Director/PDMR Shareholding

RNS Number : 2686A

GlaxoSmithKline PLC

17 February 2014

 



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

GlaxoSmithKline Performance Share Plan

Sale of shares to meet tax liabilities

The table below sets out changes in the interests of a connected person of a Person Discharging Managerial Responsibility (PDMR) in the Ordinary Shares of GlaxoSmithKline plc arising from the sales of Ordinary Shares at a fair market value price of £16.44 per Ordinary Share on 13 February 2014.  This sale was to meet tax liabilities following the vesting of awards granted in 2011 under the GlaxoSmithKline 2009 Performance Share Plan (PSP).

Name of PDMR	Name of Connected Person	Number of Ordinary Shares sold to meet tax liabilities following the vesting of a PSP award
Mr P Thomson	Mrs K Thomson	668

The Company and the above individual were advised of this transaction on 17 February 2014.      

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

Sonja Arsenić

Corporate Secretariat

17 February 2014

 

END

 

 

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