28th Nov 2017 15:26
BP p.l.c.
Notification of transactions of persons discharging managerial responsibility or persons closely associated
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Mehmet Tufan Erginbilgic | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Downstream / PDMR | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | BP p.l.c. | ||||
b) | LEI | 213800LH1BZH3DI6G760 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of $0.25 GB0007980591 | ||||
b) | Nature of the transaction | Shares disposed of by way of sale | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Volume
- Price
- Total |
671,213
£4.988969
£3,348,660.85 | ||||
e) | Date of the transaction | 24 November 2017 | ||||
f) | Place of the transaction | London Stock Exchange XLON | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Mehmet Tufan Erginbilgic | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Downstream / PDMR | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | BP p.l.c. | ||||
b) | LEI | 213800LH1BZH3DI6G760 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Options relating to ordinary shares of $0.25 GB0007980591 | ||||
b) | Nature of the transaction | Option exercised for cash settlement under the BP Plan 2011. Option granted at £3.7165 per share and exercised at £4.991 per share, resulting in a cash settlement of £350,387.50, following adjustments for tax and expenses where applicable. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Volume
- Price
- Total |
500,000
£4.991
£2,495,500 | ||||
e) | Date of the transaction | 24 November 2017 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.
Related Shares:
BP