Director/PDMR Shareholding

RNS Number : 8389Z
BP PLC
11 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 executive whose name is listed below (a person discharging managerial responsibility in BP p.l.c.) that he is 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 executive will acquire the number of BP Ordinary Shares (ISIN number GB0007980591) at £4.70 per share shown against his name.  He will also be granted the number of Restricted Share Units shown against his name.  The Ordinary Shares 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 D Sanyal

11 February 2014

18,733

35,347

 

The plan participants will be entitled to any dividends paid on the Ordinary Shares.  In addition, they will be entitled to additional Ordinary Shares 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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