BP PLC Director/PDMR Shareholding (2554A)

TIDMBP.

RNS Number : 2554A

BP PLC

22 March 2017

BP p.l.c.

Notification of transactions of persons discharging managerial responsibility or connected persons

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Horace Lamar McKay 
---  --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Deputy Chief Executive Officer / PDMR 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/Amendment                            Initial notification 
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 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                       BP p.l.c. 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       213800LH1BZH3DI6G760 
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 4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; and (iv) each place where transactions have been 
       conducted 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Description of the financial instrument, type of          American Depositary Shares (each representing 6 
      instrument                                                ordinary shares of $0.25) 
      Identification code                                       US0556221044 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Restricted share units acquired pursuant to the BP 
                                                                Restricted Share Plan II. The restricted 
                                                                share units are a conditional award, matched on a 
                                                                one-for-one basis and subject to a three 
                                                                year performance period, after which they are expected 
                                                                to vest. The matching element is subject 
                                                                to a further 3 year retention period following 
                                                                vesting. 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                      Price(s)   Volume(s) 
                                                                  ---------  ----------  ---------------------- 
                                                                   $34.43     45,604       Mandatory & Matching 
                                                                  ---------  ----------  ---------------------- 
                                                                   $34.43     45,604       Voluntary & Matching 
                                                                  ---------  ----------  ---------------------- 
---  --------------------------------------------------------  ------------------------------------------------------- 
 d)        Aggregated information                                91,208 
             *    Volume                                          $34.43 
                                                                  $3,140,291.44 
 
 
             *    Price 
 
 
 
             *    Total 
---  --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   21 March 2017 
---  --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
---  --------------------------------------------------------  ------------------------------------------------------- 
 

This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 22, 2017 13:55 ET (17:55 GMT)