
| 1181 | 3,055.00 | LSE | 08:22:50 |
|---|---|---|---|
| 1343 | 3,055.00 | LSE | 08:32:18 |
| 231 | 3,053.00 | LSE | 08:48:27 |
| 1005 | 3,053.00 | LSE | 08:48:49 |
| 512 | 3,060.00 | LSE | 09:01:05 |
| 747 | 3,060.00 | LSE | 09:01:05 |
| 1314 | 3,068.00 | LSE | 09:17:19 |
| 1137 | 3,075.00 | LSE | 09:45:08 |
| 1205 | 3,080.00 | LSE | 10:05:17 |
| 226 | 3,080.00 | LSE | 10:25:51 |
| 869 | 3,080.00 | LSE | 10:25:51 |
| 1180 | 3,082.00 | LSE | 10:46:58 |
| 813 | 3,082.00 | LSE | 11:07:03 |
| 370 | 3,082.00 | LSE | 11:07:03 |
| 399 | 3,092.00 | LSE | 11:31:57 |
| 954 | 3,092.00 | LSE | 11:31:57 |
| 146 | 3,094.00 | LSE | 11:55:54 |
| 200 | 3,094.00 | LSE | 11:55:54 |
| 1337 | 3,098.00 | LSE | 12:01:13 |
| 851 | 3,097.00 | LSE | 12:28:48 |
| 438 | 3,097.00 | LSE | 12:28:48 |
| 1264 | 3,095.00 | LSE | 12:54:41 |
| 1271 | 3,103.00 | LSE | 13:16:21 |
| 497 | 3,107.00 | LSE | 13:30:22 |
| 628 | 3,107.00 | LSE | 13:30:22 |
| 752 | 3,111.00 | LSE | 13:44:32 |
| 525 | 3,111.00 | LSE | 13:44:32 |
| 745 | 3,108.00 | LSE | 13:55:49 |
| 424 | 3,108.00 | LSE | 13:55:49 |
| 532 | 3,109.00 | LSE | 14:07:16 |
| 168 | 3,109.00 | LSE | 14:13:21 |
| 513 | 3,109.00 | LSE | 14:13:21 |
| 380 | 3,105.00 | LSE | 14:21:27 |
| 965 | 3,105.00 | LSE | 14:21:27 |
| 273 | 3,103.00 | LSE | 14:29:47 |
| 675 | 3,103.00 | LSE | 14:29:47 |
| 393 | 3,103.00 | LSE | 14:29:47 |
| 1111 | 3,111.00 | LSE | 14:33:12 |
| 1108 | 3,106.00 | LSE | 14:37:46 |
| 1345 | 3,108.00 | LSE | 14:43:51 |
| 1352 | 3,104.00 | LSE | 14:50:34 |
| 1206 | 3,103.00 | LSE | 14:56:01 |
| 1166 | 3,100.00 | LSE | 15:02:53 |
| 288 | 3,110.00 | LSE | 15:11:24 |
| 2 | 3,110.00 | LSE | 15:11:24 |
| 1001 | 3,110.00 | LSE | 15:11:24 |
| 341 | 3,108.00 | LSE | 15:15:09 |
| 254 | 3,108.00 | LSE | 15:15:09 |
| 627 | 3,108.00 | LSE | 15:15:09 |
|---|---|---|---|
| 1317 | 3,107.00 | LSE | 15:19:00 |
| 200 | 3,109.00 | LSE | 15:23:01 |
| 173 | 3,109.00 | LSE | 15:23:01 |
| 150 | 3,109.00 | LSE | 15:23:01 |
| 243 | 3,109.00 | LSE | 15:23:01 |
| 361 | 3,109.00 | LSE | 15:23:01 |
| 1094 | 3,113.00 | LSE | 15:28:02 |
| 148 | 3,114.00 | LSE | 15:34:18 |
| 892 | 3,114.00 | LSE | 15:34:18 |
| 41 | 3,114.00 | LSE | 15:34:18 |
| 14 | 3,114.00 | LSE | 15:34:18 |
| 1215 | 3,113.00 | LSE | 15:40:17 |
| 1195 | 3,109.00 | LSE | 15:48:16 |
| 1255 | 3,106.00 | LSE | 15:56:49 |
| 1336 | 3,107.00 | LSE | 16:10:34 |
| 301 | 3,104.00 | LSE | 16:17:08 |
| 678 | 3,104.00 | LSE | 16:17:08 |
| 157 | 3,104.00 | LSE | 16:17:08 |
| 1297 | 3,106.00 | LSE | 16:18:50 |
| 1254 | 3,103.00 | LSE | 16:25:54 |
Exhibit 7
7 March 2025
British American Tobacco p.l.c. (“BAT”)
CANADA Update - COURT’S SANCTION OF PLAN OF COMPROMISE AND ARRANGEMENT IN CCAA PROCEEDINGS
In March 2019, Imperial Tobacco Canada Limited (“ITCAN”), a subsidiary of BAT, obtained creditor protection under the Canadian Companies’ Creditors Arrangement Act (“CCAA”). Under a confidential court supervised mediation process, ITCAN has since been negotiating a possible settlement of all of its outstanding tobacco litigation in Canada while continuing to run its business in the normal course.
BAT now notes that the court-appointed Mediator’s and Monitor’s Plan of Compromise and Arrangement for ITCAN (the “Plan”) has been sanctioned by the Ontario Superior Court of Justice in the ongoing proceedings under the CCAA.
In response to said sanction order, ITCAN stated “We are pleased that the Court has sanctioned the Mediator’s and Monitor’s Plan of Compromise and Arrangement, a critical milestone in the CCAA process. We look forward to the successful implementation of this Plan, which maximizes value for claimants, resolves outstanding tobacco litigation, and allows us to emerge from CCAA protection. While there are still some steps that must be taken to implement the settlement, Imperial Tobacco Canada is committed to continue working with the relevant parties to complete this process as quickly as possible for the benefit of all stakeholders.”
The Plan resolves all Canadian tobacco litigation and provides a full and comprehensive release to ITCAN, BAT and all related entities for all Canadian tobacco claims. This settlement will be funded by ITCAN’s cash on hand and the profits generated from the future sale of tobacco products in Canada.
Tadeu Marroco, BAT’s Chief Executive said, “After six years of negotiation, today’s decision is an important step that brings ITCAN closer to emerging from CCAA for the benefit of all stakeholders. Like our Canadian subsidiary, we remain committed to working with all parties to implement the Plan, and complete this process.”
As noted at the Group’s full year results in February, the Group will present certain measures excluding the profit made from ITCAN (excluding New Categories) for 2025, with 2024 comparatives rebased accordingly. A comprehensive update can be found in our preliminary results here. Today’s announcement does not impact our 2025 guidance, including c.1% revenue growth, 1.5-2.5% adjusted profit from operations growth or our commitment to deliver a sustainable share buy-back including the £900mn in 2025.
ENDS
Enquiries
Media Centre
press_office@bat.com | @BATplc
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
About BAT
BAT is a leading global multi-category consumer goods business. Underpinned by world-leading science and R&D, our purpose is to create A Better Tomorrow^™^ by Building a Smokeless World where, ultimately, cigarettes have become a thing of the past. BAT’s purpose is backed by Omni^™^, an evidence-based manifesto for change which captures its commitment and progress.
BAT employs more than 48,000 people and, in 2024, generated revenue of £25.9bn, with an adjusted profit from operations of £11.9bn.
BAT’s aim is to have 50 million adult consumers of its Smokeless products by 2030 and generate 50% of its revenue from Smokeless products by 2035. BAT’s portfolio is made up of a growing range of nicotine and smokeless tobacco products which include its Vapour brand Vuse; Heated Product brand glo; and Velo, its Modern Oral (nicotine pouch) brand. After only a decade of investment in these products, the Group has delivered New Category revenue of £3.4bn in 2024, with strong progress in profitability. BAT’s portfolio reflects our commitment to meeting the evolving and varied preferences of today’s adult consumers.
BAT is also reducing the use of natural resources, improving livelihoods, and delivering on its climate goals to be Net Zero across its value chain by 2050. BAT received a Triple A rating from CDP in 2024 for its disclosures on Climate Change, Water Security, and Forests, showcasing its commitment to environmental transparency and action.
Forward-looking statements
This release contains certain forward-looking statements, including "forward-looking" statements made within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are often, but not always, made through the use of words or phrases such as "believe," "anticipate," "could," "may," "would," "should," "intend," "plan," "potential," "predict," "will," "expect," "estimate," "project," "positioned," "strategy," "outlook", "target" and similar expressions. These include statements regarding the implementation and completion of the Plan. These also include statements regarding our 2025 guidance, our commitment to deliver a sustainable share buy-back in 2025, our Smokeless product customer target ambition, our New Categories revenue target and our Sustainability targets.
All such forward-looking statements involve estimates and assumptions that are subject to risks, uncertainties and other factors. It is believed that the expectations reflected in this release are reasonable but they may be affected by a wide range of variables that could cause actual results to differ materially from those currently anticipated. A review of the reasons why actual results and developments may differ materially from the expectations disclosed or implied within forward-looking statements can be found by referring to the information contained under the heading "Group Principal Risks", including the impact of competition from illicit trade; the impact of adverse domestic or international legislation and regulation; the inability to develop, commercialise and deliver the BAT Group’s New Categories strategy; the impact of Supply chain disruptions; adverse litigation and dispute outcomes and the effect of such outcomes on the BAT Group’s financial condition; the impact of significant increases or structural changes in tobacco, nicotine and New Categories related taxes; translational and transactional foreign exchange rate exposure; changes or differences in domestic or international economic or political conditions; the ability to maintain credit ratings and to fund the business under the current capital structure; the impact of serious injury, illness or death in the workplace; adverse decisions by domestic or international regulatory bodies; direct and indirect adverse impacts associated with Climate Change; direct and indirect adverse impacts associated with the move towards a Circular Economy; and Cyber Security risks caused by the heightened cyber-threat landscape and increased digital interactions with consumers, and changes to regulation, in the 2024 Annual Report and Form 20-F of British American Tobacco p.l.c. (“BAT”).
Additional information concerning these and other factors can be found in BAT's filings with the U.S. Securities and Exchange Commission ("SEC"), including the Annual Report on Form 20-F and Current Reports on Form 6-K, which may be obtained free of charge at the SEC's website, http://www.sec.gov and BAT’s Annual Reports, which may be obtained free of charge from the BAT website www.bat.com.
Past performance is no guide to future performance and persons needing advice should consult an independent financial adviser. The forward-looking statements reflect knowledge and information available at the date of preparation of this release and BAT undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on such forward-looking statements.
Exhibit 8
British American Tobacco p.l.c.
TR-1: Notification of major holdings
| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached^ii^: | British American Tobacco p.l.c. |
|---|---|
| 1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate) | |
| --- | --- |
| Non-UK issuer | |
| 2. Reason for the notification (please mark the appropriate box or boxes with an “X”) | |
| An acquisition or disposal of voting rights | X |
| An acquisition or disposal of financial instruments | |
| An event changing the breakdown of voting rights | |
| Other (please specify)^iii^: | |
| 3. Details of person subject to the notification obligation^iv^ | |
| --- | --- |
| Name | The Capital Group Companies, Inc. |
| City and country of registered office (if applicable) | Los Angeles, USA |
| 4. Full name of shareholder(s) (if different from 3)^v^ | |
| Name | |
| City and country of registered office (if applicable) | |
| Name | |
| City and country of registered office (if applicable) | |
| Name | |
| City and country of registered office (if applicable) | |
| Name | |
| City and country of registered office (if applicable) | |
| Name | |
| City and country of registered office (if applicable) | |
| 5. Date on which the threshold was crossed or reached^vi^: | 05/03/2025 |
| 6. Date on which issuer notified (DD/MM/YYYY): | 06/03/2025 |
| 7. Total positions of person(s) subject to the notification obligation | |||||
|---|---|---|---|---|---|
| % of voting rights<br><br> <br>attached to shares<br><br> <br>(total of 8. A) | % of voting rights<br><br> <br>through financial<br><br> <br>instruments<br><br> <br>(total of 8.B 1 + 8.B 2) | Total of both in %<br><br> <br>(8.A + 8.B) | Total number of<br><br> <br>voting rights of issuer^vii^ | ||
| Resulting situation on the date on which threshold was crossed or reached | 17.017042 | 0.000000 | 17.017042 | 375105434 | |
| Position of previous notification<br><br> <br>(if applicable) | 16.103223 | 0.000000 | 16.103223 | ||
| 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached^viii^ | |||||
| --- | --- | --- | --- | --- | |
| A: Voting rights attached to shares | |||||
| Class/type of shares<br><br> <br>ISIN code<br><br> <br>(if possible) | Number of voting rights^ix^ | % of voting rights | |||
| Direct<br><br> <br>(Art 9 of Directive 2004/109/EC)<br><br> <br>(DTR5.1) | Indirect<br><br> <br>(Art 10 of Directive 2004/109/EC)<br><br> <br>(DTR5.2.1) | Direct<br><br> <br>(Art 9 of Directive 2004/109/EC)<br><br> <br>(DTR5.1) | Indirect<br><br> <br>(Art 10 of Directive 2004/109/EC)<br><br> <br>(DTR5.2.1) | ||
| GB0002875804 Common Stock | 303362312 | 13.762342 | |||
| US1104481072 Depository Receipt | 71743122 | 3.254700 | |||
| SUBTOTAL 8. A | 375105434 | 17.017042% | |||
| B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | |||||
| --- | --- | --- | --- | --- | |
| Type of financial instrument | Expiration date^x^ | Exercise/Conversion Period^xi^ | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |
| N/A | |||||
| SUBTOTAL 8. B 1 | |||||
| B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) | |||||
| --- | --- | --- | --- | --- | --- |
| Type of financial instrument | Expiration<br><br> <br>date^x^ | Exercise/Conversion Period ^xi^ | Physical or cash settlement^xii^ | Number of voting rights | % of voting rights |
| SUBTOTAL 8.B.2 |
| 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”) | ||||
|---|---|---|---|---|
| Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer^xiii^ | ||||
| Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity^xiv^(please add additional rows as necessary) | X | |||
| Name^xv^ | Name of controlled undertaking | % of voting rights<br><br> <br>if it equals or is<br><br> <br>higher than the<br><br> <br>notifiable threshold | % of voting rights<br><br> <br>through financial<br><br> <br>instruments if it equals<br><br> <br>or is higher than the<br><br> <br>notifiable threshold | Total of both if it equals<br><br> <br>or is higher than the<br><br> <br>notifiable threshold |
| --- | --- | --- | --- | --- |
| The Capital Group Companies, Inc. | Capital Research and Management Company | 16.826201 | 16.826201% | |
| The Capital Group Companies, Inc. | Capital International, Inc. | |||
| The Capital Group Companies, Inc. | Capital Group Private Client Services, Inc. | |||
| The Capital Group Companies, Inc. | Capital International Sarl | |||
| The Capital Group Companies, Inc. | Capital International Limited | |||
| The Capital Group Companies, Inc. | The Investment Company of America (a mutual fund managed by Capital Research and Management Company) | 5.083602 | 5.083602% | |
| 10. In case of proxy voting, please identify: | ||||
| --- | ||||
| Name of the proxy holder | ||||
| The number and % of voting rights held | ||||
| The date until which the voting rights will be held |
| 11. Additional information^xvi^ | |
|---|---|
| The Capital Group Companies, Inc. (”CGC”) is the parent company of Capital Research and Management Company (”CRMC”) and Capital Bank & Trust Company (”CB&T”). CRMC is a U.S.-based investment management company that serves as<br> investment manager to the American Funds family of mutual funds, other pooled investment vehicles, as well as individual and institutional clients. CRMC and its investment manager affiliates manage equity assets for various investment<br> companies through three divisions, Capital Research Global Investors, Capital International Investors and Capital World Investors. CRMC is the parent company of Capital Group International, Inc. (”CGII”), which in turn is the parent company<br> of six investment management companies (”CGII management companies”): Capital International, Inc., Capital International Limited, Capital International Sàrl, Capital International K.K., Capital Group Private Client Services Inc, and Capital<br> Group Investment Management Private Limited. CGII management companies primarily serve as investment managers to institutional and high net worth clients. CB&T is a U.S.-based registered investment adviser and an affiliated federally<br> chartered bank.<br><br> <br>Neither CGC nor any of its affiliates own shares of the Issuer for its own account. Rather, the shares reported on this Notification are owned by accounts under the discretionary investment management of one or more of the investment<br> management companies described above. | |
| Place of completion | Los Angeles |
| --- | --- |
| Date of completion | 6 March 2025 |
Name of duly authorised officer of issuer responsible for making notification:
Christopher Worlock
Assistant Secretary
British American Tobacco p.l.c.
7 March 2025
Enquiries:
British American Tobacco Media Centre
+44 (0)20 7845 2888 (24 hours) │@BATPlc
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Exhibit 9
British American Tobacco p.l.c.
10 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each ("shares") from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 07 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 108,665 |
| Highest price paid per share (pence): | 3,148.00 |
| Lowest price paid per share (pence): | 3,085.00 |
| Volume weighted average price paid per share (pence): | 3,118.5616 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,203,962,754 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 07 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume<br><br> <br>(in number of shares) | Daily weighted average<br><br> <br>price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 07/03/2025 | 49,479 | 3,119.1191 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 07/03/2025 | 10,383 | 3,117.6917 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 07/03/2025 | 48,803 | 3,118.1814 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> purchased | Transaction price<br><br> (per share) | Market | Time of transaction |
|---|---|---|---|
| 25 | 3,110.00 | BATE | 08:00:50 |
| 1499 | 3,110.00 | BATE | 08:00:51 |
| 1 | 3,110.00 | BATE | 08:00:51 |
| 1277 | 3,092.00 | BATE | 08:13:09 |
| 16 | 3,092.00 | BATE | 08:13:09 |
| 1409 | 3,089.00 | BATE | 08:30:11 |
| 1250 | 3,085.00 | BATE | 08:54:13 |
| 1138 | 3,096.00 | BATE | 09:11:48 |
| 383 | 3,096.00 | BATE | 09:11:48 |
| 1522 | 3,099.00 | BATE | 09:37:42 |
| 1419 | 3,101.00 | BATE | 10:04:58 |
| 300 | 3,101.00 | BATE | 10:18:53 |
| 122 | 3,103.00 | BATE | 10:27:47 |
| 196 | 3,103.00 | BATE | 10:27:47 |
| 160 | 3,103.00 | BATE | 10:28:45 |
| 229 | 3,103.00 | BATE | 10:28:45 |
| 36 | 3,103.00 | BATE | 10:32:51 |
| 570 | 3,103.00 | BATE | 10:32:52 |
| 1487 | 3,104.00 | BATE | 10:52:34 |
| 982 | 3,104.00 | BATE | 11:19:23 |
| 468 | 3,104.00 | BATE | 11:19:23 |
| 1315 | 3,090.00 | BATE | 11:43:38 |
| 1182 | 3,103.00 | BATE | 12:10:34 |
| 153 | 3,103.00 | BATE | 12:10:34 |
| 1279 | 3,107.00 | BATE | 12:32:08 |
| 1513 | 3,105.00 | BATE | 12:58:29 |
| 1378 | 3,108.00 | BATE | 13:22:58 |
| 194 | 3,113.00 | BATE | 13:41:00 |
| 1056 | 3,114.00 | BATE | 13:41:51 |
| 304 | 3,114.00 | BATE | 13:41:51 |
| 1304 | 3,112.00 | BATE | 13:58:43 |
| 759 | 3,113.00 | BATE | 14:16:14 |
| 536 | 3,113.00 | BATE | 14:18:48 |
| 56 | 3,114.00 | BATE | 14:27:54 |
| 1209 | 3,114.00 | BATE | 14:27:54 |
| 200 | 3,115.00 | BATE | 14:29:56 |
| 743 | 3,115.00 | BATE | 14:29:56 |
| 339 | 3,115.00 | BATE | 14:29:56 |
| 1526 | 3,124.00 | BATE | 14:33:30 |
| 1030 | 3,134.00 | BATE | 14:41:50 |
| 211 | 3,134.00 | BATE | 14:41:50 |
| 361 | 3,134.00 | BATE | 14:46:59 |
| 264 | 3,134.00 | BATE | 14:47:00 |
| 1525 | 3,137.00 | BATE | 14:50:50 |
| 1470 | 3,138.00 | BATE | 14:59:15 |
|---|---|---|---|
| 1358 | 3,139.00 | BATE | 15:05:40 |
| 716 | 3,138.00 | BATE | 15:15:42 |
| 720 | 3,138.00 | BATE | 15:15:42 |
| 1358 | 3,140.00 | BATE | 15:22:19 |
| 144 | 3,140.00 | BATE | 15:29:47 |
| 1372 | 3,139.00 | BATE | 15:31:49 |
| 1415 | 3,139.00 | BATE | 15:42:06 |
| 358 | 3,141.00 | BATE | 15:50:40 |
| 1000 | 3,141.00 | BATE | 15:50:40 |
| 1458 | 3,139.00 | BATE | 15:59:28 |
| 1002 | 3,139.00 | BATE | 16:07:42 |
| 252 | 3,139.00 | BATE | 16:07:42 |
| 918 | 3,142.00 | BATE | 16:12:15 |
| 31 | 3,145.00 | BATE | 16:16:58 |
| 461 | 3,145.00 | BATE | 16:16:58 |
| 287 | 3,148.00 | BATE | 16:21:25 |
| 593 | 3,148.00 | BATE | 16:21:25 |
| 42 | 3,148.00 | BATE | 16:21:25 |
| 922 | 3,146.00 | BATE | 16:23:27 |
| 870 | 3,093.00 | CHIX | 08:21:04 |
| 681 | 3,100.00 | CHIX | 09:19:47 |
| 283 | 3,100.00 | CHIX | 09:19:47 |
| 991 | 3,104.00 | CHIX | 10:28:30 |
| 1016 | 3,099.00 | CHIX | 11:58:21 |
| 898 | 3,111.00 | CHIX | 13:13:32 |
| 525 | 3,111.00 | CHIX | 14:03:45 |
| 367 | 3,111.00 | CHIX | 14:03:45 |
| 46 | 3,111.00 | CHIX | 14:03:45 |
| 870 | 3,124.00 | CHIX | 14:32:51 |
| 895 | 3,136.00 | CHIX | 14:50:56 |
| 553 | 3,137.00 | CHIX | 15:11:48 |
| 475 | 3,137.00 | CHIX | 15:11:48 |
| 896 | 3,140.00 | CHIX | 15:41:55 |
| 732 | 3,139.00 | CHIX | 16:05:13 |
| 2 | 3,139.00 | CHIX | 16:05:13 |
| 100 | 3,139.00 | CHIX | 16:05:13 |
| 182 | 3,139.00 | CHIX | 16:05:13 |
| 1 | 3,139.00 | CHIX | 16:05:13 |
| 1134 | 3,112.00 | LSE | 08:00:50 |
| 1110 | 3,110.00 | LSE | 08:05:36 |
| 61 | 3,110.00 | LSE | 08:05:36 |
| 1094 | 3,092.00 | LSE | 08:11:10 |
| 64 | 3,091.00 | LSE | 08:24:23 |
| 1294 | 3,091.00 | LSE | 08:24:23 |
| 1183 | 3,085.00 | LSE | 08:54:13 |
| 718 | 3,101.00 | LSE | 09:04:39 |
| 593 | 3,101.00 | LSE | 09:04:39 |
| 795 | 3,103.00 | LSE | 09:25:27 |
|---|---|---|---|
| 450 | 3,103.00 | LSE | 09:25:27 |
| 1310 | 3,101.00 | LSE | 09:54:53 |
| 1272 | 3,101.00 | LSE | 10:16:15 |
| 1290 | 3,103.00 | LSE | 10:29:13 |
| 52 | 3,105.00 | LSE | 10:57:12 |
| 1020 | 3,105.00 | LSE | 10:57:12 |
| 214 | 3,105.00 | LSE | 10:57:12 |
| 1263 | 3,108.00 | LSE | 11:08:27 |
| 542 | 3,105.00 | LSE | 11:32:58 |
| 772 | 3,105.00 | LSE | 11:32:58 |
| 1123 | 3,099.00 | LSE | 11:58:21 |
| 1200 | 3,105.00 | LSE | 12:26:51 |
| 107 | 3,105.00 | LSE | 12:26:51 |
| 1212 | 3,106.00 | LSE | 12:54:49 |
| 862 | 3,111.00 | LSE | 13:13:32 |
| 497 | 3,111.00 | LSE | 13:13:32 |
| 1179 | 3,110.00 | LSE | 13:33:00 |
| 1198 | 3,114.00 | LSE | 13:44:56 |
| 38 | 3,114.00 | LSE | 13:44:56 |
| 1162 | 3,110.00 | LSE | 14:04:14 |
| 1059 | 3,113.00 | LSE | 14:16:14 |
| 132 | 3,113.00 | LSE | 14:16:41 |
| 604 | 3,114.00 | LSE | 14:27:48 |
| 225 | 3,114.00 | LSE | 14:27:49 |
| 452 | 3,114.00 | LSE | 14:27:54 |
| 1174 | 3,117.00 | LSE | 14:30:49 |
| 1118 | 3,125.00 | LSE | 14:34:07 |
| 1186 | 3,132.00 | LSE | 14:39:34 |
| 1169 | 3,136.00 | LSE | 14:45:08 |
| 1137 | 3,135.00 | LSE | 14:51:51 |
| 225 | 3,138.00 | LSE | 14:59:15 |
| 500 | 3,138.00 | LSE | 14:59:15 |
| 432 | 3,138.00 | LSE | 14:59:15 |
| 1358 | 3,137.00 | LSE | 15:02:31 |
| 1219 | 3,137.00 | LSE | 15:10:13 |
| 516 | 3,140.00 | LSE | 15:18:14 |
| 826 | 3,140.00 | LSE | 15:18:14 |
| 100 | 3,139.00 | LSE | 15:25:49 |
| 1186 | 3,139.00 | LSE | 15:26:04 |
| 983 | 3,136.00 | LSE | 15:34:59 |
| 301 | 3,136.00 | LSE | 15:34:59 |
| 1024 | 3,139.00 | LSE | 15:44:03 |
| 110 | 3,139.00 | LSE | 15:44:03 |
| 150 | 3,139.00 | LSE | 15:44:03 |
| 1303 | 3,141.00 | LSE | 15:52:35 |
| 1094 | 3,139.00 | LSE | 15:59:28 |
| 52 | 3,140.00 | LSE | 16:03:55 |
| 1053 | 3,140.00 | LSE | 16:03:55 |
|---|---|---|---|
| 1118 | 3,141.00 | LSE | 16:09:37 |
| 509 | 3,143.00 | LSE | 16:13:56 |
| 397 | 3,143.00 | LSE | 16:13:56 |
| 134 | 3,144.00 | LSE | 16:16:12 |
| 868 | 3,146.00 | LSE | 16:17:56 |
| 956 | 3,147.00 | LSE | 16:22:02 |
Exhibit 10
British American Tobacco p.l.c.
