TIDMBP.

RNS Number : 3568Y

BP PLC

08 May 2019

BP p.l.c.

Notification of transactions of persons discharging managerial responsibility or person closely associated

The Company announces that, on 3 May 2019, the vesting of shares previously awarded to the following Executive Directors of BP p.l.c. under the BP Executive Directors' Incentive Plan (the "Plan") occurred.

EDIP deferred 2015 award - vesting of additional dividend shares

 
                            Vested amount   Shares sold    Released amount 
                                             for tax and 
                                             expenses 
 Brian Gilvary (ordinary 
  shares)                   5,364           2,528          2,836 
 

This vesting represents additional dividends received on the vested award under the EDIP deferred matching award granted in 2016, which vested on 19 February 2019 and was announced under RNS 6592Q.

EDIP Performance Share Award 2016-2018 - vesting

The Company has determined that 80% of shares awarded under the EDIP performance share award 2016-2018 will vest. The rationale behind this determination is detailed in the Directors' Remuneration Report contained in BP's Annual Report and Form 20-F 2018. The released amount stated below will be retained for a period of three years.

 
                            Vested amount   Shares sold    Released amount 
                                             for tax and 
                                             expenses 
 
 Robert W Dudley (ADSs)     269,974         127,142        142,832 
 Brian Gilvary (ordinary 
  shares)                   776,611         365,739        410,872 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      Robert W Dudley 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Chief Executive 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          American Depositary Shares (each representing 6 
      instrument                                                ordinary shares of $0.25) 
      Identification code                                       US0556221044 
     --------------------------------------------------------  ------------------------------------------------------- 
 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    142,832 
                                                                                       ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)        Aggregated information                                142,832 
             *    Volume                                          Nil consideration. Market value $43.08 
                                                                  Nil. Market value $6,153,202.56 
 
 
             *    Price 
 
 
 
             *    Total 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   3 May 2019 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 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    413,708 
                                                                                       ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)        Aggregated information                                413,708 
             *    Volume                                          Nil consideration. Market value GBP5.527050 
                                                                  Nil. Market value GBP2,286,584.80 
 
 
             *    Price 
 
 
 
             *    Total 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                    3 May 2019 
     --------------------------------------------------------  ------------------------------------------------------- 
 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHCKFDDFBKKCPK

(END) Dow Jones Newswires

May 08, 2019 04:22 ET (08:22 GMT)

Bp (LSE:BP.)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas Bp.
Bp (LSE:BP.)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas Bp.