Director/PDMR Shareholding

RNS Number : 1267C
GlaxoSmithKline PLC
01 March 2011
 



 Notification of Transactions of Directors and Persons Discharging Managerial Responsibility

 

2009 GlaxoSmithKline Performance Share Plan - 2008 Award

Sale of shares to meet tax liability

 

I give below details of changes in the interests of:

 

Directors and Persons Discharging Managerial Responsibility in the Ordinary shares of GlaxoSmithKline plc in respect of the under mentioned persons arising from the sale of Ordinary shares at a price of £11.77 per Ordinary Share on 25 February 2011 to meet their tax liabilities following the vesting of a Performance Share Plan (PSP) award:

 


No. of Ordinary shares sold to meet tax liabilities following the vesting of a PSP award

Mr A Witty*

58,532

Mr J S Heslop*

21,468

Mr S M Bicknell

908

Mr J M Clarke

15,743

Mr M Dunoyer

3,779

Mr E J Gray

10,223

Mr D S Redfern

1,207

Ms C Thomas

908

Mr P Vallance

3,748

            * Denotes an Executive Director

 

Persons Discharging Managerial Responsibility in the American Depositary Shares (ADSs) of GlaxoSmithKline plc in respect of the under mentioned persons arising from the withholding of shares at a price of $38.13 per ADS on 25 February 2011 to meet their tax liabilities following the vesting of a Performance Share Plan award:

 


No. of ADSs withheld to meet tax liabilities following the vesting of a PSP award

Dr M M Slaoui*

10,549

Mr W C Louv

3,258

Mr D Pulman

3,258

            * Denotes an Executive Director

 

The Company, Directors, Persons Discharging Managerial Responsibility were advised of these transactions on 1 March 2011.

 

This notification relates to a transaction notified in accordance with Disclosure and Transparency Rule 3.1.4R(1)(a).

 

V A Whyte

Company Secretary

1 March 2011

 


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