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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