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DIRECTOR DEALINGS: Glaxo Executives Sell Shares, ADS For Tax Purposes

26th Feb 2014 17:32

LONDON (Alliance News) - GlaxoSmithKline PLC Wednesday said a group of executives sold shares for tax purposes in the health company at a price of GBP16.73 per share Monday.

Details are as follows.

 

Number of Ordinary Shares sold to meet tax liabilities following the vesting of a SVP award

Mr R Connor

3,869

Mr P Thomson

4,724

Mrs V Whyte

4,724

 

Name of PDMR

Name of Connected Person

Number of Ordinary Shares sold to meet tax liabilities following the vesting of a SVP award

Mr P Thomson

Mrs K Thomson

1,039


The company also said, James Ford, a divisional vice president sold American Deposiraty Shares for tax purposes at USD55.69 each, detailed below.

 

Number of ADSs withheld to meet tax liabilities following the vesting of a SVP award

Mr J Ford

2,276

Name of PDMR

Name of Connected Person

Number of ADSs withheld to meet tax liabilities following the vesting of a SVP award

Dr M Slaoui

Mrs K Slaoui

876

 
Glaxo shares closed at 1,684.49 pence up 0.6% Wednesday.


By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright © 2014 Alliance News Limited. All Rights Reserved.


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