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Director/PDMR Shareholding

19th Feb 2015 18:09

RNS Number : 4135F
GlaxoSmithKline PLC
19 February 2015
 

Notification of Transactions of Directors and Persons Discharging Managerial Responsibility

 

GlaxoSmithKline Share Value Plan

Sale of shares to meet tax liabilities

 

The table below sets out changes in the interests of Persons 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 £15.353625 per Ordinary Share on 18 February 2015. These sales were to meet tax liabilities following the vesting of awards granted in 2012 under the GlaxoSmithKline Share Value Plan (SVP).

 

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

Mr R Connor

8,423

Mrs V Whyte

6,143

 

The table below sets out changes in the interests of a PDMR in the American Depositary Shares (ADS) of GlaxoSmithKline plc arising from the withholding of ADS at a fair market value price of $47.94 per ADS on 18 February 2015 to meet tax liabilities following the vesting of awards granted in 2012 under the SVP.

 

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

Mr N Hirons

1,891

 

 

The Company and PDMRs were advised of these transactions on 19 February 2015.

 

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

 

V A Whyte

Company Secretary

 

 

19 February 2015

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