GlaxoSmithKline plc
Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons
I give below details of changes in interests in the Ordinary shares of GlaxoSmithKline plc in respect of the under-mentioned Executive Director on 14 May 2015:
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GSK Deferred Annual Bonus Plan
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Sir Andrew Witty
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Exercise of a nil priced option over 57,932 shares and 7,821 shares granted on 9 March 2012, both of which vested on 9 March 2015 under the GlaxoSmithKline Deferred Annual Bonus Plan. GlaxoSmithKline delivered the net of tax value in shares being 34,849.
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The fair market value of an Ordinary Share at the point of exercise on 14 May 2015 was £14.14.
The Company and the above-mentioned Executive Director were advised of this transaction on 15 May 2015.
This notification relates to a transaction notified in accordance with paragraph 3.1.4R(1)(a) of the Disclosure and Transparency Rules.
V A Whyte
Company Secretary
15 May 2015