11th Jul 2013 14:21
Notification of Transactions of Directors, Persons Discharging
Managerial Responsibility or Connected Persons
The Administrators of the GlaxoSmithKline 2009 Performance Share Plan (the Plan) notified the Company and the under-mentioned persons on 10 July 2013 of an increase in their notional interests in Ordinary Shares and American Depositary Shares (ADSs). In respect of the 2010, 2011 and 2012 Plan awards, this reflects a reconciliation of notional dividends following a change in Plan administration such that the originally intended number of notional dividends will accrue over the course of the relevant vesting periods. The notional dividends were re-invested on 8 July 2013 at an average price of 1360.50 pence per Ordinary Share and $42.908 per ADS in respect of the balance of 2010 Plan awards, at an average price of 1413.90 pence per Ordinary Share and $44.867 per ADS in respect of 2011 Plan awards and at an average price of 1459.00 pence per Ordinary Share and $46.286 per ADS in respect of 2012 Plan awards.
Ordinary Shares | ADSs | |
Sir Andrew Witty | 17,912.464 | |
Dr M M Slaoui | 5,659.031 | |
Mr S Dingemans | 6,669.596 | |
Mr S M Bicknell | 1,926.855 | |
Mr R G Connor | 96.421 | |
Mrs D P Connelly | 2,398.703 | |
Mr S A Hussain | 4,912.356 | |
Mr W C Louv | 1,646.060 | |
Mr D S Redfern | 2,718.988 | |
Ms C Thomas | 3,738.227 | |
Mr P C Thomson | 1,022.197 | |
Mr D E Troy | 3,043.364 | |
Dr P J T Vallance | 5,633.601 | |
Ms E Walmsley | 3,198.620 | |
Mr C Weber | 280.087 | |
Mrs V A Whyte | 431.406 |
The notional dividends accrued will be paid out in proportion to the percentage of the participant's Performance Share Plan holdings that vest following the end of the relevant 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 2013
Related Shares:
Glaxosmithkline