Director/PDMR Shareholding

RNS Number : 3812N

BP PLC

16 February 2009

 



BP p.l.c. was informed on 13 February 2009, by the Trustee of the BP Employee Share Ownership Trust, of the completion of the following transactions.  

The Company's Remuneration Committee determined the vesting of shares of the company previously awarded under the Executive Directors' Incentive Plan (EDIP) for the performance period 2006-2008.  The following Directors of BP p.l.c. acquired the numbers of the Company's Ordinary shares (ISIN number GB0007980591) or ADSs (ISIN number US0556221044) shown opposite their names below on 6 February 2009 at £5.08 per share or US$45.13 per ADS.  On 6 February 2009 the Trustee of the BP Employee Share Ownership Trust purchased such shares or ADSs to satisfy the vesting of these share awards and also sold an appropriate number of these shares to meet the tax applicable on vesting.    

Director	Total Shares/ADSs* Vested	Shares/ADSs* Retained After Tax
Dr A B Hayward	66,136 Ordinary Shares	39,020 Ordinary Shares
Mr I Conn	66,136 Ordinary Shares	39,020 Ordinary Shares
Dr B E Grote	13,372 ADS's	7,889 ADS's

* 1 ADS is equivalent to 6 Ordinary Shares

BP p.l.c. was also notified of the vesting of shares under the Medium Term Performance Plan for the performance period 2006-2008.  The following Director of BP p.l.c. and other senior executives (persons discharging managerial responsibilities) acquired the numbers of the Company's shares shown opposite their names below on 6 February 2009 at £5.08 per share. The BP Employee Share Ownership trust purchased shares on 6 February 2009 to satisfy the vesting of these share awards net of tax.

Director	Total Shares Vested	Shares Retained After Tax
Mr A G Inglis	54,994	32,446
Person discharging managerial responsibility	Total Shares Vested	Shares Retained After Tax
Mrs V Cox	31,274	18,451
Mr J Mogford	34,609	20,419
Mr S Westwell	30,388	18,232

This notice is given in fulfillment of the obligation under section 324(5) of the Companies Act 1985 and DR3.1.2R.

 

END

 

 

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