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GlaxoSmithKline PLC (GSK)

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Tuesday 01 March, 2016

GlaxoSmithKline PLC

Director/PDMR Shareholding

RNS Number : 6674Q
GlaxoSmithKline PLC
01 March 2016
 

GlaxoSmithKline plc

 

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 2013 under the GlaxoSmithKline Share Value Plan (SVP), which were conditional on continued employment with the GlaxoSmithKline group.

 

The restricted period for the 2013 SVP awards has now ended and the awards made to Persons Discharging Managerial Responsibility (PDMR) vested on 28 February 2016. Details are given in the table below.

 

 

Name of PDMR

Number of Ordinary Shares vested

Number of ADS  vested

Mr N Hirons*


5,740

Mrs V Whyte

13,070


* Mr Hirons was not a PDMR at the time of grant and has subsequently been appointed PDMR.

 

The Company and PDMRs were advised of these transactions on 29 February 2016.

 

The closing price of an Ordinary Share and of an ADS of GlaxoSmithKline plc on 26 February 2016, the business day prior to vesting, were £14.105 and US$39.14 respectively.

 

This notification relates to transactions 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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