TIDMBATS

RNS Number : 2232A

British American Tobacco PLC

22 May 2023

British American Tobacco p.l.c.

TR-1: N otification of major holdings

 
 1a. Identity of the issuer or the                                   British American Tobacco p.l.c. 
  underlying issuer of existing shares 
  to which voting rights are attached 
  (ii) : 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                        ---- 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights                                                              X 
                                                                                                        ---- 
 An acquisition or disposal of financial instruments 
                                                                                                        ---- 
 An event changing the breakdown of voting rights 
                                                                                                        ---- 
 Other (please specify)(iii) : 
                                                                                                        ---- 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                         Spring Mountain Investments Ltd 
 City and country of registered office                        Camana Bay, George Town, Cayman Islands 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3) (v) 
 Name                                                         Northfield Investments Limited 
                                                             ----------------------------------------------- 
 City and country of registered office                        George Town, Grand Cayman, Cayman 
  (if applicable)                                              Islands 
                                                             ----------------------------------------------- 
 Name                                                         Clarendon Hills Ltd. 
                                                             ----------------------------------------------- 
 City and country of registered office                        George Town, Grand Cayman, Cayman 
  (if applicable)                                              Islands 
                                                             ----------------------------------------------- 
 Name                                                         Seneca Investments Limited 
                                                             ----------------------------------------------- 
 City and country of registered office                        George Town, Grand Cayman, Cayman 
  (if applicable)                                              Islands 
                                                             ----------------------------------------------- 
 Name                                                         LBS Limited 
                                                             ----------------------------------------------- 
 City and country of registered office                        George Town, Grand Cayman, Cayman 
  (if applicable)                                              Islands 
                                                             ----------------------------------------------- 
 Name                                                         Spring Mountain Investments Ltd 
                                                             ----------------------------------------------- 
 City and country of registered office                        George Town, Grand Cayman, Cayman 
  (if applicable)                                              Islands 
                                                             ----------------------------------------------- 
 5. Date on which the threshold was                           16 May 2023 
  crossed or reached (vi) : 
                                                             ----------------------------------------------- 
 6. Date on which issuer notified                             18 May 2023 
  (DD/MM/YYYY): 
                                                             ----------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                              % of voting       % of voting rights      Total of both    Total number 
                            rights attached      through financial       in % (8.A +      of voting rights 
                            to shares (total        instruments              8.B)         of issuer (vii) 
                                of 8. A)           (total of 8.B 
                                                     1 + 8.B 2) 
                          ------------------  ----------------------  ----------------  -------------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                   9.006076%               0.00%              9.006076%          201,404,985 
                          ------------------  ----------------------  ----------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)                  8.150403%               0.00%              8.150403% 
                          ------------------  ----------------------  ----------------  -------------------- 
 
 
 
 8. Notified details of the resulting situation on the date on which 
  the threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of      Number of voting rights                             % of voting rights 
  shares             (ix) 
  ISIN code (if 
  possible) 
                   -------------------------------------------------- 
                           Direct                   Indirect                     Direct                  Indirect 
                     (Art 9 of Directive       (Art 10 of Directive        (Art 9 of Directive     (Art 10 of Directive 
                         2004/109/EC)              2004/109/EC)           2004/109/EC) (DTR5.1)        2004/109/EC) 
                           (DTR5.1)                 (DTR5.2.1)                                          (DTR5.2.1) 
                   ----------------------  --------------------------                             --------------------- 
 GB0002875804 
  Common Stock           196,192,711                    0                      8.773003%                  0.00% 
                   ----------------------  --------------------------  -------------------------  --------------------- 
 US1104481072 
  Depository 
  Receipt                 5,212,274                     0                      0.233073%                  0.00% 
                   ----------------------  --------------------------  -------------------------  --------------------- 
 SUBTOTAL 8. 
  A                                    201,404,985                                         9.006076% 
                   --------------------------------------------------  ------------------------------------------------ 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration   Exercise/                       Number of voting                  % of voting 
  financial          date         Conversion Period               rights that may                   rights 
  instrument         (x)          (xi)                            be acquired if 
                                                                  the instrument 
                                                                  is 
                                                                  exercised/converted. 
                   -----------  ------------------------------  --------------------------------  --------------------- 
 N/A 
                   -----------  ------------------------------  --------------------------------  --------------------- 
                                 SUBTOTAL 8. B 
                                  1 
                                ------------------------------  --------------------------------  --------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of       Expiration        Exercise/             Physical              Number of             % of voting 
  financial     date (x)          Conversion            or cash               voting rights         rights 
  instrument                      Period (xi)           settlement 
                                                        (xii) 
              ----------------  --------------------  --------------------  -------------------- 
 N/A 
                   -----------  --------------------  --------------------  -------------------- 
                                                       SUBTOTAL 
                                                        8.B.2 
                                                      --------------------  -------------------- 
 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer (xiii) 
 Full chain of controlled undertakings through which the voting rights                                    X 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity (xiv) (please add additional 
  rows as necessary) 
   Name (xv)        Name of controlled        % of voting          % of voting             Total of both 
                        undertaking           rights if it        rights through            if it equals 
                                              equals or is     financial instruments        or is higher 
                                              higher than          if it equals          than the notifiable 
                                             the notifiable        or is higher               threshold 
                                               threshold        than the notifiable 
                                                                     threshold 
                 ------------------------  ----------------  -----------------------  ----------------------- 
 Kenneth Bryan 
  Dart                                         0.000000              0.000000                0.000000% 
                                           ----------------  -----------------------  ----------------------- 
 Kenneth Bryan      Portfolio Services 
  Dart                      Ltd                0.000000              0.000000                0.000000% 
                 ------------------------  ----------------  -----------------------  ----------------------- 
 Kenneth Bryan 
  Dart                  LBS Limited            0.000000              0.000000                0.000000% 
                 ------------------------  ----------------  -----------------------  ----------------------- 
 Kenneth Bryan    Northfield Investments 
  Dart                    Limited              0.000000              0.000000                0.000000% 
                 ------------------------  ----------------  -----------------------  ----------------------- 
 Kenneth Bryan      Seneca Investments 
  Dart                    Limited              0.000000              0.000000                0.000000% 
                 ------------------------  ----------------  -----------------------  ----------------------- 
                      Spring Mountain 
 Kenneth Bryan          Investments 
  Dart                      Ltd                7.225627              0.000000                7.225627% 
                 ------------------------  ----------------  -----------------------  ----------------------- 
 Kenneth Bryan        Clarendon Hills 
  Dart                      Ltd                0.000000              0.000000                0.000000% 
                 ------------------------  ----------------  -----------------------  ----------------------- 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder                   N/A 
                                           ------------------------------------------------------------------ 
 The number and % of voting                 N/A 
  rights held 
                                           ------------------------------------------------------------------ 
 The date until which the voting            N/A 
  rights will be held 
                                           ------------------------------------------------------------------ 
 
 11. Additional information (xvi) 
 N/A 
 
 
 
 Place of completion   Grand Cayman, Cayman Islands 
 Date of completion    18 May 2023 
                      ----------------------------- 
 

Name of duly authorised officer of issuer responsible for making notification:

Nancy Jiang

Senior Assistant Company Secretary

British American Tobacco p.l.c.

22 May 2023

Enquiries:

British American Tobacco Media Centre

+44 (0)20 7845 2888 (24 hours) @BATPlc

Investor Relations

Victoria Buxton / Yetunde Ibe / John Harney:

+44 (0)20 7845 2012 / 1095 / 1263

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