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
May 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: May 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 31 March 2025, being the last day of trading for that month, the Company’s issued share capital consisted of 2,202,643,918 ordinary shares of 25p each (“Shares”) with voting rights (the “Voting Rights Figure”).
As at 31 March 2025, the Company held 133,015,299 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.
1 April 2025
Exhibit 2
British American Tobacco p.l.c.
02 April 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: | 01 April 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 128,601 |
| Highest price paid per share (pence): | 3,205.00 |
| Lowest price paid per share (pence): | 3,179.00 |
| Volume weighted average price paid per share (pence): | 3,188.1391 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,202,384,385 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 01 April 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 | 01/04/2025 | 62,057 | 3,188.3380 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 01/04/2025 | 14,210 | 3,187.4458 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 01/04/2025 | 52,334 | 3,188.0916 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 1415 | 3,189.00 | BATE | 08:01:00 |
| 1425 | 3,205.00 | BATE | 08:10:26 |
| 1229 | 3,189.00 | BATE | 08:26:57 |
| 4 | 3,191.00 | BATE | 08:43:27 |
| 1463 | 3,191.00 | BATE | 08:43:48 |
| 498 | 3,182.00 | BATE | 09:03:01 |
| 255 | 3,182.00 | BATE | 09:05:46 |
| 186 | 3,182.00 | BATE | 09:06:07 |
| 219 | 3,182.00 | BATE | 09:06:07 |
| 149 | 3,182.00 | BATE | 09:07:01 |
| 1524 | 3,182.00 | BATE | 09:20:29 |
| 49 | 3,194.00 | BATE | 09:48:53 |
| 173 | 3,194.00 | BATE | 09:48:53 |
| 89 | 3,194.00 | BATE | 09:50:01 |
| 903 | 3,194.00 | BATE | 09:50:04 |
| 89 | 3,194.00 | BATE | 09:50:04 |
| 86 | 3,184.00 | BATE | 10:04:30 |
| 1315 | 3,184.00 | BATE | 10:04:45 |
| 56 | 3,183.00 | BATE | 10:19:31 |
| 4 | 3,183.00 | BATE | 10:20:31 |
| 257 | 3,183.00 | BATE | 10:21:01 |
| 28 | 3,183.00 | BATE | 10:22:19 |
| 42 | 3,183.00 | BATE | 10:22:20 |
| 76 | 3,183.00 | BATE | 10:22:27 |
| 257 | 3,183.00 | BATE | 10:22:31 |
| 183 | 3,183.00 | BATE | 10:22:35 |
| 23 | 3,183.00 | BATE | 10:22:42 |
| 60 | 3,183.00 | BATE | 10:22:43 |
| 53 | 3,183.00 | BATE | 10:22:43 |
| 121 | 3,183.00 | BATE | 10:22:43 |
| 116 | 3,183.00 | BATE | 10:22:55 |
| 110 | 3,183.00 | BATE | 10:22:57 |
| 102 | 3,183.00 | BATE | 10:23:02 |
| 105 | 3,182.00 | BATE | 10:48:01 |
| 984 | 3,182.00 | BATE | 10:48:01 |
| 412 | 3,182.00 | BATE | 10:52:02 |
| 193 | 3,179.00 | BATE | 11:13:35 |
| 58 | 3,179.00 | BATE | 11:13:35 |
| 1000 | 3,179.00 | BATE | 11:13:35 |
| 122 | 3,179.00 | BATE | 11:13:35 |
| 116 | 3,179.00 | BATE | 11:33:08 |
| 42 | 3,179.00 | BATE | 11:33:13 |
| 208 | 3,179.00 | BATE | 11:33:17 |
| 101 | 3,179.00 | BATE | 11:33:18 |
| 80 | 3,179.00 | BATE | 11:33:20 |
|---|---|---|---|
| 609 | 3,179.00 | BATE | 11:33:27 |
| 45 | 3,179.00 | BATE | 11:33:27 |
| 32 | 3,179.00 | BATE | 11:33:35 |
| 13 | 3,179.00 | BATE | 11:33:35 |
| 22 | 3,179.00 | BATE | 11:33:39 |
| 170 | 3,179.00 | BATE | 11:33:39 |
| 23 | 3,182.00 | BATE | 11:58:57 |
| 190 | 3,182.00 | BATE | 11:59:32 |
| 75 | 3,182.00 | BATE | 11:59:40 |
| 135 | 3,182.00 | BATE | 12:00:09 |
| 169 | 3,182.00 | BATE | 12:00:09 |
| 56 | 3,182.00 | BATE | 12:00:09 |
| 225 | 3,182.00 | BATE | 12:00:09 |
| 251 | 3,182.00 | BATE | 12:00:35 |
| 240 | 3,182.00 | BATE | 12:00:35 |
| 1491 | 3,181.00 | BATE | 12:21:19 |
| 1011 | 3,184.00 | BATE | 12:50:42 |
| 461 | 3,184.00 | BATE | 12:50:42 |
| 11 | 3,184.00 | BATE | 12:53:17 |
| 1290 | 3,192.00 | BATE | 13:09:48 |
| 1285 | 3,190.00 | BATE | 13:29:07 |
| 1234 | 3,191.00 | BATE | 13:46:14 |
| 504 | 3,190.00 | BATE | 13:55:22 |
| 910 | 3,190.00 | BATE | 13:55:22 |
| 48 | 3,190.00 | BATE | 13:55:22 |
| 289 | 3,186.00 | BATE | 14:14:12 |
| 32 | 3,186.00 | BATE | 14:14:12 |
| 37 | 3,186.00 | BATE | 14:14:12 |
| 31 | 3,187.00 | BATE | 14:15:08 |
| 96 | 3,187.00 | BATE | 14:15:28 |
| 554 | 3,187.00 | BATE | 14:18:56 |
| 685 | 3,187.00 | BATE | 14:18:56 |
| 1407 | 3,188.00 | BATE | 14:27:23 |
| 366 | 3,191.00 | BATE | 14:29:59 |
| 488 | 3,191.00 | BATE | 14:29:59 |
| 1493 | 3,186.00 | BATE | 14:32:42 |
| 141 | 3,187.00 | BATE | 14:38:12 |
| 22 | 3,187.00 | BATE | 14:38:12 |
| 29 | 3,187.00 | BATE | 14:38:12 |
| 48 | 3,187.00 | BATE | 14:38:18 |
| 931 | 3,187.00 | BATE | 14:38:22 |
| 67 | 3,187.00 | BATE | 14:38:22 |
| 1505 | 3,187.00 | BATE | 14:43:47 |
| 35 | 3,188.00 | BATE | 14:50:13 |
| 33 | 3,188.00 | BATE | 14:50:13 |
| 33 | 3,188.00 | BATE | 14:50:14 |
| 1416 | 3,187.00 | BATE | 14:50:22 |
|---|---|---|---|
| 952 | 3,190.00 | BATE | 14:59:25 |
| 419 | 3,190.00 | BATE | 14:59:25 |
| 33 | 3,191.00 | BATE | 15:02:51 |
| 30 | 3,191.00 | BATE | 15:02:51 |
| 36 | 3,192.00 | BATE | 15:03:23 |
| 35 | 3,192.00 | BATE | 15:03:23 |
| 32 | 3,192.00 | BATE | 15:03:24 |
| 36 | 3,192.00 | BATE | 15:03:24 |
| 152 | 3,192.00 | BATE | 15:03:24 |
| 144 | 3,189.00 | BATE | 15:05:25 |
| 1165 | 3,189.00 | BATE | 15:05:25 |
| 1266 | 3,188.00 | BATE | 15:14:20 |
| 1371 | 3,188.00 | BATE | 15:19:09 |
| 236 | 3,192.00 | BATE | 15:26:47 |
| 430 | 3,192.00 | BATE | 15:26:47 |
| 63 | 3,192.00 | BATE | 15:28:11 |
| 585 | 3,193.00 | BATE | 15:31:22 |
| 696 | 3,193.00 | BATE | 15:31:22 |
| 65 | 3,191.00 | BATE | 15:38:36 |
| 908 | 3,191.00 | BATE | 15:38:36 |
| 332 | 3,191.00 | BATE | 15:38:36 |
| 1422 | 3,193.00 | BATE | 15:46:33 |
| 26 | 3,193.00 | BATE | 15:56:03 |
| 317 | 3,193.00 | BATE | 15:56:03 |
| 940 | 3,193.00 | BATE | 15:56:03 |
| 287 | 3,192.00 | BATE | 16:00:45 |
| 127 | 3,192.00 | BATE | 16:00:45 |
| 1054 | 3,192.00 | BATE | 16:00:45 |
| 14 | 3,190.00 | BATE | 16:08:30 |
| 1307 | 3,190.00 | BATE | 16:08:30 |
| 161 | 3,190.00 | BATE | 16:08:30 |
| 976 | 3,192.00 | BATE | 16:15:01 |
| 499 | 3,192.00 | BATE | 16:15:01 |
| 1170 | 3,193.00 | CHIX | 08:17:09 |
| 78 | 3,193.00 | CHIX | 08:17:09 |
| 1100 | 3,182.00 | CHIX | 09:20:29 |
| 1028 | 3,185.00 | CHIX | 10:15:05 |
| 156 | 3,185.00 | CHIX | 10:15:05 |
| 1081 | 3,182.00 | CHIX | 11:21:56 |
| 1241 | 3,182.00 | CHIX | 12:26:45 |
| 1104 | 3,189.00 | CHIX | 13:36:51 |
| 111 | 3,189.00 | CHIX | 13:36:51 |
| 561 | 3,187.00 | CHIX | 14:18:56 |
| 511 | 3,187.00 | CHIX | 14:18:56 |
| 164 | 3,187.00 | CHIX | 14:33:41 |
| 1144 | 3,188.00 | CHIX | 14:36:38 |
| 1186 | 3,190.00 | CHIX | 14:54:52 |
|---|---|---|---|
| 10 | 3,190.00 | CHIX | 14:54:52 |
| 50 | 3,190.00 | CHIX | 15:16:40 |
| 1039 | 3,189.00 | CHIX | 15:18:15 |
| 461 | 3,191.00 | CHIX | 15:38:36 |
| 718 | 3,191.00 | CHIX | 15:38:36 |
| 212 | 3,190.00 | CHIX | 16:01:56 |
| 204 | 3,190.00 | CHIX | 16:02:05 |
| 229 | 3,189.00 | CHIX | 16:08:55 |
| 18 | 3,189.00 | CHIX | 16:08:55 |
| 50 | 3,189.00 | CHIX | 16:08:55 |
| 181 | 3,189.00 | CHIX | 16:08:55 |
| 73 | 3,192.00 | CHIX | 16:16:31 |
| 330 | 3,192.00 | CHIX | 16:16:31 |
| 1076 | 3,190.00 | LSE | 08:01:00 |
| 1072 | 3,197.00 | LSE | 08:06:00 |
| 998 | 3,192.00 | LSE | 08:15:05 |
| 897 | 3,189.00 | LSE | 08:26:57 |
| 924 | 3,193.00 | LSE | 08:38:35 |
| 1064 | 3,187.00 | LSE | 08:50:20 |
| 882 | 3,182.00 | LSE | 09:03:01 |
| 570 | 3,179.00 | LSE | 09:15:03 |
| 394 | 3,179.00 | LSE | 09:15:03 |
| 231 | 3,181.00 | LSE | 09:29:26 |
| 200 | 3,181.00 | LSE | 09:31:10 |
| 501 | 3,190.00 | LSE | 09:40:04 |
| 440 | 3,190.00 | LSE | 09:40:04 |
| 908 | 3,194.00 | LSE | 09:50:04 |
| 940 | 3,187.00 | LSE | 10:02:28 |
| 873 | 3,185.00 | LSE | 10:15:05 |
| 905 | 3,185.00 | LSE | 10:25:15 |
| 943 | 3,182.00 | LSE | 10:41:15 |
| 46 | 3,180.00 | LSE | 10:56:15 |
| 575 | 3,180.00 | LSE | 10:56:16 |
| 289 | 3,180.00 | LSE | 10:56:16 |
| 934 | 3,180.00 | LSE | 11:09:03 |
| 1018 | 3,179.00 | LSE | 11:29:45 |
| 1042 | 3,181.00 | LSE | 11:44:02 |
| 886 | 3,182.00 | LSE | 12:00:35 |
| 879 | 3,180.00 | LSE | 12:13:38 |
| 956 | 3,182.00 | LSE | 12:26:45 |
| 1064 | 3,184.00 | LSE | 12:50:42 |
| 971 | 3,182.00 | LSE | 12:57:30 |
| 940 | 3,190.00 | LSE | 13:12:10 |
| 965 | 3,190.00 | LSE | 13:29:07 |
| 82 | 3,189.00 | LSE | 13:36:38 |
| 914 | 3,189.00 | LSE | 13:36:51 |
| 1026 | 3,190.00 | LSE | 13:46:19 |
|---|---|---|---|
| 1027 | 3,190.00 | LSE | 13:55:22 |
| 78 | 3,185.00 | LSE | 14:04:48 |
| 971 | 3,185.00 | LSE | 14:04:48 |
| 879 | 3,187.00 | LSE | 14:15:50 |
| 646 | 3,188.00 | LSE | 14:27:23 |
| 312 | 3,188.00 | LSE | 14:27:23 |
| 16 | 3,188.00 | LSE | 14:27:23 |
| 76 | 3,189.00 | LSE | 14:28:34 |
| 863 | 3,189.00 | LSE | 14:28:34 |
| 883 | 3,190.00 | LSE | 14:30:36 |
| 1043 | 3,184.00 | LSE | 14:32:53 |
| 956 | 3,189.00 | LSE | 14:36:05 |
| 316 | 3,191.00 | LSE | 14:40:59 |
| 629 | 3,191.00 | LSE | 14:40:59 |
| 889 | 3,186.00 | LSE | 14:44:14 |
| 132 | 3,189.00 | LSE | 14:48:31 |
| 884 | 3,189.00 | LSE | 14:48:31 |
| 1044 | 3,190.00 | LSE | 14:54:35 |
| 934 | 3,190.00 | LSE | 14:59:25 |
| 1030 | 3,192.00 | LSE | 15:01:21 |
| 1019 | 3,189.00 | LSE | 15:05:25 |
| 1010 | 3,189.00 | LSE | 15:10:21 |
| 149 | 3,190.00 | LSE | 15:16:40 |
| 160 | 3,190.00 | LSE | 15:16:40 |
| 552 | 3,189.00 | LSE | 15:18:15 |
| 369 | 3,189.00 | LSE | 15:18:15 |
| 72 | 3,192.00 | LSE | 15:22:46 |
| 115 | 3,192.00 | LSE | 15:22:46 |
| 810 | 3,192.00 | LSE | 15:22:46 |
| 1001 | 3,194.00 | LSE | 15:27:45 |
| 1032 | 3,190.00 | LSE | 15:33:07 |
| 135 | 3,191.00 | LSE | 15:39:32 |
| 800 | 3,191.00 | LSE | 15:39:32 |
| 900 | 3,193.00 | LSE | 15:45:17 |
| 853 | 3,195.00 | LSE | 15:50:51 |
| 200 | 3,195.00 | LSE | 15:50:51 |
| 931 | 3,193.00 | LSE | 15:56:03 |
| 571 | 3,195.00 | LSE | 15:59:22 |
| 215 | 3,195.00 | LSE | 15:59:22 |
| 81 | 3,195.00 | LSE | 15:59:22 |
| 500 | 3,191.00 | LSE | 16:03:39 |
| 309 | 3,191.00 | LSE | 16:03:39 |
| 235 | 3,191.00 | LSE | 16:03:41 |
| 488 | 3,190.00 | LSE | 16:08:30 |
| 300 | 3,190.00 | LSE | 16:08:30 |
| 250 | 3,190.00 | LSE | 16:08:30 |
| 3 | 3,190.00 | LSE | 16:08:30 |
|---|---|---|---|
| 55 | 3,190.00 | LSE | 16:13:15 |
| 942 | 3,190.00 | LSE | 16:13:15 |
| 174 | 3,192.00 | LSE | 16:16:31 |
| 17 | 3,192.00 | LSE | 16:16:31 |
| 809 | 3,192.00 | LSE | 16:16:31 |
| 49 | 3,190.00 | LSE | 16:20:07 |
| 652 | 3,191.00 | LSE | 16:20:17 |
| 163 | 3,191.00 | LSE | 16:20:17 |
| 62 | 3,191.00 | LSE | 16:20:17 |
| 355 | 3,191.00 | LSE | 16:20:17 |
| 174 | 3,191.00 | LSE | 16:20:17 |
| 1014 | 3,191.00 | LSE | 16:20:17 |
| 166 | 3,191.00 | LSE | 16:20:17 |
| 189 | 3,191.00 | LSE | 16:20:17 |
| 366 | 3,191.00 | LSE | 16:20:17 |
| 950 | 3,188.00 | LSE | 16:20:33 |
| 143 | 3,189.00 | LSE | 16:21:38 |
| 250 | 3,189.00 | LSE | 16:21:38 |
| 10 | 3,189.00 | LSE | 16:21:38 |
| 300 | 3,189.00 | LSE | 16:21:38 |
| 300 | 3,189.00 | LSE | 16:21:38 |
| 105 | 3,190.00 | LSE | 16:22:04 |
| 967 | 3,190.00 | LSE | 16:22:04 |
| 54 | 3,190.00 | LSE | 16:22:41 |
| 368 | 3,190.00 | LSE | 16:22:41 |
| 265 | 3,192.00 | LSE | 16:24:12 |
| 75 | 3,192.00 | LSE | 16:24:20 |
| 10 | 3,194.00 | LSE | 16:25:25 |
Exhibit 3
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 31 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 under the 2020 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 | 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;<br> 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 2020 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 67,109 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 67,109<br> <br> nil | |
| e) | Date of the transaction | 2025-03-31 | |
| 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 2020 Long-Term Incentive Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 31,544 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 31,544<br> <br> 1,003,730.08 | |
| e) | Date of the transaction | 2025-04-01 | |
| 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><br><br> <br>Date of notification: 2 April 2025 |
|---|
Exhibit 4
British American Tobacco p.l.c.
03 April 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: | 02 April 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 129,815 |
| Highest price paid per share (pence): | 3,193.00 |
| Lowest price paid per share (pence): | 3,126.00 |
| Volume weighted average price paid per share (pence): | 3,158.3233 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,202,256,250 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,013,619 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 02 April 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 | 02/04/2025 | 65,223 | 3,152.5172 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 02/04/2025 | 14,456 | 3,162.7201 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 02/04/2025 | 50,136 | 3,164.6087 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 1108 | 3,183.00 | BATE | 08:01:50 |
| 133 | 3,183.00 | BATE | 08:01:50 |
| 1476 | 3,190.00 | BATE | 08:11:07 |
| 1473 | 3,183.00 | BATE | 08:27:18 |
| 1303 | 3,184.00 | BATE | 08:52:47 |
| 264 | 3,186.00 | BATE | 09:03:11 |
| 1265 | 3,186.00 | BATE | 09:03:29 |
| 14 | 3,183.00 | BATE | 09:26:21 |
| 151 | 3,185.00 | BATE | 09:30:15 |
| 151 | 3,185.00 | BATE | 09:30:15 |
| 302 | 3,185.00 | BATE | 09:30:17 |
| 151 | 3,185.00 | BATE | 09:30:18 |
| 90 | 3,185.00 | BATE | 09:30:18 |
| 511 | 3,185.00 | BATE | 09:30:19 |
| 151 | 3,185.00 | BATE | 09:30:19 |
| 1409 | 3,190.00 | BATE | 09:54:17 |
| 161 | 3,182.00 | BATE | 10:16:41 |
| 161 | 3,182.00 | BATE | 10:16:41 |
| 45 | 3,182.00 | BATE | 10:16:41 |
| 105 | 3,182.00 | BATE | 10:16:41 |
| 501 | 3,182.00 | BATE | 10:16:42 |
| 161 | 3,182.00 | BATE | 10:16:42 |
| 144 | 3,182.00 | BATE | 10:16:42 |
| 17 | 3,182.00 | BATE | 10:16:42 |
| 22 | 3,181.00 | BATE | 10:31:12 |
| 23 | 3,181.00 | BATE | 10:31:12 |
| 522 | 3,181.00 | BATE | 10:31:12 |
| 866 | 3,181.00 | BATE | 10:32:45 |
| 778 | 3,177.00 | BATE | 10:56:29 |
| 652 | 3,177.00 | BATE | 10:56:29 |
| 342 | 3,171.00 | BATE | 11:19:34 |
| 151 | 3,171.00 | BATE | 11:19:34 |
| 106 | 3,171.00 | BATE | 11:19:35 |
| 523 | 3,171.00 | BATE | 11:19:35 |
| 365 | 3,171.00 | BATE | 11:19:35 |
| 1398 | 3,169.00 | BATE | 11:43:49 |
| 1485 | 3,172.00 | BATE | 12:14:30 |
| 41 | 3,168.00 | BATE | 12:35:28 |
| 1478 | 3,168.00 | BATE | 12:35:35 |
| 127 | 3,169.00 | BATE | 13:00:22 |
| 74 | 3,169.00 | BATE | 13:04:26 |
| 1347 | 3,169.00 | BATE | 13:04:26 |
| 1246 | 3,168.00 | BATE | 13:25:26 |
| 393 | 3,173.00 | BATE | 13:37:36 |
| 1263 | 3,175.00 | BATE | 13:41:35 |
|---|---|---|---|
| 271 | 3,181.00 | BATE | 13:55:44 |
| 82 | 3,181.00 | BATE | 13:55:44 |
| 828 | 3,181.00 | BATE | 13:55:45 |
| 143 | 3,181.00 | BATE | 13:55:45 |
| 16 | 3,181.00 | BATE | 13:55:45 |
| 839 | 3,182.00 | BATE | 14:12:23 |
| 91 | 3,182.00 | BATE | 14:12:23 |
| 298 | 3,182.00 | BATE | 14:12:27 |
| 284 | 3,182.00 | BATE | 14:12:27 |
| 1449 | 3,179.00 | BATE | 14:26:52 |
| 1502 | 3,176.00 | BATE | 14:29:55 |
| 53 | 3,173.00 | BATE | 14:33:53 |
| 50 | 3,173.00 | BATE | 14:33:53 |
| 127 | 3,173.00 | BATE | 14:33:53 |
| 1252 | 3,173.00 | BATE | 14:33:56 |
| 1483 | 3,163.00 | BATE | 14:41:08 |
| 24 | 3,153.00 | BATE | 14:47:42 |
| 1448 | 3,154.00 | BATE | 14:48:52 |
| 1002 | 3,143.00 | BATE | 14:54:34 |
| 513 | 3,143.00 | BATE | 14:54:34 |
| 1272 | 3,148.00 | BATE | 15:01:18 |
| 126 | 3,148.00 | BATE | 15:01:18 |
| 1438 | 3,146.00 | BATE | 15:10:05 |
| 1312 | 3,145.00 | BATE | 15:15:25 |
| 1333 | 3,140.00 | BATE | 15:23:27 |
| 19 | 3,140.00 | BATE | 15:23:27 |
| 1416 | 3,133.00 | BATE | 15:31:44 |
| 1373 | 3,133.00 | BATE | 15:41:28 |
| 1460 | 3,133.00 | BATE | 15:48:39 |
| 127 | 3,134.00 | BATE | 15:58:05 |
| 61 | 3,134.00 | BATE | 15:58:05 |
| 31 | 3,134.00 | BATE | 15:58:05 |
| 33 | 3,134.00 | BATE | 15:58:05 |
| 1352 | 3,133.00 | BATE | 15:58:13 |
| 53 | 3,129.00 | BATE | 16:09:36 |
| 1230 | 3,129.00 | BATE | 16:11:02 |
| 308 | 3,131.00 | BATE | 16:15:04 |
| 988 | 3,131.00 | BATE | 16:15:04 |
| 1261 | 3,193.00 | CHIX | 08:15:48 |
| 165 | 3,187.00 | CHIX | 09:16:57 |
| 918 | 3,187.00 | CHIX | 09:17:34 |
| 60 | 3,182.00 | CHIX | 10:16:41 |
| 402 | 3,182.00 | CHIX | 10:16:42 |
| 161 | 3,182.00 | CHIX | 10:16:42 |
| 187 | 3,182.00 | CHIX | 10:16:42 |
| 451 | 3,182.00 | CHIX | 10:16:42 |
| 1200 | 3,172.00 | CHIX | 11:23:29 |
|---|---|---|---|
| 169 | 3,168.00 | CHIX | 12:35:35 |
| 1012 | 3,168.00 | CHIX | 12:35:35 |
| 1182 | 3,173.00 | CHIX | 13:37:36 |
| 252 | 3,179.00 | CHIX | 14:22:50 |
| 249 | 3,179.00 | CHIX | 14:23:00 |
| 667 | 3,179.00 | CHIX | 14:23:00 |
| 1143 | 3,159.00 | CHIX | 14:36:21 |
| 1258 | 3,141.00 | CHIX | 14:56:03 |
| 1107 | 3,144.00 | CHIX | 15:20:56 |
| 65 | 3,144.00 | CHIX | 15:20:56 |
| 163 | 3,133.00 | CHIX | 15:44:09 |
| 30 | 3,133.00 | CHIX | 15:44:09 |
| 7 | 3,133.00 | CHIX | 15:44:09 |
| 22 | 3,133.00 | CHIX | 15:44:09 |
| 1186 | 3,130.00 | CHIX | 15:47:27 |
| 1139 | 3,129.00 | CHIX | 16:11:02 |
| 957 | 3,183.00 | LSE | 08:01:50 |
| 1042 | 3,189.00 | LSE | 08:11:07 |
| 896 | 3,190.00 | LSE | 08:11:07 |
| 887 | 3,185.00 | LSE | 08:22:56 |
| 896 | 3,183.00 | LSE | 08:33:21 |
| 958 | 3,189.00 | LSE | 09:34:57 |
| 955 | 3,190.00 | LSE | 09:54:16 |
| 289 | 3,179.00 | LSE | 10:19:07 |
| 666 | 3,179.00 | LSE | 10:19:12 |
| 651 | 3,178.00 | LSE | 10:45:00 |
| 389 | 3,178.00 | LSE | 10:45:00 |
| 980 | 3,175.00 | LSE | 11:10:49 |
| 1079 | 3,171.00 | LSE | 11:31:17 |
| 971 | 3,168.00 | LSE | 11:59:03 |
| 878 | 3,172.00 | LSE | 12:17:03 |
| 951 | 3,168.00 | LSE | 12:26:34 |
| 104 | 3,168.00 | LSE | 12:27:55 |
| 103 | 3,168.00 | LSE | 12:37:41 |
| 51 | 3,167.00 | LSE | 12:37:42 |
| 61 | 3,167.00 | LSE | 12:37:42 |
| 102 | 3,166.00 | LSE | 12:41:02 |
| 280 | 3,164.00 | LSE | 12:43:53 |
| 125 | 3,164.00 | LSE | 12:43:53 |
| 480 | 3,164.00 | LSE | 12:43:53 |
| 79 | 3,163.00 | LSE | 12:44:15 |
| 1004 | 3,169.00 | LSE | 13:04:26 |
| 980 | 3,167.00 | LSE | 13:11:40 |
| 60 | 3,167.00 | LSE | 13:21:35 |
| 1057 | 3,168.00 | LSE | 13:25:26 |
| 448 | 3,173.00 | LSE | 13:37:36 |
| 444 | 3,173.00 | LSE | 13:37:36 |
|---|---|---|---|
| 996 | 3,181.00 | LSE | 13:55:44 |
| 913 | 3,182.00 | LSE | 14:05:51 |
| 872 | 3,182.00 | LSE | 14:12:23 |
| 869 | 3,179.00 | LSE | 14:26:52 |
| 1003 | 3,177.00 | LSE | 14:29:55 |
| 923 | 3,175.00 | LSE | 14:31:10 |
| 943 | 3,178.00 | LSE | 14:33:01 |
| 275 | 3,162.00 | LSE | 14:35:50 |
| 214 | 3,162.00 | LSE | 14:35:50 |
| 150 | 3,162.00 | LSE | 14:35:50 |
| 346 | 3,162.00 | LSE | 14:35:50 |
| 882 | 3,163.00 | LSE | 14:41:08 |
| 993 | 3,162.00 | LSE | 14:43:08 |
| 443 | 3,153.00 | LSE | 14:46:21 |
| 600 | 3,153.00 | LSE | 14:46:21 |
| 893 | 3,153.00 | LSE | 14:49:03 |
| 1017 | 3,142.50 | LSE | 14:52:12 |
| 911 | 3,141.00 | LSE | 14:56:03 |
| 1051 | 3,147.00 | LSE | 15:01:31 |
| 920 | 3,147.00 | LSE | 15:03:05 |
| 369 | 3,142.00 | LSE | 15:05:47 |
| 903 | 3,143.00 | LSE | 15:06:20 |
| 926 | 3,146.00 | LSE | 15:10:05 |
| 973 | 3,144.00 | LSE | 15:11:30 |
| 1076 | 3,144.00 | LSE | 15:15:35 |
| 16 | 3,143.00 | LSE | 15:17:33 |
| 990 | 3,143.00 | LSE | 15:17:33 |
| 1083 | 3,141.00 | LSE | 15:21:34 |
| 990 | 3,129.00 | LSE | 15:25:17 |
| 1048 | 3,132.00 | LSE | 15:30:24 |
| 989 | 3,135.00 | LSE | 15:36:28 |
| 898 | 3,134.00 | LSE | 15:38:11 |
| 950 | 3,133.00 | LSE | 15:41:28 |
| 1021 | 3,130.00 | LSE | 15:47:27 |
| 930 | 3,133.00 | LSE | 15:52:16 |
| 937 | 3,133.00 | LSE | 15:54:31 |
| 112 | 3,134.00 | LSE | 15:57:34 |
| 1045 | 3,133.00 | LSE | 15:58:13 |
| 175 | 3,133.00 | LSE | 15:58:13 |
| 103 | 3,133.00 | LSE | 16:00:25 |
| 110 | 3,133.00 | LSE | 16:00:25 |
| 880 | 3,132.00 | LSE | 16:00:42 |
| 926 | 3,128.00 | LSE | 16:04:10 |
| 1066 | 3,129.00 | LSE | 16:11:02 |
| 796 | 3,131.00 | LSE | 16:15:04 |
| 480 | 3,131.00 | LSE | 16:15:04 |
| 1011 | 3,130.00 | LSE | 16:15:21 |
|---|---|---|---|
| 875 | 3,127.00 | LSE | 16:20:43 |
| 473 | 3,127.00 | LSE | 16:20:43 |
| 1499 | 3,128.00 | LSE | 16:20:43 |
| 54 | 3,128.00 | LSE | 16:20:56 |
| 880 | 3,128.00 | LSE | 16:20:56 |
| 168 | 3,128.00 | LSE | 16:20:56 |
| 259 | 3,128.00 | LSE | 16:20:56 |
| 448 | 3,128.00 | LSE | 16:20:56 |
| 780 | 3,127.00 | LSE | 16:21:05 |
| 994 | 3,127.00 | LSE | 16:21:05 |
| 278 | 3,127.00 | LSE | 16:21:05 |
| 931 | 3,127.00 | LSE | 16:21:17 |
| 346 | 3,127.00 | LSE | 16:22:30 |
| 1214 | 3,127.00 | LSE | 16:22:30 |
| 701 | 3,127.00 | LSE | 16:22:30 |
| 92 | 3,127.00 | LSE | 16:24:24 |
| 28 | 3,127.00 | LSE | 16:24:26 |
| 84 | 3,127.00 | LSE | 16:24:26 |
| 256 | 3,127.00 | LSE | 16:24:27 |
| 22 | 3,127.00 | LSE | 16:25:10 |
| 1 | 3,126.00 | LSE | 16:25:45 |
Exhibit 5
British American Tobacco p.l.c.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
On 1 April 2025 the following number of British American Tobacco p.l.c. 25p ordinary shares were awarded to the following Executive Directors and persons discharging managerial responsibilities under the 2025 Share Reward Scheme and 2025 International Share Reward 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 | Award of shares under the 2025 Share Reward Scheme. | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 88 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 88<br> <br> 2,800.16 | |
| e) | Date of the transaction | 2025-04-01 | |
| 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 2025 Share Reward Scheme. | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 59 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 59<br> <br> 1,877.38 | |
| e) | Date of the transaction | 2025-04-01 | |
| 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 2025 Share Reward Scheme. | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 88 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 88<br> <br> 2,800.16 | |
| e) | Date of the transaction | 2025-04-01 | |
| 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 2025 Share Reward Scheme. | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 88 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 88<br> <br> 2,800.16 | |
| e) | Date of the transaction | 2025-04-01 | |
| 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 2025 Share Reward Scheme. | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 88 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 88<br> <br> 2,800.16 | |
| e) | Date of the transaction | 2025-04-01 | |
| 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 2025 International Share Reward Scheme. | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 88 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 88<br> <br> 2,800.16 | |
| e) | Date of the transaction | 2025-04-01 | |
| 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 2025 Share Reward Scheme. | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 88 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 88<br> <br> 2,800.16 | |
| e) | Date of the transaction | 2025-04-01 | |
| 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 2025 Share Reward Scheme. | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 88 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 88<br> <br> 2,800.16 | |
| e) | Date of the transaction | 2025-04-01 | |
| 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 2025 Share Reward Scheme. | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 88 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 88<br> <br> 2,800.16 | |
| e) | Date of the transaction | 2025-04-01 | |
| 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 2025 Share Reward Scheme. | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 88 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 88<br> <br> 2,800.16 | |
| e) | Date of the transaction | 2025-04-01 | |
| 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 2025 Share Reward Scheme. | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 88 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 88<br> <br> 2,800.16 | |
| e) | Date of the transaction | 2025-04-01 | |
| 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 2025 Share Reward Scheme. | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 88 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 88<br> <br> 2,800.16 | |
| e) | Date of the transaction | 2025-04-01 | |
| 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 2025 Share Reward Scheme. | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 88 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 88<br> <br> 2,800.16 | |
| e) | Date of the transaction | 2025-04-01 | |
| 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 2025 International Share Reward Scheme. | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 88 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 88<br> <br> 2,800.16 | |
| e) | Date of the transaction | 2025-04-01 | |
| 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 2025 Share Reward Scheme. | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 88 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 88<br> <br> 2,800.16 | |
| e) | Date of the transaction | 2025-04-01 | |
| 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: 3 April 2025 |
Exhibit 6
British American Tobacco p.l.c.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
On 1 April 2025 the independent Trustee of the British American Tobacco International Employee Share Ownership Plan released the following number of British American Tobacco p.l.c. 25p ordinary shares (the “Shares”) to the following persons discharging managerial responsibilities under the 2022 International Share Reward Scheme. Subsequent sales of shares are also set out below.
| 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 International Share Reward Scheme, including dividend equivalent shares | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 111 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 111<br> <br> nil | |
| e) | Date of the transaction | 2025-04-01 | |
| 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 on vesting of the 2022 International Share Reward Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 55 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 55<br> <br> 1,755.05 | |
| e) | Date of the transaction | 2025-04-02 | |
| 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 International Share Reward Scheme, including dividend equivalent shares | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 111 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 111<br> <br> nil | |
| e) | Date of the transaction | 2025-04-01 | |
| 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 on vesting of the 2022 International Share Reward Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 55 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 55<br> <br> 1,755.05 | |
| e) | Date of the transaction | 2025-04-02 | |
| 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 International Share Reward Scheme, including dividend equivalent shares | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 111 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 111<br> <br> nil | |
| e) | Date of the transaction | 2025-04-01 | |
| 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 on vesting of the 2022 International Share Reward Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 55 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 55<br> <br> 1,755.05 | |
| e) | Date of the transaction | 2025-04-02 | |
| 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 International Share Reward Scheme, including dividend equivalent shares | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 111 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 111<br> <br> nil | |
| e) | Date of the transaction | 2025-04-01 | |
| 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 on vesting of the 2022 International Share Reward Scheme | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 55 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 55<br> <br> 1,755.05 | |
| e) | Date of the transaction | 2025-04-02 | |
| 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: 3 April 2025 |
Exhibit 7
British American Tobacco p.l.c.
