Director/PDMR Shareholding

RNS Number : 7091O

BP PLC

10 February 2016

 

BP p.l.c.

Notification of transactions of persons discharging managerial responsibility or connected persons

BP p.l.c. has been notified on 10 February 2016 that the following senior executive whose names is listed below (a person discharging managerial responsibility in BP p.l.c.), elected to participate in the BP Annual Cash Bonus Deferral Plan.  The company announces that on 8 March 2016, in accordance with the plan, Mr Hopwood will acquire the number of ADSs (ISIN number US0556221044) at $29.66 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 and are expected to vest in early 2019.

Name of PDMR	Date of election	Number of ADSs	Number of Restricted Share Units
Mr A Hopwood	9 February 2016	6,996	12,052

Mr Hopwood, as a plan participant 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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