11 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the “Company”) announces that in accordance with the authority granted by shareholders at the Company’s Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each (“shares”) from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 10 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 110,000 |
| Highest price paid per share (pence): | 3,166.00 |
| Lowest price paid per share (pence): | 3,125.00 |
| Volume weighted average price paid per share (pence): | 3,147.6001 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,203,852,754 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA’s Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 10 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume<br><br> <br>(in number of shares) | Daily weighted average<br><br> <br>price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 10/03/2025 | 50,000 | 3,147.7555 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 10/03/2025 | 11,000 | 3,147.1368 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 10/03/2025 | 49,000 | 3,147.5456 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 1467 | 3,136.00 | BATE | 08:00:03 |
| 648 | 3,130.00 | BATE | 08:13:46 |
| 774 | 3,130.00 | BATE | 08:13:46 |
| 1254 | 3,137.00 | BATE | 08:33:16 |
| 1403 | 3,144.00 | BATE | 08:52:25 |
| 1318 | 3,135.00 | BATE | 09:15:04 |
| 874 | 3,142.00 | BATE | 09:37:11 |
| 450 | 3,142.00 | BATE | 09:37:11 |
| 1323 | 3,143.00 | BATE | 09:58:46 |
| 1403 | 3,135.00 | BATE | 10:19:03 |
| 1194 | 3,136.00 | BATE | 10:44:01 |
| 323 | 3,136.00 | BATE | 10:45:31 |
| 2 | 3,136.00 | BATE | 10:45:31 |
| 6 | 3,136.00 | BATE | 10:45:31 |
| 76 | 3,144.00 | BATE | 11:08:27 |
| 1367 | 3,144.00 | BATE | 11:13:02 |
| 1294 | 3,142.00 | BATE | 11:40:23 |
| 161 | 3,140.00 | BATE | 12:02:10 |
| 1184 | 3,140.00 | BATE | 12:04:01 |
| 269 | 3,136.00 | BATE | 12:27:39 |
| 974 | 3,136.00 | BATE | 12:27:52 |
| 1445 | 3,142.00 | BATE | 12:51:46 |
| 1370 | 3,137.00 | BATE | 13:19:52 |
| 2 | 3,137.00 | BATE | 13:19:52 |
| 1437 | 3,146.00 | BATE | 13:37:35 |
| 26 | 3,144.00 | BATE | 13:54:24 |
| 27 | 3,144.00 | BATE | 13:54:24 |
| 1372 | 3,143.00 | BATE | 13:55:14 |
| 1350 | 3,156.00 | BATE | 14:13:05 |
| 1509 | 3,153.00 | BATE | 14:25:49 |
| 1308 | 3,152.00 | BATE | 14:30:49 |
| 1325 | 3,155.00 | BATE | 14:36:52 |
| 1373 | 3,156.00 | BATE | 14:41:25 |
| 519 | 3,159.00 | BATE | 14:47:28 |
| 3 | 3,159.00 | BATE | 14:47:28 |
| 852 | 3,159.00 | BATE | 14:47:28 |
| 1473 | 3,159.00 | BATE | 14:54:58 |
| 139 | 3,159.00 | BATE | 15:02:45 |
| 104 | 3,162.00 | BATE | 15:05:52 |
| 765 | 3,162.00 | BATE | 15:05:52 |
| 544 | 3,162.00 | BATE | 15:05:52 |
| 189 | 3,165.00 | BATE | 15:11:53 |
| 29 | 3,165.00 | BATE | 15:12:25 |
| 30 | 3,165.00 | BATE | 15:12:25 |
| 1505 | 3,166.00 | BATE | 15:14:50 |
|---|---|---|---|
| 1506 | 3,159.00 | BATE | 15:23:31 |
| 1445 | 3,154.00 | BATE | 15:31:58 |
| 1396 | 3,151.00 | BATE | 15:42:13 |
| 1469 | 3,153.00 | BATE | 15:54:47 |
| 1435 | 3,151.00 | BATE | 16:00:48 |
| 1359 | 3,148.00 | BATE | 16:10:01 |
| 30 | 3,152.00 | BATE | 16:17:06 |
| 27 | 3,152.00 | BATE | 16:17:06 |
| 209 | 3,152.00 | BATE | 16:17:06 |
| 24 | 3,152.00 | BATE | 16:17:17 |
| 26 | 3,152.00 | BATE | 16:17:17 |
| 26 | 3,152.00 | BATE | 16:17:17 |
| 53 | 3,152.00 | BATE | 16:17:17 |
| 209 | 3,152.00 | BATE | 16:17:17 |
| 209 | 3,152.00 | BATE | 16:17:18 |
| 45 | 3,152.00 | BATE | 16:17:18 |
| 27 | 3,151.00 | BATE | 16:19:06 |
| 44 | 3,151.00 | BATE | 16:19:06 |
| 209 | 3,151.00 | BATE | 16:19:06 |
| 33 | 3,151.00 | BATE | 16:19:06 |
| 209 | 3,151.00 | BATE | 16:19:06 |
| 1481 | 3,151.00 | BATE | 16:21:37 |
| 451 | 3,151.00 | BATE | 16:26:45 |
| 618 | 3,151.00 | BATE | 16:27:50 |
| 893 | 3,136.00 | CHIX | 08:20:00 |
| 707 | 3,136.00 | CHIX | 09:18:14 |
| 233 | 3,136.00 | CHIX | 09:18:14 |
| 473 | 3,139.00 | CHIX | 10:25:35 |
| 382 | 3,139.00 | CHIX | 10:25:35 |
| 863 | 3,139.00 | CHIX | 11:36:00 |
| 1012 | 3,139.00 | CHIX | 12:46:57 |
| 986 | 3,143.00 | CHIX | 13:55:14 |
| 403 | 3,152.00 | CHIX | 14:30:43 |
| 623 | 3,152.00 | CHIX | 14:30:49 |
| 852 | 3,163.00 | CHIX | 14:52:48 |
| 569 | 3,165.00 | CHIX | 15:12:23 |
| 273 | 3,165.00 | CHIX | 15:12:23 |
| 870 | 3,154.00 | CHIX | 15:35:57 |
| 868 | 3,151.00 | CHIX | 16:00:48 |
| 993 | 3,151.00 | CHIX | 16:19:48 |
| 1232 | 3,141.00 | LSE | 08:00:03 |
| 1152 | 3,125.00 | LSE | 08:03:19 |
| 1337 | 3,130.00 | LSE | 08:07:40 |
| 49 | 3,137.00 | LSE | 08:22:50 |
| 1203 | 3,139.00 | LSE | 08:24:51 |
| 1331 | 3,144.00 | LSE | 08:52:25 |
| 715 | 3,140.00 | LSE | 09:22:14 |
| 493 | 3,140.00 | LSE | 09:22:14 |
|---|---|---|---|
| 1333 | 3,146.00 | LSE | 09:51:40 |
| 221 | 3,135.00 | LSE | 10:14:50 |
| 883 | 3,135.00 | LSE | 10:15:13 |
| 161 | 3,135.00 | LSE | 10:15:13 |
| 1110 | 3,140.00 | LSE | 10:51:58 |
| 195 | 3,144.00 | LSE | 11:13:02 |
| 1029 | 3,144.00 | LSE | 11:13:02 |
| 1231 | 3,139.00 | LSE | 11:38:08 |
| 1094 | 3,141.00 | LSE | 12:01:11 |
| 181 | 3,141.00 | LSE | 12:01:11 |
| 1138 | 3,139.00 | LSE | 12:34:57 |
| 1151 | 3,144.00 | LSE | 13:01:33 |
| 1218 | 3,134.00 | LSE | 13:22:45 |
| 1343 | 3,139.00 | LSE | 13:30:30 |
| 1102 | 3,143.00 | LSE | 13:34:10 |
| 482 | 3,147.00 | LSE | 13:40:24 |
| 406 | 3,150.00 | LSE | 13:42:31 |
| 725 | 3,150.00 | LSE | 13:42:31 |
| 1009 | 3,147.00 | LSE | 13:49:20 |
| 2 | 3,147.00 | LSE | 13:49:20 |
| 239 | 3,147.00 | LSE | 13:49:20 |
| 198 | 3,143.00 | LSE | 13:56:18 |
| 559 | 3,143.00 | LSE | 13:56:18 |
| 131 | 3,143.00 | LSE | 13:56:18 |
| 224 | 3,143.00 | LSE | 13:56:18 |
| 172 | 3,143.00 | LSE | 13:56:18 |
| 519 | 3,154.00 | LSE | 14:04:13 |
| 593 | 3,154.00 | LSE | 14:04:13 |
| 1205 | 3,157.00 | LSE | 14:12:24 |
| 141 | 3,157.00 | LSE | 14:12:24 |
| 670 | 3,156.00 | LSE | 14:20:44 |
| 431 | 3,156.00 | LSE | 14:20:44 |
| 549 | 3,155.00 | LSE | 14:28:01 |
| 650 | 3,155.00 | LSE | 14:28:01 |
| 1099 | 3,156.00 | LSE | 14:36:18 |
| 185 | 3,157.00 | LSE | 14:41:24 |
| 1014 | 3,157.00 | LSE | 14:41:24 |
| 299 | 3,161.00 | LSE | 14:48:39 |
| 1030 | 3,161.00 | LSE | 14:48:39 |
| 1268 | 3,161.00 | LSE | 14:57:05 |
| 1189 | 3,163.00 | LSE | 15:05:00 |
| 1262 | 3,165.00 | LSE | 15:12:23 |
| 1094 | 3,161.00 | LSE | 15:20:17 |
| 1028 | 3,156.00 | LSE | 15:27:21 |
| 196 | 3,156.00 | LSE | 15:27:21 |
| 1012 | 3,154.00 | LSE | 15:35:57 |
| 90 | 3,154.00 | LSE | 15:35:57 |
| 1059 | 3,150.00 | LSE | 15:42:27 |
|---|---|---|---|
| 276 | 3,150.00 | LSE | 15:42:27 |
| 76 | 3,152.00 | LSE | 15:53:27 |
| 1149 | 3,153.00 | LSE | 15:54:47 |
| 1117 | 3,151.00 | LSE | 16:00:48 |
| 1107 | 3,150.00 | LSE | 16:07:02 |
| 1189 | 3,147.00 | LSE | 16:12:55 |
| 84 | 3,151.00 | LSE | 16:18:11 |
| 1059 | 3,151.00 | LSE | 16:18:12 |
| 199 | 3,151.00 | LSE | 16:18:12 |
| 1081 | 3,150.00 | LSE | 16:25:04 |
| 33 | 3,150.00 | LSE | 16:25:04 |
| 998 | 3,151.00 | LSE | 16:27:50 |
Exhibit 11
British American Tobacco p.l.c.
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 | Tadeu Marroco | |
| 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 | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Grant of options over ordinary shares under the 2025 British American Tobacco 3 year Sharesave Scheme. | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 373 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 373<br> <br> 9,220.56 | |
| e) | Date of the transaction | 2025-03-10 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
|---|---|---|---|
| a) | Name | Soraya Benchikh | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Financial 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Grant of options over ordinary shares under the 2025 British American Tobacco 3 year Sharesave Scheme. | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 746 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 746<br> <br> 18,441.12 | |
| e) | Date of the transaction | 2025-03-10 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
|---|---|---|---|
| a) | Name | Paul McCrory | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director, Corporate and Regulatory Affairs | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Grant of options over ordinary shares under the 2025 British American Tobacco 3 year Sharesave Scheme. | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 746 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 746<br> <br> 18,441.12 | |
| e) | Date of the transaction | 2025-03-10 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Name of officer of issuer responsible for making notification: Nancy Jiang |
|---|
| Date of notification: 11 March 2025 |
Exhibit 12
British American Tobacco p.l.c.
12 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each ("shares") from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 11 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 110,622 |
| Highest price paid per share (pence): | 3,164.00 |
| Lowest price paid per share (pence): | 3,114.00 |
| Volume weighted average price paid per share (pence): | 3,137.1903 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,203,742,132 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 11 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume<br><br> <br>(in number of shares) | Daily weighted average<br><br> <br>price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 11/03/2025 | 50,622 | 3,136.9624 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 11/03/2025 | 11,000 | 3,137.3129 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 11/03/2025 | 49,000 | 3,137.3981 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 1363 | 3,156.00 | BATE | 08:01:03 |
| 1351 | 3,163.00 | BATE | 08:12:32 |
| 1484 | 3,161.00 | BATE | 08:31:11 |
| 1392 | 3,129.00 | BATE | 08:54:15 |
| 1512 | 3,114.00 | BATE | 09:15:01 |
| 967 | 3,123.00 | BATE | 09:40:17 |
| 339 | 3,123.00 | BATE | 09:40:17 |
| 1380 | 3,122.00 | BATE | 10:02:31 |
| 191 | 3,121.00 | BATE | 10:24:40 |
| 1384 | 3,128.00 | BATE | 10:28:12 |
| 19 | 3,132.00 | BATE | 10:50:29 |
| 1352 | 3,132.00 | BATE | 10:51:42 |
| 1350 | 3,129.00 | BATE | 11:19:15 |
| 1487 | 3,128.00 | BATE | 11:46:41 |
| 183 | 3,132.00 | BATE | 12:09:03 |
| 2 | 3,132.00 | BATE | 12:09:21 |
| 1096 | 3,132.00 | BATE | 12:09:28 |
| 206 | 3,132.00 | BATE | 12:09:28 |
| 192 | 3,131.00 | BATE | 12:40:45 |
| 183 | 3,131.00 | BATE | 12:40:52 |
| 1107 | 3,130.00 | BATE | 12:45:38 |
| 201 | 3,130.00 | BATE | 12:45:38 |
| 1238 | 3,131.00 | BATE | 13:10:32 |
| 1339 | 3,133.00 | BATE | 13:30:00 |
| 1393 | 3,139.00 | BATE | 13:45:11 |
| 1428 | 3,133.00 | BATE | 14:01:38 |
| 1266 | 3,138.00 | BATE | 14:19:05 |
| 1207 | 3,145.00 | BATE | 14:28:50 |
| 21 | 3,145.00 | BATE | 14:28:50 |
| 1415 | 3,140.00 | BATE | 14:31:50 |
| 113 | 3,142.00 | BATE | 14:38:05 |
| 78 | 3,141.00 | BATE | 14:38:27 |
| 406 | 3,141.00 | BATE | 14:38:34 |
| 812 | 3,141.00 | BATE | 14:38:34 |
| 790 | 3,135.00 | BATE | 14:44:25 |
| 79 | 3,135.00 | BATE | 14:45:02 |
| 76 | 3,135.00 | BATE | 14:45:06 |
| 132 | 3,135.00 | BATE | 14:45:06 |
| 204 | 3,135.00 | BATE | 14:45:29 |
| 718 | 3,137.00 | BATE | 14:50:04 |
| 207 | 3,137.00 | BATE | 14:50:04 |
| 460 | 3,137.00 | BATE | 14:50:04 |
| 76 | 3,134.00 | BATE | 14:57:13 |
| 124 | 3,134.00 | BATE | 14:57:13 |
| 200 | 3,134.00 | BATE | 14:57:13 |
|---|---|---|---|
| 280 | 3,134.00 | BATE | 14:57:13 |
| 15 | 3,134.00 | BATE | 14:57:16 |
| 124 | 3,134.00 | BATE | 14:57:16 |
| 200 | 3,134.00 | BATE | 14:57:16 |
| 200 | 3,134.00 | BATE | 14:57:16 |
| 100 | 3,134.00 | BATE | 14:57:16 |
| 1464 | 3,133.00 | BATE | 15:04:13 |
| 1522 | 3,135.00 | BATE | 15:13:20 |
| 1181 | 3,139.00 | BATE | 15:22:57 |
| 176 | 3,139.00 | BATE | 15:22:57 |
| 1415 | 3,137.00 | BATE | 15:32:21 |
| 1235 | 3,142.00 | BATE | 15:42:45 |
| 250 | 3,142.00 | BATE | 15:42:45 |
| 1413 | 3,147.00 | BATE | 15:51:30 |
| 48 | 3,145.00 | BATE | 15:59:16 |
| 250 | 3,145.00 | BATE | 15:59:16 |
| 250 | 3,145.00 | BATE | 15:59:16 |
| 696 | 3,145.00 | BATE | 15:59:16 |
| 250 | 3,145.00 | BATE | 15:59:16 |
| 442 | 3,146.00 | BATE | 16:08:35 |
| 584 | 3,146.00 | BATE | 16:09:09 |
| 305 | 3,146.00 | BATE | 16:09:09 |
| 930 | 3,144.00 | BATE | 16:14:49 |
| 570 | 3,144.00 | BATE | 16:14:49 |
| 326 | 3,145.00 | BATE | 16:21:21 |
| 142 | 3,145.00 | BATE | 16:21:21 |
| 167 | 3,145.00 | BATE | 16:21:21 |
| 1343 | 3,147.00 | BATE | 16:24:53 |
| 599 | 3,147.00 | BATE | 16:28:46 |
| 787 | 3,164.00 | CHIX | 08:21:15 |
| 100 | 3,164.00 | CHIX | 08:21:15 |
| 29 | 3,164.00 | CHIX | 08:21:15 |
| 975 | 3,114.00 | CHIX | 09:20:52 |
| 218 | 3,127.00 | CHIX | 10:30:48 |
| 663 | 3,127.00 | CHIX | 10:30:48 |
| 154 | 3,128.00 | CHIX | 11:46:41 |
| 828 | 3,128.00 | CHIX | 11:46:41 |
| 453 | 3,134.00 | CHIX | 13:04:46 |
| 428 | 3,134.00 | CHIX | 13:04:46 |
| 529 | 3,137.00 | CHIX | 13:58:02 |
| 325 | 3,137.00 | CHIX | 13:58:02 |
| 994 | 3,145.00 | CHIX | 14:29:54 |
| 145 | 3,136.00 | CHIX | 14:49:01 |
| 68 | 3,136.00 | CHIX | 14:49:01 |
| 89 | 3,136.00 | CHIX | 14:49:05 |
| 562 | 3,136.00 | CHIX | 14:49:15 |
| 95 | 3,136.00 | CHIX | 14:49:15 |
| 281 | 3,135.00 | CHIX | 15:13:20 |
|---|---|---|---|
| 59 | 3,135.00 | CHIX | 15:13:20 |
| 278 | 3,135.00 | CHIX | 15:13:20 |
| 262 | 3,135.00 | CHIX | 15:13:20 |
| 40 | 3,135.00 | CHIX | 15:13:20 |
| 866 | 3,138.00 | CHIX | 15:37:53 |
| 861 | 3,146.00 | CHIX | 16:03:53 |
| 70 | 3,145.00 | CHIX | 16:21:21 |
| 66 | 3,145.00 | CHIX | 16:21:21 |
| 72 | 3,145.00 | CHIX | 16:21:21 |
| 333 | 3,145.00 | CHIX | 16:21:21 |
| 370 | 3,146.00 | CHIX | 16:25:07 |
| 1157 | 3,156.00 | LSE | 08:01:03 |
| 1097 | 3,146.00 | LSE | 08:02:55 |
| 1271 | 3,161.00 | LSE | 08:14:30 |
| 1052 | 3,162.00 | LSE | 08:30:24 |
| 1124 | 3,133.00 | LSE | 08:50:13 |
| 1251 | 3,127.00 | LSE | 09:00:19 |
| 517 | 3,117.00 | LSE | 09:12:00 |
| 566 | 3,117.00 | LSE | 09:12:00 |
| 1168 | 3,121.00 | LSE | 09:35:52 |
| 1210 | 3,122.00 | LSE | 10:02:31 |
| 1065 | 3,127.00 | LSE | 10:28:12 |
| 144 | 3,128.00 | LSE | 10:38:42 |
| 1092 | 3,129.00 | LSE | 10:49:11 |
| 1279 | 3,129.00 | LSE | 11:19:15 |
| 1238 | 3,130.00 | LSE | 11:52:05 |
| 787 | 3,130.00 | LSE | 12:12:38 |
| 471 | 3,130.00 | LSE | 12:12:38 |
| 1101 | 3,134.00 | LSE | 12:51:00 |
| 1192 | 3,131.00 | LSE | 13:10:32 |
| 148 | 3,127.00 | LSE | 13:17:51 |
| 1229 | 3,133.00 | LSE | 13:30:00 |
| 1212 | 3,133.00 | LSE | 13:31:48 |
| 619 | 3,137.00 | LSE | 13:35:22 |
| 500 | 3,137.00 | LSE | 13:35:22 |
| 74 | 3,134.00 | LSE | 13:41:15 |
| 1114 | 3,140.00 | LSE | 13:43:04 |
| 78 | 3,137.00 | LSE | 13:49:18 |
| 1093 | 3,137.00 | LSE | 13:49:50 |
| 500 | 3,133.00 | LSE | 13:53:37 |
| 168 | 3,133.00 | LSE | 13:53:37 |
| 178 | 3,133.00 | LSE | 13:53:38 |
| 247 | 3,133.00 | LSE | 13:53:38 |
| 1271 | 3,137.00 | LSE | 13:58:02 |
| 170 | 3,130.00 | LSE | 14:00:58 |
| 270 | 3,134.00 | LSE | 14:02:04 |
| 371 | 3,134.00 | LSE | 14:02:18 |
| 601 | 3,134.00 | LSE | 14:02:18 |
|---|---|---|---|
| 142 | 3,135.00 | LSE | 14:10:02 |
| 962 | 3,135.00 | LSE | 14:10:02 |
| 1175 | 3,136.00 | LSE | 14:17:18 |
| 235 | 3,137.00 | LSE | 14:24:15 |
| 268 | 3,137.00 | LSE | 14:24:15 |
| 231 | 3,137.00 | LSE | 14:24:15 |
| 300 | 3,137.00 | LSE | 14:24:15 |
| 1063 | 3,139.00 | LSE | 14:33:06 |
| 882 | 3,139.00 | LSE | 14:40:21 |
| 338 | 3,139.00 | LSE | 14:40:21 |
| 1107 | 3,137.00 | LSE | 14:50:04 |
| 100 | 3,134.00 | LSE | 14:56:45 |
| 294 | 3,134.00 | LSE | 14:56:45 |
| 100 | 3,134.00 | LSE | 14:56:46 |
| 200 | 3,134.00 | LSE | 14:56:46 |
| 449 | 3,134.00 | LSE | 14:56:48 |
| 1000 | 3,133.00 | LSE | 15:03:56 |
| 275 | 3,133.00 | LSE | 15:04:12 |
| 160 | 3,130.00 | LSE | 15:07:14 |
| 1130 | 3,135.00 | LSE | 15:13:19 |
| 46 | 3,139.00 | LSE | 15:20:15 |
| 1131 | 3,139.00 | LSE | 15:20:15 |
| 90 | 3,134.00 | LSE | 15:29:08 |
| 161 | 3,134.00 | LSE | 15:29:52 |
| 179 | 3,134.00 | LSE | 15:30:03 |
| 501 | 3,134.00 | LSE | 15:30:03 |
| 301 | 3,134.00 | LSE | 15:30:03 |
| 1200 | 3,141.00 | LSE | 15:41:13 |
| 1159 | 3,145.00 | LSE | 15:47:10 |
| 1247 | 3,145.00 | LSE | 15:56:03 |
| 1311 | 3,147.00 | LSE | 16:05:04 |
| 47 | 3,144.00 | LSE | 16:12:47 |
| 1030 | 3,144.00 | LSE | 16:12:47 |
| 1088 | 3,144.00 | LSE | 16:20:21 |
| 1283 | 3,147.00 | LSE | 16:23:24 |
| 323 | 3,147.00 | LSE | 16:28:46 |
| 223 | 3,147.00 | LSE | 16:28:46 |
| 266 | 3,147.00 | LSE | 16:28:46 |
Exhibit 13
12 March 2025
British American Tobacco Announces Pricing of $2,500,000,000 Notes Offerings
British American Tobacco p.l.c. (“BAT”) today announces that B.A.T Capital Corporation (the “Issuer”), a wholly owned subsidiary of BAT, has priced an offering of $2,500,000,000 aggregate principal amount of guaranteed debt securities consisting of (1) $1,000,000,000 5.350% Notes due 2032, (2) $1,000,000,000 5.625% Notes due 2035 and (3) $500,000,000 6.250% Notes due 2055 (collectively, the “Notes”).
The Notes will be fully and unconditionally guaranteed on a senior and unsecured and joint and several basis by BAT, B.A.T. International Finance p.l.c. (“BATIF”), B.A.T. Netherlands Finance B.V. (“BATNF”) and, unless its guarantee is released in accordance with the relevant indenture, Reynolds American Inc. (“RAI”).
The issuance of the Notes is expected to close on 13 March 2025, subject to customary closing conditions.
BAT intends to use the net proceeds of the offering of the Notes for general corporate purposes, including the potential repayment of existing indebtedness.
BofA Securities, Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc. and Standard Chartered Bank are acting as joint book-running managers for the offering. BBVA Securities Inc., Commerz Markets LLC, Lloyds Securities Inc. and Mizuho Securities USA LLC are acting as bookrunners. Bank of China Limited, London Branch and SMBC Nikko Securities America, Inc. are acting as co-managers.
The offering of the Notes will be made under BAT’s existing effective shelf registration statement on file with the U.S. Securities and Exchange Commission (the “SEC”), which is available online at www.sec.gov. A preliminary prospectus supplement and an accompanying prospectus describing the terms of the offering and other information relating to the Issuer, BATIF, BAT, BATNF and RAI have been filed with the SEC. The shelf registration statement, the preliminary prospectus supplement and the accompanying prospectus may be obtained, free of charge, by contacting BofA Securities, Inc. toll-free at 1-800-294-1322, Citigroup Global Markets Inc. toll-free at 1-800-831-9146, Deutsche Bank Securities Inc. toll-free at 1-800-503-4611, Goldman Sachs & Co. LLC toll-free at 1-866-471-2526, HSBC Securities (USA) Inc. toll-free at 1-866-811-8049 and Standard Chartered Bank toll-free at +44 2078 855739.
The preliminary prospectus supplement is also available at:
424B2 (sec.gov)
The shelf registration statement is also available at:
F-3ASR (sec.gov)
This communication shall not constitute an offer to sell nor a solicitation of an offer to buy the Notes. This offering is being made only pursuant to the Form F-3 registration statement, the prospectus supplement and the accompanying prospectus and only to such persons and in such jurisdictions as is permitted under applicable law.
About BAT
BAT is a leading global multi-category consumer goods business. Underpinned by world-leading science and R&D, our purpose is to create A Better Tomorrow^™^ by Building a Smokeless World where, ultimately, cigarettes have become a thing of the past. BAT’s purpose is backed by Omni^™^, an evidence-based manifesto for change which captures its commitment and progress.
BAT’s aim is to have 50 million adult consumers of its Smokeless products by 2030 and generate 50% of its revenue from Smokeless products*^†^by 2035. BAT’s portfolio is made up of a growing range of nicotine and smokeless tobacco products which include its Vapour brand Vuse; Heated Product brand glo; and Velo, its Modern Oral (nicotine pouch) brand. BAT’s portfolio reflects our commitment to meeting the evolving and varied preferences of today’s adult consumers.
* Based on the weight of evidence and assuming a complete switch from cigarette smoking. These products are not risk free and are addictive.
^†^ Our products as sold in the US, including Vuse, Velo, Grizzly, Kodiak, and Camel Snus, are subject to Food and Drug Administration (the “FDA”) regulation and no reduced-risk claims will be made as to these products without FDA clearance.
Forward-Looking Statements
This announcement contains certain forward-looking statements, including “forward-looking” statements made within the meaning of U.S. Private Securities Litigation Reform Act 1995. These statements are often, but not always, made through the use of words or phrases such as “believe,” “anticipate,” “could,” “may,” “would,” “should,” “intend,” “plan,” “potential,” “predict,” “will,” “expect,” “estimate,” “project,” “positioned,” “strategy,” “outlook”, “target” and similar expressions. These include statements regarding our intentions, beliefs or current expectations concerning, amongst other things, the offering of the Notes.
All such forward-looking statements involve estimates and assumptions that are subject to risks, uncertainties and other factors. It is believed that the expectations reflected in this announcement are reasonable but they may be affected by a wide range of variables that could cause actual results to differ materially from those currently anticipated. The forward-looking statements should be read in conjunction with the other cautionary statements that are included in BAT’s filings with the SEC, including BAT’s 2024 Annual Report on Form 20-F and other reports furnished on Form 6-K.
The forward-looking statements in this announcement reflect knowledge and information available and BAT undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on such forward-looking statements.
Additional information concerning these and other factors can be found in BAT’s filings with the SEC, including the Annual Report on Form 20-F filed on 14 February 2025 and Current Reports on Form 6-K, which may be obtained free of charge at the SEC’s website, www.sec.gov.
PROHIBITION OF SALES TO U.K. RETAIL INVESTORS
The Notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the United Kingdom (“U.K.”). For these purposes, a “retail investor” means a person who is one (or more) of: (i) a retail client, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of U.K. domestic law by virtue of the European Union (Withdrawal) Act 2018 (as amended, the “EUWA”); (ii) a customer within the meaning of the provisions of the Financial Services and Markets Act 2000 (as amended, the “FSMA”) and any rules or regulations made under the FSMA to implement Directive (EU) 2016/97, where that customer would not qualify as a professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of U.K. domestic law by virtue of the EUWA; or (iii) not a qualified investor as defined in Article 2 of Regulation (EU) 2017/1129 as it forms part of U.K. domestic law by virtue of the EUWA and the expression an “offer” includes the communication in any form and by any means of sufficient information on the terms of the offer and the Notes to be offered so as to enable an investor to decide to purchase or subscribe for the Notes.
Consequently, no key information document required by Regulation (EU) No 1286/2014 as it forms part of U.K. domestic law by virtue of the EUWA (the “UK PRIIPs Regulation”) for offering or selling the Notes or otherwise making them available to retail investors in the U.K. has been prepared and therefore offering or selling the Notes or otherwise making them available to any retail investor in the U.K. may be unlawful under the UK PRIIPs Regulation.
PROHIBITION OF SALES TO EEA RETAIL INVESTORS
The Notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European Economic Area (“EEA”). For these purposes, a “retail investor” means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, “MiFID II”); (ii) a customer within the meaning of Directive (EU) 2016/97, where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in Regulation (EU) 2017/1129 (the “Prospectus Regulation”) and the expression “offer” includes the communication in any form and by any means of sufficient information on the terms of the offer and the Notes to be offered so as to enable an investor to decide to purchase or subscribe for the Notes.
Consequently, no key information document required by Regulation (EU) No 1286/2014 (as amended, the “PRIIPs Regulation”) for offering or selling the Notes or otherwise making them available to retail investors in the EEA has been prepared and therefore offering or selling the Notes or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation.
Enquiries:
Investor Relations
British American Tobacco Investor Relations
Victoria Buxton / Amy Chamberlain / John Harney
+44 20 7845 2012/1124/1263
ir_team@bat.com
British American Tobacco Press Office
+44 (0) 20 7845 2888 (24 hours) | @BATplc
press_office@bat.com
Exhibit 14
British American Tobacco p.l.c.
