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Director/PDMR Shareholding

17th Feb 2015 17:43

RNS Number : 1737F
GlaxoSmithKline PLC
17 February 2015
 

Notification of Transactions of Directors and Persons Discharging Managerial Responsibility or Connected Persons

 

GlaxoSmithKline Performance Share Plan

Sale of shares to meet tax liabilities

 

The table below sets out changes in the interests of a connected person of a Person Discharging Managerial Responsibility (PDMR) in the Ordinary Shares of GlaxoSmithKline plc arising from the sales of Ordinary Shares at a fair market value price of £15.4312 per Ordinary Share on 13 February 2015. This sale was to meet tax liabilities following the vesting of awards granted in 2012 under the GlaxoSmithKline 2009 Performance Share Plan (PSP).

 

Name of PDMR

Name of Connected Person

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

Mr P Thomson

Mrs K Thomson

270

 

The Company and the above individual were advised of this transaction on 17 February 2015.

 

This notification relates to a transaction notified in accordance with Disclosure and Transparency Rule 3.1.4R(1)(c).

 

V A Whyte

Company Secretary

 

 

17 February 2015

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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