Director/PDMR Shareholding

RNS Number : 5459M
BP PLC
11 May 2020
 

BP p.l.c.

Notification of transactions of persons discharging managerial responsibility or connected persons

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Horace Lamar McKay

2

Reason for the notification

a)

Position/status

Chief transition officer / 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

American Depositary Shares (each representing 6 ordinary shares of $0.25)

 

US0556221044

b)

Nature of the transaction

ADSs acquired pursuant to the vesting of Restricted Share Units under the BP Share Value Plan, following adjustments for tax and dividends. These ADSs are restricted for a further three years.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

 Nil

81,303

d)

Aggregated information

-  Volume

-  Price

-  Total

 

81,303

 

Nil consideration (market value $23.87)

 

Nil (market value $1,940,702.61)

e)

Date of the transaction

5 May 2020

f)

Place of the transaction

Outside a trading venue

 

 



 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Horace Lamar McKay

2

Reason for the notification

a)

Position/status

Chief transition officer / 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

American Depositary Shares (each representing 6 ordinary shares of $0.25)

 

US0556221044

b)

Nature of the transaction

Vesting of 34,832.564 restricted share units and 34,832.564 matching restricted share units pursuant to the BP Restricted Share Plan II award made in 2017, after adjustment for tax, dividends and expenses. The matching ADSs are subject to a further three year retention period.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

69,665.128

d)

Aggregated information

 

-  Volume

 

-  Price

 

-  Total

 

 

69,665.128

 

Nil consideration (market value $23.87)

 

Nil (market value $1,662,906.61)

 

e)

Date of the transaction

5 May 2020

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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