British American Tobacco (BAT) has issued a correction to a previous notification regarding transactions by persons discharging managerial responsibilities and persons closely associated with them. The correction relates to the number of Deferred Stock Units (DSUs) credited to Holly Keller Koeppel, a Non-Executive Director. The previous announcement incorrectly reported the number of DSUs, and the correction states that there was an overstatement of 9.75 units. The correction does not affect any other information in the announcement.

The transactions in question involve DSUs that track the value of BAT's American Depositary Shares (ADSs) in accordance with the terms of the Reynolds American Inc. Amended and Restated Deferred Compensation Plan. The nature of the transactions is the credit of additional DSUs by reference to the value of dividends declared on the underlying ADSs. The price of the transactions is listed as $Nil, and the volumes range from 577.48 to 689.57 DSUs.

The dates of the transactions are May 8, 2023, August 23, 2023, and November 8, 2023. All transactions took place outside a trading venue. The issuer of the DSUs is BAT, and the LEI (Legal Entity Identifier) for BAT is 213800FKA5MF17RJKT63.

The notification is a regulatory requirement and is intended to provide transparency regarding transactions by persons discharging managerial responsibilities and persons closely associated with them. The correction was made due to an administrative error in the previous notification. The responsible officer for making the notification is Nancy Jiang.

No further information or details about the transactions or individuals involved are provided in the announcement.