Director/PDMR Shareholding

RNS Number : 8161G

BP PLC

08 February 2010

 



BP p.l.c. was informed on 5 February 2010, 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 2007-2009.  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 3 February 2010 at £5.7645 per share or US$55.17 per ADS.  On 3 February 2010 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	147,985 Ordinary Shares	87,311 Ordinary Shares
Mr I Conn	95,697 Ordinary Shares	56,461 Ordinary Shares
Dr B E Grote	17,168 ADS's	10,129 ADS's
Mr A G Inglis	83,859 Ordinary Shares	49,476 Ordinary Shares

* 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 2007-2009.  Mr S Westwell, a person discharging managerial responsibility acquired 86,792 Ordinary Shares on 3 February 2010 at £5.7645 per share and retained 52,075 Ordinary Shares after tax.  The BP Employee Share Ownership trust purchased shares on 3 February 2010 to satisfy the vesting of this share award net of tax.

This notice is given in fulfillment of the obligation under DTR3.1.4(1)(a)R.

 

END

 

 

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