22nd Feb 2006 14:00
BP PLC22 February 2006 BP p.l.c. was informed yesterday, 21 February 2006, by the Trustee of the BPEmployee Share Ownership Trust of the completion of the following transaction.Following an award by the Company's Remuneration Committee under the BP 2000Long Term Performance Plan (Deferral) Mr I C Conn, a Director of BP p.l.c.,acquired an interest in 18,119 Ordinary Shares (ISIN number GB0007980591) on 13February 2006. The Trustee of the BP Employee Share Ownership Trust purchasedBP Ordinary shares at £6.465 per share on 13 February 2006 to satisfy thisaward. Mr Conn acquired a beneficial interest in the shares shown above whenthe award took effect. Following the award taking effect, the BP Share Ownership Trust sold on behalfof Mr Conn 7,429 Ordinary Shares on 20 February 2006 at £6.465 per share to meetthe Director's tax liability on the award of these shares. This notice is given in fulfillment of the obligation under section 324(5) ofthe Companies Act 1985 and DR3.1.2R. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
BP