BP PLC Director/PDMR Shareholding (0641N)
August 03 2017 - 8:39AM
UK Regulatory
TIDMBP.
RNS Number : 0641N
BP PLC
03 August 2017
BP p.l.c.
Notification of transactions of persons discharging managerial
responsibility or person closely associated
The Company announces that on 2 August 2017 additional shares
vested under the BP Executive Directors' Incentive Plan (the
"Plan"), in respect of the following Executive Directors of BP
p.l.c..
The Performance Share Award 2014-2016 - vesting
This vesting represents additional dividends received on the
vested award under the EDIP performance share award 2014, which
vested on 19 May 2017, as announced under RNS 9573F. The released
amount stated below will be retained for a period of three
years.
Vested amount Shares sold Released
for tax amount
and expenses
Mr R W Dudley (ADSs) 1,844 869 975
Dr B Gilvary (ordinary
shares) 5,152 2,427 2,725
The Deferred Matching Award 2014 - vesting
This vesting represents additional dividends received on the
vested award under the EDIP deferred matching award 2014, which
vested on 24 February 2017 and 19 May 2017, as announced under RNS
8375X and RNS 9573F, respectively.
Vested amount Shares sold Released
for tax amount
and expenses
Mr R W Dudley (ADSs) 18 10 8
Dr B Gilvary (ordinary
shares) 70 34 36
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 983 ADSs acquired pursuant to the vesting of shares
under the BP Executive Directors' Incentive
Plan, following adjustments for tax and expenses where
applicable.
--- -------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------- ----------
Nil consideration 983
------------------- ----------
--- -------------------------------------------------------- -------------------------------------------------------
d) Aggregated information 983
* Volume Nil consideration. Market value $36.40
Market value $35,781.20
* Price
* Total
--- -------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 2 August 2017
--- -------------------------------------------------------- -------------------------------------------------------
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 2,761 shares acquired pursuant to the vesting of
ordinary shares under the BP Executive Directors'
Incentive Plan, following adjustments for tax and
expenses where applicable.
--- -------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------- ----------
Nil consideration 2,761
------------------- ----------
--- -------------------------------------------------------- -------------------------------------------------------
d) Aggregated information 2,761
* Volume Nil consideration. Market value GBP4.593
Market value GBP12,681.27
* Price
* Total
--- -------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 2 August 2017
--- -------------------------------------------------------- -------------------------------------------------------
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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