REG - British Amer.Tobacco - Branch Register: Dividend Finalisation Information

British American TobaccoAnnouncement

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RNS Number : 8516W  British American Tobacco PLC  17 March 2026

British American Tobacco p.l.c. (the "Company")

 

Quarterly Dividends for the year ended 31 December 2025:

Payment No. 1 - May 2026 (the "May 2026 Dividend")

South Africa Branch Register Finalisation Information

 

On 12 February 2026, the Company announced that the Board had declared an
interim dividend of 245.04p per ordinary share of 25p, payable in four equal
quarterly instalments of 61.26p per ordinary share in May 2026, August 2026,
November 2026 and February 2027.

 

The May 2026 Dividend will be payable on 7 May 2026 to shareholders registered
on either the UK main register or the South Africa branch register on 27 March
2026 (the record date).

 

In accordance with the JSE Limited ("JSE") Listing Requirements, the
finalisation information for the May 2026 Dividend relating to shareholders
registered on the South Africa branch register is set out in the paragraphs
below.

 

The salient dates and other dividend declaration information announced on 12
February 2026 remain unchanged for the May 2026 Dividend.

 

South Africa Branch Register: Dividend Rate

 

The British American Tobacco Group reports in sterling, therefore dividends
are declared and payable in sterling except for shareholders on the branch
register in South Africa whose dividends are payable in rand.  A rate of
exchange of £:R=22.3938 as at 13 March 2026 (the closing rate on that date as
quoted by Bloomberg), results in an equivalent May 2026 Dividend of
1,371.84419 SA cents per ordinary share.

 

South Africa Branch Register: Dividends Tax Information

 

South Africa Dividends Tax (at a rate of 20%), equivalent to 274.36884 SA
cents per ordinary share, will be withheld from the gross May 2026 Dividend
paid to shareholders on the South Africa branch register, unless a shareholder
qualifies for an exemption. After Dividends Tax has been withheld, the net
dividend will be 1,097.47535 cents per ordinary share.  The May 2026 Dividend
is regarded as a 'foreign dividend' for the purposes of the South Africa
Dividends Tax. For the purposes of South Africa Dividends Tax reporting, the
source of income for the payment of the May 2026 Dividend is the United
Kingdom.

 

At the close of business on 13 March 2026 (the latest practicable date prior
to the date of the declaration of the South African rand equivalent of the May
2026 Dividend), the Company had a total of 2,173,873,953 ordinary shares in
issue (excluding treasury shares). The Company held 132,976,327 ordinary
shares in treasury giving a total issued share capital of 2,306,850,280
ordinary shares.

 

British American Tobacco p.l.c. is registered with the South African Revenue
Service (SARS) with tax reference number 9378193172.

 

For the avoidance of doubt, Dividends Tax and the information provided above
is of only direct application to shareholders on the South Africa branch
register. Shareholders on the South Africa branch register should direct any
questions regarding the application of Dividends Tax to Computershare Investor
Services Proprietary Limited, contact details for which are given below:

 

Computershare Investor Services Proprietary Limited

Private Bag, X9000, Saxonwold, 2132

tel: 0861 100 634; +27 11 870 8216

email enquiries: web.queries@computershare.co.za

 

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

 

Christopher Worlock

Assistant Secretary

British American Tobacco p.l.c.

 

17 March 2026

 

Enquiries:

 

Media Centre

press_office@bat.com │@BATplc

 

Investor Relations

Victoria Buxton | IR_team@bat.com

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