04 April 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 April 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 130,448 |
| Highest price paid per share (pence): | 3,177.00 |
| Lowest price paid per share (pence): | 3,110.00 |
| Volume weighted average price paid per share (pence): | 3143.0126 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,202,125,802 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,013,619 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 April 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 | 03/04/2025 | 63,941 | 3,145.0783 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 03/04/2025 | 14,094 | 3,139.5938 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 03/04/2025 | 52,413 | 3,141.4117 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 1404 | 3,148.00 | BATE | 08:01:11 |
| 1288 | 3,132.00 | BATE | 08:10:53 |
| 1436 | 3,142.00 | BATE | 08:25:23 |
| 1463 | 3,142.00 | BATE | 08:43:57 |
| 1450 | 3,141.00 | BATE | 09:04:09 |
| 1337 | 3,135.00 | BATE | 09:25:59 |
| 703 | 3,112.00 | BATE | 09:47:08 |
| 513 | 3,112.00 | BATE | 09:47:08 |
| 207 | 3,112.00 | BATE | 09:47:08 |
| 1526 | 3,113.00 | BATE | 10:06:35 |
| 33 | 3,112.00 | BATE | 10:25:12 |
| 353 | 3,112.00 | BATE | 10:25:18 |
| 273 | 3,112.00 | BATE | 10:25:18 |
| 671 | 3,112.00 | BATE | 10:25:20 |
| 1313 | 3,118.00 | BATE | 10:48:11 |
| 34 | 3,118.00 | BATE | 11:06:44 |
| 33 | 3,118.00 | BATE | 11:06:44 |
| 817 | 3,120.00 | BATE | 11:09:14 |
| 631 | 3,120.00 | BATE | 11:09:14 |
| 973 | 3,121.00 | BATE | 11:35:25 |
| 446 | 3,121.00 | BATE | 11:35:25 |
| 1408 | 3,124.00 | BATE | 12:02:21 |
| 1499 | 3,125.00 | BATE | 12:24:37 |
| 36 | 3,126.00 | BATE | 12:48:05 |
| 33 | 3,126.00 | BATE | 12:48:05 |
| 250 | 3,125.00 | BATE | 12:48:29 |
| 250 | 3,125.00 | BATE | 12:48:29 |
| 6 | 3,125.00 | BATE | 12:48:29 |
| 995 | 3,125.00 | BATE | 12:52:17 |
| 32 | 3,129.00 | BATE | 13:12:30 |
| 36 | 3,129.00 | BATE | 13:12:30 |
| 108 | 3,129.00 | BATE | 13:12:30 |
| 1257 | 3,128.00 | BATE | 13:15:57 |
| 162 | 3,128.00 | BATE | 13:15:57 |
| 1270 | 3,132.00 | BATE | 13:33:06 |
| 1315 | 3,139.00 | BATE | 13:50:24 |
| 164 | 3,139.00 | BATE | 13:50:24 |
| 1493 | 3,143.00 | BATE | 14:03:59 |
| 32 | 3,141.00 | BATE | 14:18:22 |
| 1230 | 3,139.00 | BATE | 14:18:35 |
| 78 | 3,145.00 | BATE | 14:28:00 |
| 95 | 3,145.00 | BATE | 14:28:00 |
| 550 | 3,145.00 | BATE | 14:28:00 |
| 94 | 3,145.00 | BATE | 14:28:00 |
| 547 | 3,145.00 | BATE | 14:28:01 |
| 22 | 3,145.00 | BATE | 14:30:54 |
| 1358 | 3,147.00 | BATE | 14:31:45 |
|---|---|---|---|
| 120 | 3,147.00 | BATE | 14:31:45 |
| 1337 | 3,149.00 | BATE | 14:35:20 |
| 1415 | 3,158.00 | BATE | 14:41:32 |
| 922 | 3,153.00 | BATE | 14:48:03 |
| 406 | 3,153.00 | BATE | 14:48:03 |
| 82 | 3,149.00 | BATE | 14:54:19 |
| 100 | 3,149.00 | BATE | 14:54:19 |
| 1220 | 3,149.00 | BATE | 14:54:19 |
| 1259 | 3,145.00 | BATE | 15:00:00 |
| 1289 | 3,140.00 | BATE | 15:07:02 |
| 1370 | 3,141.00 | BATE | 15:13:35 |
| 1226 | 3,148.00 | BATE | 15:21:29 |
| 1349 | 3,156.00 | BATE | 15:27:55 |
| 78 | 3,162.00 | BATE | 15:36:59 |
| 171 | 3,162.00 | BATE | 15:37:01 |
| 1094 | 3,162.00 | BATE | 15:37:01 |
| 32 | 3,173.00 | BATE | 15:46:32 |
| 33 | 3,173.00 | BATE | 15:46:32 |
| 34 | 3,173.00 | BATE | 15:46:32 |
| 20 | 3,173.00 | BATE | 15:46:34 |
| 36 | 3,173.00 | BATE | 15:46:52 |
| 37 | 3,173.00 | BATE | 15:46:52 |
| 150 | 3,173.00 | BATE | 15:46:52 |
| 37 | 3,173.00 | BATE | 15:46:52 |
| 33 | 3,173.00 | BATE | 15:46:52 |
| 1485 | 3,172.00 | BATE | 15:47:04 |
| 1266 | 3,165.00 | BATE | 15:55:31 |
| 13 | 3,165.00 | BATE | 15:55:31 |
| 1509 | 3,163.00 | BATE | 16:01:28 |
| 188 | 3,169.00 | BATE | 16:09:16 |
| 358 | 3,168.00 | BATE | 16:10:27 |
| 1073 | 3,168.00 | BATE | 16:10:27 |
| 396 | 3,172.00 | BATE | 16:17:28 |
| 267 | 3,172.00 | BATE | 16:17:28 |
| 784 | 3,172.00 | BATE | 16:17:28 |
| 1182 | 3,138.00 | CHIX | 08:18:21 |
| 1238 | 3,136.00 | CHIX | 09:10:58 |
| 40 | 3,136.00 | CHIX | 09:10:58 |
| 1188 | 3,115.00 | CHIX | 10:15:53 |
| 1238 | 3,125.00 | CHIX | 11:22:45 |
| 1124 | 3,125.00 | CHIX | 12:33:59 |
| 50 | 3,125.00 | CHIX | 12:33:59 |
| 983 | 3,132.00 | CHIX | 13:36:01 |
| 214 | 3,132.00 | CHIX | 13:36:01 |
| 205 | 3,140.00 | CHIX | 14:19:57 |
| 297 | 3,138.00 | CHIX | 14:25:14 |
| 994 | 3,138.00 | CHIX | 14:25:14 |
| 1152 | 3,154.00 | CHIX | 14:40:50 |
| 686 | 3,147.00 | CHIX | 14:59:57 |
| 408 | 3,147.00 | CHIX | 14:59:57 |
|---|---|---|---|
| 1042 | 3,146.00 | CHIX | 15:18:51 |
| 1132 | 3,162.00 | CHIX | 15:39:41 |
| 38 | 3,169.00 | CHIX | 15:52:16 |
| 259 | 3,169.00 | CHIX | 15:52:16 |
| 311 | 3,161.00 | CHIX | 16:01:55 |
| 313 | 3,171.00 | CHIX | 16:12:21 |
| 1008 | 3,148.00 | LSE | 08:00:49 |
| 1016 | 3,150.00 | LSE | 08:05:07 |
| 787 | 3,133.00 | LSE | 08:13:31 |
| 165 | 3,133.00 | LSE | 08:13:31 |
| 925 | 3,139.00 | LSE | 08:22:48 |
| 50 | 3,139.00 | LSE | 08:22:48 |
| 1013 | 3,143.00 | LSE | 08:33:21 |
| 1043 | 3,142.00 | LSE | 08:49:05 |
| 405 | 3,138.00 | LSE | 09:00:00 |
| 100 | 3,138.00 | LSE | 09:00:00 |
| 100 | 3,138.00 | LSE | 09:00:00 |
| 129 | 3,138.00 | LSE | 09:00:00 |
| 37 | 3,138.00 | LSE | 09:00:00 |
| 145 | 3,138.00 | LSE | 09:00:00 |
| 1070 | 3,140.00 | LSE | 09:10:00 |
| 879 | 3,135.00 | LSE | 09:25:59 |
| 919 | 3,122.00 | LSE | 09:37:24 |
| 971 | 3,111.00 | LSE | 09:52:07 |
| 885 | 3,110.00 | LSE | 10:04:24 |
| 953 | 3,115.00 | LSE | 10:15:53 |
| 947 | 3,114.00 | LSE | 10:27:55 |
| 982 | 3,118.00 | LSE | 10:45:01 |
| 981 | 3,119.00 | LSE | 10:56:04 |
| 957 | 3,121.00 | LSE | 11:11:30 |
| 1304 | 3,127.00 | LSE | 11:28:37 |
| 1172 | 3,120.00 | LSE | 11:48:47 |
| 938 | 3,125.00 | LSE | 12:04:05 |
| 330 | 3,125.00 | LSE | 12:04:05 |
| 1372 | 3,125.00 | LSE | 12:24:37 |
| 1280 | 3,123.00 | LSE | 12:44:01 |
| 1130 | 3,125.00 | LSE | 13:07:19 |
| 1396 | 3,133.00 | LSE | 13:23:08 |
| 26 | 3,132.00 | LSE | 13:33:03 |
| 257 | 3,132.00 | LSE | 13:33:05 |
| 940 | 3,132.00 | LSE | 13:33:06 |
| 160 | 3,132.00 | LSE | 13:33:06 |
| 1206 | 3,139.00 | LSE | 13:49:19 |
| 340 | 3,146.00 | LSE | 13:58:45 |
| 500 | 3,146.00 | LSE | 13:58:45 |
| 157 | 3,140.00 | LSE | 14:05:51 |
| 1026 | 3,140.00 | LSE | 14:05:51 |
| 1372 | 3,141.00 | LSE | 14:17:07 |
| 76 | 3,145.00 | LSE | 14:28:00 |
| 1294 | 3,145.00 | LSE | 14:28:00 |
|---|---|---|---|
| 1159 | 3,148.00 | LSE | 14:30:30 |
| 1266 | 3,146.00 | LSE | 14:32:58 |
| 1180 | 3,150.00 | LSE | 14:37:31 |
| 1329 | 3,157.00 | LSE | 14:44:12 |
| 1244 | 3,153.00 | LSE | 14:48:39 |
| 1244 | 3,150.00 | LSE | 14:53:40 |
| 1327 | 3,148.00 | LSE | 14:59:08 |
| 1167 | 3,142.00 | LSE | 15:04:08 |
| 1272 | 3,132.00 | LSE | 15:10:00 |
| 411 | 3,145.00 | LSE | 15:15:57 |
| 76 | 3,145.00 | LSE | 15:15:57 |
| 867 | 3,145.00 | LSE | 15:15:57 |
| 534 | 3,153.00 | LSE | 15:25:25 |
| 679 | 3,153.00 | LSE | 15:25:25 |
| 1311 | 3,157.00 | LSE | 15:29:10 |
| 1230 | 3,162.00 | LSE | 15:37:01 |
| 1181 | 3,168.00 | LSE | 15:43:06 |
| 1314 | 3,171.00 | LSE | 15:51:05 |
| 1380 | 3,165.00 | LSE | 15:57:19 |
| 1393 | 3,164.00 | LSE | 16:03:33 |
| 1292 | 3,168.00 | LSE | 16:10:27 |
| 432 | 3,170.00 | LSE | 16:14:10 |
| 859 | 3,170.00 | LSE | 16:14:10 |
| 1192 | 3,177.00 | LSE | 16:21:01 |
| 1371 | 3,177.00 | LSE | 16:21:01 |
| 1326 | 3,176.00 | LSE | 16:21:02 |
| 1301 | 3,175.00 | LSE | 16:22:03 |
| 705 | 3,174.00 | LSE | 16:22:32 |
| 55 | 3,174.00 | LSE | 16:23:22 |
| 164 | 3,174.00 | LSE | 16:23:22 |
| 309 | 3,174.00 | LSE | 16:23:22 |
| 377 | 3,174.00 | LSE | 16:23:22 |
| 199 | 3,175.00 | LSE | 16:24:19 |
| 41 | 3,175.00 | LSE | 16:24:22 |
| 10 | 3,175.00 | LSE | 16:24:57 |
| 1 | 3,174.00 | LSE | 16:26:46 |
Exhibit 8
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 2 April 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<br> (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><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5<br> <br> 159.15 | |
| e) | Date of the transaction | 2025-04-02 | |
| 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<br> (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><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5<br> <br> 159.15 | |
| e) | Date of the transaction | 2025-04-02 | |
| 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<br> (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><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 4<br> <br> 127.32 | |
| e) | Date of the transaction | 2025-04-02 | |
| 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<br> (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><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5<br> <br> 159.15 | |
| e) | Date of the transaction | 2025-04-02 | |
| 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<br> (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><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5<br> <br> 159.15 | |
| e) | Date of the transaction | 2025-04-02 | |
| 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<br> (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><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5<br> <br> 159.15 | |
| e) | Date of the transaction | 2025-04-02 | |
| 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<br> (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><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5<br> <br> 159.15 | |
| e) | Date of the transaction | 2025-04-02 | |
| 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<br> (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><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 5<br> <br> 159.15 | |
| e) | Date of the transaction | 2025-04-02 | |
| 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: 4 April 2025 |
Exhibit 9
British American Tobacco p.l.c.
07 April 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 April 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 128,977 |
| Highest price paid per share (pence): | 3259.00 |
| Lowest price paid per share (pence): | 3101.00 |
| Volume weighted average price paid per share (pence): | 3178.8602 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,201,996,825 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,013,619 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 April 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 | 04/04/2025 | 68,891 | 3,177.2323 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 04/04/2025 | 12,258 | 3,180.5618 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 04/04/2025 | 47,828 | 3,180.7690 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 33 | 3,234.00 | BATE | 08:00:42 |
| 37 | 3,234.00 | BATE | 08:00:42 |
| 20 | 3,234.00 | BATE | 08:00:42 |
| 20 | 3,234.00 | BATE | 08:00:42 |
| 27 | 3,234.00 | BATE | 08:00:42 |
| 96 | 3,234.00 | BATE | 08:00:42 |
| 97 | 3,234.00 | BATE | 08:00:42 |
| 80 | 3,234.00 | BATE | 08:00:42 |
| 27 | 3,234.00 | BATE | 08:00:42 |
| 27 | 3,234.00 | BATE | 08:00:42 |
| 26 | 3,234.00 | BATE | 08:00:42 |
| 24 | 3,234.00 | BATE | 08:00:42 |
| 20 | 3,234.00 | BATE | 08:00:42 |
| 318 | 3,234.00 | BATE | 08:00:42 |
| 80 | 3,234.00 | BATE | 08:00:42 |
| 28 | 3,234.00 | BATE | 08:00:42 |
| 363 | 3,234.00 | BATE | 08:00:42 |
| 14 | 3,234.00 | BATE | 08:00:42 |
| 27 | 3,234.00 | BATE | 08:00:42 |
| 1300 | 3,255.00 | BATE | 08:10:28 |
| 1501 | 3,250.00 | BATE | 08:26:08 |
| 856 | 3,230.00 | BATE | 08:47:25 |
| 492 | 3,230.00 | BATE | 08:47:25 |
| 79 | 3,230.00 | BATE | 08:47:25 |
| 1281 | 3,233.00 | BATE | 09:06:03 |
| 127 | 3,233.00 | BATE | 09:06:03 |
| 147 | 3,235.00 | BATE | 09:28:38 |
| 1096 | 3,235.00 | BATE | 09:28:38 |
| 41 | 3,228.00 | BATE | 09:48:00 |
| 105 | 3,228.00 | BATE | 09:48:00 |
| 34 | 3,228.00 | BATE | 09:48:00 |
| 1437 | 3,231.00 | BATE | 09:51:24 |
| 1381 | 3,224.00 | BATE | 10:13:40 |
| 1398 | 3,220.00 | BATE | 10:31:01 |
| 13 | 3,216.00 | BATE | 10:54:02 |
| 250 | 3,216.00 | BATE | 10:54:10 |
| 37 | 3,216.00 | BATE | 10:54:13 |
| 200 | 3,216.00 | BATE | 10:54:16 |
| 988 | 3,216.00 | BATE | 10:54:23 |
| 32 | 3,192.00 | BATE | 11:21:42 |
| 1491 | 3,192.00 | BATE | 11:22:05 |
| 289 | 3,185.00 | BATE | 11:52:13 |
| 81 | 3,185.00 | BATE | 11:52:13 |
| 984 | 3,185.00 | BATE | 11:54:26 |
| 456 | 3,178.00 | BATE | 12:13:35 |
|---|---|---|---|
| 799 | 3,178.00 | BATE | 12:13:35 |
| 212 | 3,170.00 | BATE | 12:36:45 |
| 1276 | 3,170.00 | BATE | 12:36:45 |
| 1317 | 3,165.00 | BATE | 13:04:17 |
| 1345 | 3,157.00 | BATE | 13:29:41 |
| 366 | 3,165.00 | BATE | 13:43:38 |
| 871 | 3,165.00 | BATE | 13:43:45 |
| 1300 | 3,171.00 | BATE | 13:57:54 |
| 102 | 3,200.00 | BATE | 14:11:47 |
| 19 | 3,197.00 | BATE | 14:13:00 |
| 1379 | 3,193.00 | BATE | 14:15:00 |
| 150 | 3,193.00 | BATE | 14:15:00 |
| 1304 | 3,171.00 | BATE | 14:28:14 |
| 1461 | 3,177.00 | BATE | 14:31:14 |
| 138 | 3,166.00 | BATE | 14:35:42 |
| 537 | 3,166.00 | BATE | 14:35:42 |
| 1 | 3,166.00 | BATE | 14:35:42 |
| 617 | 3,166.00 | BATE | 14:35:46 |
| 644 | 3,170.00 | BATE | 14:42:24 |
| 740 | 3,170.00 | BATE | 14:42:24 |
| 565 | 3,167.00 | BATE | 14:49:04 |
| 846 | 3,167.00 | BATE | 14:49:04 |
| 106 | 3,167.00 | BATE | 14:49:04 |
| 284 | 3,158.00 | BATE | 14:57:01 |
| 900 | 3,158.00 | BATE | 14:57:01 |
| 159 | 3,158.00 | BATE | 14:57:01 |
| 72 | 3,146.00 | BATE | 15:02:29 |
| 92 | 3,146.00 | BATE | 15:03:22 |
| 1249 | 3,146.00 | BATE | 15:03:23 |
| 17 | 3,146.00 | BATE | 15:10:57 |
| 1224 | 3,147.00 | BATE | 15:11:51 |
| 1476 | 3,142.00 | BATE | 15:19:21 |
| 1529 | 3,135.00 | BATE | 15:27:53 |
| 1250 | 3,139.00 | BATE | 15:38:03 |
| 208 | 3,128.00 | BATE | 15:46:49 |
| 297 | 3,128.00 | BATE | 15:46:49 |
| 802 | 3,128.00 | BATE | 15:46:52 |
| 1409 | 3,135.00 | BATE | 15:55:09 |
| 1451 | 3,134.00 | BATE | 16:03:54 |
| 142 | 3,136.00 | BATE | 16:10:02 |
| 142 | 3,130.00 | BATE | 16:10:59 |
| 223 | 3,131.00 | BATE | 16:12:15 |
| 1251 | 3,128.00 | BATE | 16:13:01 |
| 96 | 3,128.00 | BATE | 16:13:01 |
| 219 | 3,250.00 | CHIX | 08:15:36 |
| 1022 | 3,250.00 | CHIX | 08:26:08 |
| 302 | 3,231.00 | CHIX | 09:16:34 |
|---|---|---|---|
| 40 | 3,231.00 | CHIX | 09:16:54 |
| 513 | 3,231.00 | CHIX | 09:16:55 |
| 108 | 3,231.00 | CHIX | 09:16:55 |
| 187 | 3,231.00 | CHIX | 09:16:56 |
| 58 | 3,231.00 | CHIX | 09:17:00 |
| 1028 | 3,225.00 | CHIX | 10:19:32 |
| 964 | 3,186.00 | CHIX | 11:47:21 |
| 229 | 3,168.00 | CHIX | 12:49:55 |
| 513 | 3,165.00 | CHIX | 13:04:17 |
| 482 | 3,165.00 | CHIX | 13:04:17 |
| 376 | 3,167.00 | CHIX | 13:54:24 |
| 570 | 3,167.00 | CHIX | 13:54:24 |
| 168 | 3,171.00 | CHIX | 14:28:14 |
| 15 | 3,171.00 | CHIX | 14:28:14 |
| 800 | 3,171.00 | CHIX | 14:28:14 |
| 973 | 3,176.00 | CHIX | 14:40:18 |
| 989 | 3,161.00 | CHIX | 14:58:26 |
| 229 | 3,143.00 | CHIX | 15:17:42 |
| 813 | 3,138.00 | CHIX | 15:23:15 |
| 294 | 3,138.00 | CHIX | 15:23:15 |
| 1137 | 3,122.00 | CHIX | 15:48:36 |
| 229 | 3,131.00 | CHIX | 16:12:15 |
| 892 | 3,230.00 | LSE | 08:01:03 |
| 874 | 3,239.00 | LSE | 08:02:02 |
| 997 | 3,246.00 | LSE | 08:05:05 |
| 922 | 3,248.00 | LSE | 08:06:47 |
| 906 | 3,247.00 | LSE | 08:07:10 |
| 966 | 3,259.00 | LSE | 08:09:44 |
| 596 | 3,254.00 | LSE | 08:13:44 |
| 286 | 3,254.00 | LSE | 08:13:50 |
| 1023 | 3,250.00 | LSE | 08:26:08 |
| 879 | 3,239.00 | LSE | 08:37:34 |
| 64 | 3,223.00 | LSE | 08:56:33 |
| 916 | 3,223.00 | LSE | 08:56:50 |
| 955 | 3,236.00 | LSE | 09:03:19 |
| 1 | 3,236.00 | LSE | 09:03:19 |
| 1027 | 3,236.00 | LSE | 09:10:11 |
| 710 | 3,235.00 | LSE | 09:25:53 |
| 368 | 3,235.00 | LSE | 09:25:53 |
| 929 | 3,236.00 | LSE | 09:30:44 |
| 881 | 3,228.00 | LSE | 09:38:52 |
| 1030 | 3,232.00 | LSE | 09:53:45 |
| 1039 | 3,225.00 | LSE | 10:19:32 |
| 964 | 3,221.00 | LSE | 10:19:51 |
| 972 | 3,221.00 | LSE | 10:30:27 |
| 671 | 3,219.00 | LSE | 10:44:56 |
| 300 | 3,219.00 | LSE | 10:44:56 |
|---|---|---|---|
| 915 | 3,217.00 | LSE | 10:55:39 |
| 1054 | 3,208.00 | LSE | 11:03:25 |
| 250 | 3,201.00 | LSE | 11:19:13 |
| 725 | 3,201.00 | LSE | 11:19:17 |
| 952 | 3,197.00 | LSE | 11:34:56 |
| 18 | 3,197.00 | LSE | 11:34:56 |
| 975 | 3,185.00 | LSE | 11:52:13 |
| 964 | 3,178.00 | LSE | 12:03:57 |
| 874 | 3,177.00 | LSE | 12:24:30 |
| 1063 | 3,173.00 | LSE | 12:36:28 |
| 873 | 3,164.00 | LSE | 12:54:49 |
| 932 | 3,163.00 | LSE | 13:08:07 |
| 955 | 3,144.00 | LSE | 13:21:39 |
| 886 | 3,158.00 | LSE | 13:32:38 |
| 613 | 3,168.00 | LSE | 13:33:41 |
| 45 | 3,170.00 | LSE | 13:34:28 |
| 213 | 3,170.00 | LSE | 13:35:04 |
| 129 | 3,170.00 | LSE | 13:35:04 |
| 501 | 3,165.00 | LSE | 13:40:13 |
| 493 | 3,165.00 | LSE | 13:40:13 |
| 1012 | 3,161.00 | LSE | 13:50:56 |
| 1042 | 3,186.00 | LSE | 14:02:37 |
| 957 | 3,206.00 | LSE | 14:11:17 |
| 95 | 3,206.00 | LSE | 14:11:17 |
| 926 | 3,184.00 | LSE | 14:21:15 |
| 926 | 3,171.00 | LSE | 14:28:14 |
| 872 | 3,173.00 | LSE | 14:30:58 |
| 978 | 3,170.00 | LSE | 14:33:38 |
| 477 | 3,165.00 | LSE | 14:35:08 |
| 54 | 3,165.00 | LSE | 14:35:08 |
| 196 | 3,165.00 | LSE | 14:35:08 |
| 50 | 3,165.00 | LSE | 14:35:08 |
| 100 | 3,165.00 | LSE | 14:35:08 |
| 20 | 3,165.00 | LSE | 14:35:08 |
| 1022 | 3,166.00 | LSE | 14:38:56 |
| 921 | 3,174.00 | LSE | 14:44:30 |
| 37 | 3,172.00 | LSE | 14:48:08 |
| 898 | 3,172.00 | LSE | 14:48:08 |
| 912 | 3,173.00 | LSE | 14:52:59 |
| 1033 | 3,158.00 | LSE | 14:57:01 |
| 954 | 3,152.00 | LSE | 15:00:30 |
| 885 | 3,149.00 | LSE | 15:05:52 |
| 122 | 3,149.00 | LSE | 15:05:52 |
| 68 | 3,150.00 | LSE | 15:10:02 |
| 837 | 3,150.00 | LSE | 15:10:02 |
| 38 | 3,141.00 | LSE | 15:14:43 |
| 302 | 3,141.00 | LSE | 15:14:44 |
|---|---|---|---|
| 68 | 3,141.00 | LSE | 15:14:44 |
| 610 | 3,141.00 | LSE | 15:14:44 |
| 261 | 3,139.00 | LSE | 15:20:41 |
| 760 | 3,139.00 | LSE | 15:20:41 |
| 978 | 3,138.00 | LSE | 15:27:22 |
| 1046 | 3,141.00 | LSE | 15:31:52 |
| 639 | 3,138.00 | LSE | 15:38:08 |
| 398 | 3,138.00 | LSE | 15:38:08 |
| 305 | 3,130.00 | LSE | 15:43:42 |
| 1058 | 3,131.00 | LSE | 15:45:26 |
| 1043 | 3,132.00 | LSE | 15:53:14 |
| 932 | 3,135.00 | LSE | 15:57:41 |
| 200 | 3,134.00 | LSE | 16:03:27 |
| 744 | 3,134.00 | LSE | 16:03:54 |
| 1047 | 3,134.00 | LSE | 16:07:34 |
| 991 | 3,129.00 | LSE | 16:11:04 |
| 64 | 3,129.00 | LSE | 16:11:04 |
| 1117 | 3,123.00 | LSE | 16:15:21 |
| 983 | 3,122.00 | LSE | 16:15:42 |
| 40 | 3,122.00 | LSE | 16:15:42 |
| 139 | 3,124.00 | LSE | 16:17:54 |
| 825 | 3,124.00 | LSE | 16:17:54 |
| 1670 | 3,124.00 | LSE | 16:17:54 |
| 1043 | 3,121.00 | LSE | 16:18:19 |
| 1010 | 3,115.00 | LSE | 16:19:21 |
| 44 | 3,112.00 | LSE | 16:19:45 |
| 825 | 3,112.00 | LSE | 16:19:45 |
| 563 | 3,112.00 | LSE | 16:20:55 |
| 641 | 3,112.00 | LSE | 16:20:55 |
| 168 | 3,107.00 | LSE | 16:25:14 |
| 24 | 3,107.00 | LSE | 16:25:14 |
| 32 | 3,107.00 | LSE | 16:25:14 |
| 24 | 3,107.00 | LSE | 16:25:14 |
| 37 | 3,107.00 | LSE | 16:25:14 |
| 30 | 3,107.00 | LSE | 16:25:14 |
| 175 | 3,107.00 | LSE | 16:25:14 |
| 23 | 3,107.00 | LSE | 16:25:34 |
| 1 | 3,102.00 | LSE | 16:26:02 |
| 1 | 3,101.00 | LSE | 16:27:18 |
Exhibit 10
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 | Serpil Timuray | |
| 2 | Reason for the notification | ||
| a) | Position/status | Non-Executive Director | |
| b) | Initial notification /Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | British American Tobacco p.l.c. | |
| b) | LEI | 213800FKA5MF17RJKT63 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and<br> (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 shares in the joint names of Serpil Timuray and Abdurrahman Murat Timuray | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 3,275 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 3,275<br> <br> 104,800.00 | |
| e) | Date of the transaction | 2025-04-04 | |
| 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 | Abdurrahman Murat Timuray | |
| 2 | Reason for the notification | ||
| a) | Position/status | Person Closely Associated with a person discharging managerial responsibilities; Serpil Timuray, Non-Executive Director | |
| b) | Initial notification /Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | British American Tobacco p.l.c. | |
| b) | LEI | 213800FKA5MF17RJKT63 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and<br> (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 shares in the joint names of Serpil Timuray and Abdurrahman Murat Timuray | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 3,275 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 3,275<br> <br> 104,800.00 | |
| e) | Date of the transaction | 2025-04-04 | |
| 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: 7 April 2025 |
Exhibit 11
British American Tobacco p.l.c.
8 April 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 April 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 136,481 |
| Highest price paid per share (pence): | 3,076.00 |
| Lowest price paid per share (pence): | 2,932.00 |
| Volume weighted average price paid per share (pence): | 2,999.5163 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,201,860,344 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,013,619 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 7 April 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 | 07/04/2025 | 64,234 | 2,999.2910 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 07/04/2025 | 16,473 | 2,997.7167 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 07/04/2025 | 55,774 | 3,000.3073 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 923 | 3,002.00 | LSE | 08:00:24 |
| 1295 | 3,006.00 | BATE | 08:00:58 |
| 980 | 2,951.00 | LSE | 08:03:46 |
| 1237 | 2,943.00 | BATE | 08:09:19 |
| 1073 | 2,932.00 | LSE | 08:11:25 |
| 1194 | 2,950.00 | CHIX | 08:17:03 |
| 664 | 2,950.00 | LSE | 08:21:47 |
| 225 | 2,950.00 | LSE | 08:21:47 |
| 1073 | 2,950.00 | LSE | 08:26:19 |
| 185 | 2,966.00 | BATE | 08:28:26 |
| 538 | 2,966.00 | BATE | 08:28:33 |
| 580 | 2,966.00 | BATE | 08:28:33 |
| 1035 | 2,977.00 | LSE | 08:37:08 |
| 1370 | 2,984.00 | BATE | 08:45:40 |
| 1245 | 2,989.00 | CHIX | 08:47:48 |
| 1069 | 2,988.00 | LSE | 08:49:46 |
| 521 | 2,987.00 | LSE | 09:02:36 |
| 1298 | 2,986.00 | BATE | 09:02:58 |
| 574 | 2,997.00 | LSE | 09:07:06 |
| 376 | 2,997.00 | LSE | 09:07:06 |
| 975 | 2,983.00 | LSE | 09:19:22 |
| 1237 | 2,980.00 | BATE | 09:20:46 |
| 873 | 2,968.00 | LSE | 09:31:14 |
| 1357 | 2,962.00 | BATE | 09:39:29 |
| 1030 | 2,966.00 | LSE | 09:43:09 |
| 1071 | 2,982.00 | CHIX | 09:50:39 |
| 77 | 2,987.00 | LSE | 09:56:19 |
| 266 | 2,987.00 | LSE | 09:56:19 |
| 207 | 2,987.00 | LSE | 09:56:19 |
| 371 | 2,987.00 | LSE | 09:56:19 |
| 129 | 2,987.00 | LSE | 09:56:19 |
| 46 | 2,982.00 | BATE | 09:59:46 |
| 1374 | 2,988.00 | BATE | 10:02:09 |
| 1005 | 2,992.00 | LSE | 10:12:44 |
| 822 | 2,978.00 | BATE | 10:16:39 |
| 406 | 2,978.00 | BATE | 10:16:39 |
| 869 | 2,980.00 | LSE | 10:19:00 |
| 942 | 2,986.00 | LSE | 10:31:20 |
| 1 | 2,991.00 | BATE | 10:37:24 |
| 820 | 2,993.00 | BATE | 10:38:23 |
| 538 | 2,993.00 | BATE | 10:38:23 |
| 1092 | 2,992.00 | CHIX | 10:40:55 |
| 933 | 2,993.00 | LSE | 10:45:32 |
| 461 | 2,987.00 | BATE | 10:56:22 |
| 698 | 2,987.00 | BATE | 10:56:22 |
|---|---|---|---|
| 300 | 2,987.00 | BATE | 10:56:22 |
| 880 | 2,984.00 | LSE | 10:57:29 |
| 148 | 2,984.00 | LSE | 10:57:29 |
| 871 | 2,992.00 | LSE | 11:12:33 |
| 692 | 2,992.00 | BATE | 11:20:03 |
| 603 | 2,992.00 | BATE | 11:20:03 |
| 1059 | 2,994.00 | LSE | 11:25:12 |
| 1064 | 2,987.00 | LSE | 11:40:29 |
| 1197 | 2,988.00 | BATE | 11:42:35 |
| 1294 | 2,989.00 | CHIX | 11:42:35 |
| 1 | 2,988.00 | BATE | 11:51:17 |
| 179 | 2,988.00 | BATE | 11:51:17 |
| 983 | 2,972.00 | LSE | 11:56:43 |
| 240 | 2,969.00 | BATE | 12:00:10 |
| 1210 | 2,969.00 | BATE | 12:00:17 |
| 24 | 2,969.00 | BATE | 12:00:17 |
| 957 | 2,978.00 | LSE | 12:10:40 |
| 386 | 2,980.00 | LSE | 12:22:54 |
| 526 | 2,980.00 | LSE | 12:22:54 |
| 1438 | 2,979.00 | BATE | 12:24:51 |
| 1170 | 2,979.00 | CHIX | 12:24:51 |
| 1107 | 2,956.00 | LSE | 12:35:53 |
| 34 | 2,955.00 | BATE | 12:47:40 |
| 321 | 2,955.00 | BATE | 12:47:40 |
| 538 | 2,955.00 | BATE | 12:47:51 |
| 621 | 2,955.00 | BATE | 12:49:07 |
| 833 | 2,957.00 | LSE | 12:52:32 |
| 118 | 2,957.00 | LSE | 12:52:32 |
| 20 | 2,957.00 | LSE | 12:52:32 |
| 218 | 2,962.00 | LSE | 13:05:49 |
| 400 | 2,962.00 | LSE | 13:05:49 |
| 464 | 2,962.00 | LSE | 13:05:49 |
| 1210 | 2,952.00 | BATE | 13:12:03 |
| 141 | 2,952.00 | BATE | 13:12:03 |
| 944 | 2,959.00 | LSE | 13:20:23 |
| 1107 | 2,964.00 | CHIX | 13:29:05 |
| 1249 | 2,967.00 | BATE | 13:30:20 |
| 1020 | 2,969.00 | LSE | 13:31:05 |
| 1083 | 2,954.00 | LSE | 13:38:41 |
| 909 | 2,949.00 | BATE | 13:43:58 |
| 526 | 2,949.00 | BATE | 13:44:01 |
| 31 | 2,949.00 | BATE | 13:44:01 |
| 12 | 2,949.00 | BATE | 13:44:01 |
| 1101 | 2,959.00 | LSE | 13:48:50 |
| 1111 | 2,967.00 | LSE | 13:58:26 |
| 1362 | 2,966.00 | BATE | 13:59:29 |
| 507 | 2,964.00 | LSE | 14:07:30 |
| 492 | 2,964.00 | LSE | 14:07:30 |
|---|---|---|---|
| 1105 | 2,967.00 | CHIX | 14:10:03 |
| 667 | 2,968.00 | BATE | 14:14:01 |
| 301 | 2,968.00 | BATE | 14:14:01 |
| 500 | 2,971.00 | LSE | 14:16:24 |
| 486 | 2,971.00 | LSE | 14:16:43 |
| 928 | 2,976.00 | BATE | 14:22:36 |
| 496 | 2,976.00 | BATE | 14:24:21 |
| 600 | 2,975.00 | LSE | 14:24:22 |
| 139 | 2,975.00 | LSE | 14:24:22 |
| 352 | 2,975.00 | LSE | 14:24:27 |
| 100 | 2,972.00 | BATE | 14:29:31 |
| 52 | 2,972.00 | BATE | 14:29:31 |
| 180 | 2,972.00 | BATE | 14:29:31 |
| 101 | 2,972.00 | BATE | 14:29:31 |
| 1018 | 2,971.00 | LSE | 14:29:38 |
| 160 | 2,965.00 | BATE | 14:29:59 |
| 1466 | 2,963.00 | BATE | 14:30:25 |
| 1148 | 2,976.00 | CHIX | 14:31:24 |
| 33 | 2,991.00 | LSE | 14:33:33 |
| 50 | 2,991.00 | LSE | 14:33:33 |
| 172 | 2,991.00 | LSE | 14:33:33 |
| 390 | 2,991.00 | LSE | 14:33:33 |
| 293 | 2,991.00 | LSE | 14:33:33 |
| 1052 | 2,992.00 | LSE | 14:33:33 |
| 1352 | 2,989.00 | BATE | 14:33:49 |
| 1141 | 2,977.00 | LSE | 14:36:05 |
| 1246 | 2,974.00 | BATE | 14:39:48 |
| 936 | 2,983.00 | LSE | 14:42:08 |
| 1355 | 2,997.00 | BATE | 14:45:35 |
| 1021 | 2,995.00 | LSE | 14:46:09 |
| 1183 | 2,999.00 | CHIX | 14:47:29 |
| 1125 | 3,006.00 | LSE | 14:49:06 |
| 274 | 3,002.00 | BATE | 14:52:00 |
| 1057 | 3,002.00 | BATE | 14:52:00 |
| 90 | 3,002.00 | BATE | 14:52:00 |
| 104 | 3,001.00 | LSE | 14:52:47 |
| 934 | 3,001.00 | LSE | 14:52:47 |
| 1382 | 3,021.00 | BATE | 14:58:42 |
| 978 | 3,019.00 | LSE | 14:59:11 |
| 1020 | 3,021.00 | LSE | 15:00:39 |
| 110 | 3,031.00 | BATE | 15:04:10 |
| 16 | 3,031.00 | BATE | 15:04:10 |
| 1010 | 3,029.00 | LSE | 15:04:29 |
| 1381 | 3,028.00 | BATE | 15:04:39 |
| 1064 | 3,024.00 | CHIX | 15:06:36 |
| 991 | 3,013.00 | LSE | 15:09:04 |
| 96 | 3,043.00 | BATE | 15:11:52 |
| 782 | 3,043.00 | BATE | 15:11:54 |
|---|---|---|---|
| 435 | 3,043.00 | BATE | 15:11:54 |
| 1051 | 3,059.00 | LSE | 15:15:55 |
| 1446 | 3,076.00 | BATE | 15:18:49 |
| 483 | 3,075.00 | LSE | 15:18:50 |
| 25 | 3,075.00 | LSE | 15:18:50 |
| 548 | 3,075.00 | LSE | 15:18:50 |
| 1013 | 3,059.00 | LSE | 15:22:06 |
| 1434 | 3,052.00 | BATE | 15:23:24 |
| 926 | 3,044.00 | LSE | 15:27:05 |
| 568 | 3,042.00 | CHIX | 15:29:05 |
| 291 | 3,042.00 | CHIX | 15:29:05 |
| 940 | 3,040.00 | LSE | 15:32:02 |
| 378 | 3,042.00 | BATE | 15:32:33 |
| 916 | 3,042.00 | BATE | 15:32:33 |
| 50 | 3,043.00 | LSE | 15:36:17 |
| 1038 | 3,043.00 | LSE | 15:36:18 |
| 1489 | 3,036.00 | BATE | 15:40:35 |
| 920 | 3,039.00 | LSE | 15:43:24 |
| 924 | 3,037.00 | LSE | 15:47:25 |
| 941 | 3,036.00 | CHIX | 15:47:50 |
| 191 | 3,040.00 | BATE | 15:50:03 |
| 355 | 3,040.00 | BATE | 15:50:14 |
| 872 | 3,040.00 | BATE | 15:50:14 |
| 943 | 3,046.00 | LSE | 15:52:54 |
| 1228 | 3,063.00 | BATE | 15:57:51 |
| 921 | 3,062.00 | LSE | 15:57:59 |
| 997 | 3,057.00 | LSE | 16:01:34 |
| 82 | 3,065.00 | BATE | 16:03:47 |
| 678 | 3,065.00 | BATE | 16:04:26 |
| 819 | 3,065.00 | BATE | 16:04:56 |
| 19 | 3,065.00 | BATE | 16:04:56 |
| 800 | 3,067.00 | CHIX | 16:05:30 |
| 948 | 3,066.00 | LSE | 16:05:53 |
| 1089 | 3,059.00 | LSE | 16:11:00 |
| 1377 | 3,060.00 | BATE | 16:11:58 |
| 992 | 3,056.00 | LSE | 16:14:29 |
| 1330 | 3,050.00 | BATE | 16:17:57 |
| 481 | 3,050.00 | CHIX | 16:18:48 |
| 964 | 3,050.00 | LSE | 16:18:48 |
| 1032 | 3,051.00 | LSE | 16:21:53 |
| 719 | 3,048.00 | CHIX | 16:23:32 |
| 1 | 3,048.00 | BATE | 16:23:33 |
| 144 | 3,048.00 | BATE | 16:23:33 |
| 1026 | 3,048.00 | BATE | 16:23:35 |
| 36 | 3,048.00 | BATE | 16:23:38 |
| 150 | 3,048.00 | BATE | 16:23:49 |
| 1134 | 3,038.00 | LSE | 16:26:03 |
| 675 | 3,037.00 | BATE | 16:26:53 |
|---|---|---|---|
| 469 | 3,034.00 | LSE | 16:27:43 |
Exhibit 12
British American Tobacco p.l.c.
