BP PLC Director/PDMR Shareholding (4373F)
20 Febrero 2018 - 09:59AM
UK Regulatory
TIDMBP.
RNS Number : 4373F
BP PLC
20 February 2018
BP p.l.c.
Notification of transactions of persons discharging managerial
responsibility or person closely associated
The Company announces that on 20 February 2018, the vesting of
shares previously awarded were made to the following Executive
Directors of BP p.l.c. under the BP Executive Directors' Incentive
Plan (the "Plan"), under the deferred element.
The Deferred Vesting 2014 award:
Vested amount Shares sold Released amount
for tax and
expenses
Dr B Gilvary
ordinary
shares 219,004 103,138 115,866
This is the vesting and release of the deferred shares awarded
in 2015 in respect of the 2014 bonus and includes dividends accrued
on the award. These share awards were subject to a review of safety
and environmental performance over the three year period from 2015
to 2017.
1 Details of the person discharging managerial responsibilities/person closely associated
--- -----------------------------------------------------------------------------------------------------------------
a) Name Brian Gilvary
--- -------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status Chief Financial Officer / Director
--- -------------------------------------------------------- -------------------------------------------------------
b) Initial notification/Amendment Initial notification
--- -------------------------------------------------------- -------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------------------------------------------------------
a) Name BP p.l.c.
--- -------------------------------------------------------- -------------------------------------------------------
b) LEI 213800LH1BZH3DI6G760
--- -------------------------------------------------------- -------------------------------------------------------
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
--- -----------------------------------------------------------------------------------------------------------------
a) Description of the financial instrument, type of Ordinary shares of $0.25
instrument GB0007980591
Identification code
--- -------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Shares acquired pursuant to the vesting of shares
under the BP Executive Directors' Incentive
Plan, following adjustments for tax, dividends and
expenses.
--- -------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------- ----------
Nil consideration 115,866
------------------- ----------
--- -------------------------------------------------------- -------------------------------------------------------
d) Aggregated information 115,866
* Volume Nil consideration. Market value GBP4.7405
Market value GBP549,262.77
* Price
* Total
--- -------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 20 February 2018
--- -------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction Outside a trading venue
--- -------------------------------------------------------- -------------------------------------------------------
This notice is given in fulfilment of the obligation under
Article 19 of the Market Abuse Regulation.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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