British American Tobacco PLC has disclosed 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 7th February 2024 at the London Stock Exchange (XLON).

Tadeu Marroco, Luciano Comin, James Barrett, Jerome Abelman, and Paul McCrory each acquired 7, 6, 6, 7, and 7 ordinary shares, respectively, at a price of 23.4125, resulting in aggregated volumes of 163.89, 140.48, and 163.89 for Tadeu Marroco, Luciano Comin, and Jerome Abelman, respectively. These transactions were reported as initial notifications and are in compliance with the regulatory requirements for the disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

This announcement provides insight into the investment activities of the company's key executives, reflecting their confidence in the company's performance and future prospects. The purchases also demonstrate their commitment to the company's long-term success and align their interests with those of the shareholders.