Director/PDMR Shareholding

RNS Number : 5777H

GlaxoSmithKline PLC

23 February 2010

 



Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons

I give below details of a change in the interests of Dr M Slaoui, a Person Discharging Managerial Responsibility, in the American Depositary Shares (ADSs) of GlaxoSmithKline plc (the "Company") following transactions in the shares of a connected person, as follows:-

On 22 February 2010, Dr Slaoui's connected person, who is an employee of the Company, received the following awards:

            Award under                                                                          ADSs

            GlaxoSmithKline 2009 Share Option Plan                              5,940

            GlaxoSmithKline 2009 Share Value Plan                               1,490

            GlaxoSmithKline 2009 Performance Share Plan                    2,620

The award of share options was made with an exercise price of US$37.32 per ADS. The vesting date for all of these awards is 21 February 2013, subject, in the case of the 2009 Performance Share Plan award, to the Remuneration Committee having determined that the performance condition has been satisfied.

The Company and Dr Slaoui's connected person were advised of these transactions on 23 February 2010.

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

S M Bicknell

Company Secretary

23 February 2010

 

END

 

 

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