GlaxoSmithKline PLC
09 February 2007
Notification of Transactions of Directors, Persons Discharging Managerial
Responsibility or Connected Persons
I give below details of changes in interests in the Ordinary shares and American
Depositary Shares (ADSs) of GlaxoSmithKline plc in respect of the
under-mentioned Directors, Persons Discharging Managerial Responsibility and
Connected Persons:-
Dr J-P Garnier Exercise of options on 8 February 2007 over 68,411 ADSs
granted on 24 March 1997, which would have lapsed on 23
March 2007, under the SmithKline Beecham Employee Share
Option Plan 1991 at a price of $32.09 per ADS.
The sale of 51,100 ADSs on 8 February 2007 at an average
price of $55.81.
Following this transaction Dr Garnier's total shareholding
in the Company is 556,198 ADSs, which includes 248,448 ADSs
that have been earned but deferred under the share
programmes operated by the Company. At the price at which
the above options were exercised, Dr Garnier's holding is
equivalent to more than 17 times his annual basic salary.
Mr J S Heslop Purchase of 10,000 Ordinary shares on 9 February 2007 at a
price of £14.51 per share.
Following this transaction Mr Heslop's total shareholding in
the Company is 42,204 Ordinary shares. At the price at which
the above shares were purchased, Mr Heslop's holding is
equivalent to more than 1.5 times his annual basic salary.
Mr D Phelan Exercise of options on 8 February 2007 over 54,623 ADSs
granted on 13 November 1997, which would have lapsed on 12
November 2007, under the SmithKline Beecham Employee Share
Option Plan 1991 at a price of $40.54 per ADS and over
95,000 ADSs granted on 3 December 2002 under the
GlaxoSmithKline Employee Share Option Plan at a price of
$37.25 per ADS.
The sale of 149,623 ADSs on 8 February 2007 at an average
price of $55.81.
Mr D Stout Exercise of options on 8 February 2007 over 4,951 ADSs
granted on 24 March 1997, which would have lapsed on 23
March 2007, under the SmithKline Beecham Employee Share
Option Plan 1991 at a price of $32.09 per ADS.
The sale of 3,475 ADSs on 8 February 2007 at an average
price of $55.87.
The Company was advised of these transactions on 8 and 9 February 2007.
This notification is in accordance with Disclosure Rules 3.1.4R(1)(a) and 3.1.4R
(1)(b).
S M Bicknell
Company Secretary
9 February 2007
This information is provided by RNS
The company news service from the London Stock Exchange
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