Director/PDMR Shareholding

RNS Number : 0117X

GlaxoSmithKline PLC

15 February 2017

 

GlaxoSmithKline plc (the 'Company')

Conditional Share Awards and Shares withheld or sold to meet tax liabilities

This notification sets out the details of the vesting of awards and the sale or withholding of shares to meet tax liabilities over Ordinary Shares and American Depositary Shares made in 2014 under the GlaxoSmithKline Share Value Plan (SVP), which were conditional on continued employment with the GlaxoSmithKline group. The restricted period for the 2014 SVP awards has now ended and the awards made to Persons Discharging Managerial Responsibility (PDMRs) and a person closely associated with them (PCA) vested on 13 February 2017.

Transaction notification

1.	Details of PDMR/person closely associated with them ('PCA')
a)	Name	Mr L Debruyne
b)	Position/status	President, Global Vaccines
c)	Initial notification/ amendment	Initial notification
2.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	GlaxoSmithKline plc
b)	LEI	5493000HZTVUYLO1D793
3.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
a)	Description of the financial  instrument	Ordinary shares of 25 pence each ('Ordinary Shares') ISIN: GB0009252882
b)	Nature of the transaction	The vesting and release of Ordinary Shares awarded in 2014 under the Company's 2009 Share Value Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £15.8281 6,652
d)	Aggregated information Aggregated volume Price	n/a (single transaction)
e)	Date of the transaction	2017-02-13
f)	Place of the transaction	n/a

1.	Details of PDMR/person closely associated with them ('PCA')
a)	Name	Mrs V A Whyte
b)	Position/status	Company Secretary
c)	Initial notification/ amendment	Initial notification
2.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	GlaxoSmithKline plc
b)	LEI	5493000HZTVUYLO1D793
3.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
a)	Description of the financial  instrument	Ordinary shares of 25 pence each ('Ordinary Shares') ISIN: GB0009252882
b)	Nature of the transaction	The vesting and release of Ordinary Shares awarded in 2014 under the Company's 2009 Share Value Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £15.8281 10,050
d)	Aggregated information Aggregated volume Price	n/a (single transaction)
e)	Date of the transaction	2017-02-13
f)	Place of the transaction	n/a

1.	Details of PDMR/person closely associated with them ('PCA')
a)	Name	Mrs V A Whyte
b)	Position/status	Company Secretary
c)	Initial notification/ amendment	Initial notification
2.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	GlaxoSmithKline plc
b)	LEI	5493000HZTVUYLO1D793
3.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
a)	Description of the financial  instrument	Ordinary shares of 25 pence each ('Ordinary Shares') ISIN: GB0009252882
b)	Nature of the transaction	The sale of Ordinary Shares to meet tax liabilities further to the vesting and release of the 2014 award  under the Company's 2009 Share Value Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £15.8281 4,725
d)	Aggregated information Aggregated volume Price	n/a (single transaction)
e)	Date of the transaction	2017-02-13
f)	Place of the transaction	n/a

1.	Details of PDMR/person closely associated with them ('PCA')
a)	Name	Dr K Slaoui
b)	Position/status	PCA of Dr M M Slaoui (Chairman, Global Vaccines)
c)	Initial notification/ amendment	Initial notification
2.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	GlaxoSmithKline plc
b)	LEI	5493000HZTVUYLO1D793
3.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted
a)	Description of the financial  instrument	GlaxoSmithKline plc American Depositary Shares ('ADSs') ISIN: US37733W1053
b)	Nature of the transaction	The vesting of ADSs awarded in 2014 under the Company's 2009 Share Value Plan, of which 822 ADSs were withheld to meet tax liabilities.
c)	Price(s) and volume(s)	Price(s) Volume(s) $40.28 2,300
d)	Aggregated information Aggregated volume Price	n/a (single transaction)
e)	Date of the transaction	2017-02-13
f)	Place of the transaction	n/a

 

END

 

 

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