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Director/PDMR Shareholding

19th Feb 2015 18:09

RNS Number : 4136F
GlaxoSmithKline PLC
19 February 2015
 

Notification of Transactions of Directors and Persons Discharging Managerial Responsibility or Connected Persons

 

GlaxoSmithKline Share Value Plan

Sale of shares to meet tax liabilities

 

The table below sets out changes in the interests of a connected person of a Person Discharging Managerial Responsibility (PDMR) in the American Depositary Shares (ADS) of GlaxoSmithKline plc arising from the withholding of ADS at a fair market value price of $47.94 per ADS on 18 February 2015 to meet tax liabilities following the vesting of awards granted in 2012 under the GlaxoSmithKline 2009 Share Value Plan (SVP).

 

Name of PDMR

Name of Connected Person

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

Dr M Slaoui*

Mrs K Slaoui

790

*Denotes an Executive Director

 

The Company and the above individual were advised of this transaction on 19 February 2015.

 

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

 

V A Whyte

Company Secretary

 

19 February 2015

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