7th Feb 2014 17:50
BP p.l.c.
Notification of transactions of persons discharging managerial responsibility or connected persons
BP p.l.c. has been notified by the following senior executives whose names are listed below (all persons discharging managerial responsibility in BP p.l.c.) that they are to participate in the BP Annual Cash Bonus Deferral Plan. The company announces that on 6 March 2014, in accordance with the plan, the senior executives will acquire either the number of BP Ordinary Shares (ISIN number GB0007980591) at £4.70 per share or the number of ADSs (ISIN number US0556221044) at $46.04 per ADS shown against their respective names. They will also be granted the number of Restricted Share Units shown against their respective names. The Ordinary Shares, the ADSs and the Restricted Share Units are all subject to a three-year retention period. The Restricted Share Units will vest on 15 January 2017.
Name of PDMR | Date of election | Number of Ordinary Shares | Number of Restricted Share Units |
Mr R Bondy | 06 February 2014 | 28,123 | 53,064 |
Mr B Looney | 07 February 2014 | 24,403 | 46,044 |
Mr H Schuster | 06 February 2014 | 16,153 | 32,306 |
Name of PDMR | Date of election | Number of ADSs | Number of Restricted Share Units |
Mr R Fryar | 06 February 2014 | 3,968 | 6,836 |
Mrs K Landis | 06 February 2014 | 3,727 | 6,421 |
Mr H L McKay | 06 February 2014 | 20,646 | 35,568 |
The plan participants will be entitled to any dividends paid on the Ordinary Shares or ADSs. In addition, they will be entitled to additional Ordinary Shares or ADSs representing the value of reinvested dividends on those Restricted Share Units which vest.
This notice is given in fulfillment of the obligation under DTR3.1.4 (1)(a)R.
Related Shares:
BP