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NEUTRAL

British American Tobacco Announces Director/PDMR Shareholding

Why we think this is neutral

This RNS announcement does not contain any of the mandatory news types specified, such as contract news, order news, trading update, or annual results. It simply details the acquisition of shares by directors and other persons discharging managerial responsibilities through the company's share incentive plan. As this is a routine regulatory announcement, the sentiment is considered neutral.

Key Points

  • Acquisition of shares by directors and other senior managers through the company's share incentive plan
  • Shares acquired as a result of the reinvestment of dividend income

Summary

The tobacco company has announced the acquisition of shares by its directors and other senior managers through its employee share plan.

British American Tobacco p.l.c. has announced that the trustee of the British American Tobacco Share Incentive Plan has acquired ordinary shares on behalf of the company's Executive Director and other persons discharging managerial responsibilities as a result of the reinvestment of dividend income. The details of the transactions are provided in the RNS.

DIRECTOR DEALINGS