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DIRECTOR DEALINGS: BP Executives Acquire Dividend Shares

22nd Sep 2014 14:44

LONDON (Alliance News) - Oil and gas major BP PLC Monday said that Chairman Carl-Henric Svanberg acquired 13,149 at price of USD7.886 each, through the BP Scrip Dividend Programme Friday.

The following senior executives and a connected person to Downstream Chief Executive Iain Conn also acquired shares under the same plan.

Ordinary Shares

Mr B. Looney

Senior executive (a person discharging managerial responsibility)

207

Mr D Sanyal

Senior executive (a person discharging managerial responsibility)

395

Mrs C. F. Shorten Conn

Connected person of Mr I. C. Conn, a Director of BP p.l.c.

460


The company also said a group of executives acquired BP Restricted Share Units at a reference share price of US$D47.366 per American Depositary Shares, as a result of participation in the Scrip Dividend Programme. Details are as follows.

Deferred Annual Bonus Plan

Restricted Share Plan

Mr R. Fryar

104.501

n/a

Mr A. Hopwood

121.427

n/a

Mrs K. Landis

79.022

400.886

Mr H. L. McKay

159.238

n/a


1 ADS is equivalent to 6 ordinary shares.

BP shares were trading at 470.20 pence, down 0.7%, Monday.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2014 Alliance News Limited. All Rights Reserved.


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