13 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each ("shares") from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 12 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 109,339 |
| Highest price paid per share (pence): | 3,186.00 |
| Lowest price paid per share (pence): | 3,152.00 |
| Volume weighted average price paid per share (pence): | 3,171.1675 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,203,633,447 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 12 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume<br><br> <br>(in number of shares) | Daily weighted average<br><br> <br>price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 12/03/2025 | 50,000 | 3,171.7000 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 12/03/2025 | 10,339 | 3,170.8513 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 12/03/2025 | 49,000 | 3,170.6908 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 1388 | 3,164.00 | BATE | 08:01:12 |
| 1432 | 3,153.00 | BATE | 08:14:22 |
| 1439 | 3,153.00 | BATE | 08:31:07 |
| 36 | 3,161.00 | BATE | 08:56:55 |
| 1453 | 3,161.00 | BATE | 08:56:55 |
| 1228 | 3,169.00 | BATE | 09:21:36 |
| 97 | 3,169.00 | BATE | 09:21:36 |
| 1286 | 3,173.00 | BATE | 09:39:19 |
| 32 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 41 | 3,182.00 | BATE | 10:00:28 |
| 1267 | 3,182.00 | BATE | 10:17:38 |
| 618 | 3,182.00 | BATE | 10:42:44 |
| 848 | 3,182.00 | BATE | 10:42:44 |
| 800 | 3,183.00 | BATE | 11:10:18 |
| 223 | 3,183.00 | BATE | 11:10:18 |
| 260 | 3,183.00 | BATE | 11:10:18 |
|---|---|---|---|
| 1469 | 3,177.00 | BATE | 11:34:02 |
| 1326 | 3,175.00 | BATE | 12:03:36 |
| 1360 | 3,172.00 | BATE | 12:26:43 |
| 30 | 3,170.00 | BATE | 12:49:38 |
| 1027 | 3,167.00 | BATE | 12:53:04 |
| 406 | 3,167.00 | BATE | 12:53:04 |
| 1243 | 3,165.00 | BATE | 13:18:19 |
| 34 | 3,165.00 | BATE | 13:18:19 |
| 450 | 3,180.00 | BATE | 13:37:24 |
| 620 | 3,180.00 | BATE | 13:37:24 |
| 418 | 3,180.00 | BATE | 13:37:29 |
| 23 | 3,182.00 | BATE | 13:54:38 |
| 1376 | 3,184.00 | BATE | 13:55:31 |
| 1499 | 3,174.00 | BATE | 14:10:53 |
| 1434 | 3,171.00 | BATE | 14:27:03 |
| 1137 | 3,171.00 | BATE | 14:30:58 |
| 107 | 3,171.00 | BATE | 14:30:58 |
| 256 | 3,176.00 | BATE | 14:36:02 |
| 154 | 3,176.00 | BATE | 14:36:02 |
| 67 | 3,176.00 | BATE | 14:36:02 |
| 919 | 3,176.00 | BATE | 14:36:02 |
| 1492 | 3,176.00 | BATE | 14:41:00 |
| 97 | 3,170.00 | BATE | 14:49:45 |
| 1298 | 3,170.00 | BATE | 14:49:51 |
| 1038 | 3,166.00 | BATE | 14:57:00 |
| 402 | 3,166.00 | BATE | 14:57:00 |
| 617 | 3,166.00 | BATE | 15:03:45 |
| 762 | 3,166.00 | BATE | 15:03:45 |
| 1 | 3,166.00 | BATE | 15:03:45 |
| 285 | 3,160.00 | BATE | 15:14:19 |
| 667 | 3,160.00 | BATE | 15:14:40 |
| 569 | 3,160.00 | BATE | 15:14:40 |
| 17 | 3,161.00 | BATE | 15:21:47 |
| 85 | 3,161.00 | BATE | 15:21:48 |
| 404 | 3,161.00 | BATE | 15:21:48 |
| 110 | 3,161.00 | BATE | 15:21:48 |
| 467 | 3,161.00 | BATE | 15:21:48 |
| 7 | 3,161.00 | BATE | 15:24:11 |
| 252 | 3,161.00 | BATE | 15:24:15 |
| 1379 | 3,163.00 | BATE | 15:30:04 |
| 1240 | 3,168.00 | BATE | 15:39:10 |
| 269 | 3,168.00 | BATE | 15:39:10 |
| 45 | 3,170.00 | BATE | 15:48:56 |
| 46 | 3,170.00 | BATE | 15:48:59 |
| 146 | 3,170.00 | BATE | 15:49:05 |
| 25 | 3,170.00 | BATE | 15:50:14 |
| 117 | 3,170.00 | BATE | 15:50:16 |
| 200 | 3,170.00 | BATE | 15:50:46 |
|---|---|---|---|
| 70 | 3,170.00 | BATE | 15:51:42 |
| 895 | 3,174.00 | BATE | 15:55:00 |
| 194 | 3,174.00 | BATE | 15:56:00 |
| 141 | 3,174.00 | BATE | 15:56:11 |
| 43 | 3,174.00 | BATE | 15:56:11 |
| 157 | 3,174.00 | BATE | 16:03:34 |
| 1199 | 3,174.00 | BATE | 16:04:08 |
| 116 | 3,174.00 | BATE | 16:04:08 |
| 1330 | 3,171.00 | BATE | 16:11:07 |
| 461 | 3,172.00 | BATE | 16:16:34 |
| 938 | 3,172.00 | BATE | 16:16:34 |
| 39 | 3,173.00 | BATE | 16:23:07 |
| 39 | 3,173.00 | BATE | 16:23:07 |
| 137 | 3,173.00 | BATE | 16:23:07 |
| 40 | 3,173.00 | BATE | 16:23:07 |
| 37 | 3,173.00 | BATE | 16:23:07 |
| 137 | 3,173.00 | BATE | 16:23:07 |
| 270 | 3,171.00 | BATE | 16:23:25 |
| 1019 | 3,171.00 | BATE | 16:23:25 |
| 709 | 3,172.00 | BATE | 16:26:50 |
| 846 | 3,153.00 | CHIX | 08:14:22 |
| 524 | 3,167.00 | CHIX | 09:13:02 |
| 367 | 3,167.00 | CHIX | 09:13:08 |
| 370 | 3,185.00 | CHIX | 10:15:09 |
| 216 | 3,185.00 | CHIX | 10:15:09 |
| 404 | 3,185.00 | CHIX | 10:15:09 |
| 909 | 3,178.00 | CHIX | 11:33:13 |
| 229 | 3,170.00 | CHIX | 12:49:35 |
| 868 | 3,169.00 | CHIX | 13:10:43 |
| 936 | 3,175.00 | CHIX | 14:00:10 |
| 778 | 3,177.00 | CHIX | 14:33:24 |
| 67 | 3,177.00 | CHIX | 14:33:24 |
| 568 | 3,170.00 | CHIX | 14:49:45 |
| 408 | 3,170.00 | CHIX | 14:49:45 |
| 247 | 3,160.00 | CHIX | 15:14:19 |
| 166 | 3,160.00 | CHIX | 15:14:19 |
| 232 | 3,160.00 | CHIX | 15:14:38 |
| 242 | 3,160.00 | CHIX | 15:14:38 |
| 994 | 3,169.00 | CHIX | 15:38:35 |
| 782 | 3,174.00 | CHIX | 16:05:31 |
| 117 | 3,174.00 | CHIX | 16:05:32 |
| 69 | 3,174.00 | CHIX | 16:05:32 |
| 1218 | 3,165.00 | LSE | 08:01:11 |
| 1245 | 3,169.00 | LSE | 08:04:52 |
| 1305 | 3,152.00 | LSE | 08:27:20 |
| 1050 | 3,160.00 | LSE | 08:43:23 |
| 1278 | 3,168.00 | LSE | 09:02:40 |
| 1055 | 3,173.00 | LSE | 09:40:03 |
|---|---|---|---|
| 1178 | 3,180.00 | LSE | 09:52:24 |
| 1168 | 3,186.00 | LSE | 10:03:59 |
| 1169 | 3,183.00 | LSE | 10:29:00 |
| 1117 | 3,182.00 | LSE | 10:42:44 |
| 1162 | 3,182.00 | LSE | 11:02:05 |
| 1206 | 3,182.00 | LSE | 11:20:10 |
| 1305 | 3,175.00 | LSE | 11:48:39 |
| 1202 | 3,174.00 | LSE | 12:14:58 |
| 1167 | 3,169.00 | LSE | 12:34:22 |
| 1297 | 3,164.00 | LSE | 12:54:18 |
| 996 | 3,170.00 | LSE | 13:13:00 |
| 150 | 3,170.00 | LSE | 13:13:00 |
| 1102 | 3,165.00 | LSE | 13:20:41 |
| 1139 | 3,169.00 | LSE | 13:29:59 |
| 50 | 3,167.00 | LSE | 13:31:03 |
| 250 | 3,167.00 | LSE | 13:31:03 |
| 250 | 3,167.00 | LSE | 13:31:03 |
| 61 | 3,167.00 | LSE | 13:31:03 |
| 100 | 3,167.00 | LSE | 13:31:03 |
| 100 | 3,167.00 | LSE | 13:31:03 |
| 244 | 3,167.00 | LSE | 13:31:03 |
| 100 | 3,167.00 | LSE | 13:31:03 |
| 1202 | 3,170.00 | LSE | 13:34:16 |
| 138 | 3,180.00 | LSE | 13:42:34 |
| 1136 | 3,181.00 | LSE | 13:43:37 |
| 766 | 3,186.00 | LSE | 13:50:00 |
| 407 | 3,186.00 | LSE | 13:50:00 |
| 1271 | 3,183.00 | LSE | 13:55:31 |
| 1244 | 3,178.00 | LSE | 14:02:26 |
| 306 | 3,174.00 | LSE | 14:10:48 |
| 777 | 3,174.00 | LSE | 14:10:53 |
| 363 | 3,172.00 | LSE | 14:20:37 |
| 85 | 3,172.00 | LSE | 14:20:38 |
| 712 | 3,172.00 | LSE | 14:20:57 |
| 1154 | 3,171.00 | LSE | 14:30:58 |
| 1268 | 3,174.00 | LSE | 14:41:56 |
| 13 | 3,174.00 | LSE | 14:41:56 |
| 752 | 3,168.00 | LSE | 14:55:09 |
| 108 | 3,168.00 | LSE | 14:55:09 |
| 222 | 3,168.00 | LSE | 14:55:09 |
| 86 | 3,166.00 | LSE | 15:02:57 |
| 1167 | 3,166.00 | LSE | 15:03:06 |
| 200 | 3,158.00 | LSE | 15:13:25 |
| 1126 | 3,160.00 | LSE | 15:14:40 |
| 509 | 3,161.00 | LSE | 15:21:48 |
| 533 | 3,161.00 | LSE | 15:21:48 |
| 74 | 3,161.00 | LSE | 15:21:48 |
| 175 | 3,161.00 | LSE | 15:28:21 |
|---|---|---|---|
| 905 | 3,161.00 | LSE | 15:28:21 |
| 1079 | 3,168.00 | LSE | 15:37:18 |
| 1086 | 3,171.00 | LSE | 15:44:59 |
| 1214 | 3,171.00 | LSE | 15:53:19 |
| 1149 | 3,175.00 | LSE | 16:00:50 |
| 395 | 3,173.00 | LSE | 16:07:10 |
| 600 | 3,173.00 | LSE | 16:07:10 |
| 79 | 3,173.00 | LSE | 16:07:10 |
| 1108 | 3,171.00 | LSE | 16:13:39 |
| 1054 | 3,168.00 | LSE | 16:19:05 |
| 255 | 3,173.00 | LSE | 16:25:10 |
| 834 | 3,173.00 | LSE | 16:25:10 |
| 784 | 3,174.00 | LSE | 16:27:28 |
Exhibit 15
13 March 2025
BRITISH AMERICAN TOBACCO p.l.c. (the “Company”)
Notice of Annual General Meeting 2025
The Company announces that it has published its Notice of Annual General Meeting 2025 (the “AGM Notice 2025”) on its website. Ahead of the Annual General Meeting 2025 (the “AGM”) to be held on 16 April 2025, the following documents are being mailed and made available to its shareholders (as applicable) today, 13 March 2025:
| 1) | Annual Report and Form 20-F 2024 (including the Strategic Report 2024) www.bat.com/annualreport |
|---|---|
| 2) | Combined Performance and Sustainability Summary 2024 www.bat.com/annualreport |
| --- | --- |
| 3) | AGM Notice 2025 www.bat.com/AGM |
| --- | --- |
| 4) | Proxy Form |
| --- | --- |
| 5) | Proxy Form - South Africa |
| --- | --- |
| 6) | Voting Instruction Form - South Africa |
| --- | --- |
Documents listed above with a hyperlink are also available on the Company’s website.
In compliance with UK Listing Rules 6.4.1 and 6.4.3, a copy of the following documents will be submitted to the Financial Conduct Authority via the National Storage Mechanism and will shortly be available for inspection via the following link: https://data.fca.org.uk/#/nsm/nationalstoragemechanism:
| - | The AGM Notice 2025; |
|---|---|
| - | The Forms of Proxy; and |
| --- | --- |
| - | The rules of British American Tobacco p.l.c. Performance Share Plan 2025. |
| --- | --- |
In compliance with JSE requirements and ahead of the AGM, the Company reports that, in the case of the South Africa Branch Register, the last day to trade is 8 April 2025 and the Record Date is 11 April 2025.
C Worlock
Assistant Secretary
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Exhibit 16
Publication of Prospectus
The following Base Prospectus has been approved by the Financial Conduct Authority and is available for viewing:
Base Prospectus dated 13 March 2025 (the “Prospectus”) relating to the £25,000,000,000 Euro Medium Term Note Programme of B.A.T. International Finance p.l.c., B.A.T Capital Corporation and B.A.T. Netherlands Finance B.V. (as Issuers) and British American Tobacco p.l.c. and each of the Issuers (except where it is the relevant Issuer) (as Guarantors).
To view the Prospectus and certain documents incorporated by reference therein, please paste the following URL into the address bar of your browser.
http://www.rns-pdf.londonstockexchange.com/rns/6200A_1-2025-3-13.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6200A_2-2025-3-13.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6200A_3-2025-3-13.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6200A_4-2025-3-13.pdf
http://www.rns-pdf.londonstockexchange.com/rns/6200A_5-2025-3-13.pdf
The full documents will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Enquiries
British American Tobacco Press Office
+44 (0) 20 7845 2888 (24 hours) | @BATplc
British American Tobacco Investor Relations
Victoria Buxton
+44 (0) 20 7845 2012 | IR_team@bat.com
British American Tobacco p.l.c.
Globe House
4 Temple Place
London WC2R 2PG
13 March 2025
DISCLAIMER – INTENDED ADDRESSEES
Please note that the information contained in the Prospectus may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Prospectus is not addressed. Prior to relying on the information contained in the Prospectus, you must ascertain from the Prospectus whether or not you are one of the intended addressees of the information contained therein.
Your right to access this service is conditional upon complying with the above requirement.
Exhibit 17
British American Tobacco p.l.c.
14 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each ("shares") from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 13 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 108,728 |
| Highest price paid per share (pence): | 3,196.00 |
| Lowest price paid per share (pence): | 3,161.00 |
| Volume weighted average price paid per share (pence): | 3,182.0095 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,203,524,719 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 13 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume<br><br> <br>(in number of shares) | Daily weighted average<br><br> <br>price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 13/03/2025 | 50,000 | 3,182.2371 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 13/03/2025 | 11,000 | 3,182.3073 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 13/03/2025 | 47,728 | 3,181.7024 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 136 | 3,161.00 | BATE | 08:01:51 |
| 1448 | 3,171.00 | BATE | 08:04:23 |
| 1338 | 3,183.00 | BATE | 08:16:44 |
| 1498 | 3,176.00 | BATE | 08:32:39 |
| 1234 | 3,182.00 | BATE | 08:58:58 |
| 452 | 3,178.00 | BATE | 09:18:11 |
| 274 | 3,185.00 | BATE | 09:24:26 |
| 467 | 3,185.00 | BATE | 09:24:26 |
| 671 | 3,185.00 | BATE | 09:25:00 |
| 1482 | 3,196.00 | BATE | 09:50:46 |
| 1323 | 3,185.00 | BATE | 10:16:08 |
| 207 | 3,181.00 | BATE | 10:45:07 |
| 68 | 3,181.00 | BATE | 10:45:15 |
| 678 | 3,181.00 | BATE | 10:45:15 |
| 26 | 3,181.00 | BATE | 10:45:15 |
| 362 | 3,181.00 | BATE | 10:45:15 |
| 212 | 3,181.00 | BATE | 11:03:06 |
| 1238 | 3,182.00 | BATE | 11:05:03 |
| 1295 | 3,176.00 | BATE | 11:33:20 |
| 96 | 3,176.00 | BATE | 11:33:20 |
| 78 | 3,173.00 | BATE | 11:58:27 |
| 46 | 3,173.00 | BATE | 11:58:28 |
| 1061 | 3,173.00 | BATE | 11:58:40 |
| 244 | 3,173.00 | BATE | 11:58:40 |
| 1057 | 3,170.00 | BATE | 12:27:49 |
| 230 | 3,170.00 | BATE | 12:27:49 |
| 168 | 3,170.00 | BATE | 12:27:49 |
| 1369 | 3,173.00 | BATE | 12:56:04 |
| 50 | 3,174.00 | BATE | 13:19:37 |
| 107 | 3,174.00 | BATE | 13:19:44 |
| 139 | 3,174.00 | BATE | 13:19:44 |
| 51 | 3,174.00 | BATE | 13:19:45 |
| 100 | 3,174.00 | BATE | 13:19:45 |
| 175 | 3,174.00 | BATE | 13:19:45 |
| 75 | 3,174.00 | BATE | 13:19:46 |
| 9 | 3,174.00 | BATE | 13:19:46 |
| 131 | 3,174.00 | BATE | 13:19:46 |
| 134 | 3,174.00 | BATE | 13:19:46 |
| 27 | 3,174.00 | BATE | 13:19:47 |
| 46 | 3,174.00 | BATE | 13:19:47 |
| 27 | 3,174.00 | BATE | 13:19:47 |
| 75 | 3,174.00 | BATE | 13:19:47 |
| 50 | 3,174.00 | BATE | 13:19:47 |
| 139 | 3,174.00 | BATE | 13:19:47 |
| 72 | 3,174.00 | BATE | 13:19:48 |
|---|---|---|---|
| 727 | 3,189.00 | BATE | 13:37:40 |
| 46 | 3,189.00 | BATE | 13:37:41 |
| 556 | 3,189.00 | BATE | 13:39:05 |
| 296 | 3,192.00 | BATE | 13:55:05 |
| 708 | 3,192.00 | BATE | 13:55:05 |
| 425 | 3,192.00 | BATE | 13:55:19 |
| 1240 | 3,191.00 | BATE | 14:12:07 |
| 74 | 3,189.00 | BATE | 14:26:04 |
| 40 | 3,189.00 | BATE | 14:26:04 |
| 1331 | 3,189.00 | BATE | 14:26:05 |
| 71 | 3,189.00 | BATE | 14:26:05 |
| 904 | 3,189.00 | BATE | 14:31:34 |
| 213 | 3,189.00 | BATE | 14:31:35 |
| 279 | 3,189.00 | BATE | 14:31:37 |
| 26 | 3,190.00 | BATE | 14:36:13 |
| 35 | 3,190.00 | BATE | 14:36:13 |
| 35 | 3,190.00 | BATE | 14:36:23 |
| 1243 | 3,189.00 | BATE | 14:36:25 |
| 792 | 3,193.00 | BATE | 14:42:14 |
| 580 | 3,193.00 | BATE | 14:42:14 |
| 1494 | 3,191.00 | BATE | 14:49:30 |
| 1438 | 3,183.00 | BATE | 14:57:04 |
| 1375 | 3,177.00 | BATE | 15:07:33 |
| 540 | 3,173.00 | BATE | 15:13:16 |
| 723 | 3,173.00 | BATE | 15:13:25 |
| 186 | 3,173.00 | BATE | 15:13:25 |
| 792 | 3,175.00 | BATE | 15:22:46 |
| 48 | 3,175.00 | BATE | 15:23:02 |
| 273 | 3,175.00 | BATE | 15:23:02 |
| 14 | 3,175.00 | BATE | 15:23:17 |
| 183 | 3,175.00 | BATE | 15:23:19 |
| 150 | 3,175.00 | BATE | 15:31:53 |
| 253 | 3,175.00 | BATE | 15:31:53 |
| 312 | 3,175.00 | BATE | 15:31:55 |
| 739 | 3,175.00 | BATE | 15:31:55 |
| 1261 | 3,177.00 | BATE | 15:42:40 |
| 1443 | 3,177.00 | BATE | 15:50:58 |
| 1309 | 3,182.00 | BATE | 16:01:53 |
| 325 | 3,183.00 | BATE | 16:07:03 |
| 1000 | 3,183.00 | BATE | 16:07:03 |
| 935 | 3,185.00 | BATE | 16:15:00 |
| 12 | 3,185.00 | BATE | 16:15:00 |
| 74 | 3,185.00 | BATE | 16:15:00 |
| 467 | 3,185.00 | BATE | 16:15:00 |
| 1299 | 3,181.00 | BATE | 16:21:22 |
| 114 | 3,184.00 | BATE | 16:25:46 |
| 28 | 3,184.00 | BATE | 16:26:14 |
| 1 | 3,184.00 | BATE | 16:26:14 |
|---|---|---|---|
| 689 | 3,184.00 | BATE | 16:26:40 |
| 125 | 3,184.00 | BATE | 16:26:40 |
| 138 | 3,184.00 | BATE | 16:26:40 |
| 202 | 3,184.00 | BATE | 16:26:40 |
| 922 | 3,179.00 | CHIX | 08:20:15 |
| 911 | 3,185.00 | CHIX | 09:24:26 |
| 925 | 3,185.00 | CHIX | 10:28:28 |
| 995 | 3,177.00 | CHIX | 11:47:40 |
| 959 | 3,176.00 | CHIX | 13:05:41 |
| 959 | 3,191.00 | CHIX | 14:02:38 |
| 1022 | 3,188.00 | CHIX | 14:33:05 |
| 124 | 3,188.00 | CHIX | 14:54:00 |
| 731 | 3,188.00 | CHIX | 14:54:00 |
| 866 | 3,177.00 | CHIX | 15:16:34 |
| 100 | 3,175.00 | CHIX | 15:42:18 |
| 100 | 3,175.00 | CHIX | 15:42:18 |
| 100 | 3,175.00 | CHIX | 15:42:18 |
| 29 | 3,175.00 | CHIX | 15:42:18 |
| 429 | 3,175.00 | CHIX | 15:42:18 |
| 5 | 3,183.00 | CHIX | 16:01:05 |
| 263 | 3,183.00 | CHIX | 16:01:09 |
| 842 | 3,183.00 | CHIX | 16:07:03 |
| 296 | 3,182.00 | CHIX | 16:22:28 |
| 422 | 3,182.00 | CHIX | 16:22:28 |
| 1133 | 3,170.00 | LSE | 08:00:30 |
| 129 | 3,170.00 | LSE | 08:00:30 |
| 1100 | 3,181.00 | LSE | 08:14:39 |
| 1138 | 3,177.00 | LSE | 08:27:59 |
| 1200 | 3,174.00 | LSE | 08:46:01 |
| 1188 | 3,180.00 | LSE | 09:03:19 |
| 1136 | 3,194.00 | LSE | 09:35:05 |
| 1200 | 3,196.00 | LSE | 09:50:46 |
| 1113 | 3,185.00 | LSE | 10:16:08 |
| 2 | 3,183.00 | LSE | 10:48:01 |
| 1210 | 3,183.00 | LSE | 10:48:02 |
| 1165 | 3,182.00 | LSE | 11:05:03 |
| 1280 | 3,175.00 | LSE | 11:27:50 |
| 1068 | 3,175.00 | LSE | 11:56:18 |
| 1233 | 3,172.00 | LSE | 12:10:13 |
| 1067 | 3,170.00 | LSE | 12:27:49 |
| 1147 | 3,170.00 | LSE | 12:44:02 |
| 1065 | 3,176.00 | LSE | 13:05:41 |
| 162 | 3,176.00 | LSE | 13:05:41 |
| 1058 | 3,177.00 | LSE | 13:27:03 |
| 1017 | 3,182.00 | LSE | 13:30:57 |
| 176 | 3,182.00 | LSE | 13:30:57 |
| 1138 | 3,189.00 | LSE | 13:33:27 |
| 364 | 3,190.00 | LSE | 13:35:15 |
|---|---|---|---|
| 47 | 3,190.00 | LSE | 13:35:16 |
| 680 | 3,190.00 | LSE | 13:35:17 |
| 1276 | 3,192.00 | LSE | 13:41:05 |
| 1284 | 3,190.00 | LSE | 13:47:06 |
| 1169 | 3,191.00 | LSE | 13:54:36 |
| 360 | 3,192.00 | LSE | 14:00:31 |
| 722 | 3,192.00 | LSE | 14:00:31 |
| 81 | 3,194.00 | LSE | 14:05:57 |
| 1202 | 3,194.00 | LSE | 14:05:57 |
| 1077 | 3,188.00 | LSE | 14:16:10 |
| 1290 | 3,189.00 | LSE | 14:26:04 |
| 364 | 3,192.00 | LSE | 14:38:35 |
| 823 | 3,192.00 | LSE | 14:38:40 |
| 1104 | 3,193.00 | LSE | 14:47:35 |
| 1218 | 3,188.00 | LSE | 14:54:00 |
| 1209 | 3,175.00 | LSE | 15:04:17 |
| 1082 | 3,174.00 | LSE | 15:12:04 |
| 1104 | 3,174.00 | LSE | 15:19:50 |
| 1229 | 3,176.00 | LSE | 15:28:04 |
| 1141 | 3,176.00 | LSE | 15:34:23 |
| 1238 | 3,176.00 | LSE | 15:42:40 |
| 1259 | 3,179.00 | LSE | 15:52:54 |
| 214 | 3,183.00 | LSE | 16:01:30 |
| 303 | 3,183.00 | LSE | 16:01:30 |
| 235 | 3,183.00 | LSE | 16:01:30 |
| 490 | 3,183.00 | LSE | 16:01:30 |
| 1215 | 3,183.00 | LSE | 16:07:03 |
| 1074 | 3,185.00 | LSE | 16:15:00 |
| 320 | 3,181.00 | LSE | 16:19:07 |
| 209 | 3,181.00 | LSE | 16:19:07 |
| 134 | 3,181.00 | LSE | 16:19:07 |
| 298 | 3,181.00 | LSE | 16:19:07 |
| 1074 | 3,184.00 | LSE | 16:24:58 |
| 986 | 3,182.00 | LSE | 16:27:01 |
Exhibit 18
British American Tobacco p.l.c. (the “Company”)
Quarterly Dividends for the year ended 31 December 2024:
Payment No. 1 – May 2025 (the “May 2025 Dividend”)
South Africa Branch Register Finalisation Information
On 13 February 2025, the Company announced that the Board had declared an interim dividend of 240.24p per ordinary share of 25p, payable in four equal quarterly instalments of 60.06p per ordinary share in May 2025, August 2025, November 2025 and February 2026.
The May 2025 Dividend will be payable on 7 May 2025 to shareholders registered on either the UK main register or the South Africa branch register on 28 March 2025 (the record date).
In accordance with the JSE Limited (“JSE”) Listing Requirements, the finalisation information for the May 2025 Dividend relating to shareholders registered on the South Africa branch register is set out in the paragraphs below.
The salient dates and other dividend declaration information announced on 13 February 2025 remain unchanged for the May 2025 Dividend.
South Africa Branch Register: Dividend Rate
The British American Tobacco Group reports in sterling, therefore dividends are declared and payable in sterling except for shareholders on the branch register in South Africa whose dividends are payable in rand. A rate of exchange of £:R=23.7081 as at 13 March 2025 (the closing rate on that date as quoted by Bloomberg), results in an equivalent May 2025 Dividend of 1423.90849 SA cents per ordinary share.
South Africa Branch Register: Dividends Tax Information
South Africa Dividends Tax (at a rate of 20%), equivalent to 284.78170 SA cents per ordinary share, will be withheld from the gross May 2025 Dividend paid to shareholders on the South Africa branch register, unless a shareholder qualifies for an exemption. After Dividends Tax has been withheld, the net dividend will be 1139.12679 cents per ordinary share. The May 2025 Dividend is regarded as a ‘foreign dividend’ for the purposes of the South Africa Dividends Tax. For the purposes of South Africa Dividends Tax reporting, the source of income for the payment of the May 2025 Dividend is the United Kingdom.
At the close of business on 13 March 2025 (the latest practicable date prior to the date of the declaration of the South African rand equivalent of the May 2025 Dividend), the Company had a total of 2,203,742,786 ordinary shares in issue (excluding treasury shares). The Company held 133,255,156 ordinary shares in treasury giving a total issued share capital of 2,336,997,942 ordinary shares.
British American Tobacco p.l.c. is registered with the South African Revenue Service (SARS) with tax reference number 9378193172.
For the avoidance of doubt, Dividends Tax and the information provided above is of only direct application to shareholders on the South Africa branch register. Shareholders on the South Africa branch register should direct any questions regarding the application of Dividends Tax to Computershare Investor Services Proprietary Limited, contact details for which are given below:
Computershare Investor Services Proprietary Limited
Private Bag, X9000, Saxonwold, 2132
tel: 0861 100 634; +27 11 870 8216
email enquiries: web.queries@computershare.co.za
Name of duly authorised officer of issuer responsible for making notification:
Christopher Worlock
Assistant Secretary
British American Tobacco p.l.c.
17 March 2025
Enquiries:
British American Tobacco Media Centre
+44 (0)20 7845 2888 (24 hours) │@BATPlc
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Exhibit 19
British American Tobacco p.l.c.
