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BRITISH AMERICAN TOBACCO PLC - TR-1: Notification of major holdings

Release Date: 26/01/2022 16:00
Code(s): BTI     PDF:  
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TR-1: Notification of major holdings

British American Tobacco p.l.c.
Incorporated in England and Wales
(Registration number: 03407696)
Short name: BATS
Share code: BTI
ISIN number: GB0002875804


British American Tobacco p.l.c.
TR-1: Notification of major holdings

  1a. Identity of the issuer or the underlying issuer
  of existing shares to which voting rights are at-                      British American Tobacco p.l.c.
  tachedii:
  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                                                         X

  An event changing the breakdown of voting rights

  Other (please specify)iii:

  3. Details of person subject to the notification obligationiv
  Name                                                       The Capital Group Companies, Inc.
  City and country of registered office (if applicable)      Los Angeles, USA

  4. Full name of shareholder(s) (if different from 3)v

  Name                                                       N/A

  City and country of registered office (if applicable)

  5. Date on which the threshold was crossed or
                                                             24 January 2022
  reachedvi:

  6. Date on which issuer notified (DD/MM/YYYY):             25 January 2022

  7. Total positions of person(s) subject to the notification obligation
                                                  % of voting rights
                          % of voting rights     through financial in-                          Total number of
                                                                           Total of both in %
                          attached to shares          struments                                 voting rights of
                                                                              (8.A + 8.B)
                             (total of 8. A)     (total of 8.B 1 + 8.B                          issuervii
                                                           2)
  Resulting situation
  on the date on
  which threshold              10.89%                     0.17%                 11.06%            2,294,687,571
  was crossed or
  reached
Position of previ-
ous notification (if              10.97%                  0.01%                   10.97%
applicable)

8. Notified details of the resulting situation on the date on which the threshold was crossed or
reachedviii
A: Voting rights attached to shares
Class/type of                 Number of voting rightsix                % of voting rights
shares
ISIN code (if possi-                Direct             Indirect                 Direct                  Indirect
ble)                          (Art 9 of Directive   (Art 10 of Di-        (Art 9 of Directive         (Art 10 of Di-
                                2004/109/EC)            rective             2004/109/EC)                 rective
                                   (DTR5.1)         2004/109/EC)               (DTR5.1)               2004/109/EC)
                                                      (DTR5.2.1)                                       (DTR5.2.1)
Ordinary Shares                                      235,882,597                                         10.28%
(ISIN:GB000287580
4)
Depository Receipts
                                                     14,025,662                                             0.61%
(US1104481072)
SUBTOTAL 8. A                               249,908,259                                     10.89%




B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
                                                                     Number of voting
                              Expira-                                rights that may be ac-
Type of financial                          Exercise/                                                % of voting
                              tion                                   quired if the instru-
instrument                                 Conversion Periodxi                                      rights
                              datex                                  ment 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))
                                 Exercise/       Physical or
Type of finan-    Expiration                                       Number of        % of voting
                      x          Conversion      cash
cial instrument date                                               voting rights rights
                                 Period xi       settlementxii
Rights to recall lent   N/A                N/A             Physical settlement   3,876,600 De-      0.17%
shares of Deposi-                                                                pository Receipt
tory Receipt                                                                     shares or
                                                                                 3,876,600 votes
                                                                                 on a converted
                                                                                 basis
Rights to recall lent   N/A                N/A             Physical settlement   96,271             0.004%
shares of Common
Stock
                                                           SUBTOTAL                 3,972,871                0.17%
                                                           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 (under-
lying) issuerxiii
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal      X
      xiv
entity (please add additional rows as necessary)
                                                             % of voting rights
                              % of voting rights if it                                     Total of both if it
                                                            through financial in-
                  xv            equals or is higher                                       equals or is higher
           Name                                            struments if it equals
                                than the notifiable                                       than the notifiable
                                                            or is higher than the
                                     threshold                                                threshold
                                                            notifiable threshold
Capital Research and Manage-           10.62%                                                    10.79%
ment Company
Capital International, Inc.

Capital Group Private Client
Services, Inc.
Capital International Sarl

Total                                  10.89%                                                    11.06%




10. In case of proxy voting, please identify:
Name of the proxy holder                                  N/A

The number and % of voting rights held                    N/A

The date until which the voting rights will be held       N/A



11. Additional informationxvi
The Capital Group Companies, Inc. (“CGC”) is the parent company of Capital Research and Man-
agement Company (“CRMC”) and Capital Bank & Trust Company (“CB&T”). CRMC is a U.S.-
based investment management company that serves as investment manager to the American
Funds family of mutual funds, other pooled investment vehicles, as well as individual and institu-
tional clients. CRMC and its investment manager affiliates manage equity assets for various in-
vestment companies through three divisions, Capital Research Global Investors, Capital Interna-
tional Investors and Capital World Investors. CRMC is the parent company of Capital Group Inter-
national, Inc. (“CGII”), which in turn is the parent company of five investment management com-
panies (“CGII management companies”): Capital International, Inc., Capital International Limited,
Capital International Sàrl,Capital International K.K, and Capital Group Private Client Services, Inc.
CGII management companies and CB&T primarily serve as investment managers to institutional
and high net worth clients. CB&T is a U.S.-based investment management company that is a reg-
istered investment adviser and an affiliated federally chartered bank.

Neither CGC nor any of its affiliates own shares of your company for its own account. Rather, the
shares reported on this Notification are owned by accounts under the discretionary investment
management of one or more of the investment management companies described above.
Place of completion       Los Angeles

Date of completion        25 January 2022



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

O Martin
Assistant Secretary
British American Tobacco p.l.c.

26 January 2022

Enquiries:
Investor Relations
Mike Nightingale/Victoria Buxton/William Houston/John Harney
+44 20 7845 1180/2012/1138/1263

Sponsor: UBS South Africa (Pty) Ltd

Date: 26-01-2022 04:00:00
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