Chief Officer of British American Tobacco Executes Share Ownership Transfer Without Consideration

Corporate chess moves have a way of shaking things up, including when they’re as seemingly subdued as a no-cost share transfer. This is what has recently been executed by Kingsley Wheaton, the Chief Corporate Officer of British American Tobacco. The share ownership transfer took place between Mr. Wheaton’s own accounts, involving a volume of 23,596 ordinary shares, each valued at 25p. In this intriguing internal shuffle, the transaction was executed for nil consideration, making it an unusual spectacle in the world of share trading. All this did not take place at a conventional trading venue, adding another layer of interest to this unique financial move. The notification of this transaction was made officially by the appointed officer of the issuer who was responsible, Nancy Jiang, on April 10, 2025. Such high-level reshuffling between top-tier management surely sets the stage for engaging corporate drama.