Director/PDMR Shareholding

RNS Number : 2017Z

GlaxoSmithKline PLC

04 March 2013

 



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 awards over Ordinary Shares made in 2010 under the GlaxoSmithKline Share Value Plan (SVP), which were conditional on continued employment with the GlaxoSmithKline group.

The three-year vesting period for the 2010 SVP awards, which commenced on 23 February 2010, has now ended. The vesting of the SVP awards on 1 March 2013 made to individuals who have subsequently been appointed Persons Discharging Managerial Responsibility (PDMR), are given in the table below.

Name of PDMR	Number of Ordinary Shares vested
Mr R Connor	1,730
Mr P Thomson	1,730
Mr C Weber	4,590
Mrs V Whyte	1,730

The Company and PDMRs were advised of these transactions on 1 March 2013.

The fair market value of an Ordinary Share of GlaxoSmithKline plc at the point of vesting on 1 March 2013 was £14.55.

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

V A Whyte

Company Secretary

4 March 2013

 

END

 

 

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