Director/PDMR Shareholding

RNS Number : 7725X

GlaxoSmithKline PLC

20 February 2012

 



Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons

Vesting of conditional share awards under the

GlaxoSmithKline Share Value Plan

This notification sets out the vesting of certain awards of Ordinary Shares and American Depositary Shares (ADSs) in GlaxoSmithKline plc, made in 2009 under the GlaxoSmithKline Share Value Plan (SVP), which is conditional on continued employment with the GlaxoSmithKline group.

The three-year vesting period for the SVP awards made in 2009, which commenced on 17 February 2009, came to an end on 16 February 2012. The awards made to the connected person of a Director and a Person Discharging Managerial Responsibility (PDMR) vested on 17 February 2012 and details are given in the table below.

Name of Director / PDMR	Name of Connected person	No. of ADSs vested	No. of Ordinary shares vested
Mr P Thomson	Mrs K Thomson		588
Dr M Slaoui*	Mrs K Slaoui	640

* Denotes an Executive Director

The Company and the above individuals were advised of these transactions on 20 February 2012.

The closing middle market price of an Ordinary share of GlaxoSmithKline plc on 17 February 2012 was £14.14.

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

V A Whyte

Company Secretary

20 February 2012

 

END

 

 

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