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Director/PDMR Shareholding

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By LSE RNS

RNS Number : 2554A
BP PLC
22 March 2017
 

BP p.l.c.

 

Notification of transactions of persons discharging managerial responsibility or connected persons

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Horace Lamar McKay

2

Reason for the notification

a)

Position/status

Deputy Chief Executive Officer / PDMR

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 instrument

 

Identification code

American Depositary Shares (each representing 6 ordinary shares of $0.25)

 

US0556221044

b)

Nature of the transaction

Restricted share units acquired pursuant to the BP Restricted Share Plan II. The restricted share units are a conditional award, matched on a one-for-one basis and subject to a three year performance period, after which they are expected to vest. The matching element is subject to a further 3 year retention period following vesting.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

 

 $34.43

45,604

Mandatory & Matching

 $34.43

45,604

Voluntary & Matching

d)

Aggregated information

-      Volume

 

-      Price

 

-      Total

 

91,208

 

$34.43

 

$3,140,291.44

e)

Date of the transaction

21 March 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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