Exhibit 1


British American Tobacco p.l.c.
TR-1: Notification of major holdings

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:
British American Tobacco p.l.c.
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
Non-UK issuer
 
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights
X
An acquisition or disposal of financial instruments
 
An event changing the breakdown of voting rights
 
Other (please specify)iii:
 
3. Details of person subject to the notification obligationiv
Name
Spring Mountain Investments Ltd
City and country of registered office (if applicable)
Camana Bay, George Town, Cayman Islands
4. Full name of shareholder(s) (if different from 3)v
Name
Seneca Investments Limited
City and country of registered office (if applicable)
George Town, Grand Cayman, Cayman Islands
Name
Northfield Investments Limited
City and country of registered office (if applicable)
George Town, Grand Cayman, Cayman Islands
Name
LBS Limited
City and country of registered office (if applicable)
George Town, Grand Cayman, Cayman Islands
Name
Clarendon Hills Ltd.
City and country of registered office (if applicable)
George Town, Grand Cayman, Cayman Islands
Name
 
City and country of registered office (if applicable)
 
5. Date on which the threshold was crossed or reachedvi:
23/04/2025
6. Date on which issuer notified (DD/MM/YYYY):
25/04/2025



7. Total positions of person(s) subject to the notification obligation
 
% of voting rights
attached to shares
(total of 8. A)
% of voting rights
through financial instruments
(total of 8.B 1 + 8.B 2)
Total of both in %
(8.A + 8.B)
Total number of
voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached
8.500645
0.000000
8.500645
187,072,659
Position of previous notification
(if applicable)
8.899793
0.000000
8.899793
 


8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares
ISIN code
(if possible)
Number of voting rightsix
% of voting rights
Direct
(Art 9 of Directive 2004/109/EC)
(DTR5.1)
Indirect
(Art 10 of Directive 2004/109/EC)
(DTR5.2.1)
Direct
(Art 9 of Directive 2004/109/EC)
(DTR5.1)
Indirect
(Art 10 of Directive 2004/109/EC)
(DTR5.2.1)
GB0002875804 Common Stock
185,076,598
0
8.409943
0.000000
US1104481072 Depository Receipt
1,996,061
0
0.090702
0.000000
SUBTOTAL 8. A
187,072,659
8.500645%


B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument
Expiration datex
Exercise/Conversion Periodxi
Number of voting rights that may be acquired if the instrument is exercised/converted.
% of voting rights
N/A
       
   
SUBTOTAL 8. B 1
   


B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument
Expiration datex
Exercise/Conversion Period xi
Physical or cash settlementxii
Number of voting rights
% of voting rights
           
     
SUBTOTAL 8.B.2
   



9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii
 
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)
X

Namexv
Name of controlled undertaking
% of voting rights
if it equals or is
higher than the
notifiable threshold
% of voting rights
through financial
instruments if it
equals or is higher
than the notifiable threshold
Total of both if
it equals or is
higher than the
notifiable threshold
Kenneth Bryan Dart
 
0.000000
0.000000
0.000000%
Kenneth Bryan Dart
Portfolio Services Ltd
0.000000
0.000000
0.000000%
Kenneth Bryan Dart
LBS Limited
0.000000
0.000000
0.000000%
Kenneth Bryan Dart
Northfield Investments Limited
0.000000
0.000000
0.000000%
Kenneth Bryan Dart
Seneca Investments Limited
0.000000
0.000000
0.000000%
Kenneth Bryan Dart
Spring Mountain Investments Ltd
5.995097
0.000000
5.995097%
Kenneth Bryan Dart
Clarendon Hills Ltd
0.000000
0.000000
0.000000%


10. In case of proxy voting, please identify:
Name of the proxy holder
 
The number and % of voting rights held
 
The date until which the voting rights will be held
 


11. Additional informationxvi
N/A



Place of completion
Grand Cayman, Cayman Islands
Date of completion
25 April 2025


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

Nancy Jiang
Assistant Secretary
British American Tobacco p.l.c.

28 April 2025

Enquiries:

British American Tobacco Media Centre
+44 (0)20 7845 2888 (24 hours) │@BATPlc

Investor Relations
Victoria Buxton: +44 (0)20 7845 2012 | IR_team@bat.com