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

BPAnnouncement

20/02/2018 16:00

RNS Number : 4373F
BP PLC
20 February 2018
BP p.l.c.
Notification of transactions of persons discharging managerial responsibility or person closely associated
The Company announces that on 20 February 2018, the vesting of shares previously awarded were made to the following Executive Directors of BP p.l.c. under the BP Executive Directors' Incentive Plan (the "Plan"), under the deferred element.
The Deferred Vesting 2014 award:

Vested amount
Shares sold for tax and expenses

Released amount
Dr B Gilvary
ordinary shares
219,004
103,138

115,866
This is the vesting and release of the deferred shares awarded in 2015 in respect of the 2014 bonus and includes dividends accrued on the award. These share awards were subject to a review of safety and environmental performance over the three year period from 2015 to 2017.
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 instrument
Identification code
Ordinary shares of $0.25
GB0007980591
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
115,866
d)
Aggregated information
- Volume
- Price
- Total
115,866
Nil consideration. Market value 4.7405
Market value 549,262.77
e)
Date of the transaction
20 February 2018
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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