Director/PDMR Shareholding

RNS Number : 2433Q
GlaxoSmithKline PLC
10 October 2013
 



 

 

 

 

Notification of Transactions of Directors, Persons Discharging

Managerial Responsibility or Connected Persons

 

 

The Administrators of the GlaxoSmithKline 2009 Deferred Annual Bonus Plan (the Plan) notified the Company and the under-mentioned persons on 10 October 2013 of the following increases in their interests in American Depositary Shares (ADSs) at a price of $50.083 per ADS following the re-investment of dividends paid to shareholders on 3 October 2013.

 



Mrs D P Connelly

Acquisition of 34.463 ADSs under the personal contribution element of the Plan.




Acquisition of 35.699 ADSs under the matching element of the Plan (Company contribution).



Mr W C Louv

Acquisition of 25.319 ADSs under the personal contribution element of the Plan.

 


Acquisition of 26.159 ADSs under the matching element of the Plan (Company contribution).

 

The afore-mentioned individuals have elected to participate in the Plan in respect of their 2010, 2011 and 2012 bonus on a post-tax basis. The notional dividends accrued under the matching element will be paid out in proportion to the percentage of the participant's deferred annual bonus matching award holdings that will vest following the end of the relevant measurement period.

 

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

 

 

S M Bicknell

Company Secretary

 

10 October 2013

 


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