9 April 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: | 08 April 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 131,300 |
| Highest price paid per share (pence): | 3,168.00 |
| Lowest price paid per share (pence): | 3,071.00 |
| Volume weighted average price paid per share (pence): | 3,122.5967 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,201,729,044 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,013,619 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 8 April 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 | 08/04/2025 | 70,860 | 3,125.5006 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 08/04/2025 | 14,850 | 3,121.0067 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 08/04/2025 | 45,590 | 3,118.6010 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 1108 | 3,103.00 | BATE | 08:01:03 |
| 378 | 3,103.00 | BATE | 08:01:03 |
| 1363 | 3,106.00 | BATE | 08:12:03 |
| 1315 | 3,095.00 | BATE | 08:28:10 |
| 88 | 3,082.00 | BATE | 08:46:39 |
| 157 | 3,084.00 | BATE | 08:48:01 |
| 27 | 3,084.00 | BATE | 08:48:01 |
| 159 | 3,084.00 | BATE | 08:48:03 |
| 153 | 3,084.00 | BATE | 08:48:03 |
| 801 | 3,084.00 | BATE | 08:48:06 |
| 522 | 3,093.00 | BATE | 09:04:49 |
| 646 | 3,093.00 | BATE | 09:04:49 |
| 71 | 3,093.00 | BATE | 09:04:49 |
| 88 | 3,093.00 | BATE | 09:04:49 |
| 3 | 3,093.00 | BATE | 09:04:49 |
| 67 | 3,093.00 | BATE | 09:04:49 |
| 34 | 3,091.00 | BATE | 09:26:08 |
| 346 | 3,091.00 | BATE | 09:26:13 |
| 158 | 3,091.00 | BATE | 09:26:15 |
| 292 | 3,091.00 | BATE | 09:26:47 |
| 40 | 3,091.00 | BATE | 09:26:50 |
| 265 | 3,091.00 | BATE | 09:27:22 |
| 134 | 3,091.00 | BATE | 09:27:22 |
| 1241 | 3,090.00 | BATE | 09:45:26 |
| 1259 | 3,108.00 | BATE | 10:05:45 |
| 1352 | 3,101.00 | BATE | 10:24:19 |
| 1208 | 3,098.00 | BATE | 10:49:45 |
| 121 | 3,098.00 | BATE | 10:49:45 |
| 875 | 3,084.00 | BATE | 11:11:38 |
| 538 | 3,084.00 | BATE | 11:11:38 |
| 395 | 3,089.00 | BATE | 11:39:40 |
| 849 | 3,089.00 | BATE | 11:40:11 |
| 1045 | 3,096.00 | BATE | 12:00:55 |
| 223 | 3,096.00 | BATE | 12:00:55 |
| 1421 | 3,098.00 | BATE | 12:26:50 |
| 512 | 3,112.00 | BATE | 12:49:57 |
| 32 | 3,112.00 | BATE | 12:50:08 |
| 727 | 3,112.00 | BATE | 12:50:08 |
| 1265 | 3,107.00 | BATE | 13:12:20 |
| 1362 | 3,105.00 | BATE | 13:32:53 |
| 55 | 3,104.00 | BATE | 13:47:42 |
| 54 | 3,105.00 | BATE | 13:48:17 |
| 1509 | 3,111.00 | BATE | 13:51:29 |
| 270 | 3,118.00 | BATE | 14:06:35 |
| 65 | 3,128.00 | BATE | 14:09:08 |
|---|---|---|---|
| 1399 | 3,123.00 | BATE | 14:10:01 |
| 1057 | 3,124.00 | BATE | 14:24:27 |
| 248 | 3,124.00 | BATE | 14:24:27 |
| 1462 | 3,125.00 | BATE | 14:30:13 |
| 1438 | 3,122.00 | BATE | 14:33:14 |
| 47 | 3,131.00 | BATE | 14:40:01 |
| 1233 | 3,131.00 | BATE | 14:40:20 |
| 492 | 3,129.00 | BATE | 14:47:00 |
| 519 | 3,129.00 | BATE | 14:47:11 |
| 340 | 3,129.00 | BATE | 14:47:11 |
| 81 | 3,135.00 | BATE | 14:54:06 |
| 250 | 3,135.00 | BATE | 14:54:06 |
| 973 | 3,135.00 | BATE | 14:54:36 |
| 282 | 3,143.00 | BATE | 15:00:39 |
| 305 | 3,143.00 | BATE | 15:00:39 |
| 24 | 3,143.00 | BATE | 15:00:39 |
| 61 | 3,143.00 | BATE | 15:00:39 |
| 450 | 3,143.00 | BATE | 15:00:39 |
| 134 | 3,143.00 | BATE | 15:00:39 |
| 1489 | 3,145.00 | BATE | 15:02:39 |
| 38 | 3,144.00 | BATE | 15:10:29 |
| 612 | 3,144.00 | BATE | 15:10:30 |
| 160 | 3,144.00 | BATE | 15:10:31 |
| 353 | 3,144.00 | BATE | 15:10:38 |
| 63 | 3,144.00 | BATE | 15:10:38 |
| 300 | 3,144.00 | BATE | 15:10:38 |
| 1142 | 3,159.00 | BATE | 15:21:51 |
| 123 | 3,159.00 | BATE | 15:21:51 |
| 1244 | 3,155.00 | BATE | 15:29:44 |
| 100 | 3,158.00 | BATE | 15:37:55 |
| 1214 | 3,158.00 | BATE | 15:37:55 |
| 735 | 3,162.00 | BATE | 15:47:30 |
| 91 | 3,162.00 | BATE | 15:48:22 |
| 1289 | 3,168.00 | BATE | 15:55:08 |
| 131 | 3,161.00 | BATE | 16:00:34 |
| 118 | 3,161.00 | BATE | 16:00:34 |
| 369 | 3,161.00 | BATE | 16:00:34 |
| 131 | 3,161.00 | BATE | 16:00:34 |
| 369 | 3,161.00 | BATE | 16:00:34 |
| 131 | 3,161.00 | BATE | 16:00:34 |
| 1325 | 3,090.00 | CHIX | 08:16:48 |
| 383 | 3,088.00 | CHIX | 09:16:02 |
| 878 | 3,088.00 | CHIX | 09:16:02 |
| 1164 | 3,104.00 | CHIX | 10:15:52 |
| 114 | 3,104.00 | CHIX | 10:15:52 |
| 958 | 3,099.00 | CHIX | 10:48:24 |
| 111 | 3,099.00 | CHIX | 10:48:24 |
| 54 | 3,092.00 | CHIX | 11:54:00 |
|---|---|---|---|
| 166 | 3,092.00 | CHIX | 11:55:44 |
| 513 | 3,092.00 | CHIX | 11:55:47 |
| 141 | 3,092.00 | CHIX | 11:55:47 |
| 174 | 3,092.00 | CHIX | 11:55:48 |
| 1123 | 3,113.00 | CHIX | 12:54:37 |
| 72 | 3,112.00 | CHIX | 13:51:23 |
| 1168 | 3,117.00 | CHIX | 13:53:53 |
| 472 | 3,123.00 | CHIX | 14:29:46 |
| 14 | 3,123.00 | CHIX | 14:29:46 |
| 2 | 3,123.00 | CHIX | 14:30:00 |
| 3 | 3,123.00 | CHIX | 14:30:00 |
| 645 | 3,123.00 | CHIX | 14:30:15 |
| 870 | 3,133.00 | CHIX | 14:37:25 |
| 213 | 3,133.00 | CHIX | 14:37:25 |
| 958 | 3,147.00 | CHIX | 14:57:23 |
| 250 | 3,145.00 | CHIX | 15:15:09 |
| 940 | 3,157.00 | CHIX | 15:21:33 |
| 37 | 3,157.00 | CHIX | 15:21:36 |
| 238 | 3,165.00 | CHIX | 15:43:46 |
| 755 | 3,165.00 | CHIX | 15:43:46 |
| 344 | 3,164.00 | CHIX | 16:05:09 |
| 235 | 3,164.00 | CHIX | 16:05:52 |
| 530 | 3,164.00 | CHIX | 16:06:19 |
| 978 | 3,102.00 | LSE | 08:00:48 |
| 1118 | 3,098.00 | LSE | 08:01:04 |
| 946 | 3,071.00 | LSE | 08:02:26 |
| 44 | 3,096.00 | LSE | 08:04:00 |
| 988 | 3,097.00 | LSE | 08:04:00 |
| 1053 | 3,102.00 | LSE | 08:04:44 |
| 987 | 3,098.00 | LSE | 08:07:55 |
| 1012 | 3,102.00 | LSE | 08:12:38 |
| 969 | 3,083.00 | LSE | 08:19:00 |
| 925 | 3,093.00 | LSE | 08:29:09 |
| 1098 | 3,084.00 | LSE | 08:37:00 |
| 930 | 3,084.00 | LSE | 08:48:00 |
| 958 | 3,108.00 | LSE | 08:59:44 |
| 955 | 3,090.00 | LSE | 09:12:18 |
| 946 | 3,091.00 | LSE | 09:26:46 |
| 15 | 3,086.00 | LSE | 09:40:33 |
| 954 | 3,086.00 | LSE | 09:40:33 |
| 120 | 3,086.00 | LSE | 09:40:33 |
| 1079 | 3,091.00 | LSE | 09:53:16 |
| 1046 | 3,101.00 | LSE | 10:02:00 |
| 1098 | 3,101.00 | LSE | 10:25:17 |
| 118 | 3,096.00 | LSE | 10:36:09 |
| 916 | 3,096.00 | LSE | 10:37:00 |
| 1104 | 3,093.00 | LSE | 10:58:00 |
| 968 | 3,083.00 | LSE | 11:11:51 |
|---|---|---|---|
| 1097 | 3,089.00 | LSE | 11:39:40 |
| 953 | 3,099.00 | LSE | 12:01:45 |
| 959 | 3,094.00 | LSE | 12:11:45 |
| 1096 | 3,098.00 | LSE | 12:27:41 |
| 772 | 3,111.00 | LSE | 12:50:08 |
| 166 | 3,111.00 | LSE | 12:50:08 |
| 977 | 3,117.00 | LSE | 12:58:15 |
| 1061 | 3,120.00 | LSE | 13:03:06 |
| 1105 | 3,112.00 | LSE | 13:14:56 |
| 1127 | 3,105.00 | LSE | 13:35:03 |
| 554 | 3,118.00 | LSE | 13:58:46 |
| 524 | 3,118.00 | LSE | 13:58:46 |
| 1038 | 3,119.00 | LSE | 14:04:04 |
| 1144 | 3,123.00 | LSE | 14:13:32 |
| 918 | 3,123.00 | LSE | 14:25:01 |
| 89 | 3,123.00 | LSE | 14:25:01 |
| 1014 | 3,124.00 | LSE | 14:30:15 |
| 1032 | 3,120.00 | LSE | 14:32:32 |
| 1117 | 3,134.00 | LSE | 14:35:54 |
| 925 | 3,131.00 | LSE | 14:40:02 |
| 1098 | 3,127.00 | LSE | 14:45:16 |
| 899 | 3,132.00 | LSE | 14:48:37 |
| 80 | 3,132.00 | LSE | 14:48:37 |
| 1030 | 3,135.00 | LSE | 14:53:09 |
| 1087 | 3,146.00 | LSE | 14:57:46 |
| 1017 | 3,141.00 | LSE | 15:01:24 |
| 1098 | 3,143.00 | LSE | 15:06:35 |
| 968 | 3,146.00 | LSE | 15:09:58 |
| 1039 | 3,144.00 | LSE | 15:12:33 |
| 1026 | 3,154.00 | LSE | 15:20:40 |
| 1058 | 3,157.00 | LSE | 15:21:36 |
| 916 | 3,156.00 | LSE | 15:25:23 |
| 108 | 3,156.00 | LSE | 15:25:23 |
| 291 | 3,150.00 | LSE | 15:30:37 |
| 137 | 3,150.00 | LSE | 15:30:37 |
| 685 | 3,150.00 | LSE | 15:30:37 |
| 1121 | 3,158.00 | LSE | 15:36:53 |
| 274 | 3,164.00 | LSE | 15:44:01 |
| 872 | 3,164.00 | LSE | 15:44:01 |
| 204 | 3,162.00 | LSE | 15:47:44 |
| 300 | 3,162.00 | LSE | 15:47:44 |
| 300 | 3,162.00 | LSE | 15:47:44 |
| 263 | 3,162.00 | LSE | 15:47:44 |
| 923 | 3,164.00 | LSE | 15:53:23 |
| 1066 | 3,164.00 | LSE | 15:57:19 |
| 52 | 3,161.00 | LSE | 16:00:34 |
| 373 | 3,161.00 | LSE | 16:00:34 |
| 127 | 3,161.00 | LSE | 16:00:34 |
|---|---|---|---|
| 198 | 3,161.00 | LSE | 16:00:34 |
| 175 | 3,161.00 | LSE | 16:00:34 |
| 999 | 3,164.00 | LSE | 16:05:52 |
| 959 | 3,167.00 | LSE | 16:10:31 |
| 1005 | 3,167.00 | LSE | 16:11:28 |
| 1074 | 3,164.00 | LSE | 16:12:20 |
| 1033 | 3,158.00 | LSE | 16:12:44 |
| 1123 | 3,156.00 | LSE | 16:14:33 |
| 956 | 3,152.00 | LSE | 16:15:13 |
| 180 | 3,150.00 | LSE | 16:15:59 |
| 494 | 3,150.00 | LSE | 16:15:59 |
| 416 | 3,150.00 | LSE | 16:15:59 |
| 1122 | 3,154.00 | LSE | 16:17:30 |
| 636 | 3,153.00 | LSE | 16:18:22 |
| 363 | 3,153.00 | LSE | 16:18:22 |
| 235 | 3,160.00 | LSE | 16:20:20 |
| 332 | 3,160.00 | LSE | 16:20:20 |
| 106 | 3,160.00 | LSE | 16:20:20 |
| 1466 | 3,160.00 | LSE | 16:20:20 |
| 183 | 3,153.00 | LSE | 16:22:29 |
| 124 | 3,153.00 | LSE | 16:23:03 |
| 121 | 3,151.00 | LSE | 16:23:10 |
| 122 | 3,150.00 | LSE | 16:23:21 |
| 30 | 3,145.00 | LSE | 16:26:25 |
| 3 | 3,144.00 | LSE | 16:26:53 |
Exhibit 13
British American Tobacco p.l.c.
10 April 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: | 09 April 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 133,375 |
| Highest price paid per share (pence): | 3,111.00 |
| Lowest price paid per share (pence): | 3,045.00 |
| Volume weighted average price paid per share (pence): | 3,074.0296 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,201,596,188 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,013,619 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 9 April 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 | 09/04/2025 | 72,121 | 3,074.3988 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 09/04/2025 | 14,273 | 3,073.3630 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 09/04/2025 | 46,981 | 3,073.6653 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> purchased | Transaction price<br><br> (per share) | Market | Time of transaction |
|---|---|---|---|
| 1258 | 3,111.00 | BATE | 08:00:28 |
| 1472 | 3,082.00 | BATE | 08:09:15 |
| 59 | 3,072.00 | BATE | 08:26:59 |
| 1387 | 3,072.00 | BATE | 08:27:18 |
| 848 | 3,091.00 | BATE | 08:49:41 |
| 538 | 3,091.00 | BATE | 08:49:41 |
| 38 | 3,086.00 | BATE | 09:06:33 |
| 896 | 3,086.00 | BATE | 09:06:40 |
| 538 | 3,086.00 | BATE | 09:06:40 |
| 495 | 3,058.00 | BATE | 09:29:41 |
| 872 | 3,058.00 | BATE | 09:29:53 |
| 1487 | 3,068.00 | BATE | 09:51:26 |
| 72 | 3,076.00 | BATE | 10:17:09 |
| 1 | 3,076.00 | BATE | 10:17:09 |
| 365 | 3,075.00 | BATE | 10:17:42 |
| 198 | 3,075.00 | BATE | 10:17:43 |
| 263 | 3,075.00 | BATE | 10:17:44 |
| 403 | 3,075.00 | BATE | 10:17:44 |
| 999 | 3,079.00 | BATE | 10:33:03 |
| 356 | 3,079.00 | BATE | 10:33:03 |
| 1293 | 3,066.00 | BATE | 10:55:32 |
| 94 | 3,066.00 | BATE | 11:17:32 |
| 137 | 3,066.00 | BATE | 11:17:34 |
| 81 | 3,066.00 | BATE | 11:19:31 |
| 91 | 3,066.00 | BATE | 11:19:55 |
| 85 | 3,066.00 | BATE | 11:20:00 |
| 87 | 3,066.00 | BATE | 11:20:03 |
| 87 | 3,066.00 | BATE | 11:20:03 |
| 55 | 3,066.00 | BATE | 11:23:32 |
| 707 | 3,066.00 | BATE | 11:26:24 |
| 360 | 3,061.00 | BATE | 11:44:02 |
| 134 | 3,061.00 | BATE | 11:44:02 |
| 1200 | 3,071.00 | BATE | 11:56:01 |
| 84 | 3,071.00 | BATE | 11:56:05 |
| 1272 | 3,048.00 | BATE | 12:12:38 |
| 1289 | 3,049.00 | BATE | 12:36:01 |
| 21 | 3,049.00 | BATE | 12:36:01 |
| 1276 | 3,058.00 | BATE | 13:00:09 |
| 1115 | 3,052.00 | BATE | 13:20:34 |
| 129 | 3,052.00 | BATE | 13:20:34 |
| 1375 | 3,047.00 | BATE | 13:36:28 |
| 126 | 3,047.00 | BATE | 13:36:28 |
| 1497 | 3,065.00 | BATE | 13:53:42 |
| 1441 | 3,074.00 | BATE | 14:09:30 |
| 4 | 3,074.00 | BATE | 14:09:30 |
|---|---|---|---|
| 1276 | 3,079.00 | BATE | 14:24:34 |
| 1271 | 3,074.00 | BATE | 14:30:00 |
| 1103 | 3,076.00 | BATE | 14:32:41 |
| 193 | 3,076.00 | BATE | 14:32:41 |
| 1122 | 3,073.00 | BATE | 14:37:22 |
| 362 | 3,073.00 | BATE | 14:37:22 |
| 6 | 3,082.00 | BATE | 14:45:03 |
| 28 | 3,082.00 | BATE | 14:45:03 |
| 1397 | 3,082.00 | BATE | 14:45:03 |
| 1122 | 3,084.00 | BATE | 14:52:06 |
| 201 | 3,084.00 | BATE | 14:52:06 |
| 59 | 3,091.00 | BATE | 14:58:39 |
| 218 | 3,091.00 | BATE | 14:58:39 |
| 178 | 3,091.00 | BATE | 14:58:39 |
| 810 | 3,091.00 | BATE | 14:58:39 |
| 1479 | 3,093.00 | BATE | 15:03:49 |
| 1392 | 3,090.00 | BATE | 15:11:35 |
| 1351 | 3,084.00 | BATE | 15:20:03 |
| 29 | 3,079.00 | BATE | 15:27:35 |
| 66 | 3,079.00 | BATE | 15:27:35 |
| 1225 | 3,079.00 | BATE | 15:28:15 |
| 102 | 3,079.00 | BATE | 15:28:15 |
| 12 | 3,085.00 | BATE | 15:36:32 |
| 423 | 3,085.00 | BATE | 15:36:32 |
| 859 | 3,085.00 | BATE | 15:36:32 |
| 292 | 3,073.00 | BATE | 15:45:03 |
| 48 | 3,073.00 | BATE | 15:45:03 |
| 531 | 3,073.00 | BATE | 15:45:03 |
| 468 | 3,073.00 | BATE | 15:45:03 |
| 1393 | 3,068.00 | BATE | 15:55:13 |
| 732 | 3,060.00 | BATE | 16:00:26 |
| 648 | 3,060.00 | BATE | 16:00:26 |
| 1095 | 3,078.00 | CHIX | 08:15:08 |
| 120 | 3,078.00 | CHIX | 08:15:08 |
| 35 | 3,081.00 | CHIX | 09:09:37 |
| 1138 | 3,081.00 | CHIX | 09:09:49 |
| 1161 | 3,071.00 | CHIX | 10:11:52 |
| 780 | 3,068.00 | CHIX | 11:11:06 |
| 397 | 3,068.00 | CHIX | 11:11:06 |
| 1265 | 3,060.00 | CHIX | 12:19:23 |
| 1273 | 3,045.00 | CHIX | 13:31:01 |
| 1233 | 3,078.00 | CHIX | 14:16:36 |
| 312 | 3,081.00 | CHIX | 14:34:15 |
| 318 | 3,081.00 | CHIX | 14:34:20 |
| 426 | 3,081.00 | CHIX | 14:34:20 |
| 1195 | 3,084.00 | CHIX | 14:52:06 |
| 225 | 3,091.00 | CHIX | 15:11:15 |
| 981 | 3,091.00 | CHIX | 15:11:20 |
|---|---|---|---|
| 61 | 3,091.00 | CHIX | 15:11:20 |
| 1 | 3,086.00 | CHIX | 15:37:05 |
| 1061 | 3,086.00 | CHIX | 15:37:05 |
| 577 | 3,061.00 | CHIX | 15:57:43 |
| 619 | 3,061.00 | CHIX | 15:57:43 |
| 1079 | 3,111.00 | LSE | 08:00:28 |
| 996 | 3,105.00 | LSE | 08:05:01 |
| 1105 | 3,074.00 | LSE | 08:13:10 |
| 214 | 3,078.00 | LSE | 08:23:33 |
| 887 | 3,078.00 | LSE | 08:23:33 |
| 1035 | 3,085.00 | LSE | 08:35:46 |
| 751 | 3,086.00 | LSE | 08:48:44 |
| 1138 | 3,103.00 | LSE | 08:59:23 |
| 878 | 3,082.00 | LSE | 09:10:48 |
| 107 | 3,082.00 | LSE | 09:10:48 |
| 1014 | 3,067.00 | LSE | 09:25:41 |
| 1008 | 3,063.00 | LSE | 09:38:23 |
| 48 | 3,067.00 | LSE | 09:51:31 |
| 312 | 3,067.00 | LSE | 09:51:42 |
| 638 | 3,067.00 | LSE | 09:52:18 |
| 1051 | 3,070.00 | LSE | 10:05:15 |
| 1068 | 3,075.00 | LSE | 10:17:25 |
| 1141 | 3,076.00 | LSE | 10:29:14 |
| 1098 | 3,071.00 | LSE | 10:48:43 |
| 1025 | 3,065.00 | LSE | 11:00:09 |
| 395 | 3,070.00 | LSE | 11:15:18 |
| 603 | 3,070.00 | LSE | 11:15:18 |
| 1049 | 3,063.00 | LSE | 11:30:21 |
| 1086 | 3,064.00 | LSE | 11:46:47 |
| 940 | 3,056.00 | LSE | 12:03:37 |
| 1041 | 3,046.00 | LSE | 12:12:48 |
| 1021 | 3,064.00 | LSE | 12:29:21 |
| 1009 | 3,050.00 | LSE | 12:42:37 |
| 203 | 3,053.00 | LSE | 12:58:54 |
| 798 | 3,053.00 | LSE | 12:58:54 |
| 926 | 3,056.00 | LSE | 13:10:28 |
| 26 | 3,056.00 | LSE | 13:10:28 |
| 177 | 3,056.00 | LSE | 13:10:28 |
| 729 | 3,045.00 | LSE | 13:25:09 |
| 322 | 3,045.00 | LSE | 13:25:09 |
| 972 | 3,047.00 | LSE | 13:34:07 |
| 491 | 3,052.00 | LSE | 13:44:15 |
| 589 | 3,052.00 | LSE | 13:44:15 |
| 957 | 3,066.00 | LSE | 13:53:05 |
| 1016 | 3,072.00 | LSE | 14:00:03 |
| 1093 | 3,073.00 | LSE | 14:08:13 |
| 1072 | 3,080.00 | LSE | 14:20:00 |
| 1062 | 3,080.00 | LSE | 14:26:13 |
|---|---|---|---|
| 237 | 3,076.00 | LSE | 14:29:50 |
| 242 | 3,076.00 | LSE | 14:29:50 |
| 52 | 3,072.00 | LSE | 14:31:01 |
| 982 | 3,072.00 | LSE | 14:31:05 |
| 1096 | 3,079.00 | LSE | 14:33:44 |
| 1090 | 3,082.00 | LSE | 14:35:35 |
| 1105 | 3,081.00 | LSE | 14:40:13 |
| 960 | 3,081.00 | LSE | 14:44:06 |
| 135 | 3,081.00 | LSE | 14:44:06 |
| 118 | 3,075.00 | LSE | 14:48:22 |
| 709 | 3,075.00 | LSE | 14:48:22 |
| 2 | 3,075.00 | LSE | 14:48:22 |
| 155 | 3,075.00 | LSE | 14:48:22 |
| 967 | 3,083.00 | LSE | 14:52:27 |
| 399 | 3,088.00 | LSE | 14:58:01 |
| 495 | 3,091.00 | LSE | 14:58:39 |
| 594 | 3,091.00 | LSE | 14:58:39 |
| 965 | 3,092.00 | LSE | 15:02:12 |
| 945 | 3,089.00 | LSE | 15:06:16 |
| 919 | 3,091.00 | LSE | 15:10:54 |
| 910 | 3,088.00 | LSE | 15:15:35 |
| 22 | 3,088.00 | LSE | 15:15:35 |
| 1082 | 3,083.00 | LSE | 15:20:10 |
| 992 | 3,080.00 | LSE | 15:23:54 |
| 341 | 3,078.00 | LSE | 15:28:46 |
| 15 | 3,078.00 | LSE | 15:28:46 |
| 98 | 3,078.00 | LSE | 15:28:46 |
| 294 | 3,078.00 | LSE | 15:28:46 |
| 234 | 3,078.00 | LSE | 15:28:46 |
| 97 | 3,083.00 | LSE | 15:33:31 |
| 853 | 3,083.00 | LSE | 15:33:31 |
| 19 | 3,083.00 | LSE | 15:33:31 |
| 764 | 3,082.00 | LSE | 15:39:06 |
| 366 | 3,082.00 | LSE | 15:39:06 |
| 1145 | 3,074.00 | LSE | 15:46:23 |
| 922 | 3,069.00 | LSE | 15:50:20 |
| 42 | 3,067.00 | LSE | 15:55:37 |
| 1041 | 3,067.00 | LSE | 15:55:49 |
| 300 | 3,062.00 | LSE | 15:59:07 |
| 400 | 3,062.00 | LSE | 15:59:07 |
| 117 | 3,062.00 | LSE | 15:59:11 |
| 130 | 3,062.00 | LSE | 15:59:11 |
| 131 | 3,062.00 | LSE | 15:59:11 |
| 897 | 3,069.00 | LSE | 16:06:29 |
| 52 | 3,069.00 | LSE | 16:06:29 |
| 74 | 3,069.00 | LSE | 16:06:29 |
| 1073 | 3,071.00 | LSE | 16:08:41 |
| 1025 | 3,071.00 | LSE | 16:09:35 |
|---|---|---|---|
| 115 | 3,070.00 | LSE | 16:09:36 |
| 897 | 3,070.00 | LSE | 16:09:36 |
| 257 | 3,070.00 | LSE | 16:11:05 |
| 737 | 3,070.00 | LSE | 16:11:05 |
| 355 | 3,076.00 | LSE | 16:13:48 |
| 209 | 3,076.00 | LSE | 16:13:48 |
| 400 | 3,076.00 | LSE | 16:13:48 |
| 306 | 3,076.00 | LSE | 16:13:48 |
| 861 | 3,076.00 | LSE | 16:13:48 |
| 939 | 3,075.00 | LSE | 16:13:52 |
| 1088 | 3,080.00 | LSE | 16:16:21 |
| 123 | 3,079.00 | LSE | 16:17:41 |
| 861 | 3,079.00 | LSE | 16:17:41 |
| 1158 | 3,079.00 | LSE | 16:17:41 |
| 923 | 3,079.00 | LSE | 16:18:04 |
| 149 | 3,079.00 | LSE | 16:20:13 |
| 223 | 3,079.00 | LSE | 16:20:13 |
| 297 | 3,079.00 | LSE | 16:20:13 |
| 1040 | 3,079.00 | LSE | 16:20:13 |
| 964 | 3,079.00 | LSE | 16:20:13 |
| 258 | 3,078.00 | LSE | 16:25:22 |
| 167 | 3,078.00 | LSE | 16:25:22 |
| 20 | 3,078.00 | LSE | 16:26:35 |
| 1 | 3,078.00 | LSE | 16:27:08 |
Exhibit 14
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 | 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<br> (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> <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 | 23,596 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 23,596<br><br> <br><br><br> <br>Nil | ||
| e) | Date of the transaction | 2025-04-09 | ||
| f) | Place of the transaction | Outside a trading venue | ||
| Name of officer of issuer responsible for making notification: Nancy Jiang | ||||
| --- | ||||
| Date of notification: 10 April 2025 |
Exhibit 15
British American Tobacco p.l.c.
