Director/PDMR Shareholding

RNS Number : 6290Z

BP PLC

07 February 2014

 

BP p.l.c.

Notification of transactions of persons discharging managerial responsibility or connected persons

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 are to participate in the BP Annual Cash Bonus Deferral Plan.  The company announces that on 6 March 2014, in accordance with the plan, the senior executives will acquire either the number of BP Ordinary Shares (ISIN number GB0007980591) at £4.70 per share or the number of ADSs (ISIN number US0556221044) at $46.04 per ADS 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 2017.

Name of PDMR	Date of election	Number of Ordinary Shares	Number of Restricted Share Units
Mr R Bondy	06 February 2014	28,123	53,064
Mr B Looney	07 February 2014	24,403	46,044
Mr H Schuster	06 February 2014	16,153	32,306
Name of PDMR	Date of election	Number of ADSs	Number of Restricted Share Units
Mr R Fryar	06 February 2014	3,968	6,836
Mrs K Landis	06 February 2014	3,727	6,421
Mr H L McKay	06 February 2014	20,646	35,568

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.

 

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