British American Tobacco PLC has released a notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them. The independent Trustee of the British American Tobacco Group Employee Trust released a number of British American Tobacco p.l.c. 25p ordinary shares granted to Fred Monteiro, the Regional Director, Americas & Europe, under the 2019 Long-Term Incentive Plan ("2019 Award"). The details of the transactions include the exercise of options under the British American Tobacco Long-Term Incentive Plan and the subsequent sale of shares from options exercised under the Long-Term Incentive Plan, including to meet tax liability arising.

The first transaction involved the exercise of options under the British American Tobacco Long-Term Incentive Plan (2019 Award) for 8,140 ordinary shares of 25p each, with nil price. The second transaction was the sale of the 8,140 shares from the options exercised under the Long-Term Incentive Plan (2019 Award), including to meet tax liability arising, at a price of 23.367263, totaling 190,209.52, on the London Stock Exchange (XLON) on 1st March 2024.

Nancy Jiang, an officer of the issuer, was responsible for making the notification.