11 April 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 April 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 132,945 |
| Highest price paid per share (pence): | 3,099.00 |
| Lowest price paid per share (pence): | 3,065.00 |
| Volume weighted average price paid per share (pence): | 3,083.9756 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,201,463,243 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,013,619 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 April 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 | 10/04/2025 | 66,226 | 3,084.3422 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 10/04/2025 | 15,763 | 3,083.8248 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 10/04/2025 | 50,956 | 3,083.5458 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> purchased | Transaction price<br><br> (per share) | Market | Time of transaction |
|---|---|---|---|
| 1257 | 3,081.00 | BATE | 08:00:19 |
| 1414 | 3,086.00 | BATE | 08:09:24 |
| 538 | 3,077.00 | BATE | 08:25:43 |
| 187 | 3,077.00 | BATE | 08:25:43 |
| 229 | 3,077.00 | BATE | 08:25:43 |
| 148 | 3,077.00 | BATE | 08:25:55 |
| 254 | 3,077.00 | BATE | 08:25:55 |
| 128 | 3,066.00 | BATE | 08:44:06 |
| 1312 | 3,066.00 | BATE | 08:44:07 |
| 1500 | 3,067.00 | BATE | 09:03:33 |
| 1199 | 3,070.00 | BATE | 09:27:04 |
| 67 | 3,070.00 | BATE | 09:27:04 |
| 275 | 3,083.00 | BATE | 09:47:12 |
| 562 | 3,083.00 | BATE | 09:47:12 |
| 538 | 3,083.00 | BATE | 09:47:12 |
| 180 | 3,081.00 | BATE | 10:11:00 |
| 92 | 3,081.00 | BATE | 10:11:00 |
| 1022 | 3,081.00 | BATE | 10:11:05 |
| 1131 | 3,083.00 | BATE | 10:25:01 |
| 289 | 3,083.00 | BATE | 10:25:01 |
| 1471 | 3,082.00 | BATE | 10:49:21 |
| 1242 | 3,093.00 | BATE | 11:15:21 |
| 1390 | 3,094.00 | BATE | 11:36:03 |
| 1292 | 3,085.00 | BATE | 11:59:44 |
| 636 | 3,089.00 | BATE | 12:20:55 |
| 511 | 3,089.00 | BATE | 12:20:55 |
| 123 | 3,089.00 | BATE | 12:20:55 |
| 1284 | 3,091.00 | BATE | 12:44:00 |
| 20 | 3,085.00 | BATE | 13:06:01 |
| 235 | 3,085.00 | BATE | 13:06:27 |
| 541 | 3,085.00 | BATE | 13:06:27 |
| 468 | 3,085.00 | BATE | 13:06:27 |
| 257 | 3,085.00 | BATE | 13:06:27 |
| 796 | 3,075.00 | BATE | 13:29:55 |
| 436 | 3,075.00 | BATE | 13:29:55 |
| 979 | 3,074.00 | BATE | 13:42:23 |
| 485 | 3,074.00 | BATE | 13:42:23 |
| 1462 | 3,079.00 | BATE | 14:02:10 |
| 1276 | 3,087.00 | BATE | 14:15:42 |
| 1308 | 3,093.00 | BATE | 14:25:38 |
| 1221 | 3,087.00 | BATE | 14:30:00 |
| 76 | 3,087.00 | BATE | 14:30:00 |
| 68 | 3,070.00 | BATE | 14:33:20 |
| 250 | 3,070.00 | BATE | 14:33:20 |
| 250 | 3,070.00 | BATE | 14:33:20 |
|---|---|---|---|
| 615 | 3,070.00 | BATE | 14:33:20 |
| 250 | 3,070.00 | BATE | 14:33:20 |
| 179 | 3,068.00 | BATE | 14:39:28 |
| 83 | 3,068.00 | BATE | 14:39:28 |
| 205 | 3,067.00 | BATE | 14:40:29 |
| 250 | 3,067.00 | BATE | 14:40:29 |
| 250 | 3,067.00 | BATE | 14:40:29 |
| 250 | 3,067.00 | BATE | 14:40:29 |
| 9 | 3,067.00 | BATE | 14:40:29 |
| 188 | 3,067.00 | BATE | 14:40:29 |
| 156 | 3,067.00 | BATE | 14:41:00 |
| 250 | 3,066.00 | BATE | 14:48:01 |
| 241 | 3,066.00 | BATE | 14:48:02 |
| 250 | 3,066.00 | BATE | 14:48:02 |
| 250 | 3,066.00 | BATE | 14:48:02 |
| 250 | 3,066.00 | BATE | 14:48:02 |
| 1076 | 3,097.00 | BATE | 14:53:30 |
| 170 | 3,097.00 | BATE | 14:53:30 |
| 1397 | 3,094.00 | BATE | 14:58:36 |
| 1472 | 3,094.00 | BATE | 15:06:49 |
| 839 | 3,093.00 | BATE | 15:13:11 |
| 453 | 3,093.00 | BATE | 15:13:11 |
| 1491 | 3,091.00 | BATE | 15:21:03 |
| 1517 | 3,092.00 | BATE | 15:29:30 |
| 1461 | 3,096.00 | BATE | 15:41:01 |
| 1311 | 3,090.00 | BATE | 15:49:07 |
| 321 | 3,086.00 | BATE | 15:55:56 |
| 1201 | 3,086.00 | BATE | 15:56:02 |
| 1389 | 3,078.00 | BATE | 16:03:35 |
| 1319 | 3,083.00 | BATE | 16:10:10 |
| 1464 | 3,089.00 | BATE | 16:17:06 |
| 1105 | 3,090.00 | CHIX | 08:10:00 |
| 77 | 3,081.00 | CHIX | 08:59:16 |
| 78 | 3,081.00 | CHIX | 08:59:17 |
| 260 | 3,081.00 | CHIX | 08:59:17 |
| 212 | 3,081.00 | CHIX | 08:59:17 |
| 70 | 3,081.00 | CHIX | 08:59:18 |
| 513 | 3,081.00 | CHIX | 08:59:35 |
| 169 | 3,082.00 | CHIX | 09:59:03 |
| 247 | 3,082.00 | CHIX | 09:59:05 |
| 10 | 3,082.00 | CHIX | 09:59:05 |
| 251 | 3,082.00 | CHIX | 09:59:06 |
| 156 | 3,082.00 | CHIX | 09:59:06 |
| 144 | 3,082.00 | CHIX | 09:59:06 |
| 113 | 3,082.00 | CHIX | 09:59:06 |
| 739 | 3,077.00 | CHIX | 10:52:53 |
| 513 | 3,077.00 | CHIX | 10:52:53 |
| 1294 | 3,086.00 | CHIX | 12:02:03 |
|---|---|---|---|
| 1166 | 3,083.00 | CHIX | 13:17:02 |
| 1245 | 3,079.00 | CHIX | 14:02:10 |
| 3 | 3,084.00 | CHIX | 14:30:33 |
| 1185 | 3,084.00 | CHIX | 14:30:33 |
| 1139 | 3,065.00 | CHIX | 14:46:14 |
| 296 | 3,094.00 | CHIX | 15:04:36 |
| 952 | 3,094.00 | CHIX | 15:04:36 |
| 1261 | 3,091.00 | CHIX | 15:28:22 |
| 79 | 3,087.00 | CHIX | 15:55:32 |
| 1174 | 3,087.00 | CHIX | 15:55:32 |
| 1312 | 3,089.00 | CHIX | 16:15:21 |
| 921 | 3,099.00 | LSE | 08:01:41 |
| 944 | 3,088.00 | LSE | 08:03:11 |
| 987 | 3,073.00 | LSE | 08:05:47 |
| 935 | 3,087.00 | LSE | 08:09:18 |
| 93 | 3,087.00 | LSE | 08:09:18 |
| 1085 | 3,097.00 | LSE | 08:13:03 |
| 991 | 3,077.00 | LSE | 08:20:01 |
| 940 | 3,074.00 | LSE | 08:29:08 |
| 977 | 3,070.00 | LSE | 08:34:20 |
| 1093 | 3,068.00 | LSE | 08:43:56 |
| 150 | 3,083.00 | LSE | 08:56:07 |
| 271 | 3,083.00 | LSE | 08:57:04 |
| 667 | 3,083.00 | LSE | 08:57:04 |
| 981 | 3,086.00 | LSE | 09:10:12 |
| 946 | 3,076.00 | LSE | 09:23:33 |
| 102 | 3,076.00 | LSE | 09:23:33 |
| 1023 | 3,081.00 | LSE | 09:35:54 |
| 674 | 3,081.00 | LSE | 09:51:22 |
| 249 | 3,081.00 | LSE | 09:51:22 |
| 313 | 3,078.00 | LSE | 10:04:36 |
| 629 | 3,078.00 | LSE | 10:04:36 |
| 972 | 3,083.00 | LSE | 10:25:01 |
| 986 | 3,085.00 | LSE | 10:34:22 |
| 1145 | 3,081.00 | LSE | 10:49:42 |
| 1058 | 3,082.00 | LSE | 11:02:45 |
| 688 | 3,087.00 | LSE | 11:12:08 |
| 362 | 3,087.00 | LSE | 11:12:08 |
| 930 | 3,096.00 | LSE | 11:25:47 |
| 72 | 3,091.00 | LSE | 11:38:19 |
| 48 | 3,091.00 | LSE | 11:38:19 |
| 150 | 3,091.00 | LSE | 11:38:20 |
| 98 | 3,091.00 | LSE | 11:38:21 |
| 152 | 3,091.00 | LSE | 11:38:23 |
| 495 | 3,091.00 | LSE | 11:45:02 |
| 882 | 3,090.00 | LSE | 11:55:02 |
| 96 | 3,090.00 | LSE | 11:55:02 |
| 954 | 3,085.00 | LSE | 12:05:39 |
|---|---|---|---|
| 605 | 3,085.00 | LSE | 12:18:46 |
| 400 | 3,085.00 | LSE | 12:18:46 |
| 29 | 3,085.00 | LSE | 12:18:46 |
| 723 | 3,088.00 | LSE | 12:35:33 |
| 375 | 3,088.00 | LSE | 12:35:33 |
| 979 | 3,085.00 | LSE | 12:51:25 |
| 1090 | 3,085.00 | LSE | 13:06:07 |
| 1081 | 3,078.00 | LSE | 13:24:31 |
| 968 | 3,078.00 | LSE | 13:37:49 |
| 807 | 3,074.00 | LSE | 13:50:45 |
| 199 | 3,074.00 | LSE | 13:50:45 |
| 1134 | 3,079.00 | LSE | 14:02:10 |
| 1097 | 3,084.00 | LSE | 14:13:10 |
| 950 | 3,095.00 | LSE | 14:24:27 |
| 1058 | 3,086.00 | LSE | 14:29:50 |
| 217 | 3,082.00 | LSE | 14:32:12 |
| 788 | 3,082.00 | LSE | 14:32:13 |
| 1016 | 3,069.00 | LSE | 14:33:56 |
| 752 | 3,071.00 | LSE | 14:37:05 |
| 175 | 3,071.00 | LSE | 14:37:05 |
| 1085 | 3,067.00 | LSE | 14:40:29 |
| 16 | 3,066.00 | LSE | 14:45:07 |
| 389 | 3,066.00 | LSE | 14:45:26 |
| 125 | 3,066.00 | LSE | 14:45:26 |
| 245 | 3,066.00 | LSE | 14:45:26 |
| 150 | 3,066.00 | LSE | 14:45:26 |
| 998 | 3,085.00 | LSE | 14:49:00 |
| 843 | 3,092.00 | LSE | 14:50:04 |
| 119 | 3,092.00 | LSE | 14:50:04 |
| 580 | 3,094.00 | LSE | 14:54:32 |
| 510 | 3,094.00 | LSE | 14:54:32 |
| 1052 | 3,099.00 | LSE | 15:00:27 |
| 1061 | 3,094.00 | LSE | 15:04:36 |
| 1088 | 3,092.00 | LSE | 15:11:38 |
| 1125 | 3,098.00 | LSE | 15:16:33 |
| 301 | 3,088.00 | LSE | 15:23:24 |
| 483 | 3,088.00 | LSE | 15:23:24 |
| 269 | 3,088.00 | LSE | 15:23:24 |
| 71 | 3,088.00 | LSE | 15:23:24 |
| 1136 | 3,092.00 | LSE | 15:31:31 |
| 985 | 3,099.00 | LSE | 15:37:41 |
| 430 | 3,093.00 | LSE | 15:41:41 |
| 698 | 3,093.00 | LSE | 15:41:41 |
| 1093 | 3,090.00 | LSE | 15:49:28 |
| 961 | 3,087.00 | LSE | 15:55:32 |
| 941 | 3,084.00 | LSE | 15:59:59 |
| 63 | 3,084.00 | LSE | 15:59:59 |
| 1086 | 3,081.00 | LSE | 16:02:45 |
|---|---|---|---|
| 960 | 3,084.00 | LSE | 16:08:28 |
| 1113 | 3,087.00 | LSE | 16:12:22 |
| 945 | 3,089.00 | LSE | 16:15:53 |
| 1086 | 3,088.00 | LSE | 16:18:56 |
| 1006 | 3,084.00 | LSE | 16:21:33 |
| 19 | 3,084.00 | LSE | 16:21:33 |
| 1400 | 3,084.00 | LSE | 16:21:33 |
| 170 | 3,082.00 | LSE | 16:22:12 |
| 755 | 3,082.00 | LSE | 16:22:12 |
| 359 | 3,080.00 | LSE | 16:22:41 |
| 475 | 3,080.00 | LSE | 16:22:42 |
| 204 | 3,080.00 | LSE | 16:22:42 |
| 1112 | 3,079.00 | LSE | 16:23:21 |
| 52 | 3,079.00 | LSE | 16:25:01 |
| 156 | 3,079.00 | LSE | 16:25:01 |
| 7 | 3,079.00 | LSE | 16:25:43 |
| 2 | 3,082.00 | LSE | 16:26:49 |
Exhibit 16
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^: | 08/04/2025 |
| 6. Date on which issuer notified (DD/MM/YYYY): | 10/04/2025 |
| 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<br><br> <br>issuer^vii^ | ||
| Resulting situation on the date on which threshold was crossed or reached | 9.996713 | 0.000000 | 9.996713 | 220113676 | |
| Position of previous notification<br><br> <br>(if applicable) | 10.472723 | 0.000000 | 10.472723 | ||
| 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 | 212,563,182 | 0 | 9.653799 | 0.000000 | |
| US1104481072 Depository Receipt | 7,550,494 | 0 | 0.342914 | 0.000000 | |
| SUBTOTAL 8. A | 220,113,676 | 9.996713% | |||
| 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 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<br><br> <br>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<br><br> <br>equals or is higher<br><br> <br>than the notifiable<br><br> <br>threshold | Total of both if<br><br> <br>it equals or is<br><br> <br>higher than the<br><br> <br>notifiable<br><br> <br>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 | 7.492500 | 0.000000 | 7.492500% |
| 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 | 10 April 2025 |
Name of duly authorised officer of issuer responsible for making notification:
Nancy Jiang
Assistant Secretary
British American Tobacco p.l.c.
11 April 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 17
British American Tobacco p.l.c.
14 April 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 April 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 130,502 |
| Highest price paid per share (pence): | 3,166.00 |
| Lowest price paid per share (pence): | 3,103.00 |
| Volume weighted average price paid per share (pence): | 3,141.6911 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,201,332,741 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,013,619 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 April 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 | 11/04/2025 | 66,737 | 3,141.4728 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 11/04/2025 | 14,697 | 3,142.4996 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 11/04/2025 | 49,068 | 3,141.7460 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 1529 | 3,120.00 | BATE | 08:00:45 |
| 1010 | 3,103.00 | BATE | 08:13:30 |
| 399 | 3,103.00 | BATE | 08:13:30 |
| 596 | 3,126.00 | BATE | 08:31:14 |
| 675 | 3,126.00 | BATE | 08:31:14 |
| 216 | 3,118.00 | BATE | 08:48:43 |
| 40 | 3,118.00 | BATE | 08:48:43 |
| 635 | 3,118.00 | BATE | 08:48:44 |
| 146 | 3,118.00 | BATE | 08:48:44 |
| 72 | 3,118.00 | BATE | 08:48:44 |
| 5 | 3,118.00 | BATE | 08:48:44 |
| 252 | 3,118.00 | BATE | 08:48:44 |
| 1387 | 3,129.00 | BATE | 09:10:06 |
| 1225 | 3,128.00 | BATE | 09:32:32 |
| 881 | 3,118.00 | BATE | 09:50:20 |
| 363 | 3,118.00 | BATE | 09:50:20 |
| 1398 | 3,135.00 | BATE | 10:10:10 |
| 1290 | 3,138.00 | BATE | 10:29:22 |
| 96 | 3,138.00 | BATE | 10:29:22 |
| 11 | 3,142.00 | BATE | 10:54:31 |
| 150 | 3,142.00 | BATE | 10:54:32 |
| 150 | 3,142.00 | BATE | 10:54:34 |
| 538 | 3,142.00 | BATE | 10:54:46 |
| 599 | 3,142.00 | BATE | 10:54:46 |
| 267 | 3,156.00 | BATE | 11:17:30 |
| 90 | 3,156.00 | BATE | 11:17:30 |
| 175 | 3,156.00 | BATE | 11:17:58 |
| 1404 | 3,164.00 | BATE | 11:30:03 |
| 1278 | 3,165.00 | BATE | 11:55:57 |
| 1190 | 3,165.00 | BATE | 12:15:40 |
| 241 | 3,165.00 | BATE | 12:15:40 |
| 1505 | 3,145.00 | BATE | 12:40:03 |
| 1098 | 3,149.00 | BATE | 13:06:04 |
| 321 | 3,149.00 | BATE | 13:06:04 |
| 1430 | 3,147.00 | BATE | 13:29:57 |
| 100 | 3,149.00 | BATE | 13:46:20 |
| 399 | 3,150.00 | BATE | 13:47:11 |
| 399 | 3,150.00 | BATE | 13:47:11 |
| 654 | 3,150.00 | BATE | 13:47:25 |
| 1344 | 3,146.00 | BATE | 14:04:51 |
| 1299 | 3,140.00 | BATE | 14:17:13 |
| 274 | 3,139.00 | BATE | 14:28:33 |
| 1189 | 3,139.00 | BATE | 14:28:33 |
| 7 | 3,139.00 | BATE | 14:28:33 |
| 152 | 3,132.00 | BATE | 14:31:16 |
|---|---|---|---|
| 56 | 3,132.00 | BATE | 14:31:16 |
| 1160 | 3,132.00 | BATE | 14:31:22 |
| 1493 | 3,132.00 | BATE | 14:37:03 |
| 140 | 3,128.00 | BATE | 14:43:16 |
| 1404 | 3,131.00 | BATE | 14:44:34 |
| 1239 | 3,151.00 | BATE | 14:52:58 |
| 1422 | 3,146.00 | BATE | 14:56:43 |
| 1322 | 3,138.00 | BATE | 15:04:15 |
| 1260 | 3,150.00 | BATE | 15:10:55 |
| 473 | 3,154.00 | BATE | 15:17:47 |
| 490 | 3,154.00 | BATE | 15:17:47 |
| 401 | 3,154.00 | BATE | 15:20:02 |
| 762 | 3,147.00 | BATE | 15:27:19 |
| 593 | 3,147.00 | BATE | 15:27:19 |
| 91 | 3,147.00 | BATE | 15:27:19 |
| 1385 | 3,161.00 | BATE | 15:35:19 |
| 1482 | 3,150.00 | BATE | 15:45:55 |
| 250 | 3,148.00 | BATE | 15:53:56 |
| 840 | 3,148.00 | BATE | 15:53:56 |
| 254 | 3,148.00 | BATE | 15:53:56 |
| 46 | 3,152.00 | BATE | 16:00:30 |
| 538 | 3,152.00 | BATE | 16:00:31 |
| 159 | 3,152.00 | BATE | 16:00:31 |
| 566 | 3,152.00 | BATE | 16:00:31 |
| 159 | 3,152.00 | BATE | 16:00:31 |
| 1261 | 3,153.00 | BATE | 16:08:46 |
| 1343 | 3,144.00 | BATE | 16:14:10 |
| 1207 | 3,109.00 | CHIX | 08:17:16 |
| 1164 | 3,129.00 | CHIX | 09:10:06 |
| 908 | 3,138.00 | CHIX | 10:09:05 |
| 242 | 3,138.00 | CHIX | 10:09:05 |
| 289 | 3,150.00 | CHIX | 11:05:14 |
| 946 | 3,150.00 | CHIX | 11:05:30 |
| 347 | 3,166.00 | CHIX | 12:14:01 |
| 1332 | 3,150.00 | CHIX | 12:33:14 |
| 100 | 3,151.00 | CHIX | 13:38:59 |
| 99 | 3,151.00 | CHIX | 13:38:59 |
| 400 | 3,151.00 | CHIX | 13:39:01 |
| 400 | 3,151.00 | CHIX | 13:39:01 |
| 25 | 3,151.00 | CHIX | 13:39:53 |
| 189 | 3,151.00 | CHIX | 13:39:57 |
| 109 | 3,135.00 | CHIX | 14:21:29 |
| 189 | 3,135.00 | CHIX | 14:22:05 |
| 379 | 3,135.00 | CHIX | 14:22:05 |
| 484 | 3,135.00 | CHIX | 14:22:14 |
| 64 | 3,135.00 | CHIX | 14:22:14 |
| 243 | 3,134.00 | CHIX | 14:36:29 |
| 962 | 3,134.00 | CHIX | 14:36:29 |
|---|---|---|---|
| 922 | 3,148.00 | CHIX | 14:55:30 |
| 164 | 3,148.00 | CHIX | 14:55:30 |
| 1070 | 3,147.00 | CHIX | 15:12:27 |
| 100 | 3,147.00 | CHIX | 15:12:27 |
| 100 | 3,161.00 | CHIX | 15:36:27 |
| 64 | 3,161.00 | CHIX | 15:36:27 |
| 4 | 3,161.00 | CHIX | 15:37:02 |
| 1111 | 3,161.00 | CHIX | 15:37:51 |
| 1084 | 3,150.00 | CHIX | 15:59:09 |
| 232 | 3,116.00 | LSE | 08:00:25 |
| 773 | 3,116.00 | LSE | 08:00:25 |
| 1034 | 3,104.00 | LSE | 08:11:32 |
| 1103 | 3,116.00 | LSE | 08:25:52 |
| 996 | 3,125.00 | LSE | 08:36:55 |
| 979 | 3,122.00 | LSE | 08:51:06 |
| 1039 | 3,117.00 | LSE | 09:00:59 |
| 1100 | 3,129.00 | LSE | 09:10:06 |
| 1043 | 3,128.00 | LSE | 09:22:57 |
| 1033 | 3,123.00 | LSE | 09:37:43 |
| 153 | 3,117.00 | LSE | 09:52:44 |
| 375 | 3,117.00 | LSE | 09:52:44 |
| 96 | 3,117.00 | LSE | 09:52:44 |
| 262 | 3,117.00 | LSE | 09:53:30 |
| 153 | 3,117.00 | LSE | 09:53:30 |
| 605 | 3,128.00 | LSE | 10:03:03 |
| 184 | 3,128.00 | LSE | 10:03:03 |
| 330 | 3,128.00 | LSE | 10:03:03 |
| 1031 | 3,134.00 | LSE | 10:16:16 |
| 1089 | 3,133.00 | LSE | 10:20:26 |
| 1103 | 3,139.00 | LSE | 10:37:16 |
| 1113 | 3,139.00 | LSE | 10:52:07 |
| 1056 | 3,152.00 | LSE | 11:01:00 |
| 920 | 3,153.00 | LSE | 11:12:12 |
| 1017 | 3,164.00 | LSE | 11:30:03 |
| 1084 | 3,165.00 | LSE | 11:43:36 |
| 957 | 3,162.00 | LSE | 12:00:32 |
| 150 | 3,162.00 | LSE | 12:00:32 |
| 153 | 3,164.00 | LSE | 12:15:56 |
| 124 | 3,164.00 | LSE | 12:15:56 |
| 748 | 3,164.00 | LSE | 12:15:57 |
| 954 | 3,154.00 | LSE | 12:29:19 |
| 997 | 3,147.00 | LSE | 12:46:14 |
| 1052 | 3,146.00 | LSE | 12:58:04 |
| 447 | 3,149.00 | LSE | 13:11:13 |
| 645 | 3,149.00 | LSE | 13:11:13 |
| 973 | 3,146.00 | LSE | 13:25:28 |
| 44 | 3,150.00 | LSE | 13:35:13 |
| 889 | 3,150.00 | LSE | 13:35:13 |
|---|---|---|---|
| 840 | 3,151.00 | LSE | 13:39:57 |
| 126 | 3,151.00 | LSE | 13:39:57 |
| 986 | 3,151.00 | LSE | 13:50:01 |
| 349 | 3,144.00 | LSE | 14:01:06 |
| 779 | 3,144.00 | LSE | 14:01:33 |
| 1051 | 3,139.00 | LSE | 14:14:13 |
| 1020 | 3,136.00 | LSE | 14:23:20 |
| 1076 | 3,138.00 | LSE | 14:29:59 |
| 1049 | 3,134.00 | LSE | 14:31:14 |
| 1068 | 3,136.00 | LSE | 14:33:56 |
| 1089 | 3,134.00 | LSE | 14:36:29 |
| 1044 | 3,134.00 | LSE | 14:40:01 |
| 929 | 3,132.00 | LSE | 14:45:47 |
| 1 | 3,141.00 | LSE | 14:48:46 |
| 32 | 3,141.00 | LSE | 14:48:46 |
| 66 | 3,141.00 | LSE | 14:48:47 |
| 846 | 3,141.00 | LSE | 14:48:51 |
| 939 | 3,149.00 | LSE | 14:53:17 |
| 680 | 3,145.00 | LSE | 14:57:33 |
| 369 | 3,145.00 | LSE | 14:57:33 |
| 993 | 3,134.00 | LSE | 15:01:08 |
| 1106 | 3,138.00 | LSE | 15:04:15 |
| 935 | 3,150.00 | LSE | 15:08:50 |
| 284 | 3,152.00 | LSE | 15:15:25 |
| 786 | 3,152.00 | LSE | 15:15:25 |
| 559 | 3,157.00 | LSE | 15:19:03 |
| 497 | 3,157.00 | LSE | 15:19:03 |
| 950 | 3,145.00 | LSE | 15:24:23 |
| 1118 | 3,150.00 | LSE | 15:29:07 |
| 1131 | 3,150.00 | LSE | 15:43:14 |
| 1104 | 3,150.00 | LSE | 15:47:24 |
| 1035 | 3,150.00 | LSE | 15:51:06 |
| 1123 | 3,151.00 | LSE | 15:56:19 |
| 216 | 3,150.00 | LSE | 15:58:35 |
| 758 | 3,150.00 | LSE | 15:58:35 |
| 952 | 3,150.00 | LSE | 16:02:10 |
| 937 | 3,150.00 | LSE | 16:05:06 |
| 1113 | 3,150.00 | LSE | 16:07:06 |
| 481 | 3,147.00 | LSE | 16:10:01 |
| 524 | 3,147.00 | LSE | 16:10:01 |
| 977 | 3,146.00 | LSE | 16:12:24 |
| 969 | 3,143.00 | LSE | 16:16:29 |
| 973 | 3,145.00 | LSE | 16:17:06 |
| 1116 | 3,144.00 | LSE | 16:17:30 |
| 434 | 3,140.00 | LSE | 16:18:32 |
| 20 | 3,140.00 | LSE | 16:18:34 |
| 311 | 3,140.00 | LSE | 16:18:35 |
| 339 | 3,140.00 | LSE | 16:18:35 |
|---|---|---|---|
| 1066 | 3,140.00 | LSE | 16:19:26 |
| 632 | 3,140.00 | LSE | 16:20:00 |
| 158 | 3,140.00 | LSE | 16:20:22 |
| 482 | 3,140.00 | LSE | 16:20:22 |
| 56 | 3,144.00 | LSE | 16:23:34 |
| 61 | 3,143.00 | LSE | 16:23:40 |
| 71 | 3,143.00 | LSE | 16:23:40 |
| 56 | 3,143.00 | LSE | 16:23:40 |
| 26 | 3,143.00 | LSE | 16:24:00 |
| 12 | 3,147.00 | LSE | 16:25:36 |
| 1 | 3,148.00 | LSE | 16:26:21 |
Exhibit 18
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 | 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 | |||
| 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 | 15,617 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 15,617<br><br> <br><br><br> <br>Nil | ||
| e) | Date of the transaction | 2025-04-11 | ||
| 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: 14 April 2025 | ||||
| --- |
Exhibit 19
British American Tobacco p.l.c.
15 April 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 London Branch ("UBS") as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 14 April 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 130,021 |
| Highest price paid per share (pence): | 3,173.00 |
| Lowest price paid per share (pence): | 3,141.00 |
| Volume weighted average price paid per share (pence): | 3,153.3360 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,201,202,720 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,013,619 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 on 14 April 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 | 14/04/2025 | 70,515 | 3,152.2825 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 14/04/2025 | 14,185 | 3,153.5515 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 14/04/2025 | 45,321 | 3,154.9077 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 1310 | 3,165.00 | BATE | 08:01:28 |
| 1305 | 3,152.00 | BATE | 08:11:43 |
| 150 | 3,152.00 | BATE | 08:11:43 |
| 33 | 3,168.00 | BATE | 08:29:30 |
| 1475 | 3,168.00 | BATE | 08:29:55 |
| 785 | 3,164.00 | BATE | 08:53:19 |
| 478 | 3,164.00 | BATE | 08:53:19 |
| 1091 | 3,171.00 | BATE | 09:15:19 |
| 143 | 3,171.00 | BATE | 09:15:19 |
| 1426 | 3,167.00 | BATE | 09:31:20 |
| 1078 | 3,162.00 | BATE | 09:56:35 |
| 311 | 3,162.00 | BATE | 09:56:35 |
| 1497 | 3,172.00 | BATE | 10:16:31 |
| 434 | 3,161.00 | BATE | 10:42:05 |
| 432 | 3,161.00 | BATE | 10:42:05 |
| 531 | 3,161.00 | BATE | 10:42:05 |
| 1389 | 3,156.00 | BATE | 11:07:06 |
| 1337 | 3,156.00 | BATE | 11:35:19 |
| 75 | 3,153.00 | BATE | 11:59:10 |
| 1419 | 3,153.00 | BATE | 12:00:04 |
| 1467 | 3,153.00 | BATE | 12:24:01 |
| 1446 | 3,150.00 | BATE | 12:51:52 |
| 204 | 3,146.00 | BATE | 13:18:40 |
| 556 | 3,146.00 | BATE | 13:18:40 |
| 184 | 3,146.00 | BATE | 13:18:40 |
| 303 | 3,146.00 | BATE | 13:18:44 |
| 1224 | 3,143.00 | BATE | 13:34:01 |
|---|---|---|---|
| 1230 | 3,152.00 | BATE | 13:53:39 |
| 1385 | 3,143.00 | BATE | 14:04:18 |
| 1303 | 3,145.00 | BATE | 14:19:14 |
| 108 | 3,145.00 | BATE | 14:19:14 |
| 1248 | 3,144.00 | BATE | 14:30:00 |
| 542 | 3,147.00 | BATE | 14:32:21 |
| 896 | 3,147.00 | BATE | 14:32:21 |
| 1238 | 3,152.00 | BATE | 14:37:10 |
| 117 | 3,152.00 | BATE | 14:37:10 |
| 278 | 3,157.00 | BATE | 14:44:22 |
| 1166 | 3,157.00 | BATE | 14:45:13 |
| 294 | 3,154.00 | BATE | 14:51:41 |
| 1163 | 3,154.00 | BATE | 14:51:41 |
| 1257 | 3,153.00 | BATE | 15:00:40 |
| 837 | 3,152.00 | BATE | 15:04:58 |
| 655 | 3,152.00 | BATE | 15:04:58 |
| 1257 | 3,150.00 | BATE | 15:14:21 |
| 1525 | 3,150.00 | BATE | 15:24:03 |
| 69 | 3,159.00 | BATE | 15:30:42 |
| 937 | 3,159.00 | BATE | 15:30:42 |
| 106 | 3,159.00 | BATE | 15:30:42 |
| 127 | 3,159.00 | BATE | 15:30:42 |
| 21 | 3,159.00 | BATE | 15:30:42 |
| 1421 | 3,153.00 | BATE | 15:39:34 |
| 1262 | 3,154.00 | BATE | 15:49:38 |
| 265 | 3,155.00 | BATE | 15:56:50 |
| 1103 | 3,155.00 | BATE | 15:56:50 |
| 1428 | 3,151.00 | BATE | 16:05:28 |
|---|---|---|---|
| 1090 | 3,151.00 | CHIX | 08:14:53 |
| 1275 | 3,166.00 | CHIX | 09:04:24 |
| 1160 | 3,167.00 | CHIX | 10:07:42 |
| 1135 | 3,156.00 | CHIX | 11:05:06 |
| 733 | 3,154.00 | CHIX | 12:08:23 |
| 466 | 3,154.00 | CHIX | 12:08:23 |
| 1259 | 3,146.00 | CHIX | 13:18:40 |
| 1123 | 3,143.00 | CHIX | 14:04:18 |
| 556 | 3,142.00 | CHIX | 14:30:00 |
| 603 | 3,142.00 | CHIX | 14:30:00 |
| 1296 | 3,159.00 | CHIX | 14:44:55 |
| 1077 | 3,153.00 | CHIX | 15:04:54 |
| 1203 | 3,150.00 | CHIX | 15:25:03 |
| 1209 | 3,154.00 | CHIX | 15:49:38 |
| 740 | 3,157.00 | LSE | 08:00:50 |
| 190 | 3,157.00 | LSE | 08:02:21 |
| 583 | 3,163.00 | LSE | 08:18:36 |
| 200 | 3,163.00 | LSE | 08:18:36 |
| 309 | 3,163.00 | LSE | 08:18:36 |
| 1090 | 3,173.00 | LSE | 08:38:48 |
| 1072 | 3,167.00 | LSE | 09:01:03 |
| 1093 | 3,166.00 | LSE | 09:31:22 |
| 958 | 3,166.00 | LSE | 10:10:06 |
| 97 | 3,164.00 | LSE | 10:29:35 |
| 211 | 3,164.00 | LSE | 10:29:35 |
| 104 | 3,164.00 | LSE | 10:29:35 |
| 500 | 3,164.00 | LSE | 10:29:35 |
| 1050 | 3,159.00 | LSE | 10:46:44 |
|---|---|---|---|
| 899 | 3,157.00 | LSE | 10:58:03 |
| 976 | 3,155.00 | LSE | 11:11:12 |
| 990 | 3,155.00 | LSE | 11:26:22 |
| 944 | 3,156.00 | LSE | 11:48:16 |
| 39 | 3,156.00 | LSE | 11:48:16 |
| 1069 | 3,155.00 | LSE | 12:05:35 |
| 973 | 3,154.00 | LSE | 12:23:57 |
| 1096 | 3,152.00 | LSE | 12:28:50 |
| 956 | 3,152.00 | LSE | 12:45:59 |
| 29 | 3,148.00 | LSE | 12:57:06 |
| 1008 | 3,148.00 | LSE | 12:57:06 |
| 422 | 3,141.00 | LSE | 13:09:37 |
| 91 | 3,141.00 | LSE | 13:09:37 |
| 556 | 3,141.00 | LSE | 13:09:37 |
| 1028 | 3,147.00 | LSE | 13:21:43 |
| 932 | 3,144.00 | LSE | 13:31:40 |
| 923 | 3,142.00 | LSE | 13:40:27 |
| 1062 | 3,151.00 | LSE | 13:53:56 |
| 1038 | 3,143.00 | LSE | 14:04:18 |
| 1002 | 3,146.00 | LSE | 14:18:23 |
| 983 | 3,145.00 | LSE | 14:26:33 |
| 977 | 3,143.00 | LSE | 14:30:47 |
| 960 | 3,147.00 | LSE | 14:32:21 |
| 924 | 3,156.00 | LSE | 14:35:33 |
| 1048 | 3,154.00 | LSE | 14:35:47 |
| 1100 | 3,149.00 | LSE | 14:37:56 |
| 1016 | 3,149.00 | LSE | 14:40:55 |
| 1013 | 3,159.00 | LSE | 14:44:55 |
|---|---|---|---|
| 1036 | 3,157.00 | LSE | 14:45:13 |
| 192 | 3,159.00 | LSE | 14:46:38 |
| 855 | 3,159.00 | LSE | 14:46:38 |
| 1058 | 3,152.00 | LSE | 14:49:03 |
| 499 | 3,153.00 | LSE | 14:52:42 |
| 577 | 3,153.00 | LSE | 14:52:42 |
| 991 | 3,151.00 | LSE | 14:56:33 |
| 1092 | 3,150.00 | LSE | 14:59:55 |
| 124 | 3,154.00 | LSE | 15:01:36 |
| 940 | 3,154.00 | LSE | 15:01:36 |
| 411 | 3,152.00 | LSE | 15:08:04 |
| 677 | 3,152.00 | LSE | 15:08:04 |
| 914 | 3,152.00 | LSE | 15:11:21 |
| 934 | 3,150.00 | LSE | 15:14:21 |
| 322 | 3,148.00 | LSE | 15:17:57 |
| 794 | 3,148.00 | LSE | 15:17:57 |
| 1004 | 3,150.00 | LSE | 15:24:03 |
| 94 | 3,154.00 | LSE | 15:26:19 |
| 828 | 3,154.00 | LSE | 15:26:19 |
| 898 | 3,160.00 | LSE | 15:30:42 |
| 1045 | 3,156.00 | LSE | 15:35:22 |
| 937 | 3,153.00 | LSE | 15:39:07 |
| 176 | 3,154.00 | LSE | 15:48:41 |
| 410 | 3,154.00 | LSE | 15:49:38 |
| 729 | 3,154.00 | LSE | 15:49:38 |
| 552 | 3,154.00 | LSE | 15:49:38 |
| 960 | 3,158.00 | LSE | 15:50:30 |
| 956 | 3,157.00 | LSE | 15:54:40 |
|---|---|---|---|
| 946 | 3,152.00 | LSE | 15:57:17 |
| 628 | 3,151.00 | LSE | 16:00:00 |
| 376 | 3,151.00 | LSE | 16:00:00 |
| 1032 | 3,151.00 | LSE | 16:05:28 |
| 940 | 3,149.00 | LSE | 16:08:48 |
| 5 | 3,148.00 | LSE | 16:10:38 |
| 943 | 3,148.00 | LSE | 16:10:38 |
| 916 | 3,150.00 | LSE | 16:12:53 |
| 678 | 3,149.00 | LSE | 16:13:22 |
| 394 | 3,149.00 | LSE | 16:13:22 |
| 612 | 3,146.00 | LSE | 16:13:30 |
| 390 | 3,146.00 | LSE | 16:13:30 |
| 985 | 3,148.00 | LSE | 16:15:30 |
| 987 | 3,147.00 | LSE | 16:15:38 |
| 898 | 3,147.00 | LSE | 16:16:32 |
| 1617 | 3,146.00 | LSE | 16:16:59 |
| 998 | 3,145.00 | LSE | 16:17:40 |
| 50 | 3,148.00 | LSE | 16:19:34 |
| 367 | 3,148.00 | LSE | 16:19:34 |
| 14 | 3,149.00 | LSE | 16:19:38 |
| 170 | 3,149.00 | LSE | 16:19:38 |
| 317 | 3,149.00 | LSE | 16:19:38 |
| 95 | 3,149.00 | LSE | 16:19:38 |
| 223 | 3,149.00 | LSE | 16:19:38 |
| 151 | 3,149.00 | LSE | 16:19:38 |
| 256 | 3,149.00 | LSE | 16:19:58 |
| 176 | 3,149.00 | LSE | 16:19:58 |
| 174 | 3,149.00 | LSE | 16:19:58 |
|---|---|---|---|
| 153 | 3,149.00 | LSE | 16:19:58 |
| 171 | 3,149.00 | LSE | 16:19:58 |
| 301 | 3,148.00 | LSE | 16:20:17 |
| 376 | 3,148.00 | LSE | 16:20:17 |
| 684 | 3,148.00 | LSE | 16:20:19 |
| 259 | 3,148.00 | LSE | 16:20:19 |
| 200 | 3,148.00 | LSE | 16:20:19 |
| 169 | 3,149.00 | LSE | 16:22:14 |
| 307 | 3,149.00 | LSE | 16:22:16 |
| 176 | 3,149.00 | LSE | 16:22:16 |
| 98 | 3,150.00 | LSE | 16:22:33 |
| 25 | 3,146.00 | LSE | 16:25:06 |
| 1 | 3,146.00 | LSE | 16:25:31 |
| 1 | 3,146.00 | LSE | 16:26:52 |
Exhibit 20
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<br> (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> <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 | 3,332 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 3,332<br><br> <br><br><br> <br>Nil | ||
| e) | Date of the transaction | 2025-04-11 | ||
| f) | Place of the transaction | Outside a trading venue |
| 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<br> (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> <br><br><br> <br>GB0002875804 | ||
| b) | Nature of the transaction | Transfer of shares to Kirsti Nordgard Murphy, a Person Closely Associated | ||
| c) | Price(s) and volume(s) | |||
| Price(s) | Volume(s) | |||
| Nil | 6,200 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 6,200<br><br> <br><br><br> <br>Nil | ||
| e) | Date of the transaction | 2025-04-11 | ||
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||
|---|---|---|---|---|
| a) | Name | Kirsti Nordgard Murphy | ||
| 2 | Reason for the notification | |||
| a) | Position/status | Person Closely Associated with a person discharging managerial responsibilities; James Murphy, 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<br> (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> <br><br><br> <br>GB0002875804 | ||
| b) | Nature of the transaction | Transfer of shares from James Murphy | ||
| c) | Price(s) and volume(s) | |||
| Price(s) | Volume(s) | |||
| Nil | 6,200 | |||
| d) | Aggregated information<br><br> <br><br><br> <br>- Aggregated volume<br><br> <br><br><br> <br>- Price | 6,200<br><br> <br><br><br> <br>Nil | ||
| e) | Date of the transaction | 2025-04-11 | ||
| f) | Place of the transaction | Outside a trading venue | ||
| Name of officer of issuer responsible for making notification: Nancy Jiang | ||||
| --- | ||||
| Date of notification: 15 April 2025 |
Exhibit 21
British American Tobacco p.l.c.
