Director/PDMR Shareholding

RNS Number : 8231X

BP PLC

13 February 2013

 



BP p.l.c.

Notification of transactions of persons discharging managerial responsibility or connected persons

BP p.l.c. has been notified by Mr H L McKay (a person discharging managerial responsibility in BP p.l.c.) that on 12 February 2013 he elected to participate in the BP Annual Cash Bonus Deferral Plan.  The company announces that on 6 March 2013, in accordance with the plan, he will acquire 4,429 ADSs (ISIN number US0556221044) at $43.99 per share shown against his name.  He will also be granted 7,070 Restricted Share Units.  The ADSs and the Restricted Share Units are all subject to a three-year retention period.  The Restricted Share Units will vest on 15 January 2016.

Mr McKay will be entitled to any dividends paid on the ADSs.  In addition, he will be entitled to additional ADSs representing the value of reinvested dividends on those Restricted Share Units which vest.

This notice is given in fulfillment of the obligation under DTR3.1.4 (1)(a)R.

 

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