Director/PDMR Shareholding

By

Regulatory News | 14 Feb, 2019

Updated : 17:31

RNS Number : 0773Q
BP PLC
14 February 2019
 

BP p.l.c.

 

Notification of transactions of persons discharging managerial responsibility or connected persons

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Bernard Looney

2

Reason for the notification

a)

Position/status

Chief Executive Upstream / 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

Vesting of 48,270 restricted share units pursuant to the BP Restricted Share Plan II award made in 2016, after adjustment for tax, dividends and expenses.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

48,270

d)

Aggregated information

 

-      Volume

 

-      Price

 

-      Total

 

 

48,270

 

Nil consideration (market value £5.443)

 

Nil (market value £262,733.61)

 

 

e)

Date of the transaction

11 February 2019

f)

Place of the transaction

Outside a trading venue

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Horace Lamar McKay

2

Reason for the notification

a)

Position/status

Deputy Chief Executive Officer / 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

American Depositary Shares (each representing 6 ordinary shares of $0.25)

 

US0556221044

b)

Nature of the transaction

Vesting of 48,807.242 restricted share units and 48,807.242 matching restricted share units pursuant to the BP Restricted Share Plan II award made in 2016, after adjustment for tax, dividends and expenses. The matching ADSs are subject to a further three year retention period.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

97,614.484

d)

Aggregated information

 

-      Volume

 

-      Price

 

-      Total

 

 

97,614.484

 

Nil consideration (market value $43.04)

 

Nil (market value $4,201,327.39)

 

e)

Date of the transaction

11 February 2019

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.


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