19th Feb 2015 18:09
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
Related Shares:
Glaxosmithkline