Director/PDMR Shareholding

RNS Number : 8146H
BP PLC
19 November 2018
 

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

Brian Gilvary

2

Reason for the notification

a)

Position/status

Chief Financial Officer / Director

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

Option over ordinary shares of $0.25

GB0007980591

b)

Nature of the transaction

Exercise of an option pursuant to the BP 2011 Plan at £3.72 per share which the Company elected to cash settle and after tax and costs he received £82,447.50 cash.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£5.274

100,000

d)

Aggregated information

-      Volume

 

-      Price

 

-      Total

 

100,000

 

£5.274

 

£527,400.00 (after tax and costs £82,447.50 cash).

e)

Date of the transaction

16 November 2018

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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