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Director/PDMR Shareholding

22nd Dec 2005 17:09

GlaxoSmithKline PLC22 December 2005 Director's Interests I give below details of changes in interests in the American Depositary Shares(ADSs) of GlaxoSmithKline plc in respect of the under-mentioned Director:- Dr L Shapiro Exercise of Stock Appreciation Rights (SARs) on 21 December 2005 over 615 ADSs granted on 13 November 1997 at a grant price of $40.5360. The SARs entitle holders to a cash sum at a future date based on share price growth between the date of grant and the date of exercise. The cash sum resulting from this exercise was $6,380.01, calculated based on a fair market value per ADS at the time of exercise of $50.91. The Company was advised of this transaction on 21 December 2005. S M BicknellCompany Secretary 22 December 2005 This information is provided by RNS The company news service from the London Stock Exchange

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Glaxosmithkline
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