17 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each ("shares") from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 14 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 109,000 |
| Highest price paid per share (pence): | 3,185.00 |
| Lowest price paid per share (pence): | 3,157.00 |
| Volume weighted average price paid per share (pence): | 3,169.3327 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,203,415,719 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 14 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume (in number of shares) | Daily weighted average price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 14/03/2025 | 48,000 | 3,169.0098 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 14/03/2025 | 11,000 | 3,170.0634 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 14/03/2025 | 50,000 | 3,169.4820 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> purchased | Transaction price<br><br> (per share) | Market | Time of transaction |
|---|---|---|---|
| 1331 | 3,185.00 | BATE | 08:00:26 |
| 1324 | 3,182.00 | BATE | 08:12:08 |
| 136 | 3,182.00 | BATE | 08:12:08 |
| 1514 | 3,185.00 | BATE | 08:30:15 |
| 1099 | 3,181.00 | BATE | 08:54:42 |
| 159 | 3,181.00 | BATE | 08:54:42 |
| 1273 | 3,175.00 | BATE | 09:13:35 |
| 185 | 3,175.00 | BATE | 09:13:35 |
| 584 | 3,168.00 | BATE | 09:36:35 |
| 467 | 3,168.00 | BATE | 09:36:37 |
| 131 | 3,168.00 | BATE | 09:36:37 |
| 137 | 3,168.00 | BATE | 09:36:56 |
| 881 | 3,168.00 | BATE | 10:05:21 |
| 467 | 3,168.00 | BATE | 10:05:21 |
| 982 | 3,170.00 | BATE | 10:18:26 |
| 467 | 3,170.00 | BATE | 10:18:26 |
| 595 | 3,171.00 | BATE | 10:44:56 |
| 6 | 3,171.00 | BATE | 10:44:57 |
| 161 | 3,171.00 | BATE | 10:44:57 |
| 464 | 3,171.00 | BATE | 10:45:23 |
| 279 | 3,171.00 | BATE | 10:45:23 |
| 1442 | 3,162.00 | BATE | 11:08:07 |
| 295 | 3,167.00 | BATE | 11:37:05 |
| 322 | 3,167.00 | BATE | 11:37:06 |
| 743 | 3,167.00 | BATE | 11:37:19 |
| 1514 | 3,163.00 | BATE | 12:00:11 |
| 29 | 3,164.00 | BATE | 12:28:26 |
| 31 | 3,164.00 | BATE | 12:28:26 |
| 31 | 3,164.00 | BATE | 12:28:26 |
| 29 | 3,164.00 | BATE | 12:29:26 |
| 31 | 3,164.00 | BATE | 12:29:26 |
| 33 | 3,164.00 | BATE | 12:29:26 |
| 1489 | 3,164.00 | BATE | 12:31:42 |
| 2 | 3,162.00 | BATE | 13:01:05 |
| 240 | 3,162.00 | BATE | 13:01:05 |
| 404 | 3,162.00 | BATE | 13:01:33 |
| 37 | 3,162.00 | BATE | 13:01:36 |
| 35 | 3,162.00 | BATE | 13:01:38 |
| 214 | 3,162.00 | BATE | 13:01:38 |
| 214 | 3,162.00 | BATE | 13:01:47 |
| 99 | 3,162.00 | BATE | 13:01:57 |
| 16 | 3,162.00 | BATE | 13:01:57 |
| 24 | 3,162.00 | BATE | 13:22:36 |
| 636 | 3,162.00 | BATE | 13:22:36 |
|---|---|---|---|
| 33 | 3,162.00 | BATE | 13:22:55 |
| 28 | 3,162.00 | BATE | 13:22:55 |
| 392 | 3,162.00 | BATE | 13:22:55 |
| 181 | 3,162.00 | BATE | 13:23:39 |
| 1262 | 3,161.00 | BATE | 13:39:27 |
| 1491 | 3,169.00 | BATE | 13:54:51 |
| 1256 | 3,172.00 | BATE | 14:10:50 |
| 159 | 3,171.00 | BATE | 14:24:38 |
| 1144 | 3,171.00 | BATE | 14:24:38 |
| 1228 | 3,171.00 | BATE | 14:32:15 |
| 1348 | 3,171.00 | BATE | 14:34:51 |
| 475 | 3,167.00 | BATE | 14:38:34 |
| 1026 | 3,167.00 | BATE | 14:38:34 |
| 434 | 3,163.00 | BATE | 14:47:48 |
| 208 | 3,163.00 | BATE | 14:47:48 |
| 639 | 3,163.00 | BATE | 14:47:48 |
| 1363 | 3,170.00 | BATE | 14:53:54 |
| 490 | 3,169.00 | BATE | 15:00:09 |
| 979 | 3,169.00 | BATE | 15:00:09 |
| 475 | 3,164.00 | BATE | 15:07:42 |
| 784 | 3,164.00 | BATE | 15:07:42 |
| 1477 | 3,165.00 | BATE | 15:16:03 |
| 1311 | 3,164.00 | BATE | 15:23:47 |
| 1232 | 3,166.00 | BATE | 15:34:14 |
| 1241 | 3,167.00 | BATE | 15:42:17 |
| 663 | 3,170.00 | BATE | 15:51:10 |
| 1295 | 3,171.00 | BATE | 15:54:11 |
| 1481 | 3,170.00 | BATE | 16:01:14 |
| 594 | 3,170.00 | BATE | 16:08:46 |
| 385 | 3,170.00 | BATE | 16:08:46 |
| 527 | 3,170.00 | BATE | 16:08:46 |
| 33 | 3,173.00 | BATE | 16:15:40 |
| 32 | 3,173.00 | BATE | 16:15:40 |
| 31 | 3,173.00 | BATE | 16:15:40 |
| 408 | 3,173.00 | BATE | 16:15:40 |
| 812 | 3,171.00 | BATE | 16:18:22 |
| 435 | 3,171.00 | BATE | 16:18:22 |
| 91 | 3,171.00 | BATE | 16:23:34 |
| 1217 | 3,171.00 | BATE | 16:23:34 |
| 788 | 3,171.00 | BATE | 16:27:26 |
| 934 | 3,183.00 | CHIX | 08:21:08 |
| 773 | 3,173.00 | CHIX | 09:26:11 |
| 50 | 3,173.00 | CHIX | 09:26:11 |
| 176 | 3,173.00 | CHIX | 09:26:11 |
| 703 | 3,169.00 | CHIX | 10:37:29 |
| 33 | 3,169.00 | CHIX | 10:37:29 |
| 167 | 3,169.00 | CHIX | 10:37:29 |
| 658 | 3,165.00 | CHIX | 11:52:26 |
|---|---|---|---|
| 236 | 3,165.00 | CHIX | 11:52:26 |
| 868 | 3,163.00 | CHIX | 13:03:15 |
| 136 | 3,163.00 | CHIX | 13:03:15 |
| 952 | 3,173.00 | CHIX | 14:04:06 |
| 1012 | 3,171.00 | CHIX | 14:34:51 |
| 893 | 3,170.00 | CHIX | 14:55:38 |
| 982 | 3,165.00 | CHIX | 15:16:03 |
| 828 | 3,168.00 | CHIX | 15:45:40 |
| 942 | 3,170.00 | CHIX | 16:08:46 |
| 657 | 3,171.00 | CHIX | 16:22:41 |
| 1251 | 3,185.00 | LSE | 08:00:26 |
| 928 | 3,185.00 | LSE | 08:18:43 |
| 141 | 3,185.00 | LSE | 08:18:43 |
| 41 | 3,181.00 | LSE | 08:39:55 |
| 1056 | 3,181.00 | LSE | 08:39:55 |
| 1160 | 3,179.00 | LSE | 09:03:08 |
| 1235 | 3,166.00 | LSE | 09:45:02 |
| 1198 | 3,168.00 | LSE | 10:09:18 |
| 1020 | 3,171.00 | LSE | 10:32:40 |
| 1205 | 3,170.00 | LSE | 10:54:22 |
| 1052 | 3,165.00 | LSE | 11:13:38 |
| 1090 | 3,166.00 | LSE | 11:34:35 |
| 1161 | 3,164.00 | LSE | 11:54:06 |
| 919 | 3,160.00 | LSE | 12:10:37 |
| 208 | 3,160.00 | LSE | 12:10:37 |
| 1123 | 3,165.00 | LSE | 12:24:03 |
| 1231 | 3,164.00 | LSE | 12:41:05 |
| 804 | 3,165.00 | LSE | 13:07:04 |
| 330 | 3,165.00 | LSE | 13:07:04 |
| 871 | 3,157.00 | LSE | 13:29:48 |
| 342 | 3,157.00 | LSE | 13:29:48 |
| 96 | 3,161.00 | LSE | 13:31:35 |
| 950 | 3,161.00 | LSE | 13:31:35 |
| 1033 | 3,165.00 | LSE | 13:34:50 |
| 1120 | 3,168.00 | LSE | 13:44:48 |
| 35 | 3,168.00 | LSE | 13:44:48 |
| 64 | 3,170.00 | LSE | 13:47:30 |
| 1138 | 3,170.00 | LSE | 13:47:30 |
| 1208 | 3,169.00 | LSE | 13:56:49 |
| 1197 | 3,170.00 | LSE | 14:02:01 |
| 1247 | 3,174.00 | LSE | 14:08:56 |
| 1038 | 3,170.00 | LSE | 14:17:13 |
| 1084 | 3,170.00 | LSE | 14:23:58 |
| 1255 | 3,171.00 | LSE | 14:32:15 |
| 1081 | 3,166.00 | LSE | 14:40:42 |
| 1162 | 3,163.00 | LSE | 14:47:48 |
| 1048 | 3,170.00 | LSE | 14:55:38 |
| 1202 | 3,171.00 | LSE | 15:01:50 |
|---|---|---|---|
| 1244 | 3,167.00 | LSE | 15:10:14 |
| 860 | 3,166.00 | LSE | 15:17:43 |
| 181 | 3,166.00 | LSE | 15:17:43 |
| 1022 | 3,163.00 | LSE | 15:25:03 |
| 1155 | 3,166.00 | LSE | 15:34:14 |
| 1243 | 3,167.00 | LSE | 15:42:17 |
| 1185 | 3,171.00 | LSE | 15:54:11 |
| 1202 | 3,170.00 | LSE | 16:01:14 |
| 763 | 3,170.00 | LSE | 16:08:46 |
| 294 | 3,170.00 | LSE | 16:08:46 |
| 1040 | 3,176.00 | LSE | 16:11:52 |
| 1078 | 3,171.00 | LSE | 16:18:01 |
| 1053 | 3,171.00 | LSE | 16:22:34 |
| 457 | 3,171.00 | LSE | 16:27:26 |
| 269 | 3,171.00 | LSE | 16:27:26 |
| 630 | 3,170.00 | LSE | 16:27:53 |
Exhibit 20
British American Tobacco p.l.c.
18 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the “Company”) announces that in accordance with the authority granted by shareholders at the Company’s Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each (“shares”) from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 17 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 103,653 |
| Highest price paid per share (pence): | 3,192.00 |
| Lowest price paid per share (pence): | 3,165.00 |
| Volume weighted average price paid per share (pence): | 3,180.3170 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,203,312,066 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA’s Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 17 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume (in number of shares) | Daily weighted average price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 17/03/2025 | 45,212 | 3,180.2390 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 17/03/2025 | 10,541 | 3,180.0035 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 17/03/2025 | 47,900 | 3,180.4597 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 20 | 3,170.00 | BATE | 08:00:20 |
| 1259 | 3,170.00 | BATE | 08:00:20 |
| 1503 | 3,179.00 | BATE | 08:11:17 |
| 1302 | 3,168.00 | BATE | 08:30:16 |
| 159 | 3,168.00 | BATE | 08:30:16 |
| 1272 | 3,173.00 | BATE | 08:54:33 |
| 807 | 3,180.00 | BATE | 09:08:56 |
| 198 | 3,180.00 | BATE | 09:08:56 |
| 318 | 3,180.00 | BATE | 09:08:56 |
| 945 | 3,184.00 | BATE | 09:32:22 |
| 410 | 3,184.00 | BATE | 09:32:22 |
| 408 | 3,176.00 | BATE | 09:58:04 |
| 159 | 3,176.00 | BATE | 10:00:41 |
| 282 | 3,176.00 | BATE | 10:00:48 |
| 598 | 3,176.00 | BATE | 10:00:48 |
| 532 | 3,179.00 | BATE | 10:16:22 |
| 876 | 3,179.00 | BATE | 10:16:33 |
| 32 | 3,175.00 | BATE | 10:42:22 |
| 114 | 3,175.00 | BATE | 10:42:22 |
| 11 | 3,175.00 | BATE | 10:42:22 |
| 1261 | 3,174.00 | BATE | 10:43:25 |
| 1439 | 3,170.00 | BATE | 11:06:09 |
| 943 | 3,169.00 | BATE | 11:33:51 |
| 561 | 3,169.00 | BATE | 11:33:51 |
| 31 | 3,166.00 | BATE | 12:01:22 |
| 31 | 3,166.00 | BATE | 12:01:22 |
| 126 | 3,166.00 | BATE | 12:01:22 |
| 29 | 3,166.00 | BATE | 12:01:22 |
| 888 | 3,167.00 | BATE | 12:07:45 |
| 1520 | 3,168.00 | BATE | 12:20:01 |
| 572 | 3,168.00 | BATE | 12:49:50 |
| 500 | 3,168.00 | BATE | 12:50:42 |
| 242 | 3,168.00 | BATE | 12:55:53 |
| 154 | 3,168.00 | BATE | 12:57:18 |
| 322 | 3,173.00 | BATE | 13:16:44 |
| 501 | 3,173.00 | BATE | 13:17:50 |
| 469 | 3,173.00 | BATE | 13:17:50 |
| 1328 | 3,182.00 | BATE | 13:32:55 |
| 946 | 3,187.00 | BATE | 13:50:22 |
| 460 | 3,187.00 | BATE | 13:50:28 |
| 1472 | 3,184.00 | BATE | 14:05:17 |
| 244 | 3,187.00 | BATE | 14:23:10 |
| 583 | 3,187.00 | BATE | 14:23:33 |
| 639 | 3,187.00 | BATE | 14:23:33 |
| 975 | 3,188.00 | BATE | 14:32:20 |
|---|---|---|---|
| 414 | 3,188.00 | BATE | 14:32:20 |
| 1388 | 3,186.00 | BATE | 14:32:53 |
| 6 | 3,188.00 | BATE | 14:38:12 |
| 1522 | 3,187.00 | BATE | 14:40:39 |
| 246 | 3,187.00 | BATE | 14:46:49 |
| 143 | 3,187.00 | BATE | 14:46:50 |
| 1136 | 3,187.00 | BATE | 14:47:01 |
| 1487 | 3,187.00 | BATE | 14:57:05 |
| 1467 | 3,182.00 | BATE | 15:02:01 |
| 869 | 3,182.00 | BATE | 15:11:35 |
| 639 | 3,182.00 | BATE | 15:11:35 |
| 1336 | 3,189.00 | BATE | 15:21:16 |
| 148 | 3,188.00 | BATE | 15:26:21 |
| 148 | 3,188.00 | BATE | 15:29:16 |
| 148 | 3,188.00 | BATE | 15:29:16 |
| 1307 | 3,187.00 | BATE | 15:30:03 |
| 1264 | 3,184.00 | BATE | 15:38:38 |
| 1275 | 3,185.00 | BATE | 15:50:24 |
| 1064 | 3,186.00 | BATE | 15:56:51 |
| 21 | 3,186.00 | BATE | 15:56:51 |
| 4 | 3,186.00 | BATE | 15:56:51 |
| 156 | 3,186.00 | BATE | 15:56:51 |
| 219 | 3,187.00 | BATE | 16:01:10 |
| 35 | 3,187.00 | BATE | 16:02:10 |
| 35 | 3,187.00 | BATE | 16:02:10 |
| 283 | 3,187.00 | BATE | 16:02:10 |
| 33 | 3,187.00 | BATE | 16:02:10 |
| 219 | 3,188.00 | BATE | 16:06:35 |
| 35 | 3,188.00 | BATE | 16:06:35 |
| 538 | 3,187.00 | BATE | 16:07:05 |
| 889 | 3,187.00 | BATE | 16:07:05 |
| 33 | 3,187.00 | BATE | 16:13:23 |
| 107 | 3,187.00 | BATE | 16:13:23 |
| 157 | 3,187.00 | BATE | 16:13:23 |
| 30 | 3,190.00 | BATE | 16:16:53 |
| 30 | 3,190.00 | BATE | 16:16:53 |
| 34 | 3,190.00 | BATE | 16:16:53 |
| 219 | 3,190.00 | BATE | 16:16:53 |
| 1375 | 3,189.00 | BATE | 16:17:41 |
| 981 | 3,174.00 | CHIX | 08:20:10 |
| 1019 | 3,182.00 | CHIX | 09:27:03 |
| 873 | 3,174.00 | CHIX | 10:43:25 |
| 58 | 3,165.00 | CHIX | 11:55:51 |
| 57 | 3,165.00 | CHIX | 11:55:51 |
| 278 | 3,165.00 | CHIX | 11:55:51 |
| 105 | 3,165.00 | CHIX | 11:55:51 |
| 94 | 3,165.00 | CHIX | 11:55:51 |
| 54 | 3,165.00 | CHIX | 11:55:51 |
|---|---|---|---|
| 97 | 3,165.00 | CHIX | 11:55:51 |
| 68 | 3,168.00 | CHIX | 12:55:53 |
| 464 | 3,168.00 | CHIX | 12:55:53 |
| 39 | 3,168.00 | CHIX | 12:55:53 |
| 383 | 3,168.00 | CHIX | 12:57:16 |
| 16 | 3,168.00 | CHIX | 12:57:18 |
| 99 | 3,183.00 | CHIX | 13:56:15 |
| 100 | 3,183.00 | CHIX | 13:56:15 |
| 199 | 3,183.00 | CHIX | 13:56:15 |
| 5 | 3,183.00 | CHIX | 13:56:15 |
| 200 | 3,183.00 | CHIX | 13:56:17 |
| 96 | 3,183.00 | CHIX | 13:57:14 |
| 308 | 3,183.00 | CHIX | 13:57:45 |
| 886 | 3,188.00 | CHIX | 14:31:41 |
| 260 | 3,186.00 | CHIX | 14:49:30 |
| 116 | 3,188.00 | CHIX | 14:56:21 |
| 54 | 3,188.00 | CHIX | 14:56:21 |
| 59 | 3,188.00 | CHIX | 14:56:21 |
| 57 | 3,188.00 | CHIX | 14:56:21 |
| 161 | 3,188.00 | CHIX | 14:56:21 |
| 97 | 3,188.00 | CHIX | 14:56:21 |
| 929 | 3,179.00 | CHIX | 15:08:12 |
| 410 | 3,187.00 | CHIX | 15:32:42 |
| 229 | 3,187.00 | CHIX | 15:32:42 |
| 882 | 3,186.00 | CHIX | 15:52:46 |
| 529 | 3,187.00 | CHIX | 16:14:10 |
| 279 | 3,192.00 | CHIX | 16:22:02 |
| 1176 | 3,169.00 | LSE | 08:00:20 |
| 1095 | 3,181.00 | LSE | 08:13:41 |
| 1235 | 3,170.00 | LSE | 08:33:25 |
| 98 | 3,174.00 | LSE | 08:59:17 |
| 982 | 3,174.00 | LSE | 09:00:39 |
| 1078 | 3,182.00 | LSE | 09:25:00 |
| 1194 | 3,183.00 | LSE | 09:33:01 |
| 1043 | 3,177.00 | LSE | 09:57:18 |
| 1061 | 3,177.00 | LSE | 10:19:13 |
| 259 | 3,173.00 | LSE | 10:52:35 |
| 952 | 3,173.00 | LSE | 10:52:39 |
| 1158 | 3,168.00 | LSE | 11:25:12 |
| 1160 | 3,165.00 | LSE | 11:46:14 |
| 188 | 3,167.00 | LSE | 12:09:12 |
| 613 | 3,167.00 | LSE | 12:09:12 |
| 1100 | 3,168.00 | LSE | 12:19:53 |
| 316 | 3,168.00 | LSE | 12:50:42 |
| 954 | 3,168.00 | LSE | 12:50:42 |
| 582 | 3,172.00 | LSE | 13:14:29 |
| 125 | 3,172.00 | LSE | 13:14:29 |
| 1246 | 3,174.00 | LSE | 13:24:01 |
|---|---|---|---|
| 1266 | 3,180.00 | LSE | 13:30:48 |
| 1158 | 3,182.00 | LSE | 13:33:57 |
| 1058 | 3,181.00 | LSE | 13:39:54 |
| 163 | 3,181.00 | LSE | 13:39:54 |
| 1205 | 3,181.00 | LSE | 13:45:03 |
| 433 | 3,187.00 | LSE | 13:53:33 |
| 744 | 3,187.00 | LSE | 13:53:33 |
| 53 | 3,183.00 | LSE | 13:58:48 |
| 1066 | 3,183.00 | LSE | 13:58:48 |
| 1098 | 3,183.00 | LSE | 14:06:50 |
| 1234 | 3,189.00 | LSE | 14:11:43 |
| 1084 | 3,187.00 | LSE | 14:23:10 |
| 1154 | 3,188.00 | LSE | 14:32:15 |
| 425 | 3,187.00 | LSE | 14:40:06 |
| 179 | 3,187.00 | LSE | 14:40:39 |
| 585 | 3,187.00 | LSE | 14:40:39 |
| 1159 | 3,187.00 | LSE | 14:46:49 |
| 150 | 3,187.00 | LSE | 14:57:02 |
| 232 | 3,187.00 | LSE | 14:57:05 |
| 712 | 3,187.00 | LSE | 14:57:05 |
| 120 | 3,182.00 | LSE | 15:02:01 |
| 972 | 3,182.00 | LSE | 15:02:01 |
| 1047 | 3,179.00 | LSE | 15:08:12 |
| 1258 | 3,181.00 | LSE | 15:16:38 |
| 1246 | 3,187.00 | LSE | 15:24:41 |
| 1040 | 3,186.00 | LSE | 15:33:18 |
| 1117 | 3,185.00 | LSE | 15:42:50 |
| 1212 | 3,185.00 | LSE | 15:50:24 |
| 1150 | 3,187.00 | LSE | 15:57:41 |
| 51 | 3,188.00 | LSE | 16:06:35 |
| 2 | 3,188.00 | LSE | 16:06:35 |
| 1040 | 3,188.00 | LSE | 16:06:35 |
| 1098 | 3,186.00 | LSE | 16:10:19 |
| 1086 | 3,189.00 | LSE | 16:17:41 |
Exhibit 21
British American Tobacco p.l.c.
19 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the “Company”) announces that in accordance with the authority granted by shareholders at the Company’s Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each (“shares”) from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 18 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 109,000 |
| Highest price paid per share (pence): | 3,201.00 |
| Lowest price paid per share (pence): | 3,144.00 |
| Volume weighted average price paid per share (pence): | 3,170.7622 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,203,203,066 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA’s Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 18 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume (in number of shares) | Daily weighted average price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 18/03/2025 | 47,000 | 3,170.7408 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 18/03/2025 | 12,000 | 3,170.7245 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 18/03/2025 | 50,000 | 3,170.7915 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 1138 | 3,201.00 | BATE | 08:01:18 |
| 107 | 3,201.00 | BATE | 08:01:18 |
| 1359 | 3,194.00 | BATE | 08:11:09 |
| 1529 | 3,171.00 | BATE | 08:27:46 |
| 909 | 3,161.00 | BATE | 08:52:57 |
| 475 | 3,161.00 | BATE | 08:52:57 |
| 1524 | 3,166.00 | BATE | 09:12:12 |
| 1295 | 3,170.00 | BATE | 09:36:18 |
| 310 | 3,166.00 | BATE | 09:58:27 |
| 1379 | 3,168.00 | BATE | 10:05:04 |
| 1261 | 3,165.00 | BATE | 10:23:57 |
| 248 | 3,165.00 | BATE | 10:23:57 |
| 1454 | 3,164.00 | BATE | 10:51:57 |
| 788 | 3,151.00 | BATE | 11:15:27 |
| 469 | 3,151.00 | BATE | 11:15:27 |
| 1473 | 3,150.00 | BATE | 11:42:28 |
| 1348 | 3,144.00 | BATE | 12:05:04 |
| 880 | 3,149.00 | BATE | 12:32:58 |
| 469 | 3,149.00 | BATE | 12:32:58 |
| 1307 | 3,154.00 | BATE | 12:55:31 |
| 136 | 3,154.00 | BATE | 12:55:31 |
| 909 | 3,161.00 | BATE | 13:25:35 |
| 427 | 3,161.00 | BATE | 13:25:35 |
| 69 | 3,161.00 | BATE | 13:25:35 |
| 1292 | 3,175.00 | BATE | 13:39:23 |
| 520 | 3,181.00 | BATE | 13:58:56 |
| 724 | 3,181.00 | BATE | 13:58:56 |
| 1308 | 3,184.00 | BATE | 14:10:23 |
| 1075 | 3,177.00 | BATE | 14:24:49 |
| 241 | 3,177.00 | BATE | 14:24:49 |
| 93 | 3,173.00 | BATE | 14:29:40 |
| 1331 | 3,177.00 | BATE | 14:32:24 |
| 192 | 3,177.00 | BATE | 14:32:24 |
| 1282 | 3,176.00 | BATE | 14:35:35 |
| 535 | 3,182.00 | BATE | 14:42:41 |
| 692 | 3,182.00 | BATE | 14:42:41 |
| 39 | 3,181.00 | BATE | 14:47:11 |
| 2 | 3,181.00 | BATE | 14:47:11 |
| 1 | 3,181.00 | BATE | 14:47:11 |
| 540 | 3,181.00 | BATE | 14:47:11 |
| 639 | 3,181.00 | BATE | 14:47:11 |
| 13 | 3,181.00 | BATE | 14:47:11 |
| 280 | 3,177.00 | BATE | 14:52:59 |
| 811 | 3,177.00 | BATE | 14:53:30 |
| 279 | 3,177.00 | BATE | 14:53:30 |
|---|---|---|---|
| 636 | 3,177.00 | BATE | 14:59:23 |
| 202 | 3,177.00 | BATE | 14:59:27 |
| 407 | 3,177.00 | BATE | 14:59:27 |
| 1398 | 3,184.00 | BATE | 15:08:08 |
| 1253 | 3,183.00 | BATE | 15:15:50 |
| 1286 | 3,180.00 | BATE | 15:22:35 |
| 1264 | 3,171.00 | BATE | 15:30:05 |
| 995 | 3,167.00 | BATE | 15:38:30 |
| 231 | 3,167.00 | BATE | 15:38:30 |
| 1382 | 3,172.00 | BATE | 15:47:25 |
| 61 | 3,172.00 | BATE | 15:47:25 |
| 702 | 3,169.00 | BATE | 15:55:30 |
| 344 | 3,169.00 | BATE | 15:55:45 |
| 242 | 3,169.00 | BATE | 15:56:00 |
| 1314 | 3,171.00 | BATE | 16:03:18 |
| 1335 | 3,170.00 | BATE | 16:11:15 |
| 1156 | 3,170.00 | BATE | 16:16:56 |
| 189 | 3,170.00 | BATE | 16:16:59 |
| 1447 | 3,170.00 | BATE | 16:21:37 |
| 883 | 3,166.00 | BATE | 16:27:10 |
| 121 | 3,166.00 | BATE | 16:27:10 |
| 976 | 3,188.00 | CHIX | 08:18:30 |
| 12 | 3,188.00 | CHIX | 08:18:30 |
| 1019 | 3,169.00 | CHIX | 09:20:41 |
| 613 | 3,165.00 | CHIX | 10:23:57 |
| 25 | 3,165.00 | CHIX | 10:23:57 |
| 2 | 3,165.00 | CHIX | 10:23:57 |
| 281 | 3,165.00 | CHIX | 10:23:57 |
| 921 | 3,149.00 | CHIX | 11:34:30 |
| 423 | 3,151.00 | CHIX | 12:44:08 |
| 583 | 3,151.00 | CHIX | 12:44:08 |
| 1019 | 3,181.00 | CHIX | 13:47:07 |
| 896 | 3,174.00 | CHIX | 14:29:37 |
| 939 | 3,182.00 | CHIX | 14:42:41 |
| 123 | 3,177.00 | CHIX | 15:03:26 |
| 932 | 3,177.00 | CHIX | 15:03:26 |
| 554 | 3,172.00 | CHIX | 15:27:40 |
| 368 | 3,172.00 | CHIX | 15:27:40 |
| 635 | 3,169.00 | CHIX | 15:53:59 |
| 6 | 3,169.00 | CHIX | 15:54:00 |
| 18 | 3,169.00 | CHIX | 15:54:01 |
| 63 | 3,169.00 | CHIX | 15:54:01 |
| 93 | 3,169.00 | CHIX | 15:54:03 |
| 89 | 3,169.00 | CHIX | 15:55:30 |
| 603 | 3,171.00 | CHIX | 16:14:17 |
| 807 | 3,170.00 | CHIX | 16:21:37 |
| 1122 | 3,201.00 | LSE | 08:01:18 |
| 46 | 3,201.00 | LSE | 08:01:18 |
|---|---|---|---|
| 1082 | 3,201.00 | LSE | 08:02:00 |
| 1152 | 3,184.00 | LSE | 08:21:19 |
| 952 | 3,157.00 | LSE | 08:36:09 |
| 150 | 3,157.00 | LSE | 08:36:09 |
| 125 | 3,157.00 | LSE | 08:36:09 |
| 1114 | 3,161.00 | LSE | 08:58:58 |
| 28 | 3,161.00 | LSE | 08:58:58 |
| 1145 | 3,167.00 | LSE | 09:24:18 |
| 314 | 3,164.00 | LSE | 09:54:35 |
| 382 | 3,164.00 | LSE | 09:54:36 |
| 46 | 3,164.00 | LSE | 09:54:41 |
| 276 | 3,164.00 | LSE | 09:54:41 |
| 204 | 3,164.00 | LSE | 09:54:44 |
| 941 | 3,170.00 | LSE | 10:15:56 |
| 279 | 3,170.00 | LSE | 10:15:56 |
| 231 | 3,162.00 | LSE | 10:42:02 |
| 944 | 3,162.00 | LSE | 10:42:02 |
| 1059 | 3,159.00 | LSE | 11:07:37 |
| 1056 | 3,154.00 | LSE | 11:29:09 |
| 386 | 3,148.00 | LSE | 11:49:57 |
| 648 | 3,148.00 | LSE | 11:50:01 |
| 678 | 3,144.00 | LSE | 12:05:04 |
| 350 | 3,144.00 | LSE | 12:05:04 |
| 1150 | 3,148.00 | LSE | 12:24:21 |
| 1129 | 3,151.00 | LSE | 12:44:08 |
| 256 | 3,155.00 | LSE | 13:02:36 |
| 939 | 3,155.00 | LSE | 13:02:36 |
| 1227 | 3,169.00 | LSE | 13:30:27 |
| 1055 | 3,170.00 | LSE | 13:31:08 |
| 1150 | 3,175.00 | LSE | 13:34:16 |
| 1179 | 3,171.00 | LSE | 13:38:32 |
| 1135 | 3,178.00 | LSE | 13:45:15 |
| 1126 | 3,178.00 | LSE | 13:50:17 |
| 1047 | 3,181.00 | LSE | 13:58:56 |
| 601 | 3,177.00 | LSE | 14:05:58 |
| 603 | 3,177.00 | LSE | 14:05:58 |
| 6 | 3,177.00 | LSE | 14:05:58 |
| 1051 | 3,183.00 | LSE | 14:16:04 |
| 1089 | 3,176.00 | LSE | 14:22:38 |
| 1185 | 3,177.00 | LSE | 14:32:24 |
| 1246 | 3,182.00 | LSE | 14:42:41 |
| 892 | 3,178.00 | LSE | 14:51:32 |
| 183 | 3,178.00 | LSE | 14:51:32 |
| 1253 | 3,177.00 | LSE | 14:58:52 |
| 1266 | 3,184.00 | LSE | 15:08:08 |
| 660 | 3,183.00 | LSE | 15:16:55 |
| 529 | 3,183.00 | LSE | 15:16:55 |
| 1243 | 3,176.00 | LSE | 15:25:56 |
|---|---|---|---|
| 1228 | 3,168.00 | LSE | 15:35:33 |
| 1068 | 3,172.00 | LSE | 15:47:25 |
| 1067 | 3,169.00 | LSE | 15:55:30 |
| 1141 | 3,169.00 | LSE | 16:00:54 |
| 1180 | 3,170.00 | LSE | 16:09:50 |
| 1039 | 3,170.00 | LSE | 16:16:56 |
| 1199 | 3,170.00 | LSE | 16:21:14 |
| 148 | 3,166.00 | LSE | 16:27:43 |
| 1020 | 3,166.00 | LSE | 16:27:43 |
Exhibit 22
British American Tobacco p.l.c.
