BAT Issues JSE Pre-listing Statements

British American Tobacco has published on its website its pre-listing statement (in English) and abridged pre-listing statements (in both English and Afrikaans) in connection with the listing of its ordinary shares on JSE Ltd. In August, Compagnie Financière Richemont SA, which then held a 19.4 per cent interest in British American Tobacco plc's ordinary shares, and Remgro Ltd, which held 10.7 per cent, in both cases through R&R Holdings SA, announced details about proposed restructurings that would result in their respective shareholders becoming direct shareholders in BAT. At that time, BAT said it had agreed, if requested, to obtain a secondary listing for its ordinary shares on the Johannesburg Stock Exchange in order to facilitate the restructuring. Enditem