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 18 April 2013 of the following increases in their interests in American Depositary Shares (ADSs) at a price of $47.488 per ADSfollowing the re-investment of dividends paid to shareholders on 11 April 2013.
|
|
Mrs D P Connelly |
Acquisition of 30.612 ADSs under the personal contribution element of the Plan. |
|
|
|
Acquisition of 31.302 ADSs under the matching element of the Plan (Company contribution). |
|
|
Mr W C Louv |
Acquisition of 32.478 ADSs under the personal contribution element of the Plan.
|
|
Acquisition of 33.192 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 and 2011 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 three year measurement period.
This notification relates to transactions notified in accordance with Disclosure and Transparency Rule 3.1.4R(1)(a).
V A Whyte
Company Secretary
19 April 2013