20 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the “Company”) announces that in accordance with the authority granted by shareholders at the Company’s Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each (“shares”) from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 19 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 108,258 |
| Highest price paid per share (pence): | 3,175.00 |
| Lowest price paid per share (pence): | 3,149.00 |
| Volume weighted average price paid per share (pence): | 3,167.1202 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,203,094,808 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA’s Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 19 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume (in number of shares) | Daily weighted average price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 19/03/2025 | 47,143 | 3,167.4114 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 19/03/2025 | 11,921 | 3,167.3206 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 19/03/2025 | 49,194 | 3,166.7925 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 1419 | 3,155.00 | BATE | 08:01:00 |
| 1339 | 3,155.00 | BATE | 08:13:21 |
| 1522 | 3,151.00 | BATE | 08:30:00 |
| 1381 | 3,152.00 | BATE | 08:56:19 |
| 60 | 3,152.00 | BATE | 08:56:19 |
| 1157 | 3,162.00 | BATE | 09:17:54 |
| 310 | 3,162.00 | BATE | 09:17:54 |
| 1404 | 3,162.00 | BATE | 09:50:00 |
| 1336 | 3,164.00 | BATE | 10:03:12 |
| 1314 | 3,168.00 | BATE | 10:21:11 |
| 1440 | 3,167.00 | BATE | 10:44:35 |
| 45 | 3,167.00 | BATE | 10:44:35 |
| 859 | 3,167.00 | BATE | 11:09:53 |
| 437 | 3,167.00 | BATE | 11:09:53 |
| 1500 | 3,161.00 | BATE | 11:35:50 |
| 819 | 3,162.00 | BATE | 12:05:02 |
| 469 | 3,162.00 | BATE | 12:05:02 |
| 1400 | 3,171.00 | BATE | 12:34:49 |
| 1501 | 3,174.00 | BATE | 12:57:22 |
| 630 | 3,175.00 | BATE | 13:20:41 |
| 36 | 3,175.00 | BATE | 13:21:05 |
| 781 | 3,175.00 | BATE | 13:22:31 |
| 1280 | 3,174.00 | BATE | 13:38:59 |
| 1321 | 3,174.00 | BATE | 13:54:33 |
| 1147 | 3,173.00 | BATE | 14:10:19 |
| 276 | 3,173.00 | BATE | 14:10:19 |
| 316 | 3,167.00 | BATE | 14:24:19 |
| 1060 | 3,167.00 | BATE | 14:24:19 |
| 1403 | 3,170.00 | BATE | 14:30:45 |
| 98 | 3,171.00 | BATE | 14:33:14 |
| 98 | 3,171.00 | BATE | 14:33:14 |
| 36 | 3,171.00 | BATE | 14:33:14 |
| 1322 | 3,173.00 | BATE | 14:38:55 |
| 134 | 3,173.00 | BATE | 14:38:55 |
| 362 | 3,168.00 | BATE | 14:46:26 |
| 1073 | 3,168.00 | BATE | 14:46:26 |
| 914 | 3,169.00 | BATE | 14:55:52 |
| 451 | 3,169.00 | BATE | 14:55:52 |
| 1471 | 3,169.00 | BATE | 15:00:10 |
| 1451 | 3,168.00 | BATE | 15:07:00 |
| 365 | 3,170.00 | BATE | 15:16:49 |
| 923 | 3,170.00 | BATE | 15:16:49 |
| 621 | 3,170.00 | BATE | 15:24:03 |
| 613 | 3,170.00 | BATE | 15:24:03 |
| 1255 | 3,170.00 | BATE | 15:31:39 |
|---|---|---|---|
| 238 | 3,170.00 | BATE | 15:31:39 |
| 543 | 3,169.00 | BATE | 15:40:53 |
| 820 | 3,169.00 | BATE | 15:40:53 |
| 556 | 3,168.00 | BATE | 15:50:41 |
| 709 | 3,168.00 | BATE | 15:50:41 |
| 1464 | 3,169.00 | BATE | 15:58:02 |
| 1398 | 3,169.00 | BATE | 16:05:22 |
| 37 | 3,166.00 | BATE | 16:13:56 |
| 27 | 3,166.00 | BATE | 16:13:56 |
| 29 | 3,166.00 | BATE | 16:13:56 |
| 108 | 3,166.00 | BATE | 16:13:56 |
| 28 | 3,166.00 | BATE | 16:13:56 |
| 1252 | 3,165.00 | BATE | 16:14:01 |
| 27 | 3,164.00 | BATE | 16:19:52 |
| 29 | 3,164.00 | BATE | 16:19:52 |
| 108 | 3,164.00 | BATE | 16:19:52 |
| 1235 | 3,166.00 | BATE | 16:21:26 |
| 1437 | 3,172.00 | BATE | 16:25:58 |
| 874 | 3,155.00 | CHIX | 08:18:05 |
| 910 | 3,164.00 | CHIX | 09:12:03 |
| 1071 | 3,168.00 | CHIX | 10:21:11 |
| 1067 | 3,163.00 | CHIX | 11:29:12 |
| 54 | 3,175.00 | CHIX | 12:57:21 |
| 260 | 3,175.00 | CHIX | 12:57:21 |
| 508 | 3,171.00 | CHIX | 13:13:50 |
| 483 | 3,171.00 | CHIX | 13:13:50 |
| 2 | 3,172.00 | CHIX | 14:05:54 |
| 728 | 3,172.00 | CHIX | 14:05:54 |
| 252 | 3,172.00 | CHIX | 14:06:14 |
| 53 | 3,169.00 | CHIX | 14:31:56 |
| 23 | 3,169.00 | CHIX | 14:32:01 |
| 1060 | 3,170.00 | CHIX | 14:33:16 |
| 908 | 3,169.00 | CHIX | 14:55:52 |
| 74 | 3,170.00 | CHIX | 15:16:05 |
| 995 | 3,170.00 | CHIX | 15:16:49 |
| 1029 | 3,167.00 | CHIX | 15:44:37 |
| 1073 | 3,166.00 | CHIX | 16:08:44 |
| 229 | 3,168.00 | CHIX | 16:23:33 |
| 228 | 3,172.00 | CHIX | 16:25:13 |
| 40 | 3,172.00 | CHIX | 16:25:13 |
| 1052 | 3,155.00 | LSE | 08:01:00 |
| 1248 | 3,149.00 | LSE | 08:12:23 |
| 930 | 3,152.00 | LSE | 08:52:26 |
| 169 | 3,152.00 | LSE | 08:52:26 |
| 1104 | 3,156.00 | LSE | 09:01:36 |
| 1197 | 3,162.00 | LSE | 09:50:00 |
| 1046 | 3,164.00 | LSE | 10:09:55 |
| 157 | 3,167.00 | LSE | 10:47:17 |
|---|---|---|---|
| 72 | 3,167.00 | LSE | 10:49:05 |
| 832 | 3,167.00 | LSE | 10:49:24 |
| 136 | 3,164.00 | LSE | 11:21:09 |
| 1077 | 3,164.00 | LSE | 11:21:28 |
| 1092 | 3,160.00 | LSE | 11:39:16 |
| 1262 | 3,159.00 | LSE | 11:48:47 |
| 1193 | 3,168.00 | LSE | 12:18:37 |
| 341 | 3,165.00 | LSE | 12:25:54 |
| 1270 | 3,171.00 | LSE | 12:34:49 |
| 1203 | 3,174.00 | LSE | 12:57:22 |
| 1177 | 3,175.00 | LSE | 13:20:41 |
| 1145 | 3,173.00 | LSE | 13:30:13 |
| 82 | 3,174.00 | LSE | 13:34:25 |
| 1121 | 3,174.00 | LSE | 13:34:25 |
| 1173 | 3,173.00 | LSE | 13:39:18 |
| 1069 | 3,174.00 | LSE | 13:48:14 |
| 1113 | 3,175.00 | LSE | 13:56:28 |
| 1125 | 3,172.00 | LSE | 14:04:15 |
| 1069 | 3,171.00 | LSE | 14:09:23 |
| 1092 | 3,172.00 | LSE | 14:15:36 |
| 1037 | 3,171.00 | LSE | 14:19:42 |
| 650 | 3,167.00 | LSE | 14:27:03 |
| 499 | 3,167.00 | LSE | 14:27:03 |
| 1043 | 3,169.00 | LSE | 14:31:30 |
| 1210 | 3,172.00 | LSE | 14:37:34 |
| 1124 | 3,168.00 | LSE | 14:44:40 |
| 1205 | 3,169.00 | LSE | 14:55:52 |
| 1086 | 3,169.00 | LSE | 15:00:10 |
| 1198 | 3,168.00 | LSE | 15:07:00 |
| 1105 | 3,170.00 | LSE | 15:16:49 |
| 1239 | 3,170.00 | LSE | 15:24:03 |
| 1192 | 3,169.00 | LSE | 15:30:22 |
| 1074 | 3,169.00 | LSE | 15:40:53 |
| 1177 | 3,168.00 | LSE | 15:48:03 |
| 1020 | 3,169.00 | LSE | 15:55:58 |
| 1086 | 3,169.00 | LSE | 16:05:22 |
| 1267 | 3,165.00 | LSE | 16:09:32 |
| 1085 | 3,163.00 | LSE | 16:15:20 |
| 1163 | 3,168.00 | LSE | 16:22:28 |
| 1136 | 3,172.00 | LSE | 16:25:58 |
Exhibit 23
British American Tobacco p.l.c.
21 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the “Company”) announces that in accordance with the authority granted by shareholders at the Company’s Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each (“shares”) from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 20 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 111,000 |
| Highest price paid per share (pence): | 3,183.00 |
| Lowest price paid per share (pence): | 3,151.00 |
| Volume weighted average price paid per share (pence): | 3,163.6981 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,202,983,808 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA’s Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 20 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume (in number of shares) | Daily weighted average price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 20/03/2025 | 48,000 | 3,163.6703 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 20/03/2025 | 12,000 | 3,163.4302 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 20/03/2025 | 51,000 | 3,163.7874 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 1308 | 3,170.00 | BATE | 08:01:54 |
| 1409 | 3,181.00 | BATE | 08:12:24 |
| 1483 | 3,178.00 | BATE | 08:31:17 |
| 28 | 3,178.00 | BATE | 08:51:26 |
| 1185 | 3,178.00 | BATE | 08:51:52 |
| 155 | 3,178.00 | BATE | 08:51:52 |
| 1404 | 3,173.00 | BATE | 09:09:47 |
| 1157 | 3,174.00 | BATE | 09:33:00 |
| 326 | 3,174.00 | BATE | 09:33:00 |
| 1350 | 3,165.00 | BATE | 09:57:50 |
| 3 | 3,171.00 | BATE | 10:15:32 |
| 1313 | 3,170.00 | BATE | 10:15:34 |
| 1504 | 3,161.00 | BATE | 10:39:24 |
| 1437 | 3,160.00 | BATE | 11:06:47 |
| 1466 | 3,156.00 | BATE | 11:32:43 |
| 804 | 3,158.00 | BATE | 11:58:37 |
| 2 | 3,158.00 | BATE | 11:58:37 |
| 469 | 3,158.00 | BATE | 11:58:37 |
| 2 | 3,158.00 | BATE | 11:58:37 |
| 68 | 3,158.00 | BATE | 12:20:57 |
| 109 | 3,157.00 | BATE | 12:20:57 |
| 1240 | 3,159.00 | BATE | 12:25:58 |
| 1147 | 3,161.00 | BATE | 12:48:35 |
| 366 | 3,161.00 | BATE | 12:48:35 |
| 1260 | 3,164.00 | BATE | 13:13:03 |
| 1402 | 3,170.00 | BATE | 13:30:59 |
| 1303 | 3,170.00 | BATE | 13:51:39 |
| 131 | 3,165.00 | BATE | 14:03:28 |
| 1120 | 3,165.00 | BATE | 14:03:28 |
| 1485 | 3,165.00 | BATE | 14:17:12 |
| 1287 | 3,166.00 | BATE | 14:31:39 |
| 1489 | 3,165.00 | BATE | 14:32:23 |
| 1286 | 3,167.00 | BATE | 14:39:18 |
| 1342 | 3,168.00 | BATE | 14:43:04 |
| 1347 | 3,166.00 | BATE | 14:50:53 |
| 1315 | 3,166.00 | BATE | 14:56:40 |
| 1226 | 3,167.00 | BATE | 15:04:21 |
| 1312 | 3,165.00 | BATE | 15:10:04 |
| 1187 | 3,158.00 | BATE | 15:19:45 |
| 267 | 3,158.00 | BATE | 15:19:45 |
| 110 | 3,156.00 | BATE | 15:26:06 |
| 1299 | 3,156.00 | BATE | 15:26:06 |
| 105 | 3,153.00 | BATE | 15:36:18 |
| 128 | 3,153.00 | BATE | 15:36:18 |
| 10 | 3,153.00 | BATE | 15:36:18 |
|---|---|---|---|
| 30 | 3,155.00 | BATE | 15:37:07 |
| 32 | 3,155.00 | BATE | 15:37:07 |
| 157 | 3,155.00 | BATE | 15:40:05 |
| 1181 | 3,155.00 | BATE | 15:40:05 |
| 1281 | 3,155.00 | BATE | 15:45:35 |
| 1413 | 3,154.00 | BATE | 15:55:46 |
| 1355 | 3,155.00 | BATE | 16:02:37 |
| 147 | 3,155.00 | BATE | 16:02:37 |
| 1425 | 3,153.00 | BATE | 16:12:22 |
| 1230 | 3,152.00 | BATE | 16:18:41 |
| 33 | 3,159.00 | BATE | 16:22:02 |
| 30 | 3,159.00 | BATE | 16:22:02 |
| 154 | 3,159.00 | BATE | 16:22:02 |
| 28 | 3,158.00 | BATE | 16:22:37 |
| 1303 | 3,158.00 | BATE | 16:22:37 |
| 527 | 3,158.00 | BATE | 16:27:29 |
| 528 | 3,158.00 | BATE | 16:27:29 |
| 886 | 3,176.00 | CHIX | 08:20:04 |
| 152 | 3,173.00 | CHIX | 09:14:30 |
| 93 | 3,173.00 | CHIX | 09:14:30 |
| 144 | 3,173.00 | CHIX | 09:14:32 |
| 298 | 3,173.00 | CHIX | 09:14:39 |
| 381 | 3,173.00 | CHIX | 09:14:39 |
| 916 | 3,164.00 | CHIX | 10:22:08 |
| 27 | 3,164.00 | CHIX | 10:22:08 |
| 252 | 3,153.00 | CHIX | 11:34:16 |
| 754 | 3,153.00 | CHIX | 11:34:16 |
| 839 | 3,162.00 | CHIX | 12:54:25 |
| 153 | 3,162.00 | CHIX | 12:54:25 |
| 995 | 3,170.00 | CHIX | 13:51:39 |
| 205 | 3,167.00 | CHIX | 14:30:15 |
| 776 | 3,167.00 | CHIX | 14:30:15 |
| 680 | 3,167.00 | CHIX | 14:47:09 |
| 102 | 3,167.00 | CHIX | 14:47:09 |
| 102 | 3,167.00 | CHIX | 14:47:09 |
| 102 | 3,167.00 | CHIX | 14:47:09 |
| 102 | 3,167.00 | CHIX | 14:47:09 |
| 986 | 3,165.00 | CHIX | 15:10:04 |
| 973 | 3,151.00 | CHIX | 15:33:33 |
| 968 | 3,156.00 | CHIX | 16:00:26 |
| 229 | 3,155.00 | CHIX | 16:19:31 |
| 61 | 3,159.00 | CHIX | 16:22:02 |
| 60 | 3,159.00 | CHIX | 16:22:02 |
| 219 | 3,159.00 | CHIX | 16:22:02 |
| 229 | 3,159.00 | CHIX | 16:24:14 |
| 316 | 3,158.00 | CHIX | 16:25:57 |
| 565 | 3,169.00 | LSE | 08:01:54 |
| 475 | 3,169.00 | LSE | 08:01:54 |
|---|---|---|---|
| 1017 | 3,183.00 | LSE | 08:14:11 |
| 1270 | 3,177.00 | LSE | 08:40:24 |
| 1054 | 3,172.00 | LSE | 09:19:00 |
| 197 | 3,166.00 | LSE | 09:42:48 |
| 350 | 3,166.00 | LSE | 09:42:48 |
| 243 | 3,166.00 | LSE | 09:42:49 |
| 378 | 3,166.00 | LSE | 09:42:49 |
| 1162 | 3,167.00 | LSE | 10:05:10 |
| 1242 | 3,171.00 | LSE | 10:13:13 |
| 270 | 3,165.00 | LSE | 10:20:23 |
| 772 | 3,165.00 | LSE | 10:20:23 |
| 1221 | 3,163.00 | LSE | 10:42:36 |
| 571 | 3,160.00 | LSE | 11:06:28 |
| 156 | 3,160.00 | LSE | 11:06:28 |
| 76 | 3,160.00 | LSE | 11:06:28 |
| 212 | 3,160.00 | LSE | 11:06:28 |
| 20 | 3,160.00 | LSE | 11:06:28 |
| 20 | 3,160.00 | LSE | 11:06:28 |
| 1028 | 3,158.00 | LSE | 11:28:16 |
| 1023 | 3,169.00 | LSE | 11:44:20 |
| 826 | 3,160.00 | LSE | 11:55:29 |
| 209 | 3,160.00 | LSE | 11:55:29 |
| 1051 | 3,159.00 | LSE | 12:02:38 |
| 1145 | 3,158.00 | LSE | 12:17:46 |
| 1098 | 3,161.00 | LSE | 12:48:35 |
| 106 | 3,161.00 | LSE | 12:48:35 |
| 1133 | 3,165.00 | LSE | 13:18:27 |
| 1246 | 3,170.00 | LSE | 13:30:59 |
| 1230 | 3,172.00 | LSE | 13:35:46 |
| 1225 | 3,174.00 | LSE | 13:43:28 |
| 1205 | 3,170.00 | LSE | 13:51:39 |
| 1027 | 3,167.00 | LSE | 13:59:08 |
| 1215 | 3,164.00 | LSE | 14:08:49 |
| 1219 | 3,165.00 | LSE | 14:15:49 |
| 1016 | 3,164.00 | LSE | 14:25:50 |
| 902 | 3,166.00 | LSE | 14:31:39 |
| 300 | 3,166.00 | LSE | 14:31:39 |
| 238 | 3,168.00 | LSE | 14:38:37 |
| 864 | 3,168.00 | LSE | 14:38:37 |
| 1262 | 3,167.00 | LSE | 14:44:41 |
| 1237 | 3,167.00 | LSE | 14:52:31 |
| 1131 | 3,165.00 | LSE | 14:59:10 |
| 1073 | 3,165.00 | LSE | 15:10:04 |
| 770 | 3,157.00 | LSE | 15:14:00 |
| 437 | 3,157.00 | LSE | 15:14:00 |
| 1201 | 3,156.00 | LSE | 15:24:02 |
| 1134 | 3,153.00 | LSE | 15:31:09 |
| 1132 | 3,155.00 | LSE | 15:39:26 |
|---|---|---|---|
| 295 | 3,153.00 | LSE | 15:47:10 |
| 291 | 3,153.00 | LSE | 15:47:10 |
| 106 | 3,153.00 | LSE | 15:47:10 |
| 300 | 3,153.00 | LSE | 15:47:10 |
| 261 | 3,153.00 | LSE | 15:47:10 |
| 1066 | 3,156.00 | LSE | 16:00:26 |
| 945 | 3,155.00 | LSE | 16:04:33 |
| 240 | 3,155.00 | LSE | 16:04:33 |
| 1103 | 3,153.00 | LSE | 16:12:22 |
| 309 | 3,152.00 | LSE | 16:17:41 |
| 244 | 3,152.00 | LSE | 16:17:41 |
| 300 | 3,155.00 | LSE | 16:20:00 |
| 320 | 3,155.00 | LSE | 16:20:00 |
| 160 | 3,155.00 | LSE | 16:20:00 |
| 1159 | 3,157.00 | LSE | 16:23:12 |
| 180 | 3,158.00 | LSE | 16:27:29 |
| 196 | 3,158.00 | LSE | 16:27:29 |
| 313 | 3,158.00 | LSE | 16:27:29 |
| 199 | 3,158.00 | LSE | 16:27:29 |
| 59 | 3,159.00 | LSE | 16:27:56 |
Exhibit 24
British American Tobacco p.l.c.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Conditional Share Awards
On 20 March 2025, 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 listed below under the Deferred Share Bonus Scheme at an award price of 3,179 pence per Share. Awards under the Deferred Share Bonus Scheme will vest after three years and no further performance conditions apply in that period.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Tadeu Marroco | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 42,462 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 42,462<br> <br> 1,349,866.98 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Soraya Benchikh | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Financial 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 12,527 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 12,527<br> <br> 398,233.33 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 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 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 13,290 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 13,290<br> <br> 422,489.10 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | James Barrett | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 9,542 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 9,542<br> <br> 303,340.18 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Luciano Comin | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Marketing 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 13,852 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 13,852<br> <br> 440,355.08 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Michael Dijanosic | |
| 2 | Reason for the notification | ||
| a) | Position/status | Regional Director, Asia-Pacific, 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 11,571 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 11,571<br> <br> 367,842.09 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Javed Iqbal | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director, Digital and Information | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 12,495 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 12,495<br> <br> 397,216.05 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Zafar Khan | |
| 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 | 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 11,766 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 11,766<br> <br> 374,041.14 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Cora Koppe-Stahrenberg | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief People 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 12,361 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 12,361<br> <br> 392,956.19 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Paul McCrory | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director, Corporate and Regulatory Affairs | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 9,402 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 9,402<br> <br> 298,889.58 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Fred Monteiro | |
| 2 | Reason for the notification | ||
| a) | Position/status | Regional Director, Americas & 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 11,275 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 11,275<br> <br> 358,432.25 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading veue |
All values are in British Pounds.
| 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 9,931 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 9,931<br> <br> 315,706.49 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Johan Vandermeulen | |
| 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 16,606 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 16,606<br> <br> 527,904.74 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | David Waterfield | |
| 2 | Reason for the notification | ||
| a) | Position/status | President and CEO, Reynolds American Inc. | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 12,018 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 12,018<br> <br> 382,052.22 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Kingsley Wheaton | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Corporate 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 15,972 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 15,972<br> <br> 507,749.88 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Name of officer of issuer responsible for making notification: Nancy Jiang |
|---|
| Date of notification: 21 March 2025 |
Exhibit 25
British American Tobacco p.l.c.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Conditional Share Awards
On 20 March 2025, the Company granted awards of British American Tobacco p.l.c. 25p ordinary shares (the “Shares”) to the persons discharging managerial responsibilities (the “Participants”) listed below under the British American Tobacco Long Term Incentive Plan at an award price of 3,179 pence per Share. The awards will vest three years from the grant date, 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 | Jerome Abelman | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director, Legal 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Long Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 46,626 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 46,626<br> <br> 1,482,240.54 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | James Barrett | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Long Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 35,066 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 35,066<br> <br> 1,114,748.14 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Luciano Comin | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Marketing 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Long Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 48,553 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 48,553<br> <br> 1,543,499.87 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Michael Dijanosic | |
| 2 | Reason for the notification | ||
| a) | Position/status | Regional Director, Asia-Pacific, 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Long Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 40,460 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 40,460<br> <br> 1,286,223.40 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Javed Iqbal | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director, Digital and Information | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Long Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 38,534 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 38,534<br> <br> 1,224,995.86 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Zafar Khan | |
| 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 | 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Long Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 42,387 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 42,387<br> <br> 1,347,482.73 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Cora Koppe-Stahrenberg | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief People 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Long Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 44,083 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 44,083<br> <br> 1,401,398.57 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Paul McCrory | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director, Corporate and Regulatory Affairs | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Long Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 33,139 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 33,139<br> <br> 1,053,488.81 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Fred Monteiro | |
| 2 | Reason for the notification | ||
| a) | Position/status | Regional Director, Americas & 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Long Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 42,387 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 42,387<br> <br> 1,347,482.73 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Long Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 36,607 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 36,607<br> <br> 1,163,736.53 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Johan Vandermeulen | |
| 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Long Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 58,186 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 58,186<br> <br> 1,849,732.94 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | David Waterfield | |
| 2 | Reason for the notification | ||
| a) | Position/status | President and CEO, Reynolds American Inc. | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Long Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 44,699 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 44,699<br> <br> 1,420,981.21 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Kingsley Wheaton | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Corporate 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Long Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 55,874 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 55,874<br> <br> 1,776,234.46 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Name of officer of issuer responsible for making notification: Nancy Jiang |
|---|
| Date of notification: 21 March 2025 |
Exhibit 26
British American Tobacco p.l.c.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Conditional Share Awards
On 20 March 2025, the Company granted awards of British American Tobacco p.l.c. 25p ordinary shares (the “Shares”) to persons discharging managerial responsibilities (the “Participants”) listed below under the British American Tobacco Restricted Share Plan at an award price of 3,179 pence per Share. Awards under the British American Tobacco Restricted Share Plan will vest after three years and no further performance conditions apply in that period.
| 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 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 12,370 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 12,370<br> <br> 393,242.30 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
|---|---|---|---|
| a) | Name | James Barrett | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 9,303 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 9,303<br> <br> 295,742.37 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
|---|---|---|---|
| a) | Name | Luciano Comin | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Marketing 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 12,881 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 12,881<br> <br> 409,486.99 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
|---|---|---|---|
| a) | Name | Michael Dijanosic | |
| 2 | Reason for the notification | ||
| a) | Position/status | Regional Director, Asia-Pacific, 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 10,734 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 10,734<br> <br> 341,233.86 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
|---|---|---|---|
| a) | Name | Javed Iqbal | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director, Digital and Information | |
| 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<br> conducted | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 10,223 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 10,223<br> <br> 324,989.17 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
|---|---|---|---|
| a) | Name | Zafar Khan | |
| 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 | 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 11,245 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 11,245<br> <br> 357,478.55 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
|---|---|---|---|
| a) | Name | Cora Koppe-Stahrenberg | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief People 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 11,695 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 11,695<br> <br> 371,784.05 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
|---|---|---|---|
| a) | Name | Paul McCrory | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director, Corporate and Regulatory Affairs | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 8,792 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 8,792<br> <br> 279,497.68 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
|---|---|---|---|
| a) | Name | Fred Monteiro | |
| 2 | Reason for the notification | ||
| a) | Position/status | Regional Director, Americas & 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 11,245 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 11,245<br> <br> 357,478.55 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 9,712 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 9,712<br> <br> 308,744.48 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
|---|---|---|---|
| a) | Name | Johan Vandermeulen | |
| 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 15,437 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 15,437<br> <br> 490,742.23 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
|---|---|---|---|
| a) | Name | David Waterfield | |
| 2 | Reason for the notification | ||
| a) | Position/status | President and CEO, Reynolds American Inc. | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 11,859 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 11,859<br> <br> 376,997.61 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
|---|---|---|---|
| a) | Name | Kingsley Wheaton | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Corporate 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 | ||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Award of shares under the Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 14,823 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 14,823<br> <br> 471,223.17 | |
| e) | Date of the transaction | 2025-03-20 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Name of officer of issuer responsible for making notification: Nancy Jiang |
|---|
| Date of notification: 21 March 2025 |
Exhibit 27
British American Tobacco p.l.c.
