British American Tobacco PLC has disclosed that several of its executives, including Chief Executive Tadeu Marroco, Marketing Director Luciano Comin, and others, have purchased ordinary shares of 25p each in the company through the Partnership Share Scheme. The transactions were conducted on January 3, 2024, at a price of 23.3821 per share on the London Stock Exchange (XLON).

The purchases were made under the HMRC approved Share Incentive Plan, indicating the executives' confidence in the company's performance and their commitment to its long-term success. This move aligns the interests of the executives with those of the shareholders, demonstrating their belief in the company's future prospects.

The notification provides transparency regarding the transactions by persons discharging managerial responsibilities and persons closely associated with them, in line with regulatory requirements. This disclosure ensures that the market and stakeholders are informed about the executives' share purchases, promoting transparency and accountability within the organization.

These transactions reflect the executives' commitment to the company's growth and their confidence in its strategic direction. The purchases also demonstrate their belief in the value and potential of British American Tobacco PLC, reinforcing a positive outlook for the company's future performance.