British American Tobacco: Voting rights threshold crossed

British American Tobacco p.l.c. (JSE:BTI) has received notification on May 2, 2025, that Spring Mountain Investments Ltd's holding in the company has decreased. The change triggers a notification of major holdings under TR-1 regulations. The event was caused by an acquisition or disposal of voting rights. Following the transaction, Spring Mountain Investments holds 7.931114% of the voting rights attached to shares, equivalent to 174,497,951 shares, down from their previous holding of 8.500645%. The notification was made by Nancy Jiang, Assistant Secretary of British American Tobacco p.l.c. The underlying controlling entity is Kenneth Bryan Dart.