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Director/PDMR Shareholding

17th Feb 2014 16:07

RNS Number : 2679A
GlaxoSmithKline PLC
17 February 2014
 



Notification of Transactions of Directors and Persons Discharging Managerial Responsibility

 

GlaxoSmithKline Performance Share Plan

Sale of shares to meet tax liabilities

 

The table below sets out changes in the interests of Directors and Persons Discharging Managerial Responsibility (PDMR) in the Ordinary Shares of GlaxoSmithKline plc arising from the sale of Ordinary Shares at a fair market value price of £16.44 per Ordinary Share on 13 February 2014 to meet tax liabilities following the vesting of awards granted under the GlaxoSmithKline 2009 Performance Share Plan (PSP).

 

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

Sir Andrew Witty*

92,419

Mr S Dingemans*

42,698

Mr S Bicknell

11,091

Mr A Hussain

27,238

Mr D Redfern

15,527

Ms C Thomas

21,812

Dr P Vallance

31,423

* Denotes an Executive Director

 

The table below sets out changes in the interests of a Director and PDMRs in the American Depositary Shares (ADS) of GlaxoSmithKline plc arising from the withholding of ADSs at a fair market value price of $54.81 per ADS on 13 February 2014 to meet tax liabilities following the vesting of awards granted under the PSP.

 

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

Dr M Slaoui*

30,818

Ms D Connelly

11,321

Mr W Louv

6,860

Mr D Troy

15,625

* Denotes an Executive Director

 

The Company, Directors and PDMRs were advised of these transactions on 17 February 2014.

 

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

 

Sonja Arsenić

Corporate Secretariat

 

17 February 2014

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