Picture of BP logo

BP. BP News Story

0.000.00%
gb flag iconLast trade - 00:00
EnergyBalancedLarge CapValue Trap

REG - BP PLC - Director/PDMR Shareholding

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250529:nRSc4828Ka&default-theme=true

RNS Number : 4828K  BP PLC  29 May 2025

BP p.l.c.

Notification of transactions of persons discharging managerial responsibility
or connected persons

EDIP Performance Share award 2022-24 vesting

BP p.l.c. announces that, on 27 May 2025, the vesting of shares awarded to the
following executive director of BP p.l.c. in 2022 under the BP Executive
Directors' Incentive Plan ("EDIP") took place.

 

The remuneration committee of the board of BP p.l.c. determined that 66.5% of
the shares awarded under the EDIP Performance Share award 2022-24 would vest.
This determination is detailed in the Directors' Remuneration Report contained
in BP's Annual Report and Form 20-F 2024. Under the EDIP plan rules, the
number of shares detailed below will be retained for a further period of three
years upon vesting before their release to the beneficiary.

 

                     Vested amount, including accrued dividends  Shares representing tax liabilities and costs  Released amount
 Murray Auchincloss  714,785                                     336,621                                        378,164

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Murray Auchincloss
 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 instrument  Ordinary shares of $0.25

     Identification code                                          GB0007980591
 b)  Nature of the transaction                                    Shares sold to cover tax liabilities and dealing costs pursuant to the vesting
                                                                  of an award made under the BP Executive Directors' Incentive Plan.
 c)  Price(s) and volume(s)

Price(s)    Volume(s)
                                                                  £3.594736   336,621
 d)  Aggregated information

     -      Volume                                                336,621

     -      Price                                                 £3.594736 per share

     -      Total                                                 £1,210,063.63
 e)  Date of the transaction                                      27 May 2025
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-      Volume

 

-      Price

 

-      Total

 

336,621

 

£3.594736 per share

 

£1,210,063.63

e)

Date of the transaction

27 May 2025

f)

Place of the transaction

Outside a trading venue

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Murray Auchincloss
 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 instrument  Ordinary shares of $0.25

     Identification code                                          GB0007980591
 b)  Nature of the transaction                                    Shares acquired pursuant to the vesting of shares under the BP Executive
                                                                  Directors' Incentive Plan, after adjusting for accrued dividends, tax and
                                                                  dealing costs.
 c)  Price(s) and volume(s)

Price(s)           Volume(s)
                                                                  Nil consideration  378,164
 d)  Aggregated information

     -      Volume                                                378,164

     -      Price                                                 Nil consideration. Market value £3.6005 per share

     -      Total                                                 Nil. Market value £1,361,579.48
 e)  Date of the transaction                                      27 May 2025
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-      Volume

 

-      Price

 

-      Total

 

378,164

 

Nil consideration. Market value £3.6005 per share

 

Nil. Market value £1,361,579.48

e)

Date of the transaction

27 May 2025

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHPKFBKABKDDPB

Recent news on BP

See all news