REG - BP PLC - Director/PDMR Shareholding

BPAnnouncement

28/03/2019 17:10

RNS Number : 3908U
BP PLC
28 March 2019
 


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


Bernard Looney




2


Reason for the notification




a)


Position/status


Chief Executive Upstream / 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


Restricted share units acquired pursuant to the BP Share Value Plan. A proportion of this award is subject to performance conditions over a three year performance period, after which the restricted share units are expected to vest.




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




 Nil


314,015








d)


Aggregated information
-      Volume
 
-      Price
 
-      Total


 
314,015
 
Nil consideration (market value £5.482)
 
 Nil (market value £1,721,430.23)




e)


Date of the transaction


25 March 2019




f)


Place of the transaction


Outside a trading venue



 



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


Restricted share units awarded under the BP Share Value Plan. A proportion of this award is subject to performance conditions over a three year performance period, after which the restricted share units are expected to vest.




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




Nil


312,805








d)


Aggregated information
-      Volume
 
-      Price
 
-      Total


 
312,805
 
Nil consideration (market value £5.482)
 
Nil (market value £1,714,797.01)




e)


Date of the transaction


25 March 2019




f)


Place of the transaction


Outside a trading venue







 



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


Restricted share units acquired pursuant to the BP Restricted Share Plan II. 50% of this award vests after 2 years with the remaining 50% vesting after 4 years.




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




Nil


142,686








d)


Aggregated information
-      Volume
 
-      Price
 
-      Total


 
142,686
 
Nil consideration (market value £5.482)
 
Nil (market value £782,204.65)




e)


Date of the transaction


25 March 2019




f)


Place of the transaction


Outside a trading venue



 
 



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 Share Value Plan.
A proportion of this award is subject to performance conditions over a three year performance period, after which the restricted share units are expected to vest.




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




 Nil
 


69,398








d)


Aggregated information
-      Volume
 
-      Price
 
-      Total


 
69,398
 
Nil consideration (market value $43.53)
 
Nil (market value $3,020,894.94)




e)


Date of the transaction


25 March 2019




f)


Place of the transaction


Outside a trading venue



 
 



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. This award vests after 3 years.




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




Nil


42,467








d)


Aggregated information
-      Volume
 
-      Price
 
-      Total


 
42,467
 
Nil consideration (market value $43.53)
 
Nil (market value $1,848,588.51)




e)


Date of the transaction


25 March 2019




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.




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