REG - BP PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">BP.L</Origin>

BPAnnouncement

28/11/2017 15:30

RNS Number : 7637X
BP PLC
28 November 2017
BP p.l.c. 
Notification of transactions of persons discharging managerial responsibility or persons closely associated
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Mehmet Tufan Erginbilgic
2
Reason for the notification
a)
Position/status
Chief Executive Downstream / 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
Ordinary shares of $0.25
GB0007980591
b)
Nature of the transaction
Shares disposed of by way of sale
c)
Price(s) and volume(s)
Price(s)
Volume(s)
4.988969
671,213
d)
Aggregated information
- Volume
- Price
- Total
671,213
4.988969
3,348,660.85
e)
Date of the transaction
24 November 2017
f)
Place of the transaction
London Stock Exchange XLON
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Mehmet Tufan Erginbilgic
2
Reason for the notification
a)
Position/status
Chief Executive Downstream / 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
Options relating to ordinary shares of $0.25
GB0007980591
b)
Nature of the transaction
Option exercised for cash settlementunder the BP Plan 2011. 
Option granted at 3.7165 per share and exercised at 4.991 per share, resulting in a cash settlement of 350,387.50, following adjustments for tax and expenses where applicable.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
4.991
500,000
d)
Aggregated information
- Volume
- Price
- Total
500,000
4.991
2,495,500
e)
Date of the transaction
24 November 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
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