24 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the “Company”) announces that in accordance with the authority granted by shareholders at the Company’s Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each (“shares”) from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 21 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 111,475 |
| Highest price paid per share (pence): | 3,172.00 |
| Lowest price paid per share (pence): | 3,147.00 |
| Volume weighted average price paid per share (pence): | 3,156.4848 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,202,872,333 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA’s Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 21 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume (in number of shares) | Daily weighted average price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 21/03/2025 | 49,335 | 3,156.9478 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 21/03/2025 | 12,390 | 3,156.2595 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 21/03/2025 | 49,750 | 3,156.0818 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 722 | 3,155.00 | BATE | 08:00:30 |
| 807 | 3,155.00 | BATE | 08:00:30 |
| 125 | 3,151.00 | BATE | 08:13:38 |
| 1421 | 3,158.00 | BATE | 08:17:17 |
| 1359 | 3,159.00 | BATE | 08:35:30 |
| 1287 | 3,159.00 | BATE | 08:58:36 |
| 172 | 3,161.00 | BATE | 09:17:39 |
| 1162 | 3,161.00 | BATE | 09:17:39 |
| 1314 | 3,162.00 | BATE | 09:37:42 |
| 1344 | 3,162.00 | BATE | 10:00:21 |
| 182 | 3,162.00 | BATE | 10:00:21 |
| 16 | 3,172.00 | BATE | 10:24:27 |
| 1290 | 3,172.00 | BATE | 10:24:27 |
| 1371 | 3,163.00 | BATE | 10:43:35 |
| 1484 | 3,170.00 | BATE | 11:07:21 |
| 1305 | 3,167.00 | BATE | 11:36:18 |
| 39 | 3,172.00 | BATE | 12:00:37 |
| 42 | 3,172.00 | BATE | 12:00:37 |
| 44 | 3,172.00 | BATE | 12:00:37 |
| 68 | 3,172.00 | BATE | 12:00:37 |
| 35 | 3,172.00 | BATE | 12:00:37 |
| 43 | 3,172.00 | BATE | 12:00:37 |
| 35 | 3,172.00 | BATE | 12:00:37 |
| 1416 | 3,171.00 | BATE | 12:03:13 |
| 71 | 3,161.00 | BATE | 12:30:00 |
| 1245 | 3,161.00 | BATE | 12:30:13 |
| 940 | 3,163.00 | BATE | 12:56:55 |
| 469 | 3,163.00 | BATE | 12:56:55 |
| 1351 | 3,162.00 | BATE | 13:25:15 |
| 938 | 3,161.00 | BATE | 13:39:31 |
| 545 | 3,161.00 | BATE | 13:39:31 |
| 41 | 3,154.00 | BATE | 13:57:22 |
| 40 | 3,154.00 | BATE | 13:57:22 |
| 190 | 3,154.00 | BATE | 13:57:22 |
| 41 | 3,154.00 | BATE | 13:57:22 |
| 115 | 3,154.00 | BATE | 13:57:22 |
| 24 | 3,153.00 | BATE | 14:00:02 |
| 29 | 3,153.00 | BATE | 14:00:09 |
| 1323 | 3,152.00 | BATE | 14:04:38 |
| 1150 | 3,153.00 | BATE | 14:17:34 |
| 329 | 3,153.00 | BATE | 14:17:34 |
| 1355 | 3,149.00 | BATE | 14:31:30 |
| 1453 | 3,150.00 | BATE | 14:32:08 |
| 1516 | 3,150.00 | BATE | 14:41:53 |
| 1289 | 3,148.00 | BATE | 14:48:10 |
|---|---|---|---|
| 601 | 3,150.00 | BATE | 14:53:22 |
| 1369 | 3,149.00 | BATE | 14:58:00 |
| 46 | 3,150.00 | BATE | 15:05:51 |
| 1 | 3,150.00 | BATE | 15:05:51 |
| 321 | 3,150.00 | BATE | 15:05:51 |
| 42 | 3,150.00 | BATE | 15:05:51 |
| 45 | 3,150.00 | BATE | 15:05:51 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 321 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 321 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 1 | 3,150.00 | BATE | 15:07:16 |
| 245 | 3,149.00 | BATE | 15:08:15 |
| 1119 | 3,149.00 | BATE | 15:08:15 |
| 1445 | 3,149.00 | BATE | 15:19:14 |
| 1389 | 3,149.00 | BATE | 15:27:28 |
| 1434 | 3,158.00 | BATE | 15:33:30 |
| 1380 | 3,150.00 | BATE | 15:45:06 |
| 1359 | 3,152.00 | BATE | 15:51:57 |
| 1379 | 3,151.00 | BATE | 15:57:22 |
| 927 | 3,149.00 | BATE | 16:01:06 |
| 370 | 3,149.00 | BATE | 16:01:06 |
| 1426 | 3,150.00 | BATE | 16:06:40 |
| 40 | 3,151.00 | BATE | 16:13:29 |
| 32 | 3,151.00 | BATE | 16:13:29 |
| 44 | 3,151.00 | BATE | 16:13:29 |
| 46 | 3,151.00 | BATE | 16:13:29 |
| 226 | 3,151.00 | BATE | 16:13:29 |
| 226 | 3,151.00 | BATE | 16:14:48 |
| 39 | 3,151.00 | BATE | 16:14:48 |
| 404 | 3,148.00 | BATE | 16:16:59 |
|---|---|---|---|
| 419 | 3,147.00 | BATE | 16:19:47 |
| 46 | 3,149.00 | BATE | 16:22:31 |
| 226 | 3,149.00 | BATE | 16:22:31 |
| 40 | 3,149.00 | BATE | 16:22:31 |
| 39 | 3,149.00 | BATE | 16:22:31 |
| 226 | 3,149.00 | BATE | 16:24:40 |
| 39 | 3,149.00 | BATE | 16:24:40 |
| 45 | 3,149.00 | BATE | 16:24:40 |
| 41 | 3,149.00 | BATE | 16:24:40 |
| 23 | 3,148.00 | BATE | 16:27:47 |
| 226 | 3,148.00 | BATE | 16:27:47 |
| 226 | 3,148.00 | BATE | 16:27:47 |
| 1118 | 3,158.00 | CHIX | 08:17:17 |
| 598 | 3,161.00 | CHIX | 09:21:24 |
| 439 | 3,161.00 | CHIX | 09:21:24 |
| 1066 | 3,172.00 | CHIX | 10:24:27 |
| 1143 | 3,167.00 | CHIX | 11:36:18 |
| 311 | 3,163.00 | CHIX | 12:56:55 |
| 689 | 3,163.00 | CHIX | 12:56:55 |
| 1066 | 3,153.00 | CHIX | 13:51:40 |
| 955 | 3,149.00 | CHIX | 14:31:30 |
| 1139 | 3,149.00 | CHIX | 14:44:11 |
| 1046 | 3,149.00 | CHIX | 15:08:15 |
| 403 | 3,151.00 | CHIX | 15:29:22 |
| 1116 | 3,150.00 | CHIX | 15:40:58 |
| 457 | 3,151.00 | CHIX | 15:57:22 |
| 403 | 3,151.00 | CHIX | 16:05:36 |
| 441 | 3,150.00 | CHIX | 16:14:55 |
| 1123 | 3,154.00 | LSE | 08:03:06 |
| 965 | 3,158.00 | LSE | 08:17:17 |
| 1073 | 3,159.00 | LSE | 08:35:30 |
| 176 | 3,159.00 | LSE | 08:58:36 |
| 936 | 3,159.00 | LSE | 08:58:36 |
| 1038 | 3,161.00 | LSE | 09:21:24 |
| 1012 | 3,163.00 | LSE | 09:45:33 |
| 1011 | 3,159.00 | LSE | 10:06:33 |
| 171 | 3,160.00 | LSE | 10:15:38 |
| 71 | 3,161.00 | LSE | 10:15:48 |
| 1033 | 3,161.00 | LSE | 10:15:48 |
| 1030 | 3,160.00 | LSE | 10:15:49 |
| 1555 | 3,160.00 | LSE | 10:15:49 |
| 1173 | 3,167.00 | LSE | 10:20:19 |
| 977 | 3,171.00 | LSE | 10:28:35 |
| 16 | 3,160.00 | LSE | 10:50:14 |
| 16 | 3,160.00 | LSE | 10:50:14 |
| 11 | 3,160.00 | LSE | 10:50:14 |
| 436 | 3,160.00 | LSE | 10:50:14 |
| 6 | 3,160.00 | LSE | 10:50:15 |
|---|---|---|---|
| 575 | 3,160.00 | LSE | 10:50:15 |
| 2 | 3,160.00 | LSE | 10:50:15 |
| 55 | 3,160.00 | LSE | 10:50:15 |
| 189 | 3,161.00 | LSE | 10:51:43 |
| 264 | 3,161.00 | LSE | 10:51:43 |
| 209 | 3,161.00 | LSE | 10:51:43 |
| 180 | 3,161.00 | LSE | 10:51:43 |
| 300 | 3,161.00 | LSE | 10:51:43 |
| 15 | 3,161.00 | LSE | 10:54:44 |
| 469 | 3,161.00 | LSE | 10:54:44 |
| 588 | 3,161.00 | LSE | 10:54:45 |
| 3 | 3,161.00 | LSE | 10:54:45 |
| 57 | 3,161.00 | LSE | 10:54:45 |
| 281 | 3,162.00 | LSE | 10:57:44 |
| 7 | 3,162.00 | LSE | 10:57:45 |
| 18 | 3,162.00 | LSE | 10:57:45 |
| 531 | 3,162.00 | LSE | 10:57:50 |
| 147 | 3,162.00 | LSE | 10:57:59 |
| 18 | 3,162.00 | LSE | 10:57:59 |
| 10 | 3,162.00 | LSE | 10:57:59 |
| 14 | 3,162.00 | LSE | 10:57:59 |
| 14 | 3,162.00 | LSE | 10:59:29 |
| 12 | 3,162.00 | LSE | 10:59:29 |
| 10 | 3,162.00 | LSE | 10:59:29 |
| 866 | 3,162.00 | LSE | 10:59:30 |
| 3 | 3,162.00 | LSE | 10:59:30 |
| 56 | 3,162.00 | LSE | 10:59:30 |
| 2 | 3,162.00 | LSE | 10:59:44 |
| 1009 | 3,170.00 | LSE | 11:28:42 |
| 1109 | 3,170.00 | LSE | 11:57:16 |
| 981 | 3,166.00 | LSE | 12:20:14 |
| 964 | 3,160.00 | LSE | 12:42:42 |
| 1064 | 3,163.00 | LSE | 13:06:32 |
| 1179 | 3,162.00 | LSE | 13:31:05 |
| 981 | 3,160.00 | LSE | 13:34:14 |
| 707 | 3,161.00 | LSE | 13:37:54 |
| 455 | 3,161.00 | LSE | 13:37:54 |
| 1075 | 3,154.00 | LSE | 13:46:43 |
| 985 | 3,152.00 | LSE | 13:53:48 |
| 29 | 3,152.00 | LSE | 14:01:01 |
| 9 | 3,152.00 | LSE | 14:01:01 |
| 400 | 3,152.00 | LSE | 14:01:01 |
| 91 | 3,152.00 | LSE | 14:01:01 |
| 200 | 3,152.00 | LSE | 14:01:01 |
| 1 | 3,152.00 | LSE | 14:01:01 |
| 200 | 3,152.00 | LSE | 14:01:01 |
| 87 | 3,152.00 | LSE | 14:01:01 |
| 1114 | 3,153.00 | LSE | 14:07:37 |
|---|---|---|---|
| 1080 | 3,153.00 | LSE | 14:17:34 |
| 1086 | 3,152.00 | LSE | 14:26:25 |
| 1034 | 3,149.00 | LSE | 14:35:46 |
| 1006 | 3,149.00 | LSE | 14:44:11 |
| 993 | 3,149.00 | LSE | 14:58:00 |
| 1087 | 3,149.00 | LSE | 15:00:18 |
| 189 | 3,149.00 | LSE | 15:09:49 |
| 779 | 3,149.00 | LSE | 15:09:49 |
| 988 | 3,149.00 | LSE | 15:19:14 |
| 1023 | 3,148.00 | LSE | 15:26:06 |
| 1176 | 3,157.00 | LSE | 15:33:53 |
| 1068 | 3,150.00 | LSE | 15:45:06 |
| 1110 | 3,151.00 | LSE | 15:57:22 |
| 1045 | 3,149.00 | LSE | 16:00:01 |
| 969 | 3,150.00 | LSE | 16:04:28 |
| 1170 | 3,153.00 | LSE | 16:11:12 |
| 1168 | 3,150.00 | LSE | 16:14:55 |
| 203 | 3,148.00 | LSE | 16:16:59 |
| 223 | 3,147.00 | LSE | 16:21:40 |
| 209 | 3,148.00 | LSE | 16:25:02 |
| 147 | 3,148.00 | LSE | 16:29:00 |
| 218 | 3,149.00 | LSE | 16:29:00 |
Exhibit 28
British American Tobacco p.l.c.
25 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each ("shares") from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 24 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 112,000 |
| Highest price paid per share (pence): | 3,177.00 |
| Lowest price paid per share (pence): | 3,151.00 |
| Volume weighted average price paid per share (pence): | 3162.0323 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,202,760,333 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 24 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume<br><br> <br>(in number of shares) | Daily weighted average<br><br> <br>price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 24/03/2025 | 50,000 | 3,161.9699 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 24/03/2025 | 13,000 | 3,162.7512 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 24/03/2025 | 49,000 | 3,161.9054 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 1264 | 3,165.00 | BATE | 08:01:13 |
| 146 | 3,165.00 | BATE | 08:01:13 |
| 1253 | 3,164.00 | BATE | 08:13:28 |
| 1426 | 3,167.00 | BATE | 08:32:56 |
| 1426 | 3,171.00 | BATE | 08:55:00 |
| 59 | 3,171.00 | BATE | 08:55:00 |
| 1293 | 3,177.00 | BATE | 09:15:38 |
| 1502 | 3,166.00 | BATE | 09:36:54 |
| 1252 | 3,161.00 | BATE | 10:05:28 |
| 1246 | 3,168.00 | BATE | 10:18:22 |
| 131 | 3,170.00 | BATE | 10:41:35 |
| 149 | 3,170.00 | BATE | 10:41:35 |
| 35 | 3,170.00 | BATE | 10:41:35 |
| 40 | 3,170.00 | BATE | 10:41:35 |
| 31 | 3,170.00 | BATE | 10:41:35 |
| 368 | 3,170.00 | BATE | 10:41:35 |
| 149 | 3,170.00 | BATE | 10:41:35 |
| 1258 | 3,167.00 | BATE | 11:00:00 |
| 1520 | 3,168.00 | BATE | 11:24:04 |
| 1508 | 3,159.00 | BATE | 11:52:35 |
| 1357 | 3,158.00 | BATE | 12:19:42 |
| 995 | 3,151.00 | BATE | 12:46:07 |
| 243 | 3,151.00 | BATE | 12:46:07 |
| 1370 | 3,159.00 | BATE | 13:07:54 |
| 1348 | 3,162.00 | BATE | 13:30:00 |
| 1257 | 3,172.00 | BATE | 13:46:20 |
| 1436 | 3,167.00 | BATE | 14:01:46 |
| 37 | 3,163.00 | BATE | 14:18:47 |
| 39 | 3,163.00 | BATE | 14:18:47 |
| 110 | 3,163.00 | BATE | 14:18:55 |
| 34 | 3,163.00 | BATE | 14:19:08 |
| 27 | 3,163.00 | BATE | 14:19:35 |
| 1301 | 3,163.00 | BATE | 14:21:11 |
| 1471 | 3,161.00 | BATE | 14:29:10 |
| 1508 | 3,158.00 | BATE | 14:33:14 |
| 1352 | 3,158.00 | BATE | 14:41:50 |
| 184 | 3,161.00 | BATE | 14:52:30 |
| 184 | 3,161.00 | BATE | 14:52:39 |
| 1517 | 3,160.00 | BATE | 14:54:01 |
| 230 | 3,164.00 | BATE | 14:56:11 |
| 1 | 3,164.00 | BATE | 14:56:11 |
| 230 | 3,164.00 | BATE | 14:58:25 |
| 175 | 3,164.00 | BATE | 14:58:25 |
| 5 | 3,164.00 | BATE | 14:58:25 |
| 635 | 3,162.00 | BATE | 14:59:24 |
| 730 | 3,162.00 | BATE | 14:59:24 |
| 34 | 3,161.00 | BATE | 15:09:00 |
| 1 | 3,161.00 | BATE | 15:09:00 |
| 1476 | 3,160.00 | BATE | 15:09:09 |
|---|---|---|---|
| 579 | 3,156.00 | BATE | 15:17:44 |
| 839 | 3,156.00 | BATE | 15:17:55 |
| 1383 | 3,158.00 | BATE | 15:27:13 |
| 1295 | 3,160.00 | BATE | 15:36:27 |
| 161 | 3,161.00 | BATE | 15:36:27 |
| 161 | 3,161.00 | BATE | 15:36:27 |
| 1354 | 3,161.00 | BATE | 15:48:04 |
| 1318 | 3,159.00 | BATE | 15:55:26 |
| 1 | 3,159.00 | BATE | 16:03:05 |
| 1 | 3,159.00 | BATE | 16:03:05 |
| 161 | 3,159.00 | BATE | 16:03:16 |
| 34 | 3,159.00 | BATE | 16:03:16 |
| 39 | 3,159.00 | BATE | 16:03:16 |
| 34 | 3,159.00 | BATE | 16:03:16 |
| 39 | 3,159.00 | BATE | 16:03:16 |
| 161 | 3,159.00 | BATE | 16:03:16 |
| 1467 | 3,158.00 | BATE | 16:03:37 |
| 28 | 3,156.00 | BATE | 16:12:24 |
| 161 | 3,156.00 | BATE | 16:12:24 |
| 161 | 3,156.00 | BATE | 16:12:58 |
| 1121 | 3,155.00 | BATE | 16:13:22 |
| 260 | 3,155.00 | BATE | 16:13:22 |
| 41 | 3,156.00 | BATE | 16:20:04 |
| 40 | 3,156.00 | BATE | 16:20:04 |
| 161 | 3,156.00 | BATE | 16:20:07 |
| 39 | 3,156.00 | BATE | 16:20:07 |
| 36 | 3,156.00 | BATE | 16:20:07 |
| 1515 | 3,154.00 | BATE | 16:22:37 |
| 275 | 3,156.00 | BATE | 16:27:30 |
| 575 | 3,156.00 | BATE | 16:27:30 |
| 42 | 3,156.00 | BATE | 16:27:30 |
| 141 | 3,156.00 | BATE | 16:27:30 |
| 34 | 3,156.00 | BATE | 16:27:30 |
| 1018 | 3,165.00 | CHIX | 08:20:31 |
| 1067 | 3,177.00 | CHIX | 09:15:38 |
| 72 | 3,169.00 | CHIX | 10:17:18 |
| 70 | 3,169.00 | CHIX | 10:17:18 |
| 370 | 3,169.00 | CHIX | 10:17:18 |
| 937 | 3,168.00 | CHIX | 10:56:54 |
| 88 | 3,159.00 | CHIX | 11:59:56 |
| 873 | 3,159.00 | CHIX | 11:59:56 |
| 691 | 3,158.00 | CHIX | 13:06:13 |
| 248 | 3,158.00 | CHIX | 13:06:13 |
| 995 | 3,169.00 | CHIX | 13:55:51 |
| 536 | 3,161.00 | CHIX | 14:30:02 |
| 508 | 3,161.00 | CHIX | 14:30:02 |
| 948 | 3,160.00 | CHIX | 14:48:49 |
| 999 | 3,163.00 | CHIX | 15:03:49 |
| 992 | 3,158.00 | CHIX | 15:27:13 |
| 1040 | 3,160.00 | CHIX | 15:50:48 |
| 964 | 3,155.00 | CHIX | 16:13:22 |
| 584 | 3,155.00 | CHIX | 16:24:59 |
|---|---|---|---|
| 1050 | 3,166.00 | LSE | 08:01:07 |
| 1044 | 3,163.00 | LSE | 08:05:05 |
| 1181 | 3,162.00 | LSE | 08:26:06 |
| 3 | 3,168.00 | LSE | 08:46:45 |
| 1185 | 3,168.00 | LSE | 08:46:45 |
| 60 | 3,174.00 | LSE | 09:13:34 |
| 85 | 3,174.00 | LSE | 09:13:34 |
| 931 | 3,174.00 | LSE | 09:13:34 |
| 1126 | 3,169.00 | LSE | 09:45:10 |
| 599 | 3,161.00 | LSE | 10:05:28 |
| 554 | 3,161.00 | LSE | 10:05:28 |
| 1051 | 3,170.00 | LSE | 10:22:41 |
| 1134 | 3,170.00 | LSE | 10:35:01 |
| 1132 | 3,168.00 | LSE | 10:56:54 |
| 1081 | 3,168.00 | LSE | 11:18:15 |
| 1020 | 3,163.00 | LSE | 11:35:41 |
| 1071 | 3,162.00 | LSE | 11:46:31 |
| 676 | 3,158.00 | LSE | 12:19:42 |
| 500 | 3,158.00 | LSE | 12:19:42 |
| 1134 | 3,154.00 | LSE | 12:55:20 |
| 1126 | 3,158.00 | LSE | 13:06:13 |
| 1056 | 3,164.00 | LSE | 13:29:57 |
| 919 | 3,160.00 | LSE | 13:31:05 |
| 126 | 3,160.00 | LSE | 13:31:05 |
| 109 | 3,160.00 | LSE | 13:31:05 |
| 1148 | 3,170.00 | LSE | 13:37:00 |
| 1026 | 3,170.00 | LSE | 13:44:59 |
| 957 | 3,169.00 | LSE | 13:50:01 |
| 1094 | 3,167.00 | LSE | 13:57:20 |
| 1115 | 3,167.00 | LSE | 14:05:01 |
| 997 | 3,163.00 | LSE | 14:12:59 |
| 972 | 3,162.00 | LSE | 14:22:00 |
| 1075 | 3,163.00 | LSE | 14:27:34 |
| 959 | 3,157.00 | LSE | 14:33:19 |
| 39 | 3,157.00 | LSE | 14:33:19 |
| 1035 | 3,158.00 | LSE | 14:41:50 |
| 1164 | 3,160.00 | LSE | 14:48:49 |
| 1066 | 3,160.00 | LSE | 14:54:01 |
| 1104 | 3,161.00 | LSE | 14:57:08 |
| 1075 | 3,162.00 | LSE | 15:03:49 |
| 756 | 3,159.00 | LSE | 15:12:15 |
| 205 | 3,159.00 | LSE | 15:12:15 |
| 1188 | 3,156.00 | LSE | 15:17:44 |
| 1010 | 3,158.00 | LSE | 15:23:47 |
| 1071 | 3,159.00 | LSE | 15:31:41 |
| 624 | 3,160.00 | LSE | 15:36:27 |
| 476 | 3,160.00 | LSE | 15:36:27 |
| 1133 | 3,161.00 | LSE | 15:48:04 |
| 429 | 3,159.00 | LSE | 15:51:22 |
| 608 | 3,159.00 | LSE | 15:51:22 |
| 972 | 3,159.00 | LSE | 15:58:52 |
| 1080 | 3,158.00 | LSE | 16:07:05 |
|---|---|---|---|
| 416 | 3,155.00 | LSE | 16:10:40 |
| 707 | 3,155.00 | LSE | 16:10:40 |
| 1136 | 3,155.00 | LSE | 16:17:46 |
| 986 | 3,155.00 | LSE | 16:19:03 |
| 1133 | 3,155.00 | LSE | 16:24:59 |
| 39 | 3,156.00 | LSE | 16:27:30 |
| 1252 | 3,156.00 | LSE | 16:27:30 |
Exhibit 29
British American Tobacco p.l.c.
