28th Mar 2019 17:08
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) |
| ||||
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) |
| ||||
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) |
| ||||
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) |
| ||||
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) |
| ||||
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.
Related Shares:
BP