BP p.l.c.
Notification of transactions of persons discharging managerial responsibility or connected persons
BP p.l.c. has been notified by the following senior executive whose name is listed below (a person discharging managerial responsibility in BP p.l.c.) that he is to participate in the BP Annual Cash Bonus Deferral Plan. The company announces that on 6 March 2014, in accordance with the plan, the senior executive will acquire the number of BP ADSs (ISIN number US0556221044) at $46.04 per ADS shown against his name. He will also be granted the number of Restricted Share Units shown against his name. 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 2017.
Name of PDMR |
Date of election |
Number of ADSs |
Number of Restricted Share Units |
Mr A Hopwood |
12 February 2014 |
4,100 |
7,063 |
The plan participants will be entitled to any dividends paid on the ADSs. In addition, they 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.