Director/PDMR Shareholding

RNS Number : 4136F

GlaxoSmithKline PLC

19 February 2015

 

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

GlaxoSmithKline Share Value 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 American Depositary Shares (ADS) of GlaxoSmithKline plc arising from the withholding of ADS at a fair market value price of $47.94 per ADS on 18 February 2015 to meet tax liabilities following the vesting of awards granted in 2012 under the GlaxoSmithKline 2009 Share Value Plan (SVP).

Name of PDMR	Name of Connected Person	Number of ADSs withheld to meet tax liabilities following the vesting of a SVP award
Dr M Slaoui*	Mrs K Slaoui	790

*Denotes an Executive Director

The Company and the above individual were advised of this transaction on 19 February 2015.      

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

V A Whyte

Company Secretary

19 February 2015

 

END

 

 

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