Director/PDMR Shareholding

RNS Number : 2472P
GlaxoSmithKline PLC
16 February 2016
 

GlaxoSmithKline plc

 

Notification of Transactions of Directors, 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 Person Discharging Managerial Responsibilities' ('PDMR') Connected Person in the Ordinary Shares of GlaxoSmithKline plc arising from the sale of Ordinary Shares at a fair market value price of £14.06 per Ordinary Share on 12 February 2016 to meet tax liabilities following the vesting of awards granted in 2012 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

 

633

 

 

The table below sets out changes in the interests of a Director's Connected Person in the American Depositary Shares ('ADS') of GlaxoSmithKline plc arising from the withholding of ADS at a fair market value price of $39.15 per ADS on 12 February 2016 to meet tax liabilities following the vesting of an award granted in 2012 under PSP.

 

Name of Director

Name of Connected Person

Number of ADSs withheld to meet tax liabilities following the vesting of a PSP award

 

Dr M Slaoui

 

 

Dr K Slaoui

 

386

 

The Company and the above individual were advised of this transaction on 16 February 2016.      

 

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

 

V A Whyte

Company Secretary

 

 

16 February 2016


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