The Capital Group Companies, Inc. has notified British American Tobacco PLC of a major holding change. The notification, dated 8th July 2024, indicates that The Capital Group Companies, Inc. now holds 12.969688% of voting rights attached to shares and 0.011113% of voting rights through financial instruments, resulting in a total of 12.980801% of voting rights. This change affects a total of 288,217,425 voting rights of the issuer.

The breakdown of the resulting situation on the date the threshold was crossed or reached shows that The Capital Group Companies, Inc. holds 244,433,675 voting rights (11.008859%) through common stock (ISIN code: GB0002875804) and 43,536,995 voting rights (1.960829%) through depository receipts (ISIN code: US1104481072).

The notification also includes details of financial instruments held by The Capital Group Companies, Inc. with similar economic effects, such as rights to recall lent shares of depository receipts, which account for 246,755 voting rights (0.011113%).

The Capital Group Companies, Inc. is the parent company of Capital Research and Management Company, which manages equity assets for various investment companies. Additionally, it is the parent company of Capital Group International, Inc., which oversees six investment management companies. These companies primarily serve as investment managers for various clients.

This notification provides insight into the significant change in voting rights held by The Capital Group Companies, Inc. in British American Tobacco PLC, shedding light on the company's ownership and influence within the organization.