GlaxoSmithKline PLC

Director/PDMR Shareholding

RNS Number : 6684Q
GlaxoSmithKline PLC
01 March 2016
 

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


This information is provided by RNS
The company news service from the London Stock Exchange
 
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