Director/PDMR Shareholding

RNS Number : 7637X

BP PLC

28 November 2017

 

BP p.l.c.

Notification of transactions of persons discharging managerial responsibility or persons closely associated

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mehmet Tufan Erginbilgic
2	Reason for the notification
a)	Position/status	Chief Executive Downstream / PDMR
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BP p.l.c.
b)	LEI	213800LH1BZH3DI6G760
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of $0.25 GB0007980591
b)	Nature of the transaction	Shares disposed of by way of sale
c)	Price(s) and volume(s)	Price(s) Volume(s)  £4.988969 671,213
d)	Aggregated information -      Volume -      Price -      Total	671,213 £4.988969 £3,348,660.85
e)	Date of the transaction	24 November 2017
f)	Place of the transaction	London Stock Exchange XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mehmet Tufan Erginbilgic
2	Reason for the notification
a)	Position/status	Chief Executive Downstream / PDMR
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BP p.l.c.
b)	LEI	213800LH1BZH3DI6G760
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Options relating to ordinary shares of $0.25 GB0007980591
b)	Nature of the transaction	Option exercised for cash settlement under the BP Plan 2011. Option granted at £3.7165 per share and exercised at £4.991 per share, resulting in a cash settlement of £350,387.50, following adjustments for tax and expenses where applicable.
c)	Price(s) and volume(s)	Price(s) Volume(s)  £4.991 500,000
d)	Aggregated information -      Volume -      Price -      Total	500,000 £4.991 £2,495,500
e)	Date of the transaction	24 November 2017
f)	Place of the transaction	Outside a trading venue

This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.

 

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