EX-1 2 ex-1.htm PRESS RELEASE
Exhibit 1


British American Tobacco p.l.c. (the “Company”)

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
 
On 30 March 2026 the independent Trustee of the British American Tobacco Group Employee Trust released the following number of British American Tobacco p.l.c. 25p ordinary shares (the “Shares”) granted in 2021 to the following Executive Director under the 2016 Long Term Incentive Plan (“LTIP”). Subsequent sales of shares are also set out below.
 
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Tadeu Marroco
2
Reason for the notification
a)
Position/status
Chief Executive
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
British American Tobacco p.l.c.
b)
LEI
213800FKA5MF17RJKT63
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Transaction 1
a)
Description of the financial instrument, type of instrument
 
Identification code
Ordinary shares of 25p each
 
GB0002875804
b)
Nature of the transaction
Shares released from the 2021 LTIP.
c)
Price(s) and volume(s)
        
     
Price(s)
Volume(s)
  
     
£nil
43,936
  
           
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
43,936
 
£nil
e)
Date of the transaction
2026-03-30
f)
Place of the transaction
Outside a trading venue
Transaction 2
a)
Description of the financial instrument, type of instrument
 
Identification code
Ordinary shares of 25p each
 
GB0002875804
b)
Nature of the transaction
Sale of shares to meet tax liability arising on vesting of the 2021 LTIP.
c)
Price(s) and volume(s)
        
     
Price(s)
Volume(s)
  
     
£44.26
20,652
  
           
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
 
20,652
 
£914,057.52
e)
Date of the transaction
2026-03-30
f)
Place of the transaction
Outside a trading venue


Name of officer of issuer responsible for making notification: Nancy Jiang
Date of notification: 1 April 2026