20th Feb 2008 18:17
GlaxoSmithKline PLC20 February 2008 Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons I give below details of changes in the interests of Dr Slaoui, a PersonDischarging Managerial Responsibility, in the American Depositary Shares (ADSs)of GlaxoSmithKline plc (the "Company") following transactions in the shares of aconnected person, as follows: On 19 February 2008, Dr Slaoui's connected person, who is also an employee ofthe Company, received the following awards: Award under ADSsGlaxoSmithKline Performance Share Plan 1,570GlaxoSmithKline Share Option Plan 3,570GlaxoSmithKline Share Value Plan 890 The award of share options was made at a subscription price of $44.75 per ADS. The vesting of the Performance Share Plan award is subject in part toGlaxoSmithKline's TSR performance, and in part to the growth in the Company'searnings per share over the performance period from 1 January 2008 to 31December 2010 (the "Performance Period"). The vesting of the GlaxoSmithKline Share Value Plan is subject to continuedemployment. The Company and Dr Slaoui's connected person were advised of these transactionson 20 February 2008. This notification relates to a transaction notified in accordance withDisclosure and Transparency Rule 3.1.4R(1)(a). S M BicknellCompany Secretary 20 February 2008 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Glaxosmithkline