26 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the “Company”) announces that in accordance with the authority granted by shareholders at the Company’s Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each (“shares”) from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 25 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 112,000 |
| Highest price paid per share (pence): | 3,181.00 |
| Lowest price paid per share (pence): | 3,127.00 |
| Volume weighted average price paid per share (pence): | 3,149.7854 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,202,648,333 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA’s Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 25 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume (in number of shares) | Daily weighted average price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 25/03/2025 | 51,000 | 3,149.0736 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 25/03/2025 | 13,000 | 3,150.7393 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 25/03/2025 | 48,000 | 3,150.2833 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> purchased | Transaction price<br><br> (per share) | Market | Time of transaction |
|---|---|---|---|
| 1392 | 3,169.00 | BATE | 08:01:29 |
| 108 | 3,169.00 | BATE | 08:01:29 |
| 1096 | 3,176.00 | BATE | 08:15:10 |
| 274 | 3,176.00 | BATE | 08:15:10 |
| 610 | 3,179.00 | BATE | 08:34:02 |
| 858 | 3,179.00 | BATE | 08:34:02 |
| 229 | 3,170.00 | BATE | 08:59:31 |
| 44 | 3,170.00 | BATE | 09:02:08 |
| 593 | 3,170.00 | BATE | 09:02:08 |
| 82 | 3,170.00 | BATE | 09:02:23 |
| 496 | 3,170.00 | BATE | 09:02:45 |
| 36 | 3,178.00 | BATE | 09:23:03 |
| 33 | 3,178.00 | BATE | 09:23:03 |
| 40 | 3,178.00 | BATE | 09:23:03 |
| 33 | 3,178.00 | BATE | 09:23:03 |
| 38 | 3,178.00 | BATE | 09:23:03 |
| 39 | 3,178.00 | BATE | 09:23:03 |
| 33 | 3,178.00 | BATE | 09:23:03 |
| 1455 | 3,177.00 | BATE | 09:23:47 |
| 902 | 3,165.00 | BATE | 09:50:07 |
| 530 | 3,165.00 | BATE | 09:50:07 |
| 1363 | 3,166.00 | BATE | 10:17:10 |
| 1015 | 3,160.00 | BATE | 10:38:34 |
| 304 | 3,160.00 | BATE | 10:38:34 |
| 1298 | 3,164.00 | BATE | 10:59:55 |
| 315 | 3,162.00 | BATE | 11:26:43 |
| 1120 | 3,162.00 | BATE | 11:27:00 |
| 1064 | 3,161.00 | BATE | 11:54:40 |
| 227 | 3,161.00 | BATE | 11:54:40 |
| 1365 | 3,160.00 | BATE | 12:22:14 |
| 13 | 3,160.00 | BATE | 12:22:14 |
| 1484 | 3,160.00 | BATE | 12:42:54 |
| 1303 | 3,158.00 | BATE | 13:14:01 |
| 1282 | 3,157.00 | BATE | 13:31:28 |
| 566 | 3,153.00 | BATE | 13:49:12 |
| 495 | 3,153.00 | BATE | 13:49:12 |
| 302 | 3,153.00 | BATE | 13:49:59 |
| 1294 | 3,147.00 | BATE | 14:04:58 |
| 1424 | 3,147.00 | BATE | 14:20:15 |
| 411 | 3,143.00 | BATE | 14:29:47 |
| 1087 | 3,143.00 | BATE | 14:29:47 |
| 612 | 3,146.00 | BATE | 14:33:38 |
| 637 | 3,146.00 | BATE | 14:33:38 |
| 981 | 3,140.00 | BATE | 14:40:19 |
|---|---|---|---|
| 362 | 3,140.00 | BATE | 14:40:19 |
| 1517 | 3,136.00 | BATE | 14:47:32 |
| 1406 | 3,138.00 | BATE | 14:55:05 |
| 1310 | 3,142.00 | BATE | 15:00:52 |
| 1497 | 3,140.00 | BATE | 15:08:52 |
| 1253 | 3,136.00 | BATE | 15:18:57 |
| 637 | 3,136.00 | BATE | 15:26:33 |
| 846 | 3,136.00 | BATE | 15:26:33 |
| 321 | 3,136.00 | BATE | 15:36:28 |
| 1007 | 3,136.00 | BATE | 15:36:28 |
| 1423 | 3,133.00 | BATE | 15:48:03 |
| 1254 | 3,132.00 | BATE | 15:59:00 |
| 1261 | 3,127.00 | BATE | 16:04:25 |
| 175 | 3,129.00 | BATE | 16:09:35 |
| 41 | 3,129.00 | BATE | 16:09:35 |
| 35 | 3,129.00 | BATE | 16:09:35 |
| 39 | 3,129.00 | BATE | 16:09:35 |
| 175 | 3,130.00 | BATE | 16:10:54 |
| 36 | 3,129.00 | BATE | 16:12:39 |
| 220 | 3,129.00 | BATE | 16:12:39 |
| 36 | 3,129.00 | BATE | 16:12:39 |
| 36 | 3,129.00 | BATE | 16:12:39 |
| 38 | 3,130.00 | BATE | 16:14:31 |
| 33 | 3,130.00 | BATE | 16:14:31 |
| 33 | 3,130.00 | BATE | 16:14:31 |
| 396 | 3,130.00 | BATE | 16:14:31 |
| 220 | 3,130.00 | BATE | 16:14:31 |
| 35 | 3,130.00 | BATE | 16:18:39 |
| 220 | 3,130.00 | BATE | 16:18:39 |
| 35 | 3,130.00 | BATE | 16:18:39 |
| 39 | 3,130.00 | BATE | 16:18:39 |
| 220 | 3,130.00 | BATE | 16:18:40 |
| 35 | 3,130.00 | BATE | 16:18:40 |
| 38 | 3,130.00 | BATE | 16:18:40 |
| 39 | 3,130.00 | BATE | 16:18:40 |
| 37 | 3,131.00 | BATE | 16:20:49 |
| 220 | 3,131.00 | BATE | 16:20:49 |
| 40 | 3,131.00 | BATE | 16:20:49 |
| 41 | 3,131.00 | BATE | 16:20:49 |
| 1505 | 3,133.00 | BATE | 16:23:43 |
| 38 | 3,133.00 | BATE | 16:26:22 |
| 35 | 3,133.00 | BATE | 16:26:22 |
| 275 | 3,133.00 | BATE | 16:26:22 |
| 36 | 3,133.00 | BATE | 16:26:22 |
| 622 | 3,133.00 | BATE | 16:27:49 |
| 1005 | 3,181.00 | CHIX | 08:19:08 |
| 953 | 3,178.00 | CHIX | 09:23:03 |
|---|---|---|---|
| 1057 | 3,166.00 | CHIX | 10:17:10 |
| 984 | 3,162.00 | CHIX | 11:27:00 |
| 557 | 3,162.00 | CHIX | 12:31:13 |
| 547 | 3,162.00 | CHIX | 12:31:13 |
| 964 | 3,149.00 | CHIX | 13:39:00 |
| 1075 | 3,146.00 | CHIX | 14:25:21 |
| 932 | 3,140.00 | CHIX | 14:37:46 |
| 1023 | 3,142.00 | CHIX | 15:00:52 |
| 872 | 3,136.00 | CHIX | 15:18:56 |
| 101 | 3,136.00 | CHIX | 15:18:56 |
| 751 | 3,134.00 | CHIX | 15:43:19 |
| 304 | 3,134.00 | CHIX | 15:43:19 |
| 931 | 3,128.00 | CHIX | 16:06:43 |
| 60 | 3,131.00 | CHIX | 16:21:03 |
| 59 | 3,131.00 | CHIX | 16:21:03 |
| 62 | 3,131.00 | CHIX | 16:21:03 |
| 229 | 3,131.00 | CHIX | 16:21:03 |
| 49 | 3,134.00 | CHIX | 16:24:22 |
| 375 | 3,134.00 | CHIX | 16:24:22 |
| 110 | 3,133.00 | CHIX | 16:27:55 |
| 73 | 3,168.00 | LSE | 08:01:30 |
| 623 | 3,168.00 | LSE | 08:01:31 |
| 400 | 3,168.00 | LSE | 08:01:31 |
| 1110 | 3,181.00 | LSE | 08:19:08 |
| 1151 | 3,177.00 | LSE | 08:34:44 |
| 1109 | 3,177.00 | LSE | 09:23:47 |
| 1184 | 3,172.00 | LSE | 09:28:57 |
| 1083 | 3,165.00 | LSE | 09:47:09 |
| 1107 | 3,166.00 | LSE | 10:17:10 |
| 137 | 3,160.00 | LSE | 10:38:34 |
| 1036 | 3,160.00 | LSE | 10:38:34 |
| 1012 | 3,163.00 | LSE | 11:04:20 |
| 1172 | 3,166.00 | LSE | 11:31:55 |
| 657 | 3,162.00 | LSE | 12:03:10 |
| 491 | 3,162.00 | LSE | 12:03:10 |
| 854 | 3,161.00 | LSE | 12:33:28 |
| 126 | 3,161.00 | LSE | 12:33:28 |
| 1058 | 3,159.00 | LSE | 12:59:57 |
| 99 | 3,159.00 | LSE | 12:59:57 |
| 1013 | 3,161.00 | LSE | 13:30:30 |
| 1099 | 3,159.00 | LSE | 13:30:42 |
| 1148 | 3,155.00 | LSE | 13:32:00 |
| 1035 | 3,154.00 | LSE | 13:34:03 |
| 1160 | 3,151.00 | LSE | 13:41:28 |
| 1109 | 3,149.00 | LSE | 13:45:12 |
| 492 | 3,153.00 | LSE | 13:49:59 |
| 491 | 3,153.00 | LSE | 13:49:59 |
|---|---|---|---|
| 43 | 3,153.00 | LSE | 13:49:59 |
| 998 | 3,150.00 | LSE | 13:55:21 |
| 910 | 3,143.00 | LSE | 13:58:23 |
| 176 | 3,143.00 | LSE | 13:58:23 |
| 956 | 3,147.00 | LSE | 14:04:58 |
| 1007 | 3,147.00 | LSE | 14:08:54 |
| 792 | 3,148.00 | LSE | 14:14:09 |
| 244 | 3,148.00 | LSE | 14:14:09 |
| 497 | 3,147.00 | LSE | 14:20:12 |
| 663 | 3,147.00 | LSE | 14:20:15 |
| 986 | 3,146.00 | LSE | 14:25:21 |
| 1166 | 3,143.00 | LSE | 14:29:47 |
| 1057 | 3,143.00 | LSE | 14:35:57 |
| 1059 | 3,139.00 | LSE | 14:40:58 |
| 1007 | 3,136.00 | LSE | 14:47:32 |
| 1128 | 3,138.00 | LSE | 14:55:05 |
| 988 | 3,142.00 | LSE | 15:00:52 |
| 1048 | 3,142.00 | LSE | 15:06:21 |
| 1175 | 3,138.00 | LSE | 15:12:52 |
| 900 | 3,136.00 | LSE | 15:21:04 |
| 197 | 3,136.00 | LSE | 15:21:04 |
| 1134 | 3,136.00 | LSE | 15:27:18 |
| 56 | 3,136.00 | LSE | 15:27:18 |
| 174 | 3,137.00 | LSE | 15:36:02 |
| 909 | 3,137.00 | LSE | 15:36:02 |
| 1050 | 3,133.00 | LSE | 15:48:03 |
| 1193 | 3,132.00 | LSE | 15:59:00 |
| 1168 | 3,131.00 | LSE | 15:59:37 |
| 1139 | 3,129.00 | LSE | 16:14:59 |
| 1080 | 3,128.00 | LSE | 16:15:59 |
| 1171 | 3,131.00 | LSE | 16:22:19 |
| 1089 | 3,133.00 | LSE | 16:24:30 |
| 38 | 3,133.00 | LSE | 16:24:30 |
| 218 | 3,133.00 | LSE | 16:27:48 |
| 450 | 3,133.00 | LSE | 16:27:48 |
| 245 | 3,133.00 | LSE | 16:27:48 |
| 302 | 3,133.00 | LSE | 16:27:48 |
| 190 | 3,133.00 | LSE | 16:27:48 |
| 194 | 3,133.00 | LSE | 16:27:48 |
| 174 | 3,133.00 | LSE | 16:27:48 |
Exhibit 30
British American Tobacco p.l.c.
27 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each ("shares") from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 26 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 112,000 |
| Highest price paid per share (pence): | 3,157.00 |
| Lowest price paid per share (pence): | 3,099.00 |
| Volume weighted average price paid per share (pence): | 3,132.7244 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,202,536,333 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 26 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume<br><br> <br>(in number of shares) | Daily weighted average<br><br> <br>price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 26/03/2025 | 51,000 | 3,131.2390 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 26/03/2025 | 13,000 | 3,134.2405 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 26/03/2025 | 48,000 | 3,133.8919 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 1460 | 3,157.00 | BATE | 08:01:15 |
| 1501 | 3,148.00 | BATE | 08:15:18 |
| 452 | 3,136.00 | BATE | 08:34:50 |
| 819 | 3,136.00 | BATE | 08:34:50 |
| 1440 | 3,141.00 | BATE | 08:57:23 |
| 1280 | 3,134.00 | BATE | 09:20:01 |
| 1287 | 3,142.00 | BATE | 09:40:40 |
| 970 | 3,139.00 | BATE | 10:04:46 |
| 268 | 3,139.00 | BATE | 10:04:46 |
| 1501 | 3,142.00 | BATE | 10:20:12 |
| 34 | 3,140.00 | BATE | 10:49:26 |
| 1235 | 3,140.00 | BATE | 10:49:26 |
| 692 | 3,133.00 | BATE | 11:11:52 |
| 730 | 3,133.00 | BATE | 11:11:52 |
| 1528 | 3,128.00 | BATE | 11:41:28 |
| 849 | 3,112.00 | BATE | 12:07:10 |
| 637 | 3,112.00 | BATE | 12:07:10 |
| 530 | 3,104.00 | BATE | 12:36:05 |
| 495 | 3,104.00 | BATE | 12:43:25 |
| 352 | 3,104.00 | BATE | 12:43:25 |
| 1404 | 3,102.00 | BATE | 13:04:14 |
| 82 | 3,115.00 | BATE | 13:30:08 |
| 39 | 3,115.00 | BATE | 13:30:08 |
| 871 | 3,120.00 | BATE | 13:30:59 |
| 588 | 3,120.00 | BATE | 13:30:59 |
| 1133 | 3,137.00 | BATE | 13:47:32 |
| 390 | 3,137.00 | BATE | 13:47:32 |
| 1469 | 3,131.00 | BATE | 14:05:44 |
| 1362 | 3,132.00 | BATE | 14:24:46 |
| 84 | 3,131.00 | BATE | 14:30:02 |
| 1361 | 3,131.00 | BATE | 14:31:26 |
| 32 | 3,131.00 | BATE | 14:31:27 |
| 462 | 3,131.00 | BATE | 14:34:52 |
| 253 | 3,131.00 | BATE | 14:35:00 |
| 637 | 3,131.00 | BATE | 14:35:00 |
| 26 | 3,132.00 | BATE | 14:45:32 |
| 1416 | 3,135.00 | BATE | 14:46:57 |
| 1210 | 3,135.00 | BATE | 14:48:17 |
| 20 | 3,135.00 | BATE | 14:48:19 |
| 71 | 3,135.00 | BATE | 14:49:03 |
| 24 | 3,132.00 | BATE | 14:56:21 |
| 490 | 3,132.00 | BATE | 14:58:23 |
| 637 | 3,132.00 | BATE | 14:58:23 |
| 351 | 3,132.00 | BATE | 14:58:23 |
|---|---|---|---|
| 440 | 3,133.00 | BATE | 15:02:42 |
| 670 | 3,133.00 | BATE | 15:02:42 |
| 166 | 3,133.00 | BATE | 15:02:42 |
| 1159 | 3,136.00 | BATE | 15:09:58 |
| 295 | 3,136.00 | BATE | 15:09:58 |
| 42 | 3,136.00 | BATE | 15:10:21 |
| 73 | 3,131.00 | BATE | 15:19:29 |
| 204 | 3,131.00 | BATE | 15:19:42 |
| 1165 | 3,131.00 | BATE | 15:19:42 |
| 1528 | 3,130.00 | BATE | 15:31:14 |
| 1462 | 3,135.00 | BATE | 15:40:17 |
| 1246 | 3,139.00 | BATE | 15:50:43 |
| 621 | 3,143.00 | BATE | 15:57:49 |
| 680 | 3,143.00 | BATE | 15:57:49 |
| 1363 | 3,141.00 | BATE | 16:05:53 |
| 1248 | 3,140.00 | BATE | 16:13:38 |
| 114 | 3,141.00 | BATE | 16:18:19 |
| 1336 | 3,141.00 | BATE | 16:18:19 |
| 1002 | 3,144.00 | BATE | 16:26:00 |
| 41 | 3,144.00 | BATE | 16:27:22 |
| 167 | 3,144.00 | BATE | 16:27:22 |
| 40 | 3,144.00 | BATE | 16:27:24 |
| 167 | 3,144.00 | BATE | 16:27:24 |
| 30 | 3,144.00 | BATE | 16:27:29 |
| 167 | 3,144.00 | BATE | 16:27:31 |
| 102 | 3,145.00 | BATE | 16:28:01 |
| 652 | 3,145.00 | CHIX | 08:17:42 |
| 270 | 3,145.00 | CHIX | 08:17:42 |
| 299 | 3,135.00 | CHIX | 09:12:20 |
| 637 | 3,135.00 | CHIX | 09:12:20 |
| 229 | 3,141.00 | CHIX | 10:10:38 |
| 953 | 3,142.00 | CHIX | 10:20:12 |
| 1137 | 3,124.00 | CHIX | 11:25:32 |
| 1141 | 3,105.00 | CHIX | 12:43:06 |
| 990 | 3,137.00 | CHIX | 13:49:35 |
| 205 | 3,131.00 | CHIX | 14:29:37 |
| 101 | 3,131.00 | CHIX | 14:29:37 |
| 482 | 3,131.00 | CHIX | 14:31:26 |
| 328 | 3,131.00 | CHIX | 14:31:27 |
| 149 | 3,131.00 | CHIX | 14:31:29 |
| 1126 | 3,135.00 | CHIX | 14:46:57 |
| 4 | 3,144.00 | CHIX | 15:08:40 |
| 960 | 3,144.00 | CHIX | 15:08:40 |
| 1094 | 3,131.00 | CHIX | 15:32:08 |
| 308 | 3,144.00 | CHIX | 16:00:21 |
| 637 | 3,144.00 | CHIX | 16:00:21 |
| 583 | 3,142.00 | CHIX | 16:17:11 |
|---|---|---|---|
| 321 | 3,142.00 | CHIX | 16:22:54 |
| 290 | 3,144.00 | CHIX | 16:25:15 |
| 104 | 3,144.00 | CHIX | 16:25:15 |
| 1045 | 3,153.00 | LSE | 08:00:22 |
| 977 | 3,150.00 | LSE | 08:03:49 |
| 946 | 3,143.00 | LSE | 08:19:41 |
| 187 | 3,143.00 | LSE | 08:19:41 |
| 1127 | 3,139.00 | LSE | 08:37:22 |
| 419 | 3,141.00 | LSE | 08:52:43 |
| 632 | 3,141.00 | LSE | 08:52:43 |
| 1182 | 3,135.00 | LSE | 09:12:20 |
| 267 | 3,134.00 | LSE | 09:36:21 |
| 218 | 3,134.00 | LSE | 09:36:21 |
| 82 | 3,134.00 | LSE | 09:36:21 |
| 1041 | 3,143.00 | LSE | 09:45:04 |
| 1007 | 3,142.00 | LSE | 10:20:12 |
| 1096 | 3,140.00 | LSE | 10:51:08 |
| 961 | 3,129.00 | LSE | 11:19:02 |
| 1034 | 3,124.00 | LSE | 11:25:32 |
| 1064 | 3,119.00 | LSE | 11:32:11 |
| 1120 | 3,130.00 | LSE | 11:44:03 |
| 1156 | 3,114.00 | LSE | 11:58:06 |
| 863 | 3,108.00 | LSE | 12:12:33 |
| 254 | 3,108.00 | LSE | 12:12:33 |
| 1027 | 3,099.00 | LSE | 12:20:08 |
| 1094 | 3,102.00 | LSE | 12:33:00 |
| 382 | 3,103.00 | LSE | 12:56:46 |
| 753 | 3,103.00 | LSE | 12:56:46 |
| 1019 | 3,107.00 | LSE | 13:18:55 |
| 1173 | 3,119.00 | LSE | 13:31:21 |
| 100 | 3,118.00 | LSE | 13:31:30 |
| 975 | 3,118.00 | LSE | 13:31:30 |
| 82 | 3,118.00 | LSE | 13:31:30 |
| 1003 | 3,128.00 | LSE | 13:33:52 |
| 695 | 3,124.00 | LSE | 13:41:14 |
| 372 | 3,124.00 | LSE | 13:41:14 |
| 1005 | 3,136.00 | LSE | 13:47:57 |
| 1078 | 3,139.00 | LSE | 13:53:52 |
| 1060 | 3,136.00 | LSE | 13:58:17 |
| 174 | 3,133.00 | LSE | 14:02:48 |
| 990 | 3,133.00 | LSE | 14:02:48 |
| 225 | 3,130.00 | LSE | 14:09:24 |
| 1000 | 3,129.00 | LSE | 14:11:32 |
| 967 | 3,132.00 | LSE | 14:20:55 |
| 964 | 3,132.00 | LSE | 14:24:46 |
| 861 | 3,130.00 | LSE | 14:30:16 |
| 261 | 3,130.00 | LSE | 14:31:53 |
|---|---|---|---|
| 1009 | 3,131.00 | LSE | 14:43:12 |
| 1155 | 3,133.00 | LSE | 14:50:32 |
| 973 | 3,134.00 | LSE | 15:00:21 |
| 1094 | 3,145.00 | LSE | 15:08:40 |
| 1188 | 3,133.00 | LSE | 15:16:04 |
| 1003 | 3,131.00 | LSE | 15:23:53 |
| 1002 | 3,130.00 | LSE | 15:31:14 |
| 1014 | 3,130.00 | LSE | 15:36:51 |
| 960 | 3,138.00 | LSE | 15:45:07 |
| 1061 | 3,139.00 | LSE | 15:50:43 |
| 1132 | 3,143.00 | LSE | 15:57:49 |
| 1067 | 3,140.00 | LSE | 16:04:11 |
| 1167 | 3,141.00 | LSE | 16:11:44 |
| 1108 | 3,141.00 | LSE | 16:18:19 |
| 87 | 3,141.00 | LSE | 16:22:52 |
| 161 | 3,141.00 | LSE | 16:22:53 |
| 184 | 3,141.00 | LSE | 16:22:53 |
| 418 | 3,141.00 | LSE | 16:22:53 |
| 191 | 3,141.00 | LSE | 16:22:53 |
| 596 | 3,144.00 | LSE | 16:27:28 |
| 492 | 3,144.00 | LSE | 16:27:28 |
Exhibit 31
British American Tobacco p.l.c.
TR-1: Notification of major holdings
| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached^ii^: | British American Tobacco p.l.c. |
|---|---|
| 1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate) | |
| --- | |
| Non-UK issuer | |
| 2. Reason for the notification (please mark the appropriate box or boxes with an “X”) | |
| --- | --- |
| An acquisition or disposal of voting rights | X |
| An acquisition or disposal of financial instruments | |
| An event changing the breakdown of voting rights | |
| Other (please specify)^iii^: | |
| 3. Details of person subject to the notification obligation^iv^ | |
| --- | --- |
| Name | Spring Mountain Investments Ltd |
| City and country of registered office (if applicable) | Camana Bay, George Town, Cayman Islands |
| 4. Full name of shareholder(s) (if different from 3)^v^ | |
| Name | LBS Limited |
| City and country of registered office (if applicable) | George Town, Grand Cayman, Cayman Islands |
| Name | Seneca Investments Limited |
| City and country of registered office (if applicable) | George Town, Grand Cayman, Cayman Islands |
| Name | Clarendon Hills Ltd |
| City and country of registered office (if applicable) | George Town, Grand Cayman, Cayman Islands |
| Name | Northfield Investments Limited |
| City and country of registered office (if applicable) | George Town, Grand Cayman, Cayman Islands |
| Name | |
| City and country of registered office (if applicable) | |
| 5. Date on which the threshold was crossed or reached^vi^: | 24/03/2025 |
| 6. Date on which issuer notified (DD/MM/YYYY): | 26/03/2025 |
| 7. Total positions of person(s) subject to the notification obligation | |||||
|---|---|---|---|---|---|
| % of voting rights<br><br> <br>attached to shares<br><br> <br>(total of 8. A) | % of voting rights through<br><br> <br>financial instruments<br><br> <br>(total of 8.B 1 + 8.B 2) | Total of both in %<br><br> <br>(8.A + 8.B) | Total number of<br><br> <br>voting rights of issuer^vii^ | ||
| Resulting situation on the date on which threshold was crossed or reached | 10.472723 | 0.000000 | 10.472723 | 230,700,705 | |
| Position of previous notification<br><br> <br>(if applicable) | 10.372682 | 0.000000 | 10.372682 | ||
| 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached^viii^ | |||||
| --- | --- | --- | --- | --- | |
| A: Voting rights attached to shares | |||||
| Class/type of shares<br><br> <br>ISIN code<br><br> <br>(if possible) | Number of voting rights^ix^ | % of voting rights | |||
| Direct<br><br> <br>(Art 9 of Directive<br><br> <br>2004/109/EC)<br><br> <br>(DTR5.1) | Indirect<br><br> <br>(Art 10 of Directive<br><br> <br>2004/109/EC)<br><br> <br>(DTR5.2.1) | Direct<br><br> <br>(Art 9 of Directive<br><br> <br>2004/109/EC)<br><br> <br>(DTR5.1) | Indirect<br><br> <br>(Art 10 of Directive<br><br> <br>2004/109/EC)<br><br> <br>(DTR5.2.1) | ||
| GB0002875804 Common Stock | 223,150,211 | 0 | 10.129966 | 0.000000 | |
| US1104481072 Depository Receipt | 7,550,494 | 0 | 0.342757 | 0.000000 | |
| SUBTOTAL 8. A | 230,700,705 | 10.472723% | |||
| B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | |||||
| --- | --- | --- | --- | --- | |
| Type of financial instrument | Expiration<br><br> <br>date^x^ | Exercise/Conversion Period^xi^ | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |
| N/A | |||||
| SUBTOTAL 8. B 1 | |||||
| B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) | |||||
| --- | --- | --- | --- | --- | --- |
| Type of financial instrument | Expiration date^x^ | Exercise/Conversion Period ^xi^ | Physical or cash settlement^xii^ | Number of voting rights | % of voting rights |
| SUBTOTAL 8.B.2 |
| 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”) | ||||
|---|---|---|---|---|
| Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer^xiii^ | ||||
| Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity^xiv^(please add additional rows as necessary) | X | |||
| Name^xv^ | Name of<br><br> <br>controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals<br><br> <br>or is higher than the <br><br> notifiable threshold |
| --- | --- | --- | --- | --- |
| Kenneth Bryan Dart | 0.000000 | 0.000000 | 0.000000% | |
| Kenneth Bryan Dart | Portfolio Services Ltd | 0.000000 | 0.000000 | 0.000000% |
| Kenneth Bryan Dart | LBS Limited | 0.000000 | 0.000000 | 0.000000% |
| Kenneth Bryan Dart | Northfield Investments Limited | 0.000000 | 0.000000 | 0.000000% |
| Kenneth Bryan Dart | Seneca Investments Limited | 0.000000 | 0.000000 | 0.000000% |
| Kenneth Bryan Dart | Spring Mountain Investments Ltd | 7.969659 | 0.000000 | 7.969659% |
| Kenneth Bryan Dart | Clarendon Hills Ltd | 0.000000 | 0.000000 | 0.000000% |
| 10. In case of proxy voting, please identify: | ||||
| --- | ||||
| Name of the proxy holder | ||||
| The number and % of voting rights held | ||||
| The date until which the voting rights will be held | ||||
| 11. Additional information^xvi^ | ||||
| --- | ||||
| N/A | ||||
| Place of completion | Grand Cayman, Cayman Islands | |||
| --- | --- | |||
| Date of completion | 26 March 2025 |
Name of duly authorised officer of issuer responsible for making notification:
Nancy Jiang
Assistant Secretary
British American Tobacco p.l.c.
27 March 2025
Enquiries:
British American Tobacco Media Centre
+44 (0)20 7845 2888 (24 hours) │@BATPlc
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Exhibit 32
British American Tobacco p.l.c.