16 April 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 London Branch ("UBS") as part of its buyback programme announced on 18 March 2024:
| Date of purchase: | 15 April 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 128,457 |
| Highest price paid per share (pence): | 3,201.00 |
| Lowest price paid per share (pence): | 3,162.00 |
| Volume weighted average price paid per share (pence): | 3,191.7229 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,201,074,263 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,013,619 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 on 15 April 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 | 15/04/2025 | 69,782 | 3,193.8089 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 15/04/2025 | 13,900 | 3,189.4006 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 15/04/2025 | 44,775 | 3,189.1928 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> purchased | Transaction price<br><br> (per share) | Market | Time of transaction |
|---|---|---|---|
| 1244 | 3,167.00 | BATE | 08:00:21 |
| 739 | 3,178.00 | BATE | 08:13:11 |
| 562 | 3,178.00 | BATE | 08:13:11 |
| 188 | 3,178.00 | BATE | 08:27:56 |
| 909 | 3,178.00 | BATE | 08:27:58 |
| 177 | 3,178.00 | BATE | 08:27:58 |
| 1253 | 3,189.00 | BATE | 08:48:15 |
| 1446 | 3,190.00 | BATE | 09:03:38 |
| 193 | 3,188.00 | BATE | 09:28:35 |
| 1103 | 3,188.00 | BATE | 09:28:42 |
| 1247 | 3,188.00 | BATE | 09:49:08 |
| 90 | 3,188.00 | BATE | 09:49:08 |
| 28 | 3,189.00 | BATE | 10:13:01 |
| 55 | 3,189.00 | BATE | 10:13:01 |
| 633 | 3,189.00 | BATE | 10:13:02 |
| 542 | 3,189.00 | BATE | 10:13:02 |
| 1255 | 3,186.00 | BATE | 10:30:30 |
| 99 | 3,183.00 | BATE | 10:50:59 |
| 1119 | 3,181.00 | BATE | 10:53:17 |
| 325 | 3,181.00 | BATE | 10:53:17 |
| 1337 | 3,185.00 | BATE | 11:19:46 |
| 116 | 3,185.00 | BATE | 11:44:32 |
| 1197 | 3,185.00 | BATE | 11:44:39 |
| 3 | 3,179.00 | BATE | 12:06:03 |
| 80 | 3,179.00 | BATE | 12:06:25 |
| 163 | 3,179.00 | BATE | 12:06:26 |
| 367 | 3,179.00 | BATE | 12:06:26 |
| 542 | 3,179.00 | BATE | 12:06:26 |
| 285 | 3,179.00 | BATE | 12:06:26 |
| 786 | 3,183.00 | BATE | 12:36:01 |
| 13 | 3,183.00 | BATE | 12:36:01 |
| 225 | 3,183.00 | BATE | 12:36:11 |
| 389 | 3,183.00 | BATE | 12:36:43 |
| 1421 | 3,184.00 | BATE | 12:59:54 |
| 35 | 3,187.00 | BATE | 13:24:46 |
| 226 | 3,187.00 | BATE | 13:28:10 |
| 960 | 3,187.00 | BATE | 13:28:10 |
| 89 | 3,187.00 | BATE | 13:28:10 |
| 120 | 3,187.00 | BATE | 13:28:21 |
| 132 | 3,187.00 | BATE | 13:28:21 |
| 282 | 3,189.00 | BATE | 13:43:31 |
| 1235 | 3,189.00 | BATE | 13:44:03 |
| 937 | 3,190.00 | BATE | 14:02:55 |
| 531 | 3,190.00 | BATE | 14:02:55 |
| 1395 | 3,186.00 | BATE | 14:18:12 |
|---|---|---|---|
| 1318 | 3,186.00 | BATE | 14:29:07 |
| 1461 | 3,189.00 | BATE | 14:31:30 |
| 741 | 3,195.00 | BATE | 14:38:06 |
| 594 | 3,195.00 | BATE | 14:38:06 |
| 1227 | 3,194.00 | BATE | 14:44:04 |
| 1231 | 3,196.00 | BATE | 14:49:23 |
| 93 | 3,196.00 | BATE | 14:49:23 |
| 1242 | 3,196.00 | BATE | 14:57:47 |
| 1523 | 3,196.00 | BATE | 15:02:21 |
| 1237 | 3,197.00 | BATE | 15:10:37 |
| 1505 | 3,199.00 | BATE | 15:18:55 |
| 105 | 3,200.00 | BATE | 15:29:36 |
| 116 | 3,200.00 | BATE | 15:29:36 |
| 116 | 3,200.00 | BATE | 15:29:36 |
| 6 | 3,200.00 | BATE | 15:29:36 |
| 116 | 3,200.00 | BATE | 15:29:36 |
| 116 | 3,200.00 | BATE | 15:29:36 |
| 116 | 3,200.00 | BATE | 15:29:36 |
| 203 | 3,200.00 | BATE | 15:29:36 |
| 116 | 3,200.00 | BATE | 15:29:36 |
| 116 | 3,200.00 | BATE | 15:29:36 |
| 116 | 3,200.00 | BATE | 15:29:36 |
| 116 | 3,200.00 | BATE | 15:29:36 |
| 1286 | 3,199.00 | BATE | 15:37:35 |
| 1310 | 3,198.00 | BATE | 15:46:17 |
| 155 | 3,198.00 | BATE | 15:46:17 |
| 27 | 3,201.00 | BATE | 15:54:56 |
| 26 | 3,201.00 | BATE | 15:54:56 |
| 28 | 3,201.00 | BATE | 15:54:56 |
| 123 | 3,201.00 | BATE | 15:54:56 |
| 72 | 3,201.00 | BATE | 15:54:56 |
| 26 | 3,201.00 | BATE | 15:54:56 |
| 349 | 3,201.00 | BATE | 15:56:26 |
| 3 | 3,201.00 | BATE | 15:56:26 |
| 29 | 3,201.00 | BATE | 15:56:26 |
| 31 | 3,201.00 | BATE | 15:56:26 |
| 30 | 3,201.00 | BATE | 15:56:26 |
| 190 | 3,201.00 | BATE | 15:56:26 |
| 163 | 3,197.00 | BATE | 15:59:09 |
| 191 | 3,197.00 | BATE | 15:59:09 |
| 500 | 3,197.00 | BATE | 15:59:09 |
| 191 | 3,197.00 | BATE | 15:59:09 |
| 309 | 3,197.00 | BATE | 15:59:09 |
| 133 | 3,197.00 | BATE | 15:59:09 |
| 20 | 3,176.00 | CHIX | 08:16:26 |
| 65 | 3,176.00 | CHIX | 08:16:29 |
| 1035 | 3,176.00 | CHIX | 08:16:34 |
| 1066 | 3,190.00 | CHIX | 09:07:09 |
|---|---|---|---|
| 1043 | 3,191.00 | CHIX | 10:06:16 |
| 1088 | 3,185.00 | CHIX | 11:02:51 |
| 229 | 3,180.00 | CHIX | 12:01:39 |
| 32 | 3,178.00 | CHIX | 12:16:36 |
| 1072 | 3,178.00 | CHIX | 12:16:55 |
| 876 | 3,185.00 | CHIX | 13:20:21 |
| 294 | 3,185.00 | CHIX | 13:20:21 |
| 1199 | 3,189.00 | CHIX | 14:06:18 |
| 783 | 3,189.00 | CHIX | 14:31:30 |
| 486 | 3,189.00 | CHIX | 14:31:30 |
| 136 | 3,195.00 | CHIX | 14:49:49 |
| 14 | 3,195.00 | CHIX | 14:49:49 |
| 125 | 3,195.00 | CHIX | 14:49:49 |
| 33 | 3,195.00 | CHIX | 14:49:49 |
| 547 | 3,195.00 | CHIX | 14:49:53 |
| 282 | 3,195.00 | CHIX | 14:49:53 |
| 1088 | 3,197.00 | CHIX | 15:08:58 |
| 143 | 3,197.00 | CHIX | 15:08:58 |
| 1140 | 3,199.00 | CHIX | 15:34:10 |
| 1104 | 3,200.00 | CHIX | 15:57:47 |
| 906 | 3,162.00 | LSE | 08:01:16 |
| 1100 | 3,177.00 | LSE | 08:24:49 |
| 944 | 3,188.00 | LSE | 08:48:15 |
| 1048 | 3,189.00 | LSE | 09:15:45 |
| 901 | 3,185.00 | LSE | 09:46:08 |
| 939 | 3,192.00 | LSE | 09:53:58 |
| 77 | 3,189.00 | LSE | 10:20:44 |
| 850 | 3,189.00 | LSE | 10:20:44 |
| 919 | 3,183.00 | LSE | 10:50:57 |
| 1088 | 3,183.00 | LSE | 11:16:03 |
| 1020 | 3,186.00 | LSE | 11:41:16 |
| 267 | 3,179.00 | LSE | 12:01:48 |
| 227 | 3,179.00 | LSE | 12:01:53 |
| 514 | 3,179.00 | LSE | 12:01:53 |
| 1099 | 3,179.00 | LSE | 12:19:23 |
| 948 | 3,182.00 | LSE | 12:39:44 |
| 30 | 3,182.00 | LSE | 12:39:44 |
| 205 | 3,184.00 | LSE | 13:03:37 |
| 126 | 3,184.00 | LSE | 13:03:37 |
| 938 | 3,188.00 | LSE | 13:10:13 |
| 1072 | 3,188.00 | LSE | 13:33:45 |
| 1106 | 3,189.00 | LSE | 13:44:03 |
| 1041 | 3,186.00 | LSE | 13:57:22 |
| 904 | 3,186.00 | LSE | 14:16:05 |
| 15 | 3,185.00 | LSE | 14:22:09 |
| 56 | 3,185.00 | LSE | 14:23:05 |
| 1085 | 3,186.00 | LSE | 14:24:16 |
| 1038 | 3,192.00 | LSE | 14:31:07 |
|---|---|---|---|
| 1030 | 3,190.00 | LSE | 14:31:30 |
| 968 | 3,191.00 | LSE | 14:32:53 |
| 1028 | 3,195.00 | LSE | 14:36:21 |
| 875 | 3,191.00 | LSE | 14:38:29 |
| 177 | 3,191.00 | LSE | 14:38:29 |
| 1064 | 3,194.00 | LSE | 14:45:09 |
| 1102 | 3,198.00 | LSE | 14:49:07 |
| 1083 | 3,195.00 | LSE | 14:51:09 |
| 960 | 3,195.00 | LSE | 14:55:05 |
| 911 | 3,196.00 | LSE | 14:57:47 |
| 996 | 3,196.00 | LSE | 15:02:21 |
| 715 | 3,195.00 | LSE | 15:02:46 |
| 251 | 3,195.00 | LSE | 15:02:47 |
| 122 | 3,193.00 | LSE | 15:04:07 |
| 122 | 3,193.00 | LSE | 15:04:07 |
| 25 | 3,193.00 | LSE | 15:04:07 |
| 122 | 3,193.00 | LSE | 15:04:08 |
| 122 | 3,193.00 | LSE | 15:04:08 |
| 122 | 3,193.00 | LSE | 15:04:08 |
| 182 | 3,193.00 | LSE | 15:04:13 |
| 153 | 3,193.00 | LSE | 15:04:13 |
| 39 | 3,193.00 | LSE | 15:04:13 |
| 835 | 3,197.00 | LSE | 15:07:42 |
| 193 | 3,197.00 | LSE | 15:07:42 |
| 99 | 3,194.00 | LSE | 15:09:44 |
| 212 | 3,194.00 | LSE | 15:09:44 |
| 952 | 3,196.00 | LSE | 15:10:39 |
| 516 | 3,197.00 | LSE | 15:14:38 |
| 576 | 3,197.00 | LSE | 15:14:38 |
| 1046 | 3,199.00 | LSE | 15:17:30 |
| 1023 | 3,199.00 | LSE | 15:20:03 |
| 959 | 3,201.00 | LSE | 15:22:37 |
| 1067 | 3,200.00 | LSE | 15:25:22 |
| 1114 | 3,200.00 | LSE | 15:27:22 |
| 1073 | 3,199.00 | LSE | 15:29:37 |
| 936 | 3,199.00 | LSE | 15:34:10 |
| 1008 | 3,199.00 | LSE | 15:37:35 |
| 914 | 3,199.00 | LSE | 15:40:05 |
| 1017 | 3,198.00 | LSE | 15:44:10 |
| 1102 | 3,197.00 | LSE | 15:47:11 |
| 100 | 3,200.00 | LSE | 15:55:19 |
| 93 | 3,200.00 | LSE | 15:55:19 |
| 239 | 3,200.00 | LSE | 15:56:16 |
| 85 | 3,200.00 | LSE | 15:56:16 |
| 146 | 3,200.00 | LSE | 15:56:17 |
| 200 | 3,200.00 | LSE | 15:56:19 |
| 57 | 3,200.00 | LSE | 15:57:21 |
| 100 | 3,200.00 | LSE | 15:57:42 |
|---|---|---|---|
| 100 | 3,200.00 | LSE | 15:57:44 |
| 200 | 3,200.00 | LSE | 15:57:44 |
| 100 | 3,200.00 | LSE | 15:57:47 |
| 534 | 3,200.00 | LSE | 15:57:47 |
| 50 | 3,198.00 | LSE | 15:58:34 |
| 500 | 3,198.00 | LSE | 15:58:35 |
| 380 | 3,198.00 | LSE | 15:58:36 |
| 984 | 3,199.00 | LSE | 16:01:47 |
| 923 | 3,199.00 | LSE | 16:04:20 |
| 1054 | 3,200.00 | LSE | 16:05:50 |
| 1082 | 3,200.00 | LSE | 16:06:00 |
| 658 | 3,200.00 | LSE | 16:06:31 |
| 280 | 3,200.00 | LSE | 16:06:31 |
| 1026 | 3,200.00 | LSE | 16:08:27 |
| 21 | 3,200.00 | LSE | 16:08:27 |
| 295 | 3,200.00 | LSE | 16:10:34 |
| 666 | 3,200.00 | LSE | 16:10:34 |
| 65 | 3,200.00 | LSE | 16:11:03 |
| 974 | 3,200.00 | LSE | 16:11:03 |
| 1055 | 3,199.00 | LSE | 16:11:36 |
| 1099 | 3,199.00 | LSE | 16:11:36 |
| 99 | 3,198.00 | LSE | 16:11:37 |
| 882 | 3,198.00 | LSE | 16:11:41 |
| 1037 | 3,198.00 | LSE | 16:13:39 |
| 957 | 3,197.00 | LSE | 16:15:03 |
| 1097 | 3,199.00 | LSE | 16:17:16 |
| 1032 | 3,198.00 | LSE | 16:17:34 |
| 951 | 3,199.00 | LSE | 16:19:05 |
| 1043 | 3,199.00 | LSE | 16:19:05 |
| 1042 | 3,199.00 | LSE | 16:19:33 |
| 80 | 3,199.00 | LSE | 16:20:26 |
| 117 | 3,200.00 | LSE | 16:20:36 |
| 388 | 3,200.00 | LSE | 16:20:36 |
| 155 | 3,199.00 | LSE | 16:22:32 |
| 338 | 3,198.00 | LSE | 16:22:55 |
| 64 | 3,198.00 | LSE | 16:22:55 |
| 139 | 3,199.00 | LSE | 16:23:47 |
| 19 | 3,198.00 | LSE | 16:26:05 |
| 2 | 3,200.00 | LSE | 16:27:11 |
Exhibit 22
AGM 2025
Chair’s address
British American Tobacco p.l.c.
16 April 2025
1. WELCOME AND INTRODUCTION
Good morning everyone, and welcome to BAT’s 2025 Annual General Meeting. Thank you for joining us.
As ever, the AGM is a good opportunity for us to hear from you, our shareholders – and for you to hear more about BAT’s 2024 performance, as well as for us to reaffirm our view of the outlook ahead. I will cover this more in detail later.
Today we have all of your Directors here, apart from Uta Kemmerich-Keil, who unfortunately is unable to attend.
2. REFLECTIONS ON 2024
First, let me start with some reflections on last year.
2024 was an investment year for BAT, with delivery in line with our guidance. Group revenue on a reported basis was down 5.2%, while it was up 1.3% on an organic* basis at constant currency rates.
I was pleased to see another solid performance in our New Categories business. New Categories contribution increased by £251 million, on an adjusted organic basis at constant currency rates, and category contribution margin is now at 7.1%.
Adjusted organic profit from operations was up 1.4% at constant currency rates, with operating cash conversion at 101% .
Our 2024 results demonstrate the resilience of our people and our business. And I’d like to thank every employee for their hard work and contribution to delivering another year of solid performance.
As an international business, our success is only made possible by our people, and it’s powered by our strong culture, our corporate values, and our aim to be an exciting and winning company.
3. BAT’S REFINED STRATEGY IN ACTION
As a Board, we endorsed the refinement of our strategy in 2023, recognising the evolving needs of consumers, the regulatory landscape and societal changes. In order to respond to these challenges - agility and precision of execution are key priorities.
While change is constant, our commitment to our purpose and vision remains unwavering – creating A Better Tomorrow^TM^ by Building a Smokeless World.
1

This goes hand-in-hand with our ambition to become a predominantly smokeless business by 2035, and we’re making progress. The total number of adult consumers of our Smokeless products^‡^ stands at 29.1 million^†^ and Smokeless products^‡^ now account for 17.5% of Group revenue.
Accelerating this transformation is no easy feat. However, we are gaining traction with a continued focus on execution, deploying significant product innovations across our New Categories, and continuing to meet adult consumer preferences in a responsible way.
Our momentum picked up pace in 2024, and that will continue in 2025, underpinned by our three strategic pillars - Quality Growth, Sustainable Future and Dynamic Business.
We are making headway in all of these areas, and to bring this to life, I’d like to highlight some of last year’s strategic developments.
In October, Tadeu, Soraya and the Management Board led BAT’s Capital Markets Day in our Global R&D Hub in Southampton, where they showcased the progress made against priority areas for the business.
From achieving profitability^§^ of our New Categories business two years ahead of schedule, to improving our financial flexibility and strong cash generation, progress continues in line with our strategic ambitions.
Sustainability remains core to our strategy, with the business striving to reduce its use of natural resources, enhance the communities in which we operate, and deliver on our climate goals. As a result, in 2024, we refined our sustainability strategy to focus on five impact areas:
| i. | Tobacco Harm Reduction |
|---|---|
| ii. | Climate |
| --- | --- |
| iii. | Nature |
| --- | --- |
| iv. | Circularity |
| --- | --- |
| v. | Communities |
| --- | --- |
And this approach has been recognised externally as well, as we received a Triple-A rating from CDP for our 2024 disclosures on Climate Change, Water Security and Forest, reflecting our commitment to environmental transparency and action.
4. TOBACCO HARM REDUCTION AND BUILDING A SMOKELESS WORLD
Now, turning to themes that are critical for our business, legitimate industry players and public health authorities alike.
We’ve been clear about our commitment to reducing the health impact of our business for some time. In tandem, the move to Smokeless products continues to accelerate at pace. It’s here where Tobacco Harm Reduction acceptance is critical - to encourage smokers who would otherwise continue to smoke to switch to smokeless alternatives completely.
On one hand, you have countries like Sweden and New Zealand that have achieved, or are close to achieving, smoke-free^1^ status. Both are vanguard examples of Tobacco Harm Reduction in action - supported by progressive regulation, which we believe has led to positive change.
2

On the other hand, we have seen some countries pursuing regulation that we believe will be counterproductive. History has shown that product-related bans, denying smokers the choice to switch to Smokeless products, are unlikely to bring down smoking rates fast enough.
There’s also a significant shift in consumer behaviour that is driving change in countries like Japan and the U.S., where an increasing number of consumers are choosing Smokeless products over cigarettes.
So, while there are encouraging signs, regulatory barriers remain. Some regulators are passing progressive laws that encourage adult smokers, who would otherwise continue to smoke, to switch to Smokeless products^‡^, but there are others who view them more cautiously, despite the evident potential for Tobacco Harm Reduction.
We believe there is a place for our voice, our science and our products, to help move the needle. We are ramping up our efforts, inviting key stakeholders to review the evidence and join the conversation – whether in agreement with us or not. Will it be easy? Certainly not. But will it get us a step closer to unlocking the action and pace of change that’s required? Absolutely.
Increasing consumer acceptance and adoption is showing us that Smokeless products are the future. But we also recognise that it’s a balancing act. That is why we must continue to manage the combustibles business responsibly for those adult consumers who choose to continue smoking.
There’s work to be done when it comes to Tobacco Harm Reduction and we are taking the lead in this important debate. It’s important that we celebrate our accomplishments so far in this space. There are two that stand out for me.
The first is the publication of Omni^TM^, our evidence-based manifesto for change, which makes a compelling case for Tobacco Harm Reduction in action, while articulating our progress towards Building a Smokeless World.
We launched Omni^TM^ in London in September last year and, in 2025, we have begun taking it internationally.
This was quickly followed in October when we published a series of ambitions, supported by evidence-based solutions for our Vapour devices – another first for BAT and the industry. With this position statement, we have set clear aims for ourselves and formulated recommendations for regulators globally.
Consequently, we are striving to:
| – | Prevent underage access, appeal and accidental use, through age-gating technologies. |
|---|---|
| – | Deploy responsible packaging, marketing and flavours designed for adults. |
| --- | --- |
| – | Enhance product safety through assessment of ingredients, materials and emissions. |
| --- | --- |
| – | Improve the circularity of our devices, by incorporating removable batteries. |
| --- | --- |
| – | Support an effectively regulated marketplace, by advocating for enforcement of regulation and strong penalties for non-compliance. |
| --- | --- |
To achieve these goals, we are committed to pursuing progressive, multi-stakeholder solutions that build stronger connections between policymakers, regulators, public health authorities and like-minded organisations that believe in the potential of Tobacco Harm Reduction.
3

We are committed to responsible transformation, recognising that Tobacco Harm Reduction is advancing, yet remains fragile.
5. OUTLOOK
Now, turning to our 2025 outlook. As previously highlighted, this year is a deployment year. I am confident that we will build on our investment foundations as we expect to return to profit growth^^^ in the U.S. Globally, the gradual deployment of our New Category product innovations will step up as the year unfolds.
While we are closely monitoring the evolution of global macroeconomic policy, with specific reference to its potential impact on both our consumers and our supply chain, we continue to expect delivery in line with guidance, of:
| ● | c.1% revenue growth; |
|---|---|
| ● | 1.5-2.5% adjusted profit from operations growth, on an adjusted for Canada basis, and including a 1.5% transactional foreign exchange headwind; |
| --- | --- |
| ● | with our performance weighted to the second half. |
| --- | --- |
As always, our guidance is on a constant currency basis. Based on current rates, we now expect a translational foreign exchange headwind on adjusted profit from operations of 2% for
full-year, and 3% for half-year.
Looking ahead to 2026, we are committed to returning to our mid-term algorithm of 3-5% revenue growth, and 4-6% growth in adjusted profit from operations, adjusted for Canada on a constant currency basis.
BAT is highly cash generative, and we expect to deliver over £50bn of free cash flow between 2024 and 2030**.
We maintain a disciplined approach to capital allocation, and are committed to strong shareholder returns. Key elements include:
| ● | Continued investment in our transformation; |
|---|---|
| ● | Balancing deleveraging with progressive dividends and sustainable share buy-backs; and |
| --- | --- |
| ● | Investing in selective bolt-on M&A to accelerate our transformation. |
| --- | --- |
This year, we have announced a 2% dividend increase and a £900m share buy-back, alongside continued deleveraging. By the end of 2026, we expect to be within our target range of 2-2.5x adjusted net debt / adjusted EBITDA, on an ex-Canada basis.
| 6. | BOARD CHANGES |
|---|
Since the last AGM, there have been a number of changes to the Board. I am delighted to welcome Soraya Benchikh and Uta Kemmerich-Keil to the Board.
4

Soraya joined the Board as Chief Financial Officer and Director last May and is working closely with Tadeu and the Management Board to enhance BAT’s financial foundation. Prior to this, she was President of Diageo’s European business. Soraya brings to us extensive operational and financial experience, and a strong understanding of the business, having held a variety of leadership roles at BAT from 1998 to 2020.
In February this year, we welcomed Uta to the Board as an Independent Non-Executive Director, and a member of the audit and nominations committees. Previously, Uta led the personal healthcare business of P&G as CEO, and before that, she spent 19 years at Merck Group. Uta’s extensive business management background, and consumer, digital and strategic transformation experience will be beneficial to BAT.
Having served as a Non-Executive Director since November 2023, Murray Kessler stepped down from the Board in February to focus on his recent appointment as CEO of Wellington International LLC. I would like to thank Murray for his contribution and valuable insights to the Board during his tenure. As we say farewell, we also wish him great success in his new role.
| 7. | MY THANKS |
|---|
Before we move to the resolutions, let me thank my fellow directors on the Board, our Chief Executive, Tadeu, the Management Board and all our employees for laying the groundwork and delivering a solid business performance in 2024.
The macroeconomic environment is not without its challenges, but I believe that whenever there’s change, opportunities follow. I’m proud that regardless of uncertainties or external pressures, our teams have consistently driven progress and results.
The momentum for delivery in 2025 continues to grow, and we have some exciting innovations launching this year.
The Board remains fully supportive of BAT’s strategic focus. This year is all about continuous improvement and the quality of our execution. I’m confident that our approach will continue to deliver long-term value for
our shareholders.
Our priorities are clear, and we are well positioned with the right capabilities and people in place to achieve our vision of Building a Smokeless World.
Notes:
‡ Smokeless products/alternatives refers to smokeless tobacco and nicotine products, including Vapour products, Heated Products and Modern Oral products, which
are collectively termed New Categories, as well as Traditional Oral products.
† The number of adult consumers of Smokeless products is defined as the estimated number of legal age (minimum 18 years) consumers of the Group’s Smokeless products, which does not necessarily mean these users are solus consumers of these products. In markets where regular consumer tracking is in place, this estimate is obtained from adult consumer tracking studies conducted by third parties (including Kantar). In markets where regular consumer tracking is not in place, the number of consumers of Smokeless products is derived from volume sales of consumables and devices in such markets, using consumption patterns obtained from other similar markets with consumer tracking (utilising studies conducted by third parties including Kantar). The number of adult consumers is adjusted for those identified (as part of the consumer tracking studies undertaken) as using more than one BAT Brand.
5

The number of consumers of Smokeless products is used by management to assess the number of adult consumers regularly using the Group’s New Category products as the increase in Smokeless products is a key pillar of the Group’s Sustainability ambition and is integral to the sustainability of our business.
The Group’s management believes that this measure is useful to users of the financial statements given the Group’s Sustainability ambition and alignment to the sustainability of the business with respect to the Smokeless portfolio.
* Performance presented excluding businesses sold or acquired that may significantly affect the user’s understanding of the Group's performance when compared across periods. Organic measures exclude the performance of such businesses in the current and comparator periods to ensure like-for-like assessment across all periods. In 2023 and 2024, organic measures exclude the performance of Russia and Belarus as those businesses (in aggregate) were deemed to be significant to the user’s understanding of the financial
performance. The exits in respect of other markets, including in Africa, are not deemed significant for the user’s understanding.
1 The World Health Organization (WHO) considers countries to be smoke-free when smoking prevalence is less than 5% of the population.
** On an adjusted for Canada basis.
^ On an adjusted profit from operations basis.
§ On a category contribution basis.
Forward-Looking Statements
References in this address to ‘BAT’, ‘Group’, ‘we’, ‘us’ and ‘our’ when denoting opinion refer to British American Tobacco p.l.c. and when denoting business activity refer to BAT Group operating companies, collectively or individually as the case may be.
This address does not constitute an invitation to underwrite, subscribe for, or otherwise acquire or dispose of any BAT shares or other securities. This address 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 our intentions, beliefs or current expectations concerning, amongst other things, our results of operations, financial condition, liquidity, prospects, growth, strategies and the economic and business circumstances occurring from time to time in the countries and markets in which the British American Tobacco Group (the “Group”) operates.
In particular, these forward-looking statements include, among other statements, certain statements under the headings “3. BAT’S REFINED STRATEGY IN ACTION”, “4. TOBACCO HARM REDUCTION AND BUILDING A SMOKELESS WORLD”, “5. OUTLOOK” and “7. MY THANKS”.
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 address 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.
6

Among the key factors that could cause actual results to differ materially from those projected in the forward-looking statements are uncertainties related to the following: 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 Group’s New Categories strategy; the impact of supply chain disruptions; adverse litigation and dispute outcomes and the effect of such outcomes on the 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.
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 address 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 U.S. Securities and Exchange Commission (“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, http://www.sec.gov and BAT’s website, http://www.bat.com.
No statement in this address is intended to be a profit forecast and no statement in these remarks should be interpreted to mean that earnings per share of BAT for the current or future financial years would necessarily match or exceed the historical published earnings per share of BAT.
7

Exhibit 23
16 April 2025
BRITISH AMERICAN TOBACCO p.l.c. (the "Company")
RESULTS OF VOTING AT THE 2024 ANNUAL GENERAL MEETING
British American Tobacco p.l.c. (the ‘Company’) announces the result of voting on the resolutions at its Annual General Meeting (‘AGM’) held on Wednesday 16 April 2025 at the Hilton London Bankside, 2-8 Great Suffolk St, London, SE1 0UG. The full text of the resolutions, along with the explanatory notes, is set out in the Notice of Annual General Meeting dated 5 March 2025.
