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 2015, in accordance with the plan, the senior executives will acquire either the number of BP Ordinary Shares (ISIN number GB0007980591) at £4.45 per share or the number of ADSs (ISIN number US0556221044) at $40.45 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 and are expected to vest in early 2018.
Name of PDMR |
Date of election |
Number of Ordinary Shares |
Number of Restricted Share Units |
Mr R Bondy |
05 February 2015 |
27,687 |
52,241 |
Mr B Looney |
05 February 2015 |
27,055 |
51,049 |
Mr H Schuster |
05 February 2015 |
14,910 |
29,821 |
Mr D Sanyal |
05 February 2015 |
21,065 |
39,747 |
|
|
|
|
Name of PDMR |
Date of election |
Number of ADSs |
Number of Restricted Share Units |
Mr R Fryar |
05 February 2015 |
4,314 |
7,144 |
Mr A Hopwood |
05 February 2015 |
4,336 |
7,470 |
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.
BP p.l.c. was also notified on 6 February 2015 by Mrs K Landis, a person discharging managerial responsibility in BP p.l.c., that on 4 February 2015 she sold 19,000 ADSs (ISIN number US0556221044) at $40.40 per ADS.
This notice is given in fulfillment of the obligation under DTR3.1.4 (1)(a)R.