British American Tobacco PLC has announced that several of its executives, including Chief Executive Tadeu Marroco, Marketing Director Luciano Comin, Director of Business Development James Barrett, Director of Legal and General Counsel Jerome Abelman, and Director of Corporate and Regulatory Affairs Paul McCrory, have purchased ordinary shares of 25p each in the company. The purchases were made under the Partnership Share Scheme, which is a HMRC approved Share Incentive Plan. The transactions took place on May 1, 2024, at the London Stock Exchange (XLON).

The details of the transactions reveal that the executives purchased the shares at a price of 23.46976, with aggregated volumes and prices varying for each individual. This move indicates the executives' confidence in the company's performance and their commitment to its long-term success. It also aligns their interests with those of the shareholders, demonstrating a strong belief in the company's future prospects.

These transactions by the key management personnel reflect their belief in the company's growth potential and their commitment to its success. Such actions can be seen as a positive signal to the market, indicating confidence in the company's future performance. This news may also influence investor sentiment and serve as a vote of confidence in the company's strategic direction and financial outlook.