Business
Branch Register: Dividend Finalisation Information
British American Tobacco PLC has confirmed the details for its February 2026 quarterly dividend, which is the final installment of an interim dividend declared on 13 February 2025, amounting to 60.06p per ordinary share. For shareholders on the South Africa branch register, the dividend is equivalent to 1,356.46111 SA cents per ordinary share, based on an exchange rate of £1 to R22.5851 as of 11 December 2025. A 20% South African Dividends Tax, equivalent to 271.29222 SA cents per share, will be withheld, resulting in a net dividend of 1,085.16889 SA cents per share for those not qualifying for an exemption. The company had 2,180,902,797 ordinary shares in issue, excluding treasury shares, as of 11 December 2025. Disclaimer*
About this update from British American Tobacco P.l.c.
[{"type":"text","content":"\n\nBritish American Tobacco p.l.c. (the \"Company\")\n \nQuarterly Dividends for the year ended 31 December 2024:\nPayment No. 4 - February 2026 (the \"February 2026 Dividend\")\nSouth Africa Branch Register Finalisation Information\n \nOn 13 February 2025, the Company announced that the Board had declared an interim dividend of 240.24p per ordinary share of 25p, payable in four equal quarterly instalments of 60.06p per ordinary share in May 2025, August 2025, November 2025 and February 2026.\n \nThe February 2026 Dividend will be payable on 4 February 2026 to shareholders registered on either the UK main register or the South Africa branch register on 30 December 2025 (the record date).\n \nIn accordance with the JSE Limited (\"JSE\") Listing Requirements, the finalisation information for the February 2026 Dividend relating to shareholders registered on the South Africa branch register is set out in the paragraphs below.\n \nThe salient dates and other dividend declaration information announced on 13 February 2025 remain unchanged for the February 2026 Dividend. \n \nSouth Africa Branch Register: Dividend Rate\n \nThe 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=22.5851 as at 11 December 2025 (the closing rate on that date as quoted by Bloomberg), results in an equivalent February 2026 Dividend of 1,356.46111 SA cents per ordinary share.\n \nSouth Africa Branch Register: Dividends Tax Information\n \nSouth Africa Dividends Tax (at a rate of 20%), equivalent to 271.29222 SA cents per ordinary share, will be withheld from the gross February 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 1,085.16889 cents per ordinary share. The February 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 February 2026 Dividend is the United Kingdom.\n \nAt the close of business on 11 December 2025 (the latest...