British American Tobacco Announces Director/PDMR Shareholding
Why we think this is neutral
This RNS announcement is related to a director/PDMR shareholding change, which is a routine regulatory disclosure and does not contain any significant business updates or financial information. As such, the sentiment is considered neutral.
Key Points
- Non-executive director Holly Keller Koeppel has been credited with additional Deferred Stock Units (DSUs)
- The DSUs are linked to the value of British American Tobacco's American Depositary Shares (ADSs)
- The transaction is in accordance with the Reynolds American Inc. Amended and Restated Deferred Compensation Plan
Summary
The tobacco company has announced a change in shareholding by a non-executive director.
British American Tobacco p.l.c. has announced a change in shareholding by non-executive director Holly Keller Koeppel. The transaction involves the credit of additional Deferred Stock Units (DSUs) linked to the value of the company's American Depositary Shares (ADSs) in accordance with the terms of the Reynolds American Inc. Amended and Restated Deferred Compensation Plan.
DIRECTOR DEALINGS