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British American Tobacco urged to move London listing to New York- FT

Published 16/03/2023, 08:32
© Reuters. FILE PHOTO: A woman poses with a cigarette in front of BAT (British American Tobacco) logo in this illustration taken July 26, 2022. REUTERS/Dado Ruvic/Illustration

(Reuters) - British American Tobacco (LON:BATS) is facing pressure from shareholder GQG Partners to move its primary listing to New York, as it "makes no sense" for the cigarette maker to remain on the UK stock market, the Financial Times reported on Thursday.

A spokesperson for the maker of Glo heated tobacco said that it does not comment on engagement with shareholders when contacted by Reuters, while GQG did not respond to a request for comment on the report.

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