Director/PDMR Shareholding

RNS Number : 7954S

BP PLC

21 March 2016

 

BP p.l.c.

Notification of transactions of persons discharging managerial responsibility or connected persons

BP Share Value Plan awards

BP p.l.c. was notified on 18 March 2016 that on 15 March 2016 the following senior executives (persons discharging managerial responsibility) acquired the number of Restricted Share Units equivalent to the number of ordinary shares (ISIN number GB0007980591) shown opposite their names below at a price of £3.72 per ordinary share, under the BP Share Value Plan:

Mr R. Bondy	247,985
Mr M.T. Erginbilgic	239,115
Mr B. Looney	250,000
Mr D. Sanyal	187,300
Mr H. Schuster	124,605

The numbers of Restricted Share Units granted under the BP Share Value Plan represent the number of BP ordinary shares awarded under the plan which may change at vesting following a three year performance period.  In addition, each senior executive will be entitled to additional ordinary shares representing the value of reinvested dividends on those ordinary shares which vest.

Restricted Share Plan II awards

BP p.l.c. was notified on 18 March 2016 that on 15 March 2016 the following senior executives (persons discharging managerial responsibility) were awarded the number of ordinary shares (ISIN number GB0007980591) at £3.4154 per ordinary share in Restricted Share Units shown against his name under the BP Restricted Share Plan II. These awards of Restricted Share Units will vest over three and five year periods. The participant will be entitled to additional ordinary shares representing the value of reinvested dividends on those Restricted Share Units which vest.
Mr B. Looney	Three year vesting Five year vesting	75,000 Restricted Share Units 75,000 Restricted Share Units
Mr H. Schuster	Three year vesting Five year vesting	50,000 Restricted Share Units 50,000 Restricted Share Units

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

 

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