Director/PDMR Shareholding

RNS Number : 7749Y

BP PLC

10 July 2008

 



BP p.l.c. was informed on 9 July 2008, by Computershare Plan Managers that the following awards had been made:

Mr Rupert Bondy (a person discharging managerial responsibility) received two awards of Restricted Share Units on 9 June 2008 under the BP Restricted Share Plan equivalent to 130,360 ordinary shares (ISIN number GB0007980591) each, a total of 260,720 shares. These awards will vest on 9 June 2009 and 9 June 2010 respectively.

Mr Bondy received a further award of 310,000 performance shares on 9 June 2008 under the BP Medium Term Performance Plan (the Award). These shares pertain to the 2008-2010 performance period. The number of shares set out above is the maximum number which may vest under the Award. The actual number of shares which vest will depend on the extent to which performance conditions have been satisfied over a three-year period ending 31 December 2010.  

Also on 9 June 2008 Mr John Mogford (a person discharging managerial responsibility) received two awards of Restricted Share Units under the BP Restricted Share Plan equivalent to 85,158 ordinary shares each, a total of 170,316 shares.  Both awards will vest on 17 March 2011.  One award of 85,158 Restricted Share Units is subject to performance conditions and represents the maximum number of shares that will vest. The award pertains to the performance period 2008-2010. The actual number of shares that will vest will depend on the extent to which performance conditions have been satisfied over a three year period ending 31 December 2010. 

This notice is given in fulfillment of the obligation under DTR3.1.4R.

 

END

 

 

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