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Director/PDMR Shareholding

11th Jul 2011 18:01

RNS Number : 1910K
GlaxoSmithKline PLC
11 July 2011
 



 

 

Notification of Transactions of Directors, Persons Discharging

Managerial Responsibility or Connected Persons

 

 

The Administrators of the GlaxoSmithKline 2009 Deferred Annual Bonus Plan (the "Plan") notified the Company and the under-mentioned person on 11 July 2011 of an increase in his notional interests in Ordinary shares at a price of 1359.50 pence per share following the re-investment of dividends paid to shareholders on 7 July 2011.

 

Mr A P Witty

Acquisition of 375 Ordinary shares under the dividend re-investment element of the Plan (personal contribution).

Acquisition of 375 Ordinary shares under the matching element of the Plan (Company contribution).

 

The notional dividends accrued will be paid out in proportion to the percentage of the participant's deferred annual bonus holdings that will vest following the end of the relevant three year measurement period.

 

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

 

 

V A Whyte

Company Secretary

 

11 July 2011

 

 

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