GlaxoSmithKline plc
Notification of Transactions of Directors and Persons Discharging Managerial Responsibility
GlaxoSmithKline Share Value Plan
Withholding of shares to meet tax liabilities
The table below sets out changes in the interests of Person Discharging Managerial Responsibility (PDMR) in the American Depositary Shares (ADS) of GlaxoSmithKline plc arising from the withholding of ADSs at a fair market value of $39.14 per ADS on 26 February 2016 to meet tax liabilities following the vesting of the award granted in 2013 under the SVP.
|
Number of ADSs withheld to meet tax liabilities following the vesting of a SVP award |
Mr N Hirons* |
2,611 |
* Mr Hirons was not a PDMR at the time of grant and has subsequently been appointed PDMR.
The Company and PDMR were advised of these transactions on 29 February 2016.
This notification relates to a transaction notified in accordance with Disclosure and Transparency Rule 3.1.4R(1)(a).
V A Whyte
Company Secretary
1 March 2016