The table below sets out the results of the poll on each of the total of 21 Resolutions as stated in the Notice of Meeting dated 5 March 2025. All valid proxy votes (whether submitted electronically or in hard copy form) were included in the poll taken at the Meeting. Each shareholder, present in person or by proxy, was entitled to one vote per ordinary share of 25p held.
| Resolution | Votes For | % of<br><br> <br>votes cast | Votes against | % of<br><br> <br>votes cast | Votes <br><br> Withheld | Votes cast<br><br> <br>in total | Total cast<br><br> <br>as a % of issued<br><br> <br>share<br><br> <br>capital |
|---|---|---|---|---|---|---|---|
| 1. Receipt of 2024 Report and Accounts | 1,604,423,816 | 99.81% | 3,007,431 | 0.19% | 3,727,349 | 1,607,431,247 | 73.02% |
| 2. Approval of the 2025 Directors' Remuneration Policy | 1,582,103,742 | 98.32% | 27,065,379 | 1.68% | 1,989,473 | 1,609,169,121 | 73.10% |
| 3. Approval of the 2024 Directors’ Remuneration Report | 1,584,560,241 | 98.46% | 24,754,103 | 1.54% | 1,844,248 | 1,609,314,344 | 73.10% |
| 4.Reappointment of KPMG LLP as Auditors | 1,551,037,131 | 96.35% | 58,722,742 | 3.65% | 1,398,723 | 1,609,759,873 | 73.12% |
| 5. Authority for the Audit Committee to agree the Auditors’ remuneration | 1,602,760,781 | 99.57% | 6,899,212 | 0.43% | 1,498,603 | 1,609,659,993 | 73.12% |
| 6. Re-election of Luc Jobin as a Director | 1,585,632,252 | 98.53% | 23,591,640 | 1.47% | 1,934,702 | 1,609,223,892 | 73.10% |
| 7. Re-election of Tadeu Marroco as a Director | 1,603,357,945 | 99.61% | 6,240,594 | 0.39% | 1,560,056 | 1,609,598,539 | 73.11% |
| 8. Re-election of Kandy Anand as a Director | 1,596,545,940 | 99.26% | 11,873,084 | 0.74% | 2,739,571 | 1,608,419,024 | 73.06% |
| 9. Re-election of Karen Guerra as a Director | 1,601,724,941 | 99.58% | 6,716,268 | 0.42% | 2,717,386 | 1,608,441,209 | 73.06% |
| 10. Re-election of Holly Keller Koeppel as a Director | 1,551,330,018 | 96.45% | 57,143,008 | 3.55% | 2,685,569 | 1,608,473,026 | 73.06% |
| 11. Re-election of Véronique Laury as a Director | 1,601,623,862 | 99.58% | 6,765,405 | 0.42% | 2,769,328 | 1,608,389,267 | 73.06% |
|---|---|---|---|---|---|---|---|
| 12. Re-election of Darrell Thomas as a Director | 1,601,715,479 | 99.58% | 6,704,923 | 0.42% | 2,738,193 | 1,608,420,402 | 73.06% |
| 13. Re-election of Serpil Timuray as a Director | 1,592,901,711 | 99.04% | 15,484,508 | 0.96% | 2,771,133 | 1,608,386,219 | 73.06% |
| 14. Election of Soraya Benchikh as a Director | 1,607,591,937 | 99.88% | 1,921,986 | 0.12% | 1,644,673 | 1,609,513,923 | 73.11% |
| 15. Election of Uta Kemmerich-Keil as a Director | 1,605,979,952 | 99.85% | 2,412,034 | 0.15% | 2,764,609 | 1,608,391,986 | 73.06% |
| 16. Authority to make donations to political organisations and to incur political expenditure | 1,499,201,368 | 93.14% | 110,377,277 | 6.86% | 1,579,950 | 1,609,578,645 | 73.11% |
| 17. Renewal of Directors' authority to allot shares | 1,511,285,703 | 93.89% | 98,348,344 | 6.11% | 1,524,383 | 1,609,634,047 | 73.12% |
| 18. Establishment of Performance Share Plan | 1,584,522,405 | 98.44% | 25,077,326 | 1.56% | 1,557,360 | 1,609,599,731 | 73.11% |
| 19. Renewal of Directors’ authority to disapply pre-emption rights | 1,485,012,776 | 92.28% | 124,287,266 | 7.72% | 1,858,554 | 1,609,300,042 | 73.10% |
| 20. Authority for the Company to make market purchases of ordinary shares | 1,605,790,686 | 99.78% | 3,503,243 | 0.22% | 1,864,666 | 1,609,293,929 | 73.10% |
| 21. Notice period for General Meetings | 1,538,821,590 | 95.60% | 70,884,506 | 4.40% | 1,452,499 | 1,609,706,096 | 73.12% |
All resolutions were passed at the Company's AGM today with the requisite majority of votes.
The number of ordinary shares in issue (excluding Treasury shares) at the close of business on Monday 14 April 2025 was 2,201,463,243. Shareholders are entitled to one vote per share. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes ‘For’ or ‘Against’ a resolution. All valid proxy votes (whether submitted electronically or in hard copy form) were included in the poll. Proxy appointments which gave discretion to the Chair have been included in the total votes ‘for’ the respective resolutions.
In accordance with UK Listing Rules 6.4.1 and 6.4.2, copies of Resolutions 17 and 19 to 21 have been submitted to the Financial Conduct Authority, and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
C Worlock
Assistant Secretary
British American Tobacco p.l.c.
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 24
British American Tobacco p.l.c.
17 April 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 16 April 2025 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: | 16 April 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 128,370 |
| Highest price paid per share (pence): | 3,213.00 |
| Lowest price paid per share (pence): | 3,176.00 |
| Volume weighted average price paid per share (pence): | 3,193.8767 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,200,946,153 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,013,619 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 16 April 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 | 16/04/2025 | 67,285 | 3,192.3084 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 16/04/2025 | 13,826 | 3,195.0093 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 16/04/2025 | 47,259 | 3,195.7782 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> purchased | Transaction price<br><br> (per share) | Market | Time of transaction |
|---|---|---|---|
| 1437 | 3,209.00 | BATE | 08:01:48 |
| 423 | 3,213.00 | BATE | 08:14:20 |
| 1055 | 3,213.00 | BATE | 08:14:20 |
| 1249 | 3,201.00 | BATE | 08:30:47 |
| 1331 | 3,203.00 | BATE | 08:49:00 |
| 872 | 3,198.00 | BATE | 09:07:25 |
| 513 | 3,198.00 | BATE | 09:07:25 |
| 1392 | 3,201.00 | BATE | 09:28:30 |
| 949 | 3,201.00 | BATE | 09:51:29 |
| 437 | 3,201.00 | BATE | 09:51:29 |
| 1461 | 3,204.00 | BATE | 10:14:31 |
| 736 | 3,198.00 | BATE | 10:33:56 |
| 516 | 3,198.00 | BATE | 10:33:56 |
| 11 | 3,199.00 | BATE | 10:55:33 |
| 26 | 3,199.00 | BATE | 10:58:26 |
| 1491 | 3,199.00 | BATE | 10:59:05 |
| 15 | 3,206.00 | BATE | 11:25:10 |
| 1434 | 3,206.00 | BATE | 11:25:10 |
| 1290 | 3,209.00 | BATE | 11:52:00 |
| 1436 | 3,210.00 | BATE | 12:11:09 |
| 1390 | 3,207.00 | BATE | 12:39:46 |
| 1472 | 3,202.00 | BATE | 12:59:39 |
| 1411 | 3,199.00 | BATE | 13:25:56 |
| 1416 | 3,196.00 | BATE | 13:41:51 |
| 1391 | 3,190.00 | BATE | 13:59:17 |
| 6 | 3,190.00 | BATE | 13:59:17 |
| 1330 | 3,196.00 | BATE | 14:16:00 |
| 1315 | 3,193.00 | BATE | 14:28:19 |
| 1306 | 3,194.00 | BATE | 14:31:01 |
| 934 | 3,188.00 | BATE | 14:33:36 |
| 422 | 3,188.00 | BATE | 14:33:36 |
| 1353 | 3,186.00 | BATE | 14:40:15 |
| 1229 | 3,182.00 | BATE | 14:46:33 |
| 1481 | 3,186.00 | BATE | 14:52:42 |
| 769 | 3,189.00 | BATE | 15:00:26 |
| 665 | 3,189.00 | BATE | 15:00:26 |
| 790 | 3,188.00 | BATE | 15:05:58 |
| 502 | 3,188.00 | BATE | 15:05:58 |
| 28 | 3,185.00 | BATE | 15:14:26 |
| 27 | 3,185.00 | BATE | 15:14:26 |
| 1458 | 3,184.00 | BATE | 15:15:17 |
| 132 | 3,186.00 | BATE | 15:22:31 |
| 33 | 3,186.00 | BATE | 15:22:31 |
| 28 | 3,186.00 | BATE | 15:22:31 |
| 1396 | 3,186.00 | BATE | 15:25:23 |
|---|---|---|---|
| 95 | 3,186.00 | BATE | 15:25:23 |
| 1244 | 3,191.00 | BATE | 15:36:42 |
| 944 | 3,194.00 | BATE | 15:42:03 |
| 514 | 3,194.00 | BATE | 15:42:03 |
| 916 | 3,185.00 | BATE | 15:50:04 |
| 378 | 3,185.00 | BATE | 15:50:04 |
| 1360 | 3,182.00 | BATE | 15:57:43 |
| 1450 | 3,185.00 | BATE | 16:04:59 |
| 1217 | 3,208.00 | CHIX | 08:15:21 |
| 1080 | 3,195.00 | CHIX | 09:12:09 |
| 1106 | 3,199.00 | CHIX | 10:10:02 |
| 784 | 3,201.00 | CHIX | 11:06:42 |
| 372 | 3,201.00 | CHIX | 11:06:42 |
| 1114 | 3,209.00 | CHIX | 12:13:32 |
| 1205 | 3,201.00 | CHIX | 13:19:19 |
| 12 | 3,201.00 | CHIX | 13:19:19 |
| 1186 | 3,196.00 | CHIX | 14:08:59 |
| 1173 | 3,189.00 | CHIX | 14:32:03 |
| 476 | 3,181.00 | CHIX | 14:48:16 |
| 714 | 3,181.00 | CHIX | 14:48:16 |
| 1075 | 3,190.00 | CHIX | 15:07:45 |
| 164 | 3,186.00 | CHIX | 15:29:47 |
| 320 | 3,186.00 | CHIX | 15:29:47 |
| 147 | 3,186.00 | CHIX | 15:30:27 |
| 135 | 3,186.00 | CHIX | 15:30:27 |
| 97 | 3,186.00 | CHIX | 15:31:35 |
| 193 | 3,186.00 | CHIX | 15:31:35 |
| 25 | 3,185.00 | CHIX | 15:52:03 |
| 1231 | 3,185.00 | CHIX | 15:52:03 |
| 921 | 3,205.00 | LSE | 08:00:24 |
| 100 | 3,205.00 | LSE | 08:00:24 |
| 982 | 3,212.00 | LSE | 08:05:31 |
| 884 | 3,212.00 | LSE | 08:14:26 |
| 1020 | 3,199.00 | LSE | 08:21:42 |
| 134 | 3,201.00 | LSE | 08:34:08 |
| 130 | 3,201.00 | LSE | 08:34:08 |
| 219 | 3,201.00 | LSE | 08:34:08 |
| 1022 | 3,201.00 | LSE | 08:38:56 |
| 1043 | 3,195.00 | LSE | 08:52:10 |
| 788 | 3,195.00 | LSE | 09:04:52 |
| 195 | 3,195.00 | LSE | 09:04:52 |
| 939 | 3,197.00 | LSE | 09:18:09 |
| 208 | 3,197.00 | LSE | 09:29:45 |
| 150 | 3,197.00 | LSE | 09:29:45 |
| 572 | 3,197.00 | LSE | 09:29:45 |
| 935 | 3,202.00 | LSE | 09:44:34 |
| 1062 | 3,200.00 | LSE | 09:57:07 |
| 901 | 3,204.00 | LSE | 10:12:50 |
|---|---|---|---|
| 339 | 3,198.00 | LSE | 10:23:11 |
| 607 | 3,198.00 | LSE | 10:23:11 |
| 907 | 3,199.00 | LSE | 10:36:04 |
| 895 | 3,200.00 | LSE | 10:50:03 |
| 913 | 3,200.00 | LSE | 11:03:23 |
| 1082 | 3,207.00 | LSE | 11:17:00 |
| 930 | 3,204.00 | LSE | 11:35:02 |
| 995 | 3,209.00 | LSE | 11:52:00 |
| 975 | 3,209.00 | LSE | 12:03:41 |
| 1042 | 3,208.00 | LSE | 12:21:18 |
| 143 | 3,208.00 | LSE | 12:39:46 |
| 182 | 3,208.00 | LSE | 12:39:46 |
| 189 | 3,208.00 | LSE | 12:39:46 |
| 1012 | 3,206.00 | LSE | 12:43:43 |
| 923 | 3,202.00 | LSE | 12:59:39 |
| 734 | 3,206.00 | LSE | 13:14:21 |
| 148 | 3,206.00 | LSE | 13:14:21 |
| 142 | 3,200.00 | LSE | 13:23:42 |
| 835 | 3,200.00 | LSE | 13:23:42 |
| 967 | 3,198.00 | LSE | 13:34:14 |
| 945 | 3,194.00 | LSE | 13:42:09 |
| 958 | 3,193.00 | LSE | 13:51:42 |
| 941 | 3,189.00 | LSE | 14:01:00 |
| 96 | 3,196.00 | LSE | 14:10:01 |
| 890 | 3,196.00 | LSE | 14:10:01 |
| 900 | 3,194.00 | LSE | 14:22:53 |
| 1013 | 3,194.00 | LSE | 14:28:19 |
| 1024 | 3,194.00 | LSE | 14:31:01 |
| 945 | 3,189.00 | LSE | 14:32:10 |
| 78 | 3,186.00 | LSE | 14:34:34 |
| 198 | 3,186.00 | LSE | 14:34:34 |
| 672 | 3,186.00 | LSE | 14:34:34 |
| 181 | 3,185.00 | LSE | 14:37:18 |
| 188 | 3,185.00 | LSE | 14:37:18 |
| 978 | 3,187.00 | LSE | 14:39:58 |
| 1011 | 3,179.00 | LSE | 14:43:38 |
| 168 | 3,182.00 | LSE | 14:47:44 |
| 804 | 3,182.00 | LSE | 14:47:44 |
| 1026 | 3,186.00 | LSE | 14:52:42 |
| 443 | 3,186.00 | LSE | 14:57:05 |
| 440 | 3,186.00 | LSE | 14:57:46 |
| 926 | 3,189.00 | LSE | 15:00:26 |
| 1099 | 3,191.00 | LSE | 15:04:06 |
| 982 | 3,189.00 | LSE | 15:09:09 |
| 620 | 3,185.00 | LSE | 15:14:25 |
| 283 | 3,184.00 | LSE | 15:17:00 |
| 199 | 3,184.00 | LSE | 15:18:59 |
| 182 | 3,184.00 | LSE | 15:18:59 |
|---|---|---|---|
| 276 | 3,184.00 | LSE | 15:19:40 |
| 460 | 3,184.00 | LSE | 15:19:40 |
| 911 | 3,187.00 | LSE | 15:25:22 |
| 652 | 3,187.00 | LSE | 15:29:23 |
| 208 | 3,187.00 | LSE | 15:31:54 |
| 191 | 3,187.00 | LSE | 15:31:54 |
| 586 | 3,187.00 | LSE | 15:33:34 |
| 326 | 3,187.00 | LSE | 15:33:34 |
| 1071 | 3,195.00 | LSE | 15:41:20 |
| 1016 | 3,189.00 | LSE | 15:45:41 |
| 257 | 3,184.00 | LSE | 15:51:05 |
| 378 | 3,184.00 | LSE | 15:51:05 |
| 277 | 3,184.00 | LSE | 15:51:05 |
| 57 | 3,183.00 | LSE | 15:55:51 |
| 1024 | 3,183.00 | LSE | 15:55:51 |
| 1007 | 3,183.00 | LSE | 15:59:46 |
| 1015 | 3,185.00 | LSE | 16:04:59 |
| 415 | 3,184.00 | LSE | 16:09:47 |
| 90 | 3,184.00 | LSE | 16:09:47 |
| 60 | 3,184.00 | LSE | 16:09:47 |
| 399 | 3,184.00 | LSE | 16:09:48 |
| 285 | 3,184.00 | LSE | 16:09:48 |
| 194 | 3,183.00 | LSE | 16:10:21 |
| 350 | 3,183.00 | LSE | 16:10:21 |
| 296 | 3,183.00 | LSE | 16:10:21 |
| 290 | 3,183.00 | LSE | 16:10:59 |
| 620 | 3,183.00 | LSE | 16:10:59 |
| 1050 | 3,182.00 | LSE | 16:12:07 |
| 603 | 3,181.00 | LSE | 16:13:03 |
| 759 | 3,181.00 | LSE | 16:13:48 |
| 242 | 3,181.00 | LSE | 16:13:48 |
| 8 | 3,182.00 | LSE | 16:15:35 |
| 267 | 3,182.00 | LSE | 16:15:35 |
| 218 | 3,182.00 | LSE | 16:15:35 |
| 120 | 3,182.00 | LSE | 16:15:35 |
| 302 | 3,182.00 | LSE | 16:15:35 |
| 180 | 3,182.00 | LSE | 16:15:35 |
| 473 | 3,182.00 | LSE | 16:15:35 |
| 128 | 3,182.00 | LSE | 16:15:35 |
| 93 | 3,182.00 | LSE | 16:15:35 |
| 221 | 3,182.00 | LSE | 16:15:35 |
| 234 | 3,182.00 | LSE | 16:16:07 |
| 287 | 3,180.00 | LSE | 16:16:22 |
| 160 | 3,180.00 | LSE | 16:16:23 |
| 472 | 3,180.00 | LSE | 16:16:23 |
| 586 | 3,178.00 | LSE | 16:17:27 |
| 1039 | 3,178.00 | LSE | 16:17:35 |
| 370 | 3,180.00 | LSE | 16:18:29 |
|---|---|---|---|
| 601 | 3,180.00 | LSE | 16:18:29 |
| 195 | 3,179.00 | LSE | 16:19:59 |
| 203 | 3,179.00 | LSE | 16:19:59 |
| 357 | 3,179.00 | LSE | 16:19:59 |
| 333 | 3,179.00 | LSE | 16:19:59 |
| 204 | 3,178.00 | LSE | 16:20:45 |
| 213 | 3,178.00 | LSE | 16:20:46 |
| 80 | 3,178.00 | LSE | 16:20:46 |
| 19 | 3,178.00 | LSE | 16:20:47 |
| 174 | 3,178.00 | LSE | 16:20:47 |
| 27 | 3,176.00 | LSE | 16:24:14 |
| 1 | 3,177.00 | LSE | 16:24:46 |
Exhibit 25
British American Tobacco p.l.c.
22 April 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 16 April 2025 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 April 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 129,740 |
| Highest price paid per share (pence): | 3,172.00 |
| Lowest price paid per share (pence): | 3,148.00 |
| Volume weighted average price paid per share (pence): | 3,160.1559 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,200,816,413 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,013,619 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 April 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 | 17/04/2025 | 71,959 | 3,160.0957 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 17/04/2025 | 12,905 | 3,160.4380 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 17/04/2025 | 44,876 | 3,160.1714 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 840 | 3,160.00 | LSE | 08:01:19 |
| 229 | 3,160.00 | LSE | 08:01:19 |
| 880 | 3,160.00 | BATE | 08:01:19 |
| 633 | 3,160.00 | BATE | 08:01:19 |
| 1056 | 3,153.00 | LSE | 08:06:44 |
| 1127 | 3,158.00 | BATE | 08:12:42 |
| 286 | 3,158.00 | BATE | 08:12:42 |
| 489 | 3,162.00 | LSE | 08:16:00 |
| 549 | 3,162.00 | LSE | 08:16:00 |
| 1070 | 3,161.00 | CHIX | 08:17:05 |
| 731 | 3,164.00 | BATE | 08:29:46 |
| 798 | 3,164.00 | BATE | 08:29:46 |
| 932 | 3,164.00 | LSE | 08:29:46 |
| 197 | 3,166.00 | LSE | 08:41:29 |
| 733 | 3,166.00 | LSE | 08:41:29 |
| 168 | 3,165.00 | BATE | 08:52:49 |
| 1176 | 3,165.00 | BATE | 08:52:56 |
| 170 | 3,165.00 | BATE | 08:52:56 |
| 385 | 3,164.00 | LSE | 08:56:34 |
| 398 | 3,164.00 | LSE | 08:56:40 |
| 163 | 3,164.00 | LSE | 08:56:40 |
| 1071 | 3,167.00 | LSE | 09:14:09 |
| 1337 | 3,167.00 | BATE | 09:14:09 |
| 1222 | 3,167.00 | CHIX | 09:14:09 |
| 883 | 3,161.00 | LSE | 09:23:54 |
| 181 | 3,158.00 | BATE | 09:34:40 |
| 492 | 3,158.00 | BATE | 09:34:44 |
| 746 | 3,158.00 | BATE | 09:34:44 |
| 1007 | 3,159.00 | LSE | 09:40:00 |
| 132 | 3,154.00 | LSE | 09:54:11 |
| 271 | 3,154.00 | LSE | 09:54:11 |
| 603 | 3,154.00 | LSE | 09:54:11 |
| 1398 | 3,154.00 | BATE | 09:57:22 |
| 1207 | 3,149.00 | CHIX | 10:14:40 |
| 1334 | 3,151.00 | LSE | 10:15:14 |
| 528 | 3,152.00 | LSE | 10:15:14 |
| 514 | 3,152.00 | LSE | 10:15:14 |
| 192 | 3,152.00 | LSE | 10:15:25 |
| 214 | 3,152.00 | LSE | 10:15:25 |
| 190 | 3,152.00 | LSE | 10:15:25 |
| 903 | 3,152.00 | LSE | 10:15:28 |
| 1014 | 3,151.00 | LSE | 10:15:29 |
| 918 | 3,151.00 | LSE | 10:15:29 |
| 213 | 3,150.00 | LSE | 10:15:39 |
| 110 | 3,150.00 | LSE | 10:15:39 |
|---|---|---|---|
| 1046 | 3,150.00 | LSE | 10:15:39 |
| 475 | 3,151.00 | LSE | 10:16:40 |
| 589 | 3,151.00 | LSE | 10:16:40 |
| 1317 | 3,152.00 | BATE | 10:16:40 |
| 30 | 3,152.00 | BATE | 10:16:40 |
| 655 | 3,155.00 | LSE | 10:29:00 |
| 341 | 3,155.00 | LSE | 10:29:00 |
| 1422 | 3,156.00 | BATE | 10:39:41 |
| 1043 | 3,155.00 | LSE | 10:45:06 |
| 948 | 3,152.00 | LSE | 10:56:59 |
| 1411 | 3,157.00 | BATE | 11:09:38 |
| 141 | 3,157.00 | LSE | 11:10:32 |
| 897 | 3,157.00 | LSE | 11:10:32 |
| 1188 | 3,156.00 | CHIX | 11:14:50 |
| 93 | 3,156.00 | CHIX | 11:14:50 |
| 294 | 3,158.00 | LSE | 11:29:18 |
| 437 | 3,158.00 | BATE | 11:29:18 |
| 651 | 3,158.00 | LSE | 11:29:18 |
| 300 | 3,158.00 | BATE | 11:29:18 |
| 280 | 3,158.00 | BATE | 11:29:18 |
| 413 | 3,158.00 | BATE | 11:29:18 |
| 960 | 3,162.00 | LSE | 11:53:42 |
| 1380 | 3,162.00 | BATE | 11:55:12 |
| 900 | 3,161.00 | LSE | 12:02:18 |
| 511 | 3,159.00 | BATE | 12:20:06 |
| 1046 | 3,159.00 | LSE | 12:20:06 |
| 944 | 3,159.00 | BATE | 12:20:06 |
| 1049 | 3,158.00 | CHIX | 12:31:11 |
| 87 | 3,154.00 | LSE | 12:37:48 |
| 924 | 3,154.00 | LSE | 12:37:48 |
| 1362 | 3,155.00 | BATE | 12:43:01 |
| 114 | 3,156.00 | LSE | 12:45:54 |
| 116 | 3,156.00 | LSE | 12:51:59 |
| 958 | 3,155.00 | LSE | 12:54:07 |
| 115 | 3,154.00 | LSE | 12:54:27 |
| 92 | 3,155.00 | LSE | 13:01:31 |
| 63 | 3,152.00 | LSE | 13:03:52 |
| 505 | 3,158.00 | LSE | 13:11:01 |
| 411 | 3,158.00 | LSE | 13:11:01 |
| 234 | 3,158.00 | BATE | 13:11:01 |
| 1247 | 3,158.00 | BATE | 13:11:01 |
| 992 | 3,160.00 | LSE | 13:27:02 |
| 1255 | 3,163.00 | BATE | 13:29:59 |
| 102 | 3,162.00 | BATE | 13:29:59 |
| 1114 | 3,163.00 | CHIX | 13:29:59 |
| 871 | 3,161.00 | LSE | 13:34:12 |
| 875 | 3,160.00 | LSE | 13:45:13 |
| 206 | 3,160.00 | BATE | 13:45:13 |
|---|---|---|---|
| 1267 | 3,160.00 | BATE | 13:45:13 |
| 1060 | 3,155.00 | LSE | 13:54:04 |
| 1249 | 3,149.00 | BATE | 14:00:34 |
| 301 | 3,149.00 | LSE | 14:05:29 |
| 765 | 3,149.00 | LSE | 14:05:29 |
| 65 | 3,151.00 | CHIX | 14:08:29 |
| 1014 | 3,151.00 | CHIX | 14:08:29 |
| 934 | 3,152.00 | BATE | 14:14:26 |
| 441 | 3,152.00 | BATE | 14:14:27 |
| 872 | 3,150.00 | LSE | 14:16:47 |
| 79 | 3,148.00 | LSE | 14:25:24 |
| 977 | 3,148.00 | LSE | 14:25:45 |
| 618 | 3,148.00 | BATE | 14:26:39 |
| 290 | 3,148.00 | BATE | 14:26:39 |
| 80 | 3,148.00 | BATE | 14:26:39 |
| 272 | 3,148.00 | BATE | 14:28:22 |
| 91 | 3,153.00 | BATE | 14:30:23 |
| 33 | 3,153.00 | BATE | 14:30:23 |
| 28 | 3,153.00 | BATE | 14:30:23 |
| 744 | 3,155.00 | BATE | 14:31:14 |
| 549 | 3,155.00 | BATE | 14:31:14 |
| 897 | 3,156.00 | LSE | 14:31:14 |
| 1109 | 3,159.00 | CHIX | 14:32:37 |
| 99 | 3,159.00 | CHIX | 14:32:37 |
| 84 | 3,158.00 | LSE | 14:32:43 |
| 789 | 3,158.00 | LSE | 14:32:43 |
| 185 | 3,160.00 | BATE | 14:34:14 |
| 143 | 3,164.00 | BATE | 14:36:18 |
| 28 | 3,164.00 | BATE | 14:36:36 |
| 33 | 3,164.00 | BATE | 14:36:36 |
| 29 | 3,164.00 | BATE | 14:36:36 |
| 68 | 3,163.00 | LSE | 14:36:38 |
| 841 | 3,163.00 | LSE | 14:36:38 |
| 1390 | 3,163.00 | BATE | 14:36:38 |
| 31 | 3,164.00 | BATE | 14:36:38 |
| 34 | 3,164.00 | BATE | 14:36:38 |
| 30 | 3,164.00 | BATE | 14:36:38 |
| 907 | 3,160.00 | LSE | 14:37:43 |
| 107 | 3,160.00 | LSE | 14:37:43 |
| 939 | 3,165.00 | LSE | 14:44:31 |
| 1290 | 3,165.00 | BATE | 14:44:31 |
| 1049 | 3,169.00 | LSE | 14:47:02 |
| 80 | 3,171.00 | CHIX | 14:48:35 |
| 1100 | 3,171.00 | CHIX | 14:48:35 |
| 1451 | 3,172.00 | BATE | 14:49:03 |
| 178 | 3,172.00 | LSE | 14:53:22 |
| 888 | 3,172.00 | LSE | 14:53:22 |
| 210 | 3,170.00 | BATE | 14:59:32 |
|---|---|---|---|
| 24 | 3,170.00 | BATE | 14:59:32 |
| 32 | 3,170.00 | BATE | 14:59:32 |
| 210 | 3,170.00 | BATE | 15:00:06 |
| 264 | 3,170.00 | BATE | 15:00:40 |
| 210 | 3,170.00 | BATE | 15:00:40 |
| 876 | 3,169.00 | LSE | 15:01:02 |
| 1371 | 3,169.00 | BATE | 15:01:02 |
| 894 | 3,168.00 | LSE | 15:02:10 |
| 969 | 3,169.00 | LSE | 15:06:52 |
| 1227 | 3,167.00 | CHIX | 15:07:14 |
| 1512 | 3,166.00 | BATE | 15:07:24 |
| 154 | 3,165.00 | LSE | 15:12:21 |
| 716 | 3,165.00 | LSE | 15:12:21 |
| 969 | 3,167.00 | LSE | 15:17:41 |
| 1484 | 3,167.00 | BATE | 15:17:41 |
| 939 | 3,166.00 | LSE | 15:24:56 |
| 1375 | 3,166.00 | BATE | 15:24:56 |
| 814 | 3,163.00 | LSE | 15:28:03 |
| 100 | 3,163.00 | LSE | 15:28:03 |
| 743 | 3,162.00 | CHIX | 15:32:28 |
| 525 | 3,162.00 | CHIX | 15:32:28 |
| 945 | 3,162.00 | LSE | 15:32:28 |
| 1426 | 3,162.00 | BATE | 15:33:51 |
| 174 | 3,159.00 | LSE | 15:38:20 |
| 831 | 3,159.00 | LSE | 15:38:20 |
| 22 | 3,156.00 | LSE | 15:44:28 |
| 970 | 3,156.00 | LSE | 15:44:28 |
| 1257 | 3,156.00 | BATE | 15:44:28 |
| 1033 | 3,158.00 | LSE | 15:50:31 |
| 1287 | 3,158.00 | BATE | 15:50:31 |
| 916 | 3,162.00 | LSE | 15:57:36 |
| 964 | 3,163.00 | LSE | 15:57:36 |
| 609 | 3,160.00 | LSE | 16:01:55 |
| 128 | 3,160.00 | LSE | 16:01:55 |
| 842 | 3,160.00 | LSE | 16:03:18 |
| 543 | 3,160.00 | LSE | 16:03:26 |
| 857 | 3,160.00 | LSE | 16:04:26 |
| 305 | 3,160.00 | LSE | 16:05:59 |
| 684 | 3,160.00 | LSE | 16:05:59 |
| 303 | 3,160.00 | LSE | 16:05:59 |
| 1006 | 3,165.00 | LSE | 16:07:08 |
| 149 | 3,166.00 | LSE | 16:07:08 |
| 273 | 3,166.00 | LSE | 16:07:08 |
| 239 | 3,166.00 | LSE | 16:07:08 |
| 100 | 3,166.00 | LSE | 16:07:08 |
| 245 | 3,166.00 | LSE | 16:07:08 |
| 1009 | 3,164.00 | LSE | 16:08:03 |
| 1228 | 3,170.00 | LSE | 16:10:30 |
|---|---|---|---|
| 874 | 3,169.00 | LSE | 16:11:41 |
| 1053 | 3,169.00 | LSE | 16:13:00 |
| 498 | 3,166.00 | LSE | 16:14:36 |
| 439 | 3,166.00 | LSE | 16:14:36 |
| 879 | 3,167.00 | LSE | 16:16:56 |
| 1034 | 3,165.00 | LSE | 16:17:15 |
| 1005 | 3,166.00 | LSE | 16:17:15 |
| 982 | 3,163.00 | LSE | 16:19:38 |
| 1036 | 3,164.00 | LSE | 16:19:38 |
| 360 | 3,167.00 | LSE | 16:21:42 |
| 14 | 3,167.00 | LSE | 16:22:08 |
| 1 | 3,168.00 | LSE | 16:22:38 |
Exhibit 26
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 | Clarendon Hills Ltd. | |
| 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 | Northfield Investments Limited | |
| City and country of registered office (if applicable) | George Town, Grand Cayman, Cayman Islands | |
| Name | LBS 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^: | 15/04/2025 | |
| 6. Date on which issuer notified (DD/MM/YYYY): | 17/04/2025 |
| 7. Total positions of person(s) subject to the notification obligation | |||||
|---|---|---|---|---|---|
| % of voting rights attached to shares (total of 8. A) | % of voting rights through 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 voting rights of issuer^vii^ | ||
| Resulting situation on the date on which threshold was crossed or reached | 9.219762 | 0.000000 | 9.219762 | 202,945,636 | |
| Position of previous notification (if applicable) | 9.996713 | 0.000000 | 9.996713 | ||
| 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 (if possible) | Number of voting rights^ix^ | % of voting rights | |||
| Direct<br><br> <br>(Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect<br><br> <br>(Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct<br><br> <br>(Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect<br><br> <br>(Art 10 of Directive 2004/109/EC) (DTR5.2.1) | ||
| GB0002875804 Common Stock | 195,395,142 | 0 | 8.876745 | 0.000000 | |
| US1104481072 Depository Receipt | 7,550,494 | 0 | 0.343017 | 0.000000 | |
| SUBTOTAL 8. A | 202,945,636 | 9.219762% | |||
| 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/<br><br> 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/<br><br> 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 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 or is higher than the 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 | 6.714799 | 0.000000 | 6.714799% | |
| 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 | 17 April 2025 |
Name of duly authorised officer of issuer responsible for making notification:
Nancy Jiang
Assistant Secretary
British American Tobacco p.l.c.
22 April 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 27
British American Tobacco p.l.c.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
On 17 April 2025, the Company granted awards of British American Tobacco p.l.c. 25p ordinary shares (the "Shares") to the Executive Directors listed below under the British American Tobacco Performance Share Plan at an award price of 3,179 pence per Share. The awards will vest to the extent that the performance condition is satisfied at the end of the three-year performance period and will be released following an additional holding period of two years. 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 | 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<br> (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 British American Tobacco Performance Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 261,214 | |||
| d) | Aggregated information<br><br> <br>- Aggregated volume<br><br> <br>- Price | 261,214<br> <br> 8,303,993.06 | |
| e) | Date of the transaction | 2025-04-17 | |
| 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<br> (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 British American Tobacco Performance Share Plan | |
| c) | Price(s) and volume(s) | ||
| Volume(s) | |||
| 113,243 | |||
| d) | Aggregated information<br><br> <br>- Aggregated volume<br><br> <br>- Price | 113,243<br> <br> 3,599,994.97 | |
| e) | Date of the transaction | 2025-04-17 | |
| 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: 22 April 2025 |
Exhibit 28
British American Tobacco p.l.c.
