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GlaxoSmithKline PLC Director/PDMR Shareholding

Date : 27/07/2012 @ 12:42
Source : UK Regulatory (RNS & others)
Stock : Glaxosmithkline (GSK)
Quote : 1746.5  4.5 (0.26%) @ 15:56

GlaxoSmithKline PLC Director/PDMR Shareholding

TIDMGSK

RNS Number : 7012I

GlaxoSmithKline PLC

27 July 2012

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons

I give below details of a change in the interests of the under-mentioned Connected Person, in American Depositary Shares (ADSs) of GlaxoSmithKline plc as a result of an award made under the GlaxoSmithKline 2009 Performance Share Plan (Performance Share Plan) on 26 July 2012 as follows:

 
     Director/PDMR       Connected Person           ADSs 
----------------------  ------------------  ------------------- 
     Dr M M Slaoui          Dr K Slaoui            1,692 
----------------------  ------------------  ------------------- 
 
 
 

The GlaxoSmithKline 2009 Performance Share Plan award was based on an ADS price of $44.90 per ADS, (the closing price of an ADS in GlaxoSmithKline plc on 26 July 2012). Vesting of the award is subject to meeting performance criteria over a three year period.

The Company and the above named person were advised of this transaction on 27 July 2012.

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

V A Whyte

Company Secretary

27 July 2012

This information is provided by RNS

The company news service from the London Stock Exchange

END

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