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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