23 April 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 16 April 2025 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: | 22 April 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 128,536 |
| Highest price paid per share (pence): | 3,205.00 |
| Lowest price paid per share (pence): | 3,173.00 |
| Volume weighted average price paid per share (pence): | 3,189.7547 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,200,687,877 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,013,619 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 22 April 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 | 22/04/2025 | 65,074 | 3,190.4975 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 22/04/2025 | 14,369 | 3,189.3680 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 22/04/2025 | 49,093 | 3,188.8833 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> purchased | Transaction price<br><br> (per share) | Market | Time of transaction |
|---|---|---|---|
| 1035 | 3,189.00 | LSE | 08:00:21 |
| 1424 | 3,178.00 | BATE | 08:01:03 |
| 1028 | 3,173.00 | LSE | 08:07:30 |
| 1337 | 3,177.00 | BATE | 08:10:50 |
| 1078 | 3,183.00 | LSE | 08:15:04 |
| 383 | 3,183.00 | CHIX | 08:17:54 |
| 759 | 3,183.00 | CHIX | 08:17:54 |
| 903 | 3,185.00 | LSE | 08:29:01 |
| 1339 | 3,185.00 | BATE | 08:29:01 |
| 1078 | 3,192.00 | LSE | 08:41:56 |
| 1406 | 3,194.00 | BATE | 08:46:01 |
| 708 | 3,192.00 | LSE | 08:52:21 |
| 268 | 3,192.00 | LSE | 08:52:21 |
| 929 | 3,200.00 | LSE | 09:06:03 |
| 1273 | 3,200.00 | BATE | 09:06:03 |
| 1062 | 3,194.00 | CHIX | 09:10:58 |
| 953 | 3,199.00 | LSE | 09:20:26 |
| 1435 | 3,201.00 | BATE | 09:25:45 |
| 1095 | 3,204.00 | LSE | 09:40:35 |
| 265 | 3,201.00 | BATE | 09:48:15 |
| 141 | 3,201.00 | BATE | 09:48:15 |
| 252 | 3,201.00 | BATE | 09:48:15 |
| 648 | 3,201.00 | BATE | 09:48:15 |
| 290 | 3,203.00 | LSE | 09:54:30 |
| 202 | 3,203.00 | LSE | 09:54:30 |
| 963 | 3,200.00 | LSE | 10:05:45 |
| 1044 | 3,200.00 | CHIX | 10:08:03 |
| 1296 | 3,200.00 | BATE | 10:10:07 |
| 1306 | 3,202.00 | BATE | 10:24:24 |
| 498 | 3,203.00 | LSE | 10:28:29 |
| 535 | 3,203.00 | LSE | 10:28:29 |
| 258 | 3,201.00 | BATE | 10:48:06 |
| 1207 | 3,203.00 | BATE | 10:52:00 |
| 145 | 3,203.00 | BATE | 10:52:00 |
| 1085 | 3,202.00 | LSE | 10:52:13 |
| 1189 | 3,199.00 | CHIX | 11:01:02 |
| 1465 | 3,195.00 | BATE | 11:15:30 |
| 1027 | 3,192.00 | LSE | 11:17:41 |
| 1073 | 3,193.00 | LSE | 11:32:11 |
| 1375 | 3,187.00 | BATE | 11:47:13 |
| 1082 | 3,185.00 | LSE | 11:53:29 |
| 1377 | 3,181.00 | BATE | 12:04:03 |
| 1035 | 3,178.00 | LSE | 12:07:39 |
| 1149 | 3,178.00 | CHIX | 12:11:59 |
| 177 | 3,177.00 | BATE | 12:27:33 |
|---|---|---|---|
| 195 | 3,177.00 | BATE | 12:27:33 |
| 107 | 3,177.00 | BATE | 12:27:38 |
| 1040 | 3,179.00 | LSE | 12:33:26 |
| 1325 | 3,180.00 | BATE | 12:42:11 |
| 912 | 3,176.00 | LSE | 12:57:18 |
| 555 | 3,179.00 | BATE | 13:00:03 |
| 739 | 3,179.00 | BATE | 13:00:03 |
| 1069 | 3,181.00 | LSE | 13:05:09 |
| 912 | 3,183.00 | LSE | 13:10:43 |
| 778 | 3,180.00 | CHIX | 13:19:08 |
| 369 | 3,180.00 | CHIX | 13:19:08 |
| 11 | 3,180.00 | BATE | 13:28:38 |
| 1021 | 3,180.00 | BATE | 13:28:53 |
| 293 | 3,180.00 | BATE | 13:28:53 |
| 96 | 3,179.00 | LSE | 13:29:57 |
| 172 | 3,179.00 | LSE | 13:29:58 |
| 968 | 3,181.00 | LSE | 13:31:45 |
| 2 | 3,181.00 | BATE | 13:37:28 |
| 3 | 3,181.00 | BATE | 13:37:28 |
| 1519 | 3,181.00 | BATE | 13:37:36 |
| 1083 | 3,180.00 | LSE | 13:43:44 |
| 1084 | 3,178.00 | LSE | 13:56:32 |
| 863 | 3,178.00 | BATE | 13:56:32 |
| 596 | 3,178.00 | BATE | 13:56:32 |
| 1115 | 3,180.00 | CHIX | 14:05:31 |
| 150 | 3,180.00 | BATE | 14:11:19 |
| 252 | 3,180.00 | BATE | 14:12:48 |
| 247 | 3,180.00 | LSE | 14:13:19 |
| 255 | 3,180.00 | BATE | 14:13:28 |
| 363 | 3,180.00 | BATE | 14:13:28 |
| 696 | 3,180.00 | LSE | 14:13:28 |
| 254 | 3,180.00 | BATE | 14:13:28 |
| 1002 | 3,177.00 | LSE | 14:20:25 |
| 106 | 3,176.00 | BATE | 14:25:04 |
| 267 | 3,177.00 | BATE | 14:27:40 |
| 931 | 3,177.00 | LSE | 14:27:50 |
| 1231 | 3,177.00 | BATE | 14:27:50 |
| 996 | 3,184.00 | BATE | 14:30:23 |
| 265 | 3,184.00 | BATE | 14:30:23 |
| 888 | 3,184.00 | LSE | 14:30:38 |
| 1037 | 3,185.00 | CHIX | 14:30:38 |
| 334 | 3,182.00 | LSE | 14:31:46 |
| 720 | 3,182.00 | LSE | 14:31:46 |
| 1088 | 3,181.00 | LSE | 14:32:21 |
| 1231 | 3,181.00 | BATE | 14:33:05 |
| 994 | 3,180.00 | LSE | 14:33:48 |
| 11 | 3,176.00 | LSE | 14:36:03 |
| 42 | 3,177.00 | LSE | 14:37:25 |
|---|---|---|---|
| 986 | 3,177.00 | LSE | 14:37:28 |
| 171 | 3,179.00 | BATE | 14:38:45 |
| 1053 | 3,179.00 | BATE | 14:39:05 |
| 1075 | 3,179.00 | LSE | 14:40:00 |
| 925 | 3,181.00 | LSE | 14:44:32 |
| 1248 | 3,181.00 | BATE | 14:44:32 |
| 1213 | 3,181.00 | CHIX | 14:45:31 |
| 26 | 3,181.00 | CHIX | 14:45:31 |
| 254 | 3,182.00 | LSE | 14:48:50 |
| 279 | 3,182.00 | LSE | 14:49:03 |
| 243 | 3,182.00 | LSE | 14:49:11 |
| 237 | 3,182.00 | LSE | 14:49:11 |
| 704 | 3,181.00 | BATE | 14:49:50 |
| 543 | 3,181.00 | BATE | 14:49:50 |
| 81 | 3,179.00 | LSE | 14:53:05 |
| 269 | 3,179.00 | LSE | 14:53:19 |
| 182 | 3,179.00 | LSE | 14:53:34 |
| 438 | 3,179.00 | LSE | 14:53:34 |
| 1085 | 3,180.00 | BATE | 14:55:58 |
| 258 | 3,180.00 | BATE | 14:55:58 |
| 977 | 3,179.00 | LSE | 14:59:38 |
| 127 | 3,183.00 | BATE | 15:03:03 |
| 458 | 3,188.00 | LSE | 15:05:03 |
| 552 | 3,188.00 | LSE | 15:05:04 |
| 1107 | 3,188.00 | BATE | 15:05:04 |
| 1184 | 3,188.00 | CHIX | 15:05:04 |
| 251 | 3,188.00 | BATE | 15:05:04 |
| 20 | 3,184.00 | BATE | 15:10:02 |
| 146 | 3,184.00 | LSE | 15:10:06 |
| 31 | 3,184.00 | LSE | 15:10:34 |
| 281 | 3,184.00 | LSE | 15:10:34 |
| 278 | 3,184.00 | BATE | 15:11:04 |
| 101 | 3,184.00 | LSE | 15:11:12 |
| 245 | 3,184.00 | LSE | 15:11:12 |
| 149 | 3,184.00 | LSE | 15:11:56 |
| 996 | 3,184.00 | BATE | 15:12:11 |
| 985 | 3,184.00 | LSE | 15:12:11 |
| 1252 | 3,190.00 | LSE | 15:19:13 |
| 1388 | 3,190.00 | BATE | 15:19:13 |
| 977 | 3,189.00 | LSE | 15:19:16 |
| 1021 | 3,190.00 | LSE | 15:20:46 |
| 57 | 3,189.00 | LSE | 15:23:12 |
| 268 | 3,189.00 | LSE | 15:23:12 |
| 179 | 3,189.00 | LSE | 15:23:12 |
| 487 | 3,189.00 | LSE | 15:23:12 |
| 941 | 3,191.00 | LSE | 15:24:50 |
| 1352 | 3,194.00 | BATE | 15:26:47 |
| 849 | 3,193.00 | LSE | 15:27:06 |
|---|---|---|---|
| 85 | 3,193.00 | LSE | 15:27:06 |
| 1111 | 3,194.00 | CHIX | 15:27:55 |
| 956 | 3,195.00 | LSE | 15:31:06 |
| 1056 | 3,193.00 | LSE | 15:36:00 |
| 1477 | 3,193.00 | BATE | 15:36:00 |
| 1001 | 3,198.00 | LSE | 15:41:05 |
| 167 | 3,197.00 | BATE | 15:43:59 |
| 121 | 3,198.00 | BATE | 15:44:08 |
| 107 | 3,200.00 | BATE | 15:45:42 |
| 84 | 3,202.00 | BATE | 15:46:42 |
| 251 | 3,202.00 | BATE | 15:47:02 |
| 720 | 3,204.00 | BATE | 15:47:59 |
| 932 | 3,204.00 | LSE | 15:47:59 |
| 537 | 3,204.00 | BATE | 15:47:59 |
| 904 | 3,202.00 | LSE | 15:48:15 |
| 226 | 3,203.00 | CHIX | 15:52:02 |
| 1021 | 3,203.00 | LSE | 15:55:29 |
| 377 | 3,203.00 | BATE | 15:55:29 |
| 695 | 3,203.00 | BATE | 15:55:29 |
| 345 | 3,203.00 | BATE | 15:55:29 |
| 110 | 3,203.00 | BATE | 15:55:29 |
| 345 | 3,203.00 | CHIX | 15:56:05 |
| 44 | 3,203.00 | CHIX | 15:56:05 |
| 45 | 3,203.00 | CHIX | 15:56:05 |
| 47 | 3,203.00 | CHIX | 15:56:05 |
| 85 | 3,203.00 | CHIX | 15:56:05 |
| 1052 | 3,205.00 | LSE | 16:00:17 |
| 638 | 3,204.00 | BATE | 16:03:18 |
| 883 | 3,204.00 | LSE | 16:03:35 |
| 682 | 3,204.00 | BATE | 16:03:35 |
| 384 | 3,202.00 | CHIX | 16:05:35 |
| 290 | 3,202.00 | CHIX | 16:05:35 |
| 345 | 3,202.00 | CHIX | 16:05:35 |
| 139 | 3,202.00 | CHIX | 16:05:45 |
| 999 | 3,200.00 | LSE | 16:09:00 |
| 1476 | 3,201.00 | BATE | 16:10:36 |
| 896 | 3,202.00 | LSE | 16:16:21 |
| 236 | 3,202.00 | LSE | 16:18:09 |
| 905 | 3,202.00 | LSE | 16:18:20 |
| 14 | 3,202.00 | LSE | 16:18:20 |
| 1020 | 3,201.00 | LSE | 16:19:24 |
| 243 | 3,201.00 | LSE | 16:19:24 |
| 809 | 3,201.00 | LSE | 16:19:24 |
| 786 | 3,201.00 | LSE | 16:20:01 |
| 161 | 3,201.00 | LSE | 16:20:01 |
| 185 | 3,203.00 | LSE | 16:21:14 |
| 186 | 3,203.00 | LSE | 16:21:14 |
| 327 | 3,203.00 | LSE | 16:21:14 |
|---|---|---|---|
| 182 | 3,203.00 | LSE | 16:21:14 |
| 293 | 3,203.00 | LSE | 16:21:14 |
| 433 | 3,203.00 | LSE | 16:21:14 |
| 174 | 3,203.00 | LSE | 16:21:14 |
| 164 | 3,203.00 | LSE | 16:21:14 |
| 263 | 3,203.00 | LSE | 16:21:14 |
| 161 | 3,203.00 | LSE | 16:21:14 |
| 129 | 3,203.00 | LSE | 16:21:31 |
| 374 | 3,203.00 | LSE | 16:21:31 |
| 100 | 3,203.00 | LSE | 16:21:31 |
| 310 | 3,203.00 | LSE | 16:21:31 |
| 624 | 3,203.00 | LSE | 16:21:31 |
| 100 | 3,203.00 | LSE | 16:21:31 |
| 305 | 3,203.00 | LSE | 16:21:31 |
| 161 | 3,203.00 | LSE | 16:21:31 |
| 170 | 3,203.00 | LSE | 16:21:31 |
| 185 | 3,203.00 | LSE | 16:21:31 |
| 44 | 3,203.00 | LSE | 16:22:12 |
| 156 | 3,203.00 | LSE | 16:22:12 |
| 9 | 3,203.00 | LSE | 16:22:36 |
| 1 | 3,203.00 | LSE | 16:22:56 |
Exhibit 29
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 | Seneca Investments Limited |
| 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 | LBS 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 | |
| City and country of registered office (if applicable) | |
| 5. Date on which the threshold was crossed or reached^vi^: | 17/04/2025 |
| 6. Date on which issuer notified (DD/MM/YYYY): | 22/04/2025 |
| 7. Total positions of person(s) subject to the notification obligation | |||||
|---|---|---|---|---|---|
| % of voting rights attached to shares<br><br> <br>(total of 8. A) | % of voting rights through 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 voting rights of issuer^vii^ | ||
| Resulting situation on the date on which threshold was crossed or reached | 8.899793 | 0.000000 | 8.899793 | 195,879,636 | |
| Position of previous notification<br><br> <br>(if applicable) | 9.219762 | 0.000000 | 9.219762 | ||
| 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 (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 | 188,329,142 | 0 | 8.556736 | 0.000000 | |
| US1104481072 Depository Receipt | 7,550,494 | 0 | 0.343057 | 0.000000 | |
| SUBTOTAL 8. A | 195,879,636 | 8.899793% | |||
| 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 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<br><br> <br>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<br><br> <br>equals or is higher<br><br> <br>than the notifiable threshold | Total of both if<br><br> <br>it equals or is<br><br> <br>higher than the<br><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 | 6.394538 | 0.000000 | 6.394538% |
| 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 | 22 April 2025 |
Name of duly authorised officer of issuer responsible for making notification:
Nancy Jiang
Assistant Secretary
British American Tobacco p.l.c.
23 April 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 30
British American Tobacco p.l.c.
24 April 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 16 April 2025 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: | 23 April 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 129,632 |
| Highest price paid per share (pence): | 3,201.00 |
| Lowest price paid per share (pence): | 3,129.00 |
| Volume weighted average price paid per share (pence): | 3,162.7930 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,200,558,245 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,013,619 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 23 April 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 | 23/04/2025 | 69,083 | 3,162.6351 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 23/04/2025 | 13,687 | 3,161.3779 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 23/04/2025 | 46,862 | 3,163.4390 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 867 | 3,201.00 | LSE | 08:00:18 |
| 1026 | 3,198.00 | BATE | 08:01:19 |
| 213 | 3,198.00 | BATE | 08:01:19 |
| 966 | 3,184.00 | LSE | 08:06:25 |
| 590 | 3,177.00 | BATE | 08:09:17 |
| 736 | 3,177.00 | BATE | 08:09:17 |
| 787 | 3,174.00 | LSE | 08:16:29 |
| 288 | 3,174.00 | LSE | 08:16:29 |
| 1108 | 3,174.00 | CHIX | 08:16:29 |
| 771 | 3,180.00 | BATE | 08:25:11 |
| 575 | 3,180.00 | BATE | 08:25:11 |
| 1050 | 3,183.00 | LSE | 08:41:37 |
| 30 | 3,183.00 | BATE | 08:41:37 |
| 1230 | 3,183.00 | BATE | 08:41:37 |
| 1395 | 3,189.00 | BATE | 09:00:11 |
| 927 | 3,190.00 | LSE | 09:07:59 |
| 1176 | 3,190.00 | CHIX | 09:07:59 |
| 141 | 3,190.00 | LSE | 09:07:59 |
| 1144 | 3,189.00 | BATE | 09:19:24 |
| 238 | 3,189.00 | BATE | 09:19:24 |
| 956 | 3,185.00 | LSE | 09:30:37 |
| 1034 | 3,178.00 | LSE | 09:41:10 |
| 1471 | 3,178.00 | BATE | 09:41:10 |
| 1256 | 3,167.00 | BATE | 10:03:44 |
| 1071 | 3,166.00 | LSE | 10:04:04 |
| 1108 | 3,164.00 | CHIX | 10:11:24 |
| 114 | 3,164.00 | CHIX | 10:11:24 |
| 1370 | 3,162.00 | BATE | 10:19:33 |
| 1030 | 3,158.00 | LSE | 10:25:49 |
| 885 | 3,155.00 | LSE | 10:40:17 |
| 1279 | 3,156.00 | BATE | 10:41:40 |
| 932 | 3,152.00 | LSE | 10:56:35 |
| 9 | 3,149.00 | BATE | 11:03:40 |
| 1216 | 3,149.00 | BATE | 11:04:16 |
| 1005 | 3,152.00 | LSE | 11:18:02 |
| 385 | 3,152.00 | CHIX | 11:18:02 |
| 868 | 3,152.00 | CHIX | 11:18:02 |
| 1479 | 3,150.00 | BATE | 11:28:02 |
| 889 | 3,156.00 | LSE | 11:45:50 |
| 110 | 3,156.00 | LSE | 11:45:50 |
| 1275 | 3,160.00 | BATE | 11:53:21 |
| 917 | 3,163.00 | LSE | 12:00:19 |
| 1049 | 3,162.00 | LSE | 12:01:00 |
| 171 | 3,165.00 | BATE | 12:10:57 |
| 586 | 3,165.00 | BATE | 12:10:57 |
|---|---|---|---|
| 596 | 3,165.00 | BATE | 12:10:59 |
| 1011 | 3,163.00 | LSE | 12:15:44 |
| 316 | 3,154.00 | CHIX | 12:29:58 |
| 758 | 3,154.00 | CHIX | 12:29:58 |
| 59 | 3,154.00 | CHIX | 12:29:58 |
| 1276 | 3,153.00 | BATE | 12:33:10 |
| 48 | 3,152.00 | LSE | 12:33:15 |
| 28 | 3,152.00 | LSE | 12:33:15 |
| 197 | 3,152.00 | LSE | 12:33:16 |
| 496 | 3,152.00 | LSE | 12:33:20 |
| 1 | 3,152.00 | LSE | 12:33:20 |
| 224 | 3,152.00 | LSE | 12:33:20 |
| 1049 | 3,154.00 | LSE | 12:49:28 |
| 76 | 3,154.00 | BATE | 12:56:25 |
| 1330 | 3,154.00 | BATE | 12:56:34 |
| 1024 | 3,151.00 | LSE | 13:06:29 |
| 210 | 3,152.00 | BATE | 13:18:49 |
| 1141 | 3,152.00 | BATE | 13:19:57 |
| 13 | 3,152.00 | BATE | 13:19:59 |
| 47 | 3,152.00 | BATE | 13:19:59 |
| 934 | 3,151.00 | LSE | 13:23:15 |
| 77 | 3,153.00 | CHIX | 13:30:45 |
| 1031 | 3,153.00 | CHIX | 13:31:01 |
| 954 | 3,154.00 | LSE | 13:37:56 |
| 1392 | 3,154.00 | BATE | 13:37:56 |
| 527 | 3,154.00 | LSE | 13:54:53 |
| 481 | 3,154.00 | LSE | 13:54:53 |
| 1519 | 3,154.00 | BATE | 13:54:53 |
| 890 | 3,152.00 | LSE | 14:08:45 |
| 11 | 3,152.00 | BATE | 14:09:03 |
| 31 | 3,152.00 | BATE | 14:09:04 |
| 34 | 3,152.00 | BATE | 14:09:04 |
| 33 | 3,152.00 | BATE | 14:09:04 |
| 1438 | 3,151.00 | BATE | 14:09:18 |
| 92 | 3,149.00 | LSE | 14:11:32 |
| 945 | 3,149.00 | LSE | 14:11:32 |
| 834 | 3,146.00 | CHIX | 14:13:55 |
| 308 | 3,146.00 | CHIX | 14:13:55 |
| 998 | 3,144.00 | LSE | 14:19:54 |
| 4 | 3,146.00 | BATE | 14:28:58 |
| 96 | 3,146.00 | BATE | 14:28:58 |
| 119 | 3,149.00 | BATE | 14:30:03 |
| 119 | 3,149.00 | BATE | 14:30:06 |
| 152 | 3,149.00 | BATE | 14:30:06 |
| 119 | 3,149.00 | BATE | 14:30:06 |
| 361 | 3,149.00 | BATE | 14:30:06 |
| 140 | 3,149.00 | BATE | 14:30:07 |
| 1430 | 3,149.00 | BATE | 14:30:08 |
|---|---|---|---|
| 295 | 3,149.00 | BATE | 14:30:08 |
| 395 | 3,147.00 | LSE | 14:30:16 |
| 560 | 3,147.00 | LSE | 14:30:16 |
| 881 | 3,145.00 | LSE | 14:31:09 |
| 411 | 3,149.00 | LSE | 14:32:13 |
| 661 | 3,149.00 | LSE | 14:32:13 |
| 1149 | 3,152.00 | CHIX | 14:32:59 |
| 1278 | 3,152.00 | BATE | 14:33:14 |
| 943 | 3,146.00 | LSE | 14:34:00 |
| 934 | 3,153.00 | LSE | 14:36:21 |
| 1418 | 3,160.00 | BATE | 14:38:03 |
| 155 | 3,156.00 | LSE | 14:38:20 |
| 306 | 3,156.00 | LSE | 14:38:20 |
| 306 | 3,156.00 | LSE | 14:38:20 |
| 195 | 3,156.00 | LSE | 14:38:20 |
| 862 | 3,129.00 | LSE | 14:41:03 |
| 1519 | 3,140.00 | BATE | 14:45:03 |
| 1011 | 3,140.00 | LSE | 14:45:27 |
| 965 | 3,148.00 | LSE | 14:49:28 |
| 1045 | 3,154.00 | CHIX | 14:51:05 |
| 262 | 3,157.00 | BATE | 14:52:23 |
| 1187 | 3,157.00 | BATE | 14:52:23 |
| 360 | 3,153.00 | LSE | 14:52:27 |
| 216 | 3,153.00 | LSE | 14:52:27 |
| 469 | 3,153.00 | LSE | 14:52:27 |
| 945 | 3,155.00 | LSE | 14:56:40 |
| 109 | 3,155.00 | LSE | 14:56:40 |
| 834 | 3,157.00 | BATE | 14:58:39 |
| 687 | 3,157.00 | BATE | 14:58:39 |
| 956 | 3,156.00 | LSE | 15:00:05 |
| 196 | 3,165.00 | LSE | 15:06:03 |
| 107 | 3,165.00 | BATE | 15:06:04 |
| 57 | 3,165.00 | BATE | 15:06:04 |
| 384 | 3,165.00 | LSE | 15:06:04 |
| 303 | 3,165.00 | LSE | 15:06:04 |
| 73 | 3,165.00 | BATE | 15:06:04 |
| 171 | 3,165.00 | BATE | 15:06:04 |
| 586 | 3,165.00 | BATE | 15:06:04 |
| 164 | 3,165.00 | BATE | 15:06:04 |
| 107 | 3,165.00 | BATE | 15:06:04 |
| 219 | 3,165.00 | BATE | 15:06:04 |
| 352 | 3,164.00 | CHIX | 15:07:15 |
| 444 | 3,163.00 | LSE | 15:07:17 |
| 714 | 3,164.00 | CHIX | 15:07:17 |
| 494 | 3,163.00 | LSE | 15:08:10 |
| 664 | 3,167.00 | LSE | 15:09:52 |
| 229 | 3,167.00 | LSE | 15:09:52 |
| 1030 | 3,167.00 | LSE | 15:14:37 |
|---|---|---|---|
| 1418 | 3,167.00 | BATE | 15:14:37 |
| 450 | 3,167.00 | LSE | 15:16:47 |
| 532 | 3,167.00 | LSE | 15:16:47 |
| 881 | 3,171.00 | LSE | 15:22:28 |
| 1426 | 3,171.00 | BATE | 15:22:28 |
| 977 | 3,167.00 | LSE | 15:25:23 |
| 232 | 3,167.00 | LSE | 15:29:20 |
| 656 | 3,167.00 | LSE | 15:29:20 |
| 1234 | 3,167.00 | CHIX | 15:29:50 |
| 1495 | 3,171.00 | BATE | 15:30:14 |
| 1037 | 3,174.00 | LSE | 15:33:40 |
| 1062 | 3,169.00 | LSE | 15:39:00 |
| 1431 | 3,171.00 | BATE | 15:39:54 |
| 950 | 3,167.00 | LSE | 15:44:43 |
| 1071 | 3,169.00 | LSE | 15:48:30 |
| 1378 | 3,169.00 | BATE | 15:48:30 |
| 909 | 3,165.00 | LSE | 15:53:48 |
| 1051 | 3,166.00 | CHIX | 15:55:11 |
| 1003 | 3,167.00 | BATE | 15:57:11 |
| 239 | 3,169.00 | LSE | 15:57:52 |
| 278 | 3,169.00 | LSE | 15:57:52 |
| 370 | 3,169.00 | LSE | 15:57:52 |
| 303 | 3,167.00 | LSE | 16:00:05 |
| 70 | 3,167.00 | LSE | 16:00:05 |
| 678 | 3,167.00 | LSE | 16:00:05 |
| 916 | 3,165.00 | LSE | 16:00:34 |
| 932 | 3,166.00 | LSE | 16:00:34 |
| 255 | 3,164.00 | LSE | 16:00:35 |
| 310 | 3,164.00 | LSE | 16:00:35 |
| 310 | 3,163.00 | LSE | 16:00:35 |
| 146 | 3,163.00 | LSE | 16:00:38 |
| 173 | 3,163.00 | LSE | 16:00:38 |
| 595 | 3,163.00 | LSE | 16:00:38 |
| 977 | 3,166.00 | LSE | 16:01:09 |
| 747 | 3,166.00 | LSE | 16:01:51 |
| 292 | 3,166.00 | LSE | 16:01:51 |
| 1007 | 3,169.00 | LSE | 16:04:49 |
| 64 | 3,169.00 | LSE | 16:04:49 |
| 140 | 3,169.00 | LSE | 16:04:49 |
| 507 | 3,168.00 | LSE | 16:05:04 |
| 408 | 3,168.00 | LSE | 16:05:04 |
| 124 | 3,168.00 | LSE | 16:05:04 |
| 961 | 3,169.00 | LSE | 16:07:02 |
| 898 | 3,169.00 | LSE | 16:07:32 |
| 906 | 3,168.00 | LSE | 16:07:43 |
| 998 | 3,167.00 | LSE | 16:08:39 |
| 861 | 3,166.00 | LSE | 16:10:33 |
| 1166 | 3,168.00 | LSE | 16:12:50 |
|---|---|---|---|
| 993 | 3,167.00 | LSE | 16:13:30 |
| 1041 | 3,167.00 | LSE | 16:14:14 |
| 85 | 3,167.00 | LSE | 16:16:02 |
| 413 | 3,167.00 | LSE | 16:16:02 |
| 235 | 3,167.00 | LSE | 16:16:02 |
| 70 | 3,167.00 | LSE | 16:16:02 |
| 354 | 3,167.00 | LSE | 16:16:02 |
| 27 | 3,167.00 | LSE | 16:16:02 |
| 238 | 3,167.00 | LSE | 16:16:02 |
| 240 | 3,167.00 | LSE | 16:22:01 |
| 240 | 3,167.00 | LSE | 16:22:01 |
| 203 | 3,167.00 | LSE | 16:22:01 |
| 70 | 3,168.00 | LSE | 16:22:22 |
| 247 | 3,168.00 | LSE | 16:22:22 |
| 50 | 3,167.00 | LSE | 16:23:02 |
| 2 | 3,167.00 | LSE | 16:24:37 |
Exhibit 31
British American Tobacco p.l.c.
25 April 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 16 April 2025 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 April 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 128,580 |
| Highest price paid per share (pence): | 3,209.00 |
| Lowest price paid per share (pence): | 3,175.00 |
| Volume weighted average price paid per share (pence): | 3,188.6584 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,200,429,665 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,013,619 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 April 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 | 24/04/2025 | 64,451 | 3,186.4332 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 24/04/2025 | 13,950 | 3,190.4344 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 24/04/2025 | 50,179 | 3,191.0229 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 1231 | 3,192.00 | BATE | 08:01:10 |
| 1017 | 3,196.00 | LSE | 08:01:10 |
| 302 | 3,195.00 | BATE | 08:09:41 |
| 1114 | 3,195.00 | BATE | 08:09:41 |
| 984 | 3,194.00 | LSE | 08:10:15 |
| 69 | 3,194.00 | LSE | 08:10:15 |
| 1115 | 3,195.00 | CHIX | 08:16:13 |
| 151 | 3,195.00 | CHIX | 08:16:13 |
| 960 | 3,198.00 | LSE | 08:24:13 |
| 210 | 3,198.00 | BATE | 08:24:13 |
| 1178 | 3,198.00 | BATE | 08:24:13 |
| 941 | 3,203.00 | BATE | 08:41:10 |
| 437 | 3,203.00 | BATE | 08:41:10 |
| 9 | 3,201.00 | LSE | 08:50:07 |
| 250 | 3,201.00 | LSE | 08:50:51 |
| 929 | 3,203.00 | LSE | 08:55:46 |
| 65 | 3,199.00 | BATE | 09:00:19 |
| 555 | 3,199.00 | BATE | 09:00:19 |
| 811 | 3,199.00 | BATE | 09:00:19 |
| 872 | 3,202.00 | LSE | 09:12:06 |
| 1109 | 3,205.00 | CHIX | 09:17:51 |
| 83 | 3,205.00 | CHIX | 09:17:51 |
| 800 | 3,205.00 | BATE | 09:20:10 |
| 603 | 3,205.00 | BATE | 09:20:10 |
| 900 | 3,202.00 | LSE | 09:31:16 |
| 131 | 3,202.00 | LSE | 09:31:16 |
| 1068 | 3,206.50 | LSE | 09:45:55 |
| 34 | 3,207.00 | BATE | 09:45:55 |
| 614 | 3,207.00 | BATE | 09:45:55 |
| 642 | 3,207.00 | BATE | 09:45:55 |
| 391 | 3,203.00 | BATE | 10:02:23 |
| 151 | 3,203.00 | BATE | 10:02:26 |
| 951 | 3,203.00 | LSE | 10:02:26 |
| 106 | 3,203.00 | BATE | 10:03:45 |
| 121 | 3,203.00 | BATE | 10:03:46 |
| 26 | 3,203.00 | BATE | 10:03:46 |
| 26 | 3,203.00 | BATE | 10:03:46 |
| 125 | 3,203.00 | BATE | 10:03:47 |
| 118 | 3,203.00 | BATE | 10:03:48 |
| 78 | 3,203.00 | BATE | 10:03:49 |
| 215 | 3,203.00 | BATE | 10:03:49 |
| 27 | 3,203.00 | BATE | 10:03:49 |
| 945 | 3,201.00 | LSE | 10:18:23 |
| 1023 | 3,201.00 | CHIX | 10:18:23 |
| 1333 | 3,201.00 | BATE | 10:18:23 |
|---|---|---|---|
| 1010 | 3,204.00 | LSE | 10:41:38 |
| 1231 | 3,204.00 | BATE | 10:41:38 |
| 4 | 3,204.00 | BATE | 10:41:38 |
| 191 | 3,205.00 | BATE | 10:59:13 |
| 1295 | 3,205.00 | BATE | 10:59:45 |
| 990 | 3,206.00 | LSE | 11:07:42 |
| 1144 | 3,206.00 | CHIX | 11:16:22 |
| 360 | 3,209.00 | BATE | 11:23:00 |
| 362 | 3,209.00 | BATE | 11:23:00 |
| 112 | 3,209.00 | BATE | 11:23:01 |
| 252 | 3,209.00 | BATE | 11:23:01 |
| 384 | 3,209.00 | BATE | 11:23:01 |
| 948 | 3,206.00 | LSE | 11:39:12 |
| 1249 | 3,209.00 | BATE | 11:50:40 |
| 272 | 3,209.00 | BATE | 11:50:40 |
| 983 | 3,209.00 | LSE | 12:00:13 |
| 763 | 3,205.00 | BATE | 12:13:30 |
| 764 | 3,205.00 | BATE | 12:13:30 |
| 1010 | 3,199.00 | LSE | 12:17:58 |
| 1194 | 3,199.00 | CHIX | 12:25:56 |
| 52 | 3,199.00 | CHIX | 12:25:59 |
| 94 | 3,199.00 | CHIX | 12:25:59 |
| 26 | 3,199.00 | CHIX | 12:25:59 |
| 174 | 3,199.00 | CHIX | 12:25:59 |
| 791 | 3,200.00 | BATE | 12:38:06 |
| 484 | 3,200.00 | BATE | 12:38:06 |
| 889 | 3,198.00 | LSE | 12:39:11 |
| 238 | 3,195.00 | LSE | 12:47:37 |
| 687 | 3,195.00 | LSE | 12:47:37 |
| 819 | 3,194.00 | BATE | 12:59:09 |
| 550 | 3,194.00 | BATE | 12:59:09 |
| 1066 | 3,193.00 | LSE | 13:01:29 |
| 1295 | 3,196.00 | BATE | 13:20:03 |
| 960 | 3,195.00 | LSE | 13:20:38 |
| 1062 | 3,194.00 | LSE | 13:27:28 |
| 903 | 3,189.00 | LSE | 13:34:48 |
| 1518 | 3,189.00 | BATE | 13:34:48 |
| 916 | 3,188.00 | LSE | 13:42:05 |
| 893 | 3,186.00 | LSE | 13:45:00 |
| 430 | 3,184.00 | CHIX | 13:45:51 |
| 753 | 3,184.00 | CHIX | 13:45:51 |
| 1003 | 3,185.00 | LSE | 13:52:29 |
| 1379 | 3,184.00 | BATE | 13:53:12 |
| 1062 | 3,183.00 | LSE | 14:01:43 |
| 1436 | 3,183.00 | BATE | 14:13:09 |
| 888 | 3,181.00 | LSE | 14:14:39 |
| 265 | 3,184.00 | BATE | 14:20:47 |
| 1200 | 3,184.00 | BATE | 14:20:48 |
|---|---|---|---|
| 950 | 3,186.00 | LSE | 14:25:03 |
| 1032 | 3,184.00 | CHIX | 14:27:53 |
| 876 | 3,183.00 | LSE | 14:29:54 |
| 1296 | 3,183.00 | BATE | 14:29:54 |
| 1020 | 3,183.00 | LSE | 14:30:28 |
| 1033 | 3,180.00 | LSE | 14:32:01 |
| 1235 | 3,180.00 | BATE | 14:32:01 |
| 846 | 3,181.00 | LSE | 14:34:15 |
| 154 | 3,181.00 | LSE | 14:34:15 |
| 1002 | 3,185.00 | BATE | 14:36:21 |
| 480 | 3,185.00 | BATE | 14:36:21 |
| 995 | 3,184.00 | LSE | 14:36:53 |
| 1121 | 3,184.00 | CHIX | 14:38:10 |
| 972 | 3,183.00 | LSE | 14:41:28 |
| 1497 | 3,183.00 | BATE | 14:44:15 |
| 972 | 3,181.00 | LSE | 14:45:49 |
| 1408 | 3,185.00 | BATE | 14:49:51 |
| 895 | 3,184.00 | LSE | 14:51:46 |
| 972 | 3,183.00 | LSE | 14:56:03 |
| 1468 | 3,183.00 | BATE | 14:56:03 |
| 358 | 3,185.00 | CHIX | 14:58:09 |
| 808 | 3,185.00 | CHIX | 14:58:09 |
| 973 | 3,184.00 | LSE | 15:00:42 |
| 1318 | 3,180.00 | BATE | 15:02:09 |
| 881 | 3,179.00 | LSE | 15:05:41 |
| 383 | 3,178.00 | BATE | 15:08:24 |
| 1107 | 3,178.00 | BATE | 15:08:24 |
| 1034 | 3,177.00 | LSE | 15:10:17 |
| 8 | 3,177.00 | LSE | 15:10:17 |
| 1068 | 3,177.00 | LSE | 15:15:55 |
| 4 | 3,177.00 | LSE | 15:15:55 |
| 34 | 3,176.00 | BATE | 15:17:04 |
| 1046 | 3,180.00 | LSE | 15:18:50 |
| 1224 | 3,180.00 | CHIX | 15:18:50 |
| 1286 | 3,180.00 | BATE | 15:18:50 |
| 386 | 3,180.00 | LSE | 15:28:10 |
| 193 | 3,180.00 | LSE | 15:28:10 |
| 1274 | 3,180.00 | BATE | 15:30:26 |
| 187 | 3,180.00 | LSE | 15:31:10 |
| 296 | 3,180.00 | LSE | 15:31:10 |
| 394 | 3,180.00 | LSE | 15:31:10 |
| 141 | 3,180.00 | LSE | 15:31:10 |
| 70 | 3,180.00 | BATE | 15:31:56 |
| 1309 | 3,180.00 | BATE | 15:31:58 |
| 106 | 3,180.00 | BATE | 15:31:58 |
| 946 | 3,179.00 | LSE | 15:32:50 |
| 636 | 3,179.00 | LSE | 15:32:50 |
| 366 | 3,179.00 | LSE | 15:32:50 |
|---|---|---|---|
| 907 | 3,180.00 | LSE | 15:35:09 |
| 960 | 3,180.00 | LSE | 15:37:53 |
| 27 | 3,180.00 | LSE | 15:37:53 |
| 37 | 3,179.00 | LSE | 15:42:33 |
| 287 | 3,179.00 | LSE | 15:42:34 |
| 682 | 3,179.00 | LSE | 15:42:34 |
| 1308 | 3,179.00 | BATE | 15:42:34 |
| 1 | 3,178.00 | CHIX | 15:43:45 |
| 1 | 3,178.00 | CHIX | 15:43:45 |
| 259 | 3,178.00 | CHIX | 15:43:45 |
| 301 | 3,178.00 | CHIX | 15:43:45 |
| 151 | 3,178.00 | CHIX | 15:43:45 |
| 60 | 3,178.00 | CHIX | 15:43:45 |
| 59 | 3,178.00 | CHIX | 15:43:45 |
| 833 | 3,175.00 | LSE | 15:47:00 |
| 100 | 3,175.00 | LSE | 15:47:00 |
| 25 | 3,177.00 | BATE | 15:48:02 |
| 30 | 3,177.00 | BATE | 15:48:02 |
| 100 | 3,178.00 | LSE | 15:51:42 |
| 1260 | 3,178.00 | BATE | 15:51:42 |
| 835 | 3,178.00 | LSE | 15:51:42 |
| 1076 | 3,179.00 | LSE | 15:55:44 |
| 1428 | 3,179.00 | BATE | 15:55:44 |
| 99 | 3,179.00 | BATE | 15:55:44 |
| 862 | 3,179.00 | LSE | 16:00:29 |
| 1227 | 3,179.00 | CHIX | 16:00:29 |
| 947 | 3,178.00 | LSE | 16:02:24 |
| 1526 | 3,179.00 | BATE | 16:03:58 |
| 873 | 3,176.00 | LSE | 16:08:30 |
| 498 | 3,176.00 | LSE | 16:08:30 |
| 1394 | 3,176.00 | LSE | 16:10:50 |
| 889 | 3,177.00 | LSE | 16:11:12 |
| 264 | 3,180.00 | LSE | 16:12:18 |
| 448 | 3,180.00 | LSE | 16:12:18 |
| 64 | 3,180.00 | LSE | 16:12:18 |
| 35 | 3,180.00 | LSE | 16:12:18 |
| 146 | 3,180.00 | LSE | 16:12:51 |
| 1437 | 3,180.00 | LSE | 16:12:51 |
| 82 | 3,181.00 | LSE | 16:12:51 |
| 12 | 3,181.00 | LSE | 16:12:51 |
| 300 | 3,181.00 | LSE | 16:12:51 |
| 177 | 3,181.00 | LSE | 16:12:51 |
| 125 | 3,181.00 | LSE | 16:12:51 |
| 20 | 3,180.00 | LSE | 16:13:17 |
| 10 | 3,180.00 | LSE | 16:13:17 |
| 79 | 3,180.00 | LSE | 16:13:17 |
| 44 | 3,180.00 | LSE | 16:13:17 |
| 100 | 3,180.00 | LSE | 16:13:17 |
|---|---|---|---|
| 475 | 3,180.00 | LSE | 16:13:17 |
| 313 | 3,180.00 | LSE | 16:13:17 |
| 569 | 3,181.00 | LSE | 16:15:14 |
| 175 | 3,181.00 | LSE | 16:15:14 |
| 189 | 3,181.00 | LSE | 16:15:14 |
| 49 | 3,180.00 | LSE | 16:16:00 |
| 322 | 3,181.00 | LSE | 16:17:24 |
| 32 | 3,181.00 | LSE | 16:17:24 |
| 527 | 3,181.00 | LSE | 16:17:24 |
| 475 | 3,181.00 | LSE | 16:17:24 |
| 1010 | 3,181.00 | LSE | 16:17:24 |
| 1010 | 3,181.00 | LSE | 16:17:24 |
| 213 | 3,181.00 | LSE | 16:17:24 |
| 225 | 3,181.00 | LSE | 16:17:24 |
| 527 | 3,181.00 | LSE | 16:17:24 |
| 192 | 3,181.00 | LSE | 16:17:24 |
| 163 | 3,180.00 | LSE | 16:19:38 |
| 125 | 3,179.00 | LSE | 16:20:15 |
| 152 | 3,180.00 | LSE | 16:21:21 |
| 105 | 3,180.00 | LSE | 16:21:21 |
| 59 | 3,180.00 | LSE | 16:21:22 |
| 26 | 3,180.00 | LSE | 16:21:22 |
| 30 | 3,180.00 | LSE | 16:22:57 |
| 1 | 3,180.00 | LSE | 16:24:31 |
Exhibit 32
British American Tobacco p.l.c.
