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

Illustration shows BAT (British American Tobacco)
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

March 16 (Reuters) - British American Tobacco (BATS.L) 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.

Reporting by Juby Babu in Bengaluru; editing by Eileen Soreng and Rashmi Aich

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