Notification of Transactions of
Directors and Persons Discharging Managerial Responsibility
Vesting of conditional share awards made under
the GlaxoSmithKline Share Value Plan
This notification sets out the vesting of share awards 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 2009 SVP awards, which commenced on 17 February 2009, came to an end on 16 February 2012. The vesting of the SVP awards on 17 February 2012 made to individuals who have subsequently been appointed Persons Discharging Managerial Responsibility (PDMR), are given in the table below.
Name of PDMR |
Number of shares vested |
Mr P Thomson |
1730 |
Mrs V A Whyte |
1730 |
The Company and PDMRs 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)(a).
V A Whyte
Company Secretary
20 February 2012