28 April 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 16 April 2025 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 April 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 130,037 |
| Highest price paid per share (pence): | 3,170.00 |
| Lowest price paid per share (pence): | 3,138.00 |
| Volume weighted average price paid per share (pence): | 3,152.9325 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,200,299,628 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,013,619 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 April 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 | 25/04/2025 | 71,606 | 3,150.6543 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 25/04/2025 | 12,932 | 3,153.8718 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 25/04/2025 | 45,499 | 3,156.2509 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> <br>purchased | Transaction price<br><br> <br>(per share) | Market | Time of transaction |
|---|---|---|---|
| 928 | 3,169.00 | LSE | 08:01:00 |
| 1225 | 3,163.00 | BATE | 08:01:04 |
| 1356 | 3,154.00 | BATE | 08:08:19 |
| 1060 | 3,150.00 | LSE | 08:09:54 |
| 1061 | 3,145.00 | CHIX | 08:16:07 |
| 468 | 3,150.00 | LSE | 08:22:17 |
| 565 | 3,150.00 | LSE | 08:22:17 |
| 898 | 3,149.00 | BATE | 08:23:34 |
| 555 | 3,149.00 | BATE | 08:23:34 |
| 65 | 3,157.00 | BATE | 08:42:52 |
| 1358 | 3,157.00 | BATE | 08:42:52 |
| 786 | 3,156.00 | LSE | 08:43:30 |
| 234 | 3,156.00 | LSE | 08:43:30 |
| 1445 | 3,161.00 | BATE | 09:01:48 |
| 1240 | 3,161.00 | CHIX | 09:07:43 |
| 895 | 3,159.00 | LSE | 09:15:10 |
| 82 | 3,159.00 | LSE | 09:15:10 |
| 1408 | 3,159.00 | BATE | 09:21:30 |
| 1349 | 3,167.00 | BATE | 09:42:58 |
| 908 | 3,167.00 | LSE | 09:45:30 |
| 137 | 3,167.00 | LSE | 09:45:30 |
| 114 | 3,166.00 | BATE | 10:05:55 |
| 1340 | 3,166.00 | BATE | 10:05:55 |
| 244 | 3,164.00 | CHIX | 10:17:34 |
| 652 | 3,164.00 | LSE | 10:17:34 |
| 341 | 3,164.00 | LSE | 10:17:35 |
| 857 | 3,164.00 | CHIX | 10:17:35 |
| 1300 | 3,163.00 | BATE | 10:20:16 |
| 226 | 3,161.00 | BATE | 10:44:09 |
| 999 | 3,161.00 | BATE | 10:45:43 |
| 884 | 3,161.00 | LSE | 10:57:11 |
| 1178 | 3,163.00 | BATE | 11:00:14 |
| 262 | 3,163.00 | BATE | 11:00:14 |
| 1061 | 3,157.00 | CHIX | 11:13:12 |
| 51 | 3,157.00 | CHIX | 11:13:12 |
| 95 | 3,157.00 | LSE | 11:17:45 |
| 775 | 3,157.00 | LSE | 11:17:45 |
| 1339 | 3,156.00 | BATE | 11:24:44 |
| 1012 | 3,155.00 | LSE | 11:33:12 |
| 1238 | 3,157.00 | BATE | 11:50:16 |
| 1062 | 3,160.00 | LSE | 11:56:32 |
| 182 | 3,167.00 | BATE | 12:05:24 |
| 1178 | 3,167.00 | BATE | 12:05:24 |
| 732 | 3,164.00 | LSE | 12:09:05 |
| 176 | 3,164.00 | LSE | 12:09:05 |
|---|---|---|---|
| 466 | 3,162.00 | CHIX | 12:21:35 |
| 710 | 3,162.00 | CHIX | 12:21:35 |
| 979 | 3,163.00 | LSE | 12:30:53 |
| 1504 | 3,163.00 | BATE | 12:30:53 |
| 677 | 3,162.00 | LSE | 12:40:29 |
| 306 | 3,162.00 | LSE | 12:40:29 |
| 240 | 3,166.00 | LSE | 13:03:01 |
| 122 | 3,166.00 | LSE | 13:03:01 |
| 237 | 3,166.00 | LSE | 13:03:01 |
| 264 | 3,165.00 | BATE | 13:03:11 |
| 612 | 3,165.00 | LSE | 13:03:11 |
| 1068 | 3,165.00 | LSE | 13:03:11 |
| 1217 | 3,170.00 | LSE | 13:07:31 |
| 1460 | 3,170.00 | BATE | 13:07:31 |
| 985 | 3,167.00 | LSE | 13:08:00 |
| 919 | 3,163.00 | LSE | 13:16:35 |
| 437 | 3,160.00 | BATE | 13:23:03 |
| 845 | 3,160.00 | BATE | 13:23:03 |
| 680 | 3,162.00 | CHIX | 13:39:11 |
| 949 | 3,162.00 | LSE | 13:39:11 |
| 844 | 3,162.00 | BATE | 13:39:11 |
| 353 | 3,162.00 | CHIX | 13:39:11 |
| 506 | 3,162.00 | BATE | 13:39:11 |
| 97 | 3,162.00 | LSE | 13:46:00 |
| 817 | 3,162.00 | LSE | 13:46:00 |
| 1003 | 3,162.00 | LSE | 13:50:00 |
| 957 | 3,159.00 | LSE | 13:54:14 |
| 1359 | 3,159.00 | BATE | 13:54:14 |
| 1274 | 3,156.00 | BATE | 14:05:22 |
| 871 | 3,159.00 | LSE | 14:12:24 |
| 2 | 3,159.00 | CHIX | 14:12:24 |
| 1114 | 3,159.00 | CHIX | 14:12:24 |
| 1028 | 3,158.00 | LSE | 14:24:24 |
| 1348 | 3,158.00 | BATE | 14:24:24 |
| 87 | 3,158.00 | BATE | 14:24:24 |
| 959 | 3,157.00 | LSE | 14:29:58 |
| 1421 | 3,157.00 | BATE | 14:29:58 |
| 141 | 3,155.00 | LSE | 14:30:07 |
| 693 | 3,155.00 | LSE | 14:30:07 |
| 232 | 3,155.00 | LSE | 14:30:08 |
| 1 | 3,155.00 | CHIX | 14:31:20 |
| 1052 | 3,155.00 | CHIX | 14:31:20 |
| 1447 | 3,156.00 | BATE | 14:31:20 |
| 876 | 3,156.00 | LSE | 14:32:57 |
| 960 | 3,155.00 | LSE | 14:34:34 |
| 1470 | 3,157.00 | BATE | 14:35:46 |
| 1017 | 3,158.00 | LSE | 14:38:43 |
| 911 | 3,158.00 | LSE | 14:40:48 |
|---|---|---|---|
| 1394 | 3,154.00 | BATE | 14:42:28 |
| 874 | 3,153.00 | LSE | 14:42:38 |
| 933 | 3,146.00 | LSE | 14:46:26 |
| 1242 | 3,146.00 | CHIX | 14:46:26 |
| 13 | 3,143.00 | BATE | 14:48:08 |
| 209 | 3,143.00 | BATE | 14:48:10 |
| 928 | 3,143.00 | BATE | 14:48:10 |
| 223 | 3,143.00 | BATE | 14:48:22 |
| 883 | 3,149.00 | LSE | 14:51:14 |
| 562 | 3,148.00 | LSE | 14:54:59 |
| 461 | 3,148.00 | LSE | 14:54:59 |
| 2 | 3,149.00 | BATE | 14:56:18 |
| 1309 | 3,149.00 | BATE | 14:56:18 |
| 902 | 3,147.00 | LSE | 14:56:52 |
| 1069 | 3,147.00 | LSE | 15:01:46 |
| 821 | 3,147.00 | LSE | 15:03:07 |
| 220 | 3,147.00 | LSE | 15:03:07 |
| 1520 | 3,147.00 | BATE | 15:03:07 |
| 1037 | 3,145.00 | LSE | 15:06:07 |
| 126 | 3,147.00 | CHIX | 15:08:00 |
| 1225 | 3,146.00 | BATE | 15:08:49 |
| 1041 | 3,145.00 | LSE | 15:09:14 |
| 229 | 3,146.00 | CHIX | 15:10:24 |
| 1263 | 3,144.00 | CHIX | 15:15:16 |
| 872 | 3,144.00 | LSE | 15:15:16 |
| 1516 | 3,144.00 | BATE | 15:15:16 |
| 1057 | 3,145.00 | LSE | 15:20:26 |
| 1324 | 3,143.00 | BATE | 15:22:10 |
| 421 | 3,142.00 | LSE | 15:22:33 |
| 189 | 3,142.00 | LSE | 15:22:33 |
| 452 | 3,142.00 | LSE | 15:22:33 |
| 1049 | 3,144.00 | LSE | 15:31:37 |
| 1239 | 3,144.00 | BATE | 15:31:37 |
| 273 | 3,143.00 | LSE | 15:35:24 |
| 623 | 3,143.00 | LSE | 15:35:24 |
| 1316 | 3,142.00 | BATE | 15:37:42 |
| 927 | 3,142.00 | LSE | 15:41:03 |
| 1180 | 3,142.00 | CHIX | 15:41:03 |
| 1204 | 3,144.00 | LSE | 15:46:30 |
| 1067 | 3,143.00 | LSE | 15:47:04 |
| 1037 | 3,143.00 | LSE | 15:48:06 |
| 707 | 3,144.00 | LSE | 15:50:00 |
| 281 | 3,144.00 | LSE | 15:50:00 |
| 33 | 3,143.00 | LSE | 15:52:36 |
| 100 | 3,143.00 | LSE | 15:52:36 |
| 277 | 3,143.00 | LSE | 15:52:36 |
| 189 | 3,143.00 | LSE | 15:52:36 |
| 438 | 3,143.00 | LSE | 15:52:36 |
|---|---|---|---|
| 1072 | 3,143.00 | LSE | 15:52:36 |
| 1044 | 3,142.00 | LSE | 15:55:54 |
| 93 | 3,141.00 | LSE | 15:57:01 |
| 1071 | 3,141.00 | LSE | 15:57:01 |
| 102 | 3,141.00 | LSE | 15:57:02 |
| 371 | 3,141.00 | LSE | 15:57:09 |
| 501 | 3,141.00 | LSE | 15:57:09 |
| 925 | 3,143.00 | LSE | 16:03:07 |
| 894 | 3,143.00 | LSE | 16:03:07 |
| 198 | 3,143.00 | LSE | 16:05:02 |
| 500 | 3,143.00 | LSE | 16:05:02 |
| 191 | 3,143.00 | LSE | 16:05:02 |
| 300 | 3,143.00 | LSE | 16:07:02 |
| 620 | 3,143.00 | LSE | 16:07:02 |
| 918 | 3,143.00 | LSE | 16:07:02 |
| 302 | 3,143.00 | LSE | 16:07:02 |
| 30 | 3,143.00 | LSE | 16:07:02 |
| 1514 | 3,142.00 | LSE | 16:07:37 |
| 75 | 3,143.00 | LSE | 16:10:38 |
| 201 | 3,143.00 | LSE | 16:10:38 |
| 594 | 3,143.00 | LSE | 16:10:38 |
| 179 | 3,143.00 | LSE | 16:10:38 |
| 20 | 3,142.00 | LSE | 16:11:56 |
| 453 | 3,142.00 | LSE | 16:11:56 |
| 864 | 3,142.00 | LSE | 16:11:56 |
| 509 | 3,142.00 | LSE | 16:11:56 |
| 166 | 3,142.00 | LSE | 16:11:56 |
| 147 | 3,141.00 | LSE | 16:13:05 |
| 1379 | 3,141.00 | LSE | 16:13:05 |
| 176 | 3,141.00 | LSE | 16:13:50 |
| 661 | 3,141.00 | LSE | 16:13:50 |
| 938 | 3,140.00 | LSE | 16:14:45 |
| 156 | 3,140.00 | LSE | 16:14:45 |
| 1039 | 3,140.00 | LSE | 16:14:45 |
| 179 | 3,141.00 | LSE | 16:16:24 |
| 59 | 3,141.00 | LSE | 16:16:24 |
| 497 | 3,141.00 | LSE | 16:16:24 |
| 300 | 3,141.00 | LSE | 16:16:24 |
| 712 | 3,141.00 | LSE | 16:16:24 |
| 186 | 3,141.00 | LSE | 16:16:24 |
| 94 | 3,141.00 | LSE | 16:17:08 |
| 36 | 3,141.00 | LSE | 16:17:55 |
| 101 | 3,141.00 | LSE | 16:17:55 |
| 310 | 3,140.00 | LSE | 16:19:33 |
| 128 | 3,138.00 | LSE | 16:19:34 |
| 19 | 3,140.00 | LSE | 16:19:58 |
| 93 | 3,140.00 | LSE | 16:19:58 |
| 23 | 3,139.00 | LSE | 16:23:10 |
|---|---|---|---|
| 2 | 3,139.00 | LSE | 16:23:46 |
Exhibit 33
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 | Seneca Investments Limited |
| 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 | LBS 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 | |
| City and country of registered office (if applicable) | |
| 5. Date on which the threshold was crossed or reached^vi^: | 23/04/2025 |
| 6. Date on which issuer notified (DD/MM/YYYY): | 25/04/2025 |
| 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 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 | 8.500645 | 0.000000 | 8.500645 | 187,072,659 | |
| Position of previous notification<br><br> <br>(if applicable) | 8.899793 | 0.000000 | 8.899793 | ||
| 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 | 185,076,598 | 0 | 8.409943 | 0.000000 | |
| US1104481072 Depository Receipt | 1,996,061 | 0 | 0.090702 | 0.000000 | |
| SUBTOTAL 8. A | 187,072,659 | 8.500645% | |||
| 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 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<br><br> <br>equals or is higher<br><br> <br>than the notifiable threshold | Total of both if<br><br> <br>it equals or is<br><br> <br>higher than the<br><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 | 5.995097 | 0.000000 | 5.995097% |
| 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 | 25 April 2025 |
Name of duly authorised officer of issuer responsible for making notification:
Nancy Jiang
Assistant Secretary
British American Tobacco p.l.c.
28 April 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 34
British American Tobacco p.l.c.
29 April 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 16 April 2025 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 April 2025 |
|---|---|
| Number of ordinary shares of 25 pence each purchased: | 130,042 |
| Highest price paid per share (pence): | 3,166.00 |
| Lowest price paid per share (pence): | 3,140.00 |
| Volume weighted average price paid per share (pence): | 3,152.8257 |
The Company intends to cancel the purchased shares.
Following the purchase and cancellation of these shares, the Company will have 2,200,169,586 ordinary shares in issue (excluding treasury shares) which carry voting rights and will hold 133,013,619 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 April 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 | 28/04/2025 | 67,211 | 3,152.0706 | LSE |
| British American Tobacco p.l.c. | GB0002875804 | 28/04/2025 | 13,201 | 3,153.0342 | CHIX |
| British American Tobacco p.l.c. | GB0002875804 | 28/04/2025 | 49,630 | 3,153.7928 | BATE |
Schedule of purchases - individual transactions
| Number of shares<br><br> purchased | Transaction price<br><br> (per share) | Market | Time of transaction |
|---|---|---|---|
| 1236 | 3,162.00 | BATE | 08:01:05 |
| 804 | 3,158.00 | BATE | 08:07:38 |
| 514 | 3,158.00 | BATE | 08:07:38 |
| 1336 | 3,156.00 | BATE | 08:23:14 |
| 536 | 3,160.00 | BATE | 08:37:50 |
| 836 | 3,160.00 | BATE | 08:37:50 |
| 1284 | 3,164.00 | BATE | 09:00:11 |
| 1307 | 3,166.00 | BATE | 09:14:27 |
| 1035 | 3,163.00 | BATE | 09:43:43 |
| 189 | 3,163.00 | BATE | 09:43:43 |
| 1319 | 3,164.00 | BATE | 09:49:07 |
| 1090 | 3,160.00 | BATE | 10:12:50 |
| 233 | 3,160.00 | BATE | 10:12:50 |
| 1280 | 3,162.00 | BATE | 10:28:36 |
| 953 | 3,162.00 | BATE | 10:44:21 |
| 534 | 3,162.00 | BATE | 10:44:21 |
| 244 | 3,163.00 | BATE | 11:05:15 |
| 246 | 3,163.00 | BATE | 11:06:32 |
| 183 | 3,165.00 | BATE | 11:13:15 |
| 1114 | 3,165.00 | BATE | 11:13:17 |
| 1526 | 3,161.00 | BATE | 11:35:04 |
| 1442 | 3,156.00 | BATE | 12:02:56 |
| 1415 | 3,153.00 | BATE | 12:24:26 |
| 1108 | 3,152.00 | BATE | 12:45:50 |
| 214 | 3,152.00 | BATE | 12:45:50 |
| 947 | 3,151.00 | BATE | 13:08:03 |
| 329 | 3,151.00 | BATE | 13:08:03 |
| 252 | 3,155.00 | BATE | 13:34:01 |
| 6 | 3,155.00 | BATE | 13:34:02 |
| 21 | 3,155.00 | BATE | 13:34:07 |
| 1262 | 3,154.00 | BATE | 13:35:39 |
| 22 | 3,152.00 | BATE | 13:43:19 |
| 124 | 3,152.00 | BATE | 13:43:19 |
| 259 | 3,152.00 | BATE | 13:44:25 |
| 151 | 3,154.00 | BATE | 13:47:43 |
| 26 | 3,154.00 | BATE | 13:47:43 |
| 562 | 3,154.00 | BATE | 13:48:26 |
| 347 | 3,154.00 | BATE | 13:48:26 |
| 445 | 3,154.00 | BATE | 13:50:42 |
| 209 | 3,156.00 | BATE | 14:03:36 |
| 248 | 3,156.00 | BATE | 14:04:41 |
| 699 | 3,156.00 | BATE | 14:05:12 |
| 261 | 3,156.00 | BATE | 14:05:12 |
| 283 | 3,155.00 | BATE | 14:17:06 |
| 1441 | 3,156.00 | BATE | 14:22:44 |
|---|---|---|---|
| 295 | 3,155.00 | BATE | 14:30:03 |
| 245 | 3,155.00 | BATE | 14:30:04 |
| 421 | 3,155.00 | BATE | 14:30:08 |
| 555 | 3,155.00 | BATE | 14:30:08 |
| 1243 | 3,155.00 | BATE | 14:31:51 |
| 1474 | 3,152.00 | BATE | 14:34:53 |
| 255 | 3,146.00 | BATE | 14:41:26 |
| 259 | 3,146.00 | BATE | 14:42:25 |
| 805 | 3,146.00 | BATE | 14:42:47 |
| 548 | 3,142.00 | BATE | 14:46:15 |
| 838 | 3,142.00 | BATE | 14:46:15 |
| 208 | 3,147.00 | BATE | 14:58:45 |
| 208 | 3,147.00 | BATE | 14:58:45 |
| 31 | 3,147.00 | BATE | 14:58:59 |
| 208 | 3,147.00 | BATE | 14:58:59 |
| 27 | 3,147.00 | BATE | 14:58:59 |
| 27 | 3,147.00 | BATE | 14:58:59 |
| 208 | 3,147.00 | BATE | 14:58:59 |
| 208 | 3,147.00 | BATE | 14:58:59 |
| 1341 | 3,146.00 | BATE | 14:59:12 |
| 260 | 3,143.00 | BATE | 15:05:24 |
| 28 | 3,142.00 | BATE | 15:06:00 |
| 1483 | 3,142.00 | BATE | 15:06:00 |
| 1423 | 3,142.00 | BATE | 15:12:30 |
| 1367 | 3,145.00 | BATE | 15:21:15 |
| 1095 | 3,144.00 | BATE | 15:30:38 |
| 161 | 3,144.00 | BATE | 15:30:38 |
| 260 | 3,143.00 | BATE | 15:34:03 |
| 1492 | 3,144.00 | BATE | 15:36:10 |
| 150 | 3,142.00 | BATE | 15:47:18 |
| 1127 | 3,142.00 | BATE | 15:47:21 |
| 312 | 3,145.00 | BATE | 15:52:59 |
| 33 | 3,145.00 | BATE | 15:52:59 |
| 29 | 3,145.00 | BATE | 15:52:59 |
| 33 | 3,145.00 | BATE | 15:52:59 |
| 31 | 3,151.00 | BATE | 15:57:38 |
| 32 | 3,151.00 | BATE | 15:57:38 |
| 260 | 3,151.00 | BATE | 15:57:38 |
| 260 | 3,151.00 | BATE | 15:57:38 |
| 31 | 3,151.00 | BATE | 15:57:49 |
| 36 | 3,151.00 | BATE | 15:57:49 |
| 33 | 3,151.00 | BATE | 15:57:49 |
| 34 | 3,151.00 | BATE | 15:57:49 |
| 29 | 3,151.00 | BATE | 15:57:49 |
| 31 | 3,151.00 | BATE | 15:57:49 |
| 31 | 3,151.00 | BATE | 15:57:49 |
| 33 | 3,151.00 | BATE | 15:57:49 |
| 260 | 3,151.00 | BATE | 15:57:49 |
|---|---|---|---|
| 1176 | 3,153.00 | CHIX | 08:16:29 |
| 1024 | 3,166.00 | CHIX | 09:14:27 |
| 1191 | 3,159.00 | CHIX | 10:08:15 |
| 171 | 3,165.00 | CHIX | 11:13:15 |
| 1065 | 3,165.00 | CHIX | 11:13:17 |
| 1097 | 3,152.00 | CHIX | 12:25:23 |
| 3 | 3,155.00 | CHIX | 13:34:29 |
| 48 | 3,155.00 | CHIX | 13:34:29 |
| 1252 | 3,154.00 | CHIX | 13:35:39 |
| 1069 | 3,156.00 | CHIX | 14:22:44 |
| 97 | 3,156.00 | CHIX | 14:22:44 |
| 1273 | 3,149.00 | CHIX | 14:35:03 |
| 33 | 3,147.00 | CHIX | 14:58:45 |
| 315 | 3,147.00 | CHIX | 14:58:59 |
| 1024 | 3,144.00 | CHIX | 15:01:50 |
| 1265 | 3,145.00 | CHIX | 15:21:15 |
| 50 | 3,142.00 | CHIX | 15:48:53 |
| 1048 | 3,142.00 | CHIX | 15:48:53 |
| 900 | 3,163.00 | LSE | 08:01:03 |
| 1011 | 3,157.00 | LSE | 08:15:02 |
| 238 | 3,160.00 | LSE | 08:42:27 |
| 278 | 3,160.00 | LSE | 08:42:27 |
| 238 | 3,160.00 | LSE | 08:42:27 |
| 238 | 3,160.00 | LSE | 08:42:27 |
| 1000 | 3,166.00 | LSE | 09:14:27 |
| 959 | 3,162.00 | LSE | 10:02:16 |
| 985 | 3,162.00 | LSE | 10:44:21 |
| 940 | 3,165.00 | LSE | 11:13:17 |
| 976 | 3,161.00 | LSE | 11:35:04 |
| 65 | 3,156.00 | LSE | 12:01:08 |
| 922 | 3,156.00 | LSE | 12:01:08 |
| 1007 | 3,152.00 | LSE | 12:25:23 |
| 927 | 3,151.00 | LSE | 13:01:13 |
| 930 | 3,154.00 | LSE | 13:35:39 |
| 878 | 3,154.00 | LSE | 13:48:26 |
| 999 | 3,157.00 | LSE | 13:59:09 |
| 150 | 3,155.00 | LSE | 14:14:33 |
| 1014 | 3,156.00 | LSE | 14:22:44 |
| 831 | 3,155.00 | LSE | 14:26:59 |
| 159 | 3,155.00 | LSE | 14:26:59 |
| 1 | 3,155.00 | LSE | 14:26:59 |
| 936 | 3,155.00 | LSE | 14:30:08 |
| 1051 | 3,154.00 | LSE | 14:32:12 |
| 910 | 3,152.00 | LSE | 14:34:53 |
| 14 | 3,151.00 | LSE | 14:38:07 |
| 954 | 3,151.00 | LSE | 14:38:07 |
| 39 | 3,148.00 | LSE | 14:40:10 |
| 16 | 3,148.00 | LSE | 14:40:10 |
|---|---|---|---|
| 42 | 3,148.00 | LSE | 14:40:10 |
| 1015 | 3,148.00 | LSE | 14:40:54 |
| 1070 | 3,143.00 | LSE | 14:43:34 |
| 911 | 3,140.00 | LSE | 14:46:20 |
| 143 | 3,145.00 | LSE | 14:49:00 |
| 420 | 3,145.00 | LSE | 14:49:00 |
| 100 | 3,145.00 | LSE | 14:49:00 |
| 287 | 3,145.00 | LSE | 14:49:00 |
| 126 | 3,145.00 | LSE | 14:49:00 |
| 1127 | 3,146.00 | LSE | 14:58:45 |
| 109 | 3,146.00 | LSE | 14:59:12 |
| 1049 | 3,146.00 | LSE | 14:59:12 |
| 27 | 3,145.00 | LSE | 14:59:59 |
| 914 | 3,145.00 | LSE | 14:59:59 |
| 990 | 3,145.00 | LSE | 15:01:42 |
| 862 | 3,142.00 | LSE | 15:06:00 |
| 890 | 3,142.00 | LSE | 15:06:29 |
| 302 | 3,142.00 | LSE | 15:12:15 |
| 725 | 3,142.00 | LSE | 15:12:15 |
| 974 | 3,142.00 | LSE | 15:12:30 |
| 1002 | 3,143.00 | LSE | 15:16:42 |
| 959 | 3,144.00 | LSE | 15:17:33 |
| 958 | 3,145.00 | LSE | 15:21:15 |
| 904 | 3,143.00 | LSE | 15:25:17 |
| 24 | 3,144.00 | LSE | 15:30:38 |
| 416 | 3,144.00 | LSE | 15:30:38 |
| 996 | 3,143.00 | LSE | 15:31:34 |
| 920 | 3,142.00 | LSE | 15:31:49 |
| 989 | 3,144.00 | LSE | 15:36:10 |
| 944 | 3,142.00 | LSE | 15:39:27 |
| 979 | 3,140.00 | LSE | 15:42:59 |
| 1011 | 3,142.00 | LSE | 15:47:17 |
| 876 | 3,142.00 | LSE | 15:48:53 |
| 284 | 3,142.00 | LSE | 15:51:04 |
| 699 | 3,142.00 | LSE | 15:51:04 |
| 931 | 3,144.00 | LSE | 15:54:04 |
| 208 | 3,158.00 | LSE | 16:02:42 |
| 201 | 3,158.00 | LSE | 16:02:42 |
| 203 | 3,158.00 | LSE | 16:02:42 |
| 42 | 3,158.00 | LSE | 16:02:42 |
| 1506 | 3,157.00 | LSE | 16:03:08 |
| 1723 | 3,158.00 | LSE | 16:04:13 |
| 1121 | 3,157.00 | LSE | 16:04:20 |
| 1064 | 3,156.00 | LSE | 16:04:57 |
| 896 | 3,159.00 | LSE | 16:09:55 |
| 1727 | 3,158.00 | LSE | 16:10:15 |
| 1605 | 3,158.00 | LSE | 16:11:31 |
| 1029 | 3,159.00 | LSE | 16:12:57 |
|---|---|---|---|
| 1773 | 3,159.00 | LSE | 16:12:57 |
| 944 | 3,159.00 | LSE | 16:13:43 |
| 1052 | 3,159.00 | LSE | 16:13:43 |
| 974 | 3,158.00 | LSE | 16:13:47 |
| 911 | 3,157.00 | LSE | 16:14:18 |
| 1058 | 3,156.00 | LSE | 16:16:13 |
| 1001 | 3,156.00 | LSE | 16:16:13 |
| 1258 | 3,155.00 | LSE | 16:16:29 |
| 125 | 3,155.00 | LSE | 16:16:58 |
| 46 | 3,155.00 | LSE | 16:16:58 |
| 410 | 3,155.00 | LSE | 16:16:58 |
| 160 | 3,155.00 | LSE | 16:16:58 |
| 228 | 3,155.00 | LSE | 16:16:58 |
| 233 | 3,155.00 | LSE | 16:16:58 |
| 202 | 3,155.00 | LSE | 16:16:58 |
| 212 | 3,154.00 | LSE | 16:20:12 |
| 213 | 3,153.00 | LSE | 16:20:49 |
| 223 | 3,154.00 | LSE | 16:22:07 |
| 272 | 3,155.00 | LSE | 16:23:21 |
| 48 | 3,154.00 | LSE | 16:25:00 |
| 2 | 3,154.00 | LSE | 16:25:40 |
Exhibit 35
British American Tobacco p.l.c. (the “Company”)
29 April 2025
Share Buyback Programme
Further to the share buyback programme announcement on 18 March 2024 (“the Programme”), the Company announces that it has entered into a non-discretionary agreement with Merrill Lynch International (“Merrill Lynch”) to purchase ordinary shares of the Company (“Shares”) during the period commencing on 1 May 2025 and ending on 30 June 2025.
Merrill Lynch will make its trading decisions in relation to the Company’s Shares independently of, and uninfluenced by, the Company.
The purpose of the Programme is to reduce the share capital of the Company. The Shares repurchased will be cancelled. The maximum number of Shares permitted to be purchased by the Company under the Programme, pursuant to the authority granted by its shareholders at the Company's 2025 AGM, is 220,451,469 Shares (less the number of Shares subsequently purchased by the Company under the Programme since that authority was granted).
Any purchases of Shares by the Company in relation to this announcement will be undertaken within certain pre-set parameters, and in accordance with both the Company’s general authority to repurchase shares granted by its shareholders at the Company's 2025 AGM, the Market Abuse Regulation 596/2014 and the Commission Delegated Regulation (2016/1052), in each case as such legislation forms part of domestic law by virtue of section 3 of the European Union (Withdrawal) Act 2018 (as amended) and Chapter 12 of the Financial Conduct Authority's Listing Rules.
The maximum price which may be paid for a Share is an amount (exclusive of taxes and expenses) equal to the higher of:
| - | 105 per cent of the average market value of a Share as derived from the LSE's Daily Official List for the five business days immediately preceding the day on which the Share is purchased, in accordance with<br> Listing Rule 9.6.1 of the Listing Rules published pursuant to Part 6 of the Financial Services and Markets Act 2000 ("FSMA") (the "Listing Rules"); and |
|---|---|
| - | the higher of (i) the price of the last independent trade and (ii) the highest current independent purchase bid on the trading venue where the purchase is carried out, including when the shares are traded on<br> different trading venues, in accordance with Article 3(2) of the UK Safe Harbour Regulation. |
Enquiries:
Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com