28 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each ("shares") from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 27 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 132,272 |
| Highest price paid per share (pence): | 3,112.00 |
| Lowest price paid per share (pence): | 3,076.00 |
| Volume weighted average price paid per share (pence): | 3,099.6522p |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,202,404,061 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,255,156 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 27 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume<br><br> <br>(in number of shares) | Daily weighted average<br><br> <br>price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 27/03/2025 | 66,482 | 3,099.9737 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 27/03/2025 | 14,005 | 3,100.4641 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 27/03/2025 | 51,785 | 3,099.0198 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 1504 | 3,080.00 | BATE | 08:00:27 |
| 1229 | 3,102.00 | BATE | 08:11:42 |
| 574 | 3,098.00 | BATE | 08:24:31 |
| 677 | 3,098.00 | BATE | 08:24:31 |
| 1 | 3,094.00 | BATE | 08:37:53 |
| 1372 | 3,094.00 | BATE | 08:40:09 |
| 40 | 3,094.00 | BATE | 08:40:14 |
| 1514 | 3,084.00 | BATE | 09:01:20 |
| 737 | 3,087.00 | BATE | 09:19:55 |
| 255 | 3,087.00 | BATE | 09:27:42 |
| 174 | 3,087.00 | BATE | 09:27:42 |
| 161 | 3,087.00 | BATE | 09:27:42 |
| 329 | 3,087.00 | BATE | 09:40:52 |
| 84 | 3,087.00 | BATE | 09:40:53 |
| 352 | 3,087.00 | BATE | 09:40:53 |
| 591 | 3,087.00 | BATE | 09:40:57 |
| 1113 | 3,088.00 | BATE | 09:59:20 |
| 134 | 3,088.00 | BATE | 09:59:20 |
| 143 | 3,094.00 | BATE | 10:18:20 |
| 242 | 3,094.00 | BATE | 10:19:34 |
| 1436 | 3,097.00 | BATE | 10:28:38 |
| 1393 | 3,094.00 | BATE | 10:41:37 |
| 1234 | 3,091.00 | BATE | 11:04:34 |
| 935 | 3,087.00 | BATE | 11:24:32 |
| 455 | 3,087.00 | BATE | 11:24:32 |
| 1468 | 3,092.00 | BATE | 11:55:18 |
| 1441 | 3,088.00 | BATE | 12:08:02 |
| 1491 | 3,090.00 | BATE | 12:35:05 |
| 154 | 3,090.00 | BATE | 12:56:05 |
| 1307 | 3,090.00 | BATE | 12:57:03 |
| 135 | 3,088.00 | BATE | 13:22:42 |
| 1455 | 3,090.00 | BATE | 13:29:56 |
| 250 | 3,100.00 | BATE | 13:37:01 |
| 136 | 3,100.00 | BATE | 13:37:01 |
| 826 | 3,100.00 | BATE | 13:37:01 |
| 188 | 3,100.00 | BATE | 13:37:05 |
| 4 | 3,110.00 | BATE | 13:56:33 |
| 167 | 3,110.00 | BATE | 13:56:33 |
| 1270 | 3,111.00 | BATE | 13:57:17 |
| 793 | 3,109.00 | BATE | 14:11:40 |
| 445 | 3,109.00 | BATE | 14:11:40 |
| 1309 | 3,106.00 | BATE | 14:21:03 |
| 298 | 3,106.00 | BATE | 14:28:49 |
| 1054 | 3,106.00 | BATE | 14:28:49 |
| 1259 | 3,103.00 | BATE | 14:32:45 |
|---|---|---|---|
| 1443 | 3,101.00 | BATE | 14:33:50 |
| 1453 | 3,101.00 | BATE | 14:43:12 |
| 1497 | 3,101.00 | BATE | 14:46:42 |
| 1259 | 3,102.00 | BATE | 14:54:44 |
| 218 | 3,104.00 | BATE | 14:59:46 |
| 235 | 3,104.00 | BATE | 14:59:46 |
| 142 | 3,104.00 | BATE | 14:59:46 |
| 123 | 3,104.00 | BATE | 14:59:46 |
| 151 | 3,104.00 | BATE | 14:59:46 |
| 132 | 3,104.00 | BATE | 14:59:46 |
| 153 | 3,104.00 | BATE | 14:59:46 |
| 151 | 3,104.00 | BATE | 14:59:46 |
| 132 | 3,104.00 | BATE | 14:59:46 |
| 316 | 3,106.00 | BATE | 15:07:53 |
| 1006 | 3,106.00 | BATE | 15:07:53 |
| 121 | 3,109.00 | BATE | 15:12:21 |
| 666 | 3,109.00 | BATE | 15:12:26 |
| 99 | 3,109.00 | BATE | 15:12:32 |
| 495 | 3,109.00 | BATE | 15:12:32 |
| 1493 | 3,111.00 | BATE | 15:22:56 |
| 143 | 3,109.00 | BATE | 15:28:14 |
| 1524 | 3,112.00 | BATE | 15:30:57 |
| 1367 | 3,112.00 | BATE | 15:38:36 |
| 295 | 3,111.00 | BATE | 15:46:02 |
| 41 | 3,111.00 | BATE | 15:46:02 |
| 155 | 3,111.00 | BATE | 15:46:02 |
| 192 | 3,111.00 | BATE | 15:46:02 |
| 1307 | 3,108.00 | BATE | 15:52:34 |
| 1303 | 3,109.00 | BATE | 16:00:59 |
| 82 | 3,110.00 | BATE | 16:08:04 |
| 239 | 3,110.00 | BATE | 16:08:04 |
| 272 | 3,110.00 | BATE | 16:09:08 |
| 113 | 3,110.00 | BATE | 16:09:08 |
| 1338 | 3,109.00 | BATE | 16:09:29 |
| 166 | 3,105.00 | CHIX | 08:19:08 |
| 816 | 3,105.00 | CHIX | 08:19:46 |
| 181 | 3,105.00 | CHIX | 08:19:46 |
| 1098 | 3,090.00 | CHIX | 09:14:05 |
| 144 | 3,090.00 | CHIX | 09:14:05 |
| 4 | 3,094.00 | CHIX | 10:19:34 |
| 80 | 3,094.00 | CHIX | 10:25:33 |
| 1249 | 3,096.00 | CHIX | 10:30:11 |
| 550 | 3,088.00 | CHIX | 11:43:47 |
| 551 | 3,088.00 | CHIX | 12:08:02 |
| 1145 | 3,091.00 | CHIX | 12:44:30 |
| 1097 | 3,099.00 | CHIX | 13:42:44 |
| 1075 | 3,107.00 | CHIX | 14:25:25 |
|---|---|---|---|
| 756 | 3,101.00 | CHIX | 14:37:33 |
| 279 | 3,101.00 | CHIX | 14:37:33 |
| 1040 | 3,102.00 | CHIX | 14:54:44 |
| 926 | 3,109.00 | CHIX | 15:12:21 |
| 1002 | 3,112.00 | CHIX | 15:30:57 |
| 997 | 3,108.00 | CHIX | 15:54:38 |
| 849 | 3,105.00 | CHIX | 16:13:45 |
| 1129 | 3,076.00 | LSE | 08:00:35 |
| 406 | 3,099.00 | LSE | 08:10:41 |
| 151 | 3,099.00 | LSE | 08:10:41 |
| 410 | 3,099.00 | LSE | 08:10:41 |
| 931 | 3,100.00 | LSE | 08:23:06 |
| 1137 | 3,095.00 | LSE | 08:40:05 |
| 961 | 3,084.00 | LSE | 09:01:20 |
| 407 | 3,083.00 | LSE | 09:05:03 |
| 1102 | 3,089.00 | LSE | 09:16:42 |
| 956 | 3,087.00 | LSE | 09:42:54 |
| 180 | 3,087.00 | LSE | 10:02:04 |
| 791 | 3,087.00 | LSE | 10:02:04 |
| 1060 | 3,092.00 | LSE | 10:14:55 |
| 1050 | 3,096.00 | LSE | 10:35:26 |
| 1079 | 3,093.00 | LSE | 10:52:53 |
| 1011 | 3,088.00 | LSE | 11:12:07 |
| 1086 | 3,087.00 | LSE | 11:24:32 |
| 402 | 3,087.00 | LSE | 11:24:32 |
| 1009 | 3,084.00 | LSE | 11:27:36 |
| 1118 | 3,092.00 | LSE | 11:55:18 |
| 921 | 3,090.00 | LSE | 11:57:29 |
| 938 | 3,090.00 | LSE | 12:19:00 |
| 435 | 3,089.00 | LSE | 12:30:10 |
| 534 | 3,089.00 | LSE | 12:30:10 |
| 928 | 3,092.00 | LSE | 12:44:00 |
| 944 | 3,090.00 | LSE | 12:57:03 |
| 1048 | 3,089.00 | LSE | 13:14:19 |
| 386 | 3,089.00 | LSE | 13:14:19 |
| 1011 | 3,090.00 | LSE | 13:25:44 |
| 1034 | 3,093.00 | LSE | 13:31:04 |
| 1046 | 3,092.00 | LSE | 13:31:17 |
| 908 | 3,095.00 | LSE | 13:35:00 |
| 177 | 3,095.00 | LSE | 13:35:00 |
| 1008 | 3,101.00 | LSE | 13:40:28 |
| 1026 | 3,103.00 | LSE | 13:45:40 |
| 1065 | 3,101.00 | LSE | 13:49:39 |
| 1058 | 3,110.00 | LSE | 13:57:17 |
| 999 | 3,109.00 | LSE | 14:00:14 |
| 1005 | 3,109.00 | LSE | 14:05:19 |
| 377 | 3,108.00 | LSE | 14:12:23 |
|---|---|---|---|
| 585 | 3,108.00 | LSE | 14:12:23 |
| 1062 | 3,106.00 | LSE | 14:21:03 |
| 1026 | 3,107.00 | LSE | 14:25:25 |
| 1041 | 3,106.00 | LSE | 14:28:49 |
| 1045 | 3,103.00 | LSE | 14:32:45 |
| 243 | 3,100.00 | LSE | 14:33:55 |
| 379 | 3,100.00 | LSE | 14:33:55 |
| 100 | 3,100.00 | LSE | 14:33:55 |
| 1110 | 3,101.00 | LSE | 14:37:33 |
| 1077 | 3,102.00 | LSE | 14:46:33 |
| 1025 | 3,103.00 | LSE | 14:50:52 |
| 1044 | 3,102.00 | LSE | 14:54:44 |
| 496 | 3,104.00 | LSE | 14:59:45 |
| 500 | 3,104.00 | LSE | 14:59:46 |
| 13 | 3,104.00 | LSE | 14:59:46 |
| 1012 | 3,106.00 | LSE | 15:07:57 |
| 927 | 3,109.00 | LSE | 15:12:21 |
| 924 | 3,110.00 | LSE | 15:14:45 |
| 233 | 3,111.00 | LSE | 15:22:56 |
| 296 | 3,111.00 | LSE | 15:22:56 |
| 247 | 3,111.00 | LSE | 15:22:56 |
| 140 | 3,111.00 | LSE | 15:22:56 |
| 204 | 3,111.00 | LSE | 15:22:56 |
| 1082 | 3,112.00 | LSE | 15:30:57 |
| 384 | 3,111.00 | LSE | 15:31:31 |
| 962 | 3,112.00 | LSE | 15:34:59 |
| 150 | 3,111.00 | LSE | 15:40:34 |
| 874 | 3,111.00 | LSE | 15:40:34 |
| 962 | 3,110.00 | LSE | 15:46:40 |
| 157 | 3,110.00 | LSE | 15:46:40 |
| 1089 | 3,108.00 | LSE | 15:52:34 |
| 995 | 3,109.00 | LSE | 16:00:59 |
| 989 | 3,108.00 | LSE | 16:02:05 |
| 1021 | 3,109.00 | LSE | 16:09:29 |
| 72 | 3,105.00 | LSE | 16:12:52 |
| 994 | 3,105.00 | LSE | 16:12:52 |
| 997 | 3,105.00 | LSE | 16:17:03 |
| 1049 | 3,105.00 | LSE | 16:17:03 |
| 1027 | 3,105.00 | LSE | 16:19:46 |
| 969 | 3,106.00 | LSE | 16:19:46 |
| 988 | 3,106.00 | LSE | 16:20:26 |
| 374 | 3,108.00 | LSE | 16:23:25 |
| 637 | 3,108.00 | LSE | 16:23:25 |
| 318 | 3,108.00 | LSE | 16:24:06 |
| 923 | 3,108.00 | LSE | 16:24:06 |
| 662 | 3,108.00 | LSE | 16:24:06 |
| 376 | 3,108.00 | LSE | 16:24:36 |
|---|---|---|---|
| 380 | 3,108.00 | LSE | 16:24:36 |
| 95 | 3,107.00 | LSE | 16:27:20 |
| 3 | 3,107.00 | LSE | 16:28:35 |
Exhibit 33
British American Tobacco p.l.c.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
On 25 March 2025 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 Executive Director and persons discharging managerial responsibilities under the 2022 Deferred Share Bonus Scheme. Subsequent sales of shares are also set out below.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Tadeu Marroco | |
| 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<br> conducted | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 20,325 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 20,325<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 9,555 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 9,555<br> <br> 299,644.80 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 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 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<br> conducted | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 11,837 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 11,837<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5,566 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5,566<br> <br> 174,549.76 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | James Barrett | |
| 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<br> conducted | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 6,058 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 6,058<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares on vesting of 2022 Deferred Share Bonus Scheme, including to meet tax liability arising | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 6,058 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 6,058<br> <br> 189,978.88 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Luciano Comin | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Marketing 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<br> conducted | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 11,029 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 11,029<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5,186 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5,186<br> <br> 162,632.96 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Michael Dijanosic | |
| 2 | Reason for the notification | ||
| a) | Position/status | Regional Director, Asia-Pacific, 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<br> conducted | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 9,627 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 9,627<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 4,527 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 4,527<br> <br> 141,966.72 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Javed Iqbal | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director, Digital and Information | |
| 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<br> conducted | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5,115 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5,115<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 2,406 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 2,406<br> <br> 75,452.16 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Zafar Khan | |
| 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 | 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<br> conducted | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 9,627 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 9,627<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 4,527 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 4,527<br> <br> 141,966.72 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Paul McCrory | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director, Corporate and Regulatory Affairs | |
| 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<br> conducted | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 3,106 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 3,106<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 1,462 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 1,462<br> <br> 45,848.32 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Fred Monteiro | |
| 2 | Reason for the notification | ||
| a) | Position/status | Regional Director, Americas & 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<br> conducted | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5,191 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5,191<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 2,442 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 2,442<br> <br> 76,581.12 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 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<br> conducted | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 2,343 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 2,343<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 1,104 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 1,104<br> <br> 34,621.44 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Johan Vandermeulen | |
| 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<br> conducted | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 12,708 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 12,708<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5,975 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5,975<br> <br> 187,376.00 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | David Waterfield | |
| 2 | Reason for the notification | ||
| a) | Position/status | President and CEO, Reynolds American Inc. | |
| 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<br> conducted | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 6,346 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 6,346<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 2,985 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 2,985<br> <br> 93,609.60 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Kingsley Wheaton | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Corporate 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<br> conducted | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 14,851 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 14,851<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Deferred Share Bonus Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 6,982 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 6,982<br> <br> 218,955.52 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Name of officer of issuer responsible for making notification: Nancy Jiang<br><br> <br>Date of notification: 28 March 2025 |
|---|
Exhibit 34
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 25 March 2025 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 persons discharging managerial responsibilities under the 2022 Long-Term Incentive Plan. Subsequent sales of shares are also set out below.
| 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 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 | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 14,677 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 14,677<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 6,901 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 6,901<br> <br> 216,415.36 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | James Barrett | |
| 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 | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5,120 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5,120<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 2,409 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 2,409<br> <br> 75,546.24 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Luciano Comin | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Marketing 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 13,674 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 13,674<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 6,429 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 6,429<br> <br> 201,613.44 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Michael Dijanosic | |
| 2 | Reason for the notification | ||
| a) | Position/status | Regional Director, Asia-Pacific, 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 | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 12,316 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 12,316<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5,791 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5,791<br> <br> 181,605.76 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Javed Iqbal | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director, Digital and Information | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 9,496 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 9,496<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 4,466 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 4,466<br> <br> 140,053.76 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Zafar Khan | |
| 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 | 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 12,316 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 12,316<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5,791 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5,791<br> <br> 181,605.76 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Paul McCrory | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director, Corporate and Regulatory Affairs | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 3,231 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 3,231<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 1,521 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 1,521<br> <br> 47,698.56 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Fred Monteiro | |
| 2 | Reason for the notification | ||
| a) | Position/status | Regional Director, Americas & 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 | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5,428 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5,428<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 2,554 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 2,554<br> <br> 80,093.44 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 2,393 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 2,393<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 1,127 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 1,127<br> <br> 35,342.72 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Johan Vandermeulen | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 15,867 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 15,867<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 7,460 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 7,460<br> <br> 233,945.60 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | David Waterfield | |
| 2 | Reason for the notification | ||
| a) | Position/status | President and CEO, Reynolds American Inc. | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5,389 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5,389<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 2,535 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 2,535<br> <br> 79,497.60 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Kingsley Wheaton | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Corporate 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 18,414 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 18,414<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 8,657 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 8,657<br> <br> 271,483.52 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Name of officer of issuer responsible for making notification: Nancy Jiang |
|---|
| Date of notification: 28 March 2025 |
Exhibit 35
British American Tobacco p.l.c.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
On 25 March 2025 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 persons discharging managerial responsibilities under the 2022 Restricted Share Plan. Subsequent sales of shares are also set out below.
| 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 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 | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 8,981 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 8,981<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 4,223 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 4,223<br> <br> 132,433.28 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | James Barrett | |
| 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 | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 4,132 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 4,132<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 1,944 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 1,944<br> <br> 60,963.84 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Luciano Comin | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Marketing 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 8,367 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 8,367<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 3,935 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 3,935<br> <br> 123,401.60 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Michael Dijanosic | |
| 2 | Reason for the notification | ||
| a) | Position/status | Regional Director, Asia-Pacific, 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 | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 7,537 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 7,537<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 3,545 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 3,545<br> <br> 111,171.20 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Javed Iqbal | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director, Digital and Information | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5,838 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5,838<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 2,746 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 2,746<br> <br> 86,114.56 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Zafar Khan | |
| 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 | 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 7,537 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 7,537<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 3,545 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 3,545<br> <br> 111,171.20 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Paul McCrory | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director, Corporate and Regulatory Affairs | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 2,768 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 2,768<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 1,303 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 1,303<br> <br> 40,862.08 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Fred Monteiro | |
| 2 | Reason for the notification | ||
| a) | Position/status | Regional Director, Americas & 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 | ||
| Transaction 1 | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 3,459 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 3,459<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 1,628 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 1,628<br> <br> 51,054.08 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 1,553 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 1,553<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 732 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 732<br> <br> 22,955.52 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Johan Vandermeulen | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 9,709 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 9,709<br> <br> nil | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 4,566 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 4,566<br> <br> 143,189.76 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | David Waterfield | |
| 2 | Reason for the notification | ||
| a) | Position/status | President and CEO, Reynolds American Inc. | |
| 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 3,434 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 3,434<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 1,616 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 1,616<br> <br> 50,677.76 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name | Kingsley Wheaton | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Corporate 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<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Shares released under the 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 11,268 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 11,268<br> <br> nil | |
| e) | Date of the transaction | 2025-03-25 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Transaction 2 | |||
|---|---|---|---|
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br> <br> GB0002875804 | |
| b) | Nature of the transaction | Sale of shares to meet tax liability arising on vesting of 2022 Restricted Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 5,298 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5,298<br> <br> 166,145.28 | |
| e) | Date of the transaction | 2025-03-26 | |
| f) | Place of the transaction | Outside a trading venue |
All values are in British Pounds.
| Name of officer of issuer responsible for making notification: Nancy Jiang |
|---|
| Date of notification: 28 March 2025 |
Exhibit 36
British American Tobacco p.l.c.
31 March 2025
TRANSACTION IN OWN SHARES
British American Tobacco p.l.c. (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 24 April 2024 it purchased the following number of its ordinary shares of 25 pence each ("shares") from UBS AG as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 28 March 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 130,932 |
| Highest price paid per share (pence): | 3,140.00 |
| Lowest price paid per share (pence): | 3,115.00 |
| Volume weighted average price paid per share (pence): | 3,131.3859 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,202,512,986 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,015,299 ordinary shares in treasury. This information may be used by shareholders to determine whether they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 28 March 2025 is set out below.
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com
Schedule of purchases - aggregate information
| Issuer name | ISIN Code | Transaction date | Daily total volume (in number of shares) | Daily weighted average price of shares acquired | Platform |
|---|---|---|---|---|---|
| British American Tobacco p.l.c. | GB0002875804 | 28/03/2025 | 61,710 | 3,131.1232 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 28/03/2025 | 14,132 | 3,132.1543 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 28/03/2025 | 55,090 | 3,131.4831 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 13 | 3,122.00 | BATE | 08:01:41 |
| 1322 | 3,122.00 | BATE | 08:01:41 |
| 1150 | 3,117.00 | BATE | 08:09:28 |
| 120 | 3,117.00 | BATE | 08:09:28 |
| 15 | 3,127.00 | BATE | 08:23:39 |
| 29 | 3,127.00 | BATE | 08:23:39 |
| 29 | 3,127.00 | BATE | 08:23:39 |
| 193 | 3,127.00 | BATE | 08:23:39 |
| 690 | 3,127.00 | BATE | 08:23:39 |
| 29 | 3,127.00 | BATE | 08:23:39 |
| 534 | 3,127.00 | BATE | 08:26:23 |
| 1416 | 3,132.00 | BATE | 08:41:34 |
| 1487 | 3,139.00 | BATE | 09:03:35 |
| 472 | 3,136.00 | BATE | 09:20:29 |
| 1025 | 3,136.00 | BATE | 09:20:29 |
| 335 | 3,129.00 | BATE | 09:43:34 |
| 808 | 3,129.00 | BATE | 09:45:30 |
| 186 | 3,129.00 | BATE | 09:45:30 |
| 1239 | 3,125.00 | BATE | 10:03:02 |
| 1224 | 3,131.00 | BATE | 10:17:41 |
| 919 | 3,136.00 | BATE | 10:35:28 |
| 326 | 3,136.00 | BATE | 10:35:52 |
| 1481 | 3,132.00 | BATE | 10:56:02 |
| 47 | 3,132.00 | BATE | 10:56:02 |
| 1509 | 3,134.00 | BATE | 11:19:08 |
| 1417 | 3,132.00 | BATE | 11:47:32 |
| 191 | 3,135.00 | BATE | 12:06:06 |
| 1053 | 3,135.00 | BATE | 12:07:00 |
| 16 | 3,136.00 | BATE | 12:28:52 |
| 1196 | 3,136.00 | BATE | 12:30:14 |
| 91 | 3,136.00 | BATE | 12:30:14 |
| 91 | 3,136.00 | BATE | 12:30:14 |
| 7 | 3,137.00 | BATE | 12:50:07 |
| 1295 | 3,137.00 | BATE | 12:50:07 |
| 1285 | 3,133.00 | BATE | 13:09:10 |
| 64 | 3,131.00 | BATE | 13:29:56 |
| 1235 | 3,133.00 | BATE | 13:30:42 |
| 94 | 3,129.00 | BATE | 13:34:42 |
| 100 | 3,129.00 | BATE | 13:35:15 |
| 90 | 3,129.00 | BATE | 13:35:15 |
| 21 | 3,129.00 | BATE | 13:35:15 |
| 50 | 3,129.00 | BATE | 13:35:15 |
| 23 | 3,129.00 | BATE | 13:35:15 |
| 70 | 3,129.00 | BATE | 13:35:15 |
|---|---|---|---|
| 50 | 3,129.00 | BATE | 13:35:15 |
| 52 | 3,129.00 | BATE | 13:35:15 |
| 300 | 3,129.00 | BATE | 13:35:59 |
| 463 | 3,129.00 | BATE | 13:35:59 |
| 1482 | 3,132.00 | BATE | 13:52:16 |
| 1510 | 3,130.00 | BATE | 14:05:21 |
| 142 | 3,131.00 | BATE | 14:19:54 |
| 105 | 3,131.00 | BATE | 14:19:54 |
| 145 | 3,131.00 | BATE | 14:19:54 |
| 500 | 3,131.00 | BATE | 14:19:54 |
| 500 | 3,131.00 | BATE | 14:19:54 |
| 131 | 3,131.00 | BATE | 14:19:54 |
| 1307 | 3,136.00 | BATE | 14:30:12 |
| 722 | 3,134.00 | BATE | 14:32:36 |
| 194 | 3,135.00 | BATE | 14:33:00 |
| 1077 | 3,135.00 | BATE | 14:33:03 |
| 232 | 3,135.00 | BATE | 14:33:03 |
| 1299 | 3,130.00 | BATE | 14:39:31 |
| 73 | 3,129.00 | BATE | 14:45:14 |
| 33 | 3,129.00 | BATE | 14:45:19 |
| 61 | 3,129.00 | BATE | 14:45:29 |
| 104 | 3,129.00 | BATE | 14:45:30 |
| 104 | 3,129.00 | BATE | 14:45:31 |
| 75 | 3,129.00 | BATE | 14:45:32 |
| 25 | 3,129.00 | BATE | 14:45:32 |
| 70 | 3,129.00 | BATE | 14:45:32 |
| 259 | 3,129.00 | BATE | 14:45:32 |
| 50 | 3,129.00 | BATE | 14:45:32 |
| 370 | 3,129.00 | BATE | 14:45:32 |
| 199 | 3,129.00 | BATE | 14:45:32 |
| 1498 | 3,132.00 | BATE | 14:52:17 |
| 1477 | 3,132.00 | BATE | 14:58:53 |
| 652 | 3,131.00 | BATE | 15:06:35 |
| 604 | 3,131.00 | BATE | 15:06:35 |
| 817 | 3,129.00 | BATE | 15:10:13 |
| 695 | 3,129.00 | BATE | 15:14:04 |
| 1352 | 3,132.00 | BATE | 15:21:40 |
| 206 | 3,133.00 | BATE | 15:28:11 |
| 206 | 3,133.00 | BATE | 15:28:11 |
| 206 | 3,133.00 | BATE | 15:28:12 |
| 57 | 3,134.00 | BATE | 15:30:15 |
| 2 | 3,134.00 | BATE | 15:30:15 |
| 1746 | 3,134.00 | BATE | 15:36:04 |
| 1494 | 3,134.00 | BATE | 15:40:15 |
| 1522 | 3,129.00 | BATE | 15:48:30 |
| 1300 | 3,130.00 | BATE | 15:57:21 |
| 1334 | 3,130.00 | BATE | 16:02:14 |
| 111 | 3,131.00 | BATE | 16:09:42 |
|---|---|---|---|
| 676 | 3,131.00 | BATE | 16:09:42 |
| 1386 | 3,130.00 | BATE | 16:15:12 |
| 43 | 3,131.00 | BATE | 16:15:12 |
| 120 | 3,131.00 | BATE | 16:15:12 |
| 38 | 3,131.00 | BATE | 16:15:12 |
| 25 | 3,131.00 | BATE | 16:15:12 |
| 601 | 3,131.00 | BATE | 16:15:12 |
| 301 | 3,131.00 | BATE | 16:22:06 |
| 1174 | 3,123.00 | CHIX | 08:18:05 |
| 1078 | 3,140.00 | CHIX | 09:15:38 |
| 976 | 3,132.00 | CHIX | 10:16:35 |
| 156 | 3,132.00 | CHIX | 10:16:35 |
| 1202 | 3,134.00 | CHIX | 11:19:08 |
| 1143 | 3,136.00 | CHIX | 12:30:14 |
| 48 | 3,136.00 | CHIX | 12:30:14 |
| 1067 | 3,132.00 | CHIX | 13:52:33 |
| 912 | 3,135.00 | CHIX | 14:28:21 |
| 172 | 3,135.00 | CHIX | 14:28:21 |
| 571 | 3,130.00 | CHIX | 14:39:31 |
| 543 | 3,130.00 | CHIX | 14:39:31 |
| 1055 | 3,132.00 | CHIX | 14:58:53 |
| 1239 | 3,129.00 | CHIX | 15:16:46 |
| 1269 | 3,134.00 | CHIX | 15:40:15 |
| 392 | 3,131.00 | CHIX | 16:06:22 |
| 427 | 3,131.00 | CHIX | 16:06:22 |
| 26 | 3,131.00 | CHIX | 16:06:22 |
| 682 | 3,129.00 | CHIX | 16:20:03 |
| 940 | 3,115.00 | LSE | 08:00:19 |
| 528 | 3,120.00 | LSE | 08:01:41 |
| 495 | 3,120.00 | LSE | 08:01:41 |
| 926 | 3,122.00 | LSE | 08:12:17 |
| 960 | 3,127.00 | LSE | 08:29:08 |
| 131 | 3,127.00 | LSE | 08:29:08 |
| 932 | 3,133.00 | LSE | 08:48:23 |
| 971 | 3,140.00 | LSE | 09:06:30 |
| 1041 | 3,137.00 | LSE | 09:20:27 |
| 24 | 3,129.00 | LSE | 09:39:33 |
| 1100 | 3,129.00 | LSE | 09:42:55 |
| 1090 | 3,125.00 | LSE | 10:03:00 |
| 955 | 3,132.00 | LSE | 10:16:35 |
| 1068 | 3,136.00 | LSE | 10:33:50 |
| 841 | 3,135.00 | LSE | 10:39:30 |
| 89 | 3,135.00 | LSE | 10:39:30 |
| 1117 | 3,132.00 | LSE | 10:53:08 |
| 828 | 3,131.00 | LSE | 11:13:19 |
| 207 | 3,131.00 | LSE | 11:13:19 |
| 1132 | 3,131.00 | LSE | 11:41:30 |
|---|---|---|---|
| 937 | 3,135.00 | LSE | 12:07:00 |
| 200 | 3,136.00 | LSE | 12:28:51 |
| 200 | 3,136.00 | LSE | 12:28:51 |
| 93 | 3,136.00 | LSE | 12:28:51 |
| 607 | 3,136.00 | LSE | 12:30:14 |
| 1128 | 3,135.00 | LSE | 12:34:29 |
| 1039 | 3,137.00 | LSE | 12:52:53 |
| 1088 | 3,135.00 | LSE | 13:12:45 |
| 1101 | 3,130.00 | LSE | 13:26:51 |
| 784 | 3,132.00 | LSE | 13:30:49 |
| 300 | 3,132.00 | LSE | 13:30:49 |
| 1129 | 3,132.00 | LSE | 13:32:30 |
| 1089 | 3,128.00 | LSE | 13:33:03 |
| 651 | 3,129.00 | LSE | 13:37:56 |
| 15 | 3,129.00 | LSE | 13:37:56 |
| 280 | 3,129.00 | LSE | 13:38:00 |
| 929 | 3,131.00 | LSE | 13:39:18 |
| 1017 | 3,133.00 | LSE | 13:43:22 |
| 1066 | 3,132.00 | LSE | 13:52:16 |
| 1112 | 3,131.00 | LSE | 13:59:01 |
| 403 | 3,130.00 | LSE | 14:05:21 |
| 632 | 3,130.00 | LSE | 14:05:21 |
| 942 | 3,134.00 | LSE | 14:09:25 |
| 585 | 3,132.00 | LSE | 14:15:33 |
| 86 | 3,132.00 | LSE | 14:15:45 |
| 300 | 3,132.00 | LSE | 14:15:45 |
| 299 | 3,130.00 | LSE | 14:21:04 |
| 80 | 3,130.00 | LSE | 14:21:04 |
| 100 | 3,130.00 | LSE | 14:21:04 |
| 250 | 3,130.00 | LSE | 14:21:04 |
| 357 | 3,130.00 | LSE | 14:22:07 |
| 1049 | 3,135.00 | LSE | 14:28:21 |
| 1001 | 3,134.00 | LSE | 14:33:31 |
| 971 | 3,131.00 | LSE | 14:37:34 |
| 1136 | 3,129.00 | LSE | 14:44:00 |
| 78 | 3,131.00 | LSE | 14:50:20 |
| 250 | 3,131.00 | LSE | 14:50:20 |
| 43 | 3,131.00 | LSE | 14:50:20 |
| 500 | 3,131.00 | LSE | 14:50:20 |
| 168 | 3,131.00 | LSE | 14:50:20 |
| 934 | 3,130.00 | LSE | 14:53:59 |
| 26 | 3,131.00 | LSE | 14:59:34 |
| 500 | 3,131.00 | LSE | 14:59:40 |
| 89 | 3,131.00 | LSE | 14:59:42 |
| 500 | 3,131.00 | LSE | 14:59:42 |
| 557 | 3,131.00 | LSE | 15:06:35 |
| 398 | 3,131.00 | LSE | 15:06:35 |
|---|---|---|---|
| 1081 | 3,130.00 | LSE | 15:10:50 |
| 804 | 3,132.00 | LSE | 15:21:18 |
| 150 | 3,132.00 | LSE | 15:21:18 |
| 520 | 3,134.00 | LSE | 15:36:04 |
| 270 | 3,134.00 | LSE | 15:36:04 |
| 885 | 3,134.00 | LSE | 15:36:04 |
| 975 | 3,134.00 | LSE | 15:40:15 |
| 983 | 3,133.00 | LSE | 15:40:23 |
| 1056 | 3,130.00 | LSE | 15:44:43 |
| 6 | 3,130.00 | LSE | 15:44:43 |
| 944 | 3,128.00 | LSE | 15:51:12 |
| 1142 | 3,130.00 | LSE | 15:57:21 |
| 1039 | 3,130.00 | LSE | 16:09:03 |
| 2 | 3,130.00 | LSE | 16:09:03 |
| 1007 | 3,130.00 | LSE | 16:09:45 |
| 1104 | 3,130.00 | LSE | 16:15:12 |
| 967 | 3,129.00 | LSE | 16:20:03 |
| 1331 | 3,130.00 | LSE | 16:26:03 |
| 84 | 3,131.00 | LSE | 16:26:24 |
| 252 | 3,131.00 | LSE | 16:26:24 |
| 243 | 3,131.00 | LSE | 16:26:24 |
| 212 | 3,131.00 | LSE | 16:26:24 |
| 320 | 3,131.00 | LSE | 16:26:24 |
| 226 | 3,131.00 | LSE | 16:26:49 |
| 191 | 3,131.00 | LSE | 16:26:49 |
| 315 | 3,131.00 | LSE | 16:26:49 |
| 218 | 3,131.00 | LSE | 16:27:06 |
| 313 | 3,131.00 | LSE | 16:27:06 |
| 227 | 3,131.00 | LSE | 16:27:06 |
| 246 | 3,131.00 | LSE | 16:27:19 |
| 316 | 3,131.00 | LSE | 16:27:19 |
| 242 | 3,131.00 | LSE | 16:27:19 |
| 464 | 3,131.00 | LSE | 16:27:21 |
| 254 | 3,131.00 | LSE | 16:27:21 |
| 209 | 3,131.00 | LSE | 16:27:21 |
| 302 | 3,131.00 | LSE | 16:27:21 |
| 385 | 3,131.00 | LSE | 16:27:21 |
| 49 | 3,131.00 | LSE | 16:27:52 |
| 2 | 3,130.00 | LSE | 16:28:18 |
Exhibit 37
British American Tobacco p.l.c.
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 | 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<br> conducted | |||
| a) | Description of the financial instrument, type of instrument<br><br> <br><br><br> <br>Identification code | Ordinary shares of 25p each<br><br> <br><br><br> <br>GB0002875804 | ||
| b) | Nature of the transaction | Transfer of shares between own accounts for nil consideration. | ||
| c) | Price(s) and volume(s) | |||
| Price(s) | Volume(s) | |||
| Nil | 6,202 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 6,202<br><br> <br><br><br> <br>Nil | ||
| e) | Date of the transaction | 2025-03-26 | ||
| f) | Place of the transaction | Outside a trading venue | ||
| Name of officer of issuer responsible for making notification: Nancy Jiang<br><br> <br><br><br> <br>Date of notification: 31 March 2025 | ||||
| --- |