Director/PDMR Shareholding

RNS Number : 4963D

BP PLC

29 April 2013

 



BP p.l.c.

Notification of transactions of persons discharging managerial responsibility or connected persons

The Director shareholding announcement released on 12 February 2013 under RNS 7124X showed an incorrect number of ADSs acquired by Mr R. Fryar, the number of ADSs acquired was 3,236 and not 3,437 as originally stated. The corrected announcement is shown below, all other information remains unchanged.

BP p.l.c. has been notified by the following senior executives whose names are listed below (all persons discharging managerial responsibility in BP p.l.c.) that they have elected to participate in the BP Annual Cash Bonus Deferral Plan.  The company announces that on 6 March 2013, in accordance with the plan, the senior executives will acquire either the number of BP Ordinary Shares (ISIN number GB0007980591) at £4.658 per share or the number of ADSs (ISIN number US0556221044) at $43.99 per share shown against their respective names.  They will also be granted the number of Restricted Share Units shown against their respective names.  The Ordinary Shares, the ADSs and the Restricted Share Units are all subject to a three-year retention period.  The Restricted Share Units will vest on 15 January 2016.

Name of PDMR	Date of election	Number of Ordinary Shares	Number of Restricted Share Units
Mr R Bondy	08 February 2013	22,393	46,653
Dr M Daly	08 February 2013	13,758	28,663
Mr B Looney	08 February 2013	16,454	34,280
Mr D Sanyal	07 February 2013	13,104	27,301
Mr H Schuster	07 February 2013	13,379	26,758
Name of PDMR	Date of election	Number of ADSs	Number of Restricted Share Units
Mr R Fryar	09 February 2013	3,236	5,487

The plan participants will be entitled to any dividends paid on the Ordinary Shares or ADSs.  In addition, they will be entitled to additional Ordinary Shares or ADSs representing the value of reinvested dividends on those Restricted Share Units which vest.

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

 

END

 

 

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