GlaxoSmithKline PLC Director/PDMR Shareholding (4391I)

TIDMGSK

RNS Number : 4391I

GlaxoSmithKline PLC

30 August 2016

GlaxoSmithKline plc (the 'Company')

Transaction notification

 
 1.   Details of PDMR/person closely associated with them 
       ('PCA') 
===  ======================================================================== 
 a)   Name                     Mr N Hirons 
===  ========================  ============================================== 
 b)   Position/status          SVP, Global Ethics & Compliance 
===  ========================  ============================================== 
 c)   Initial notification/    Initial notification 
       amendment 
===  ========================  ============================================== 
 2.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
===  ======================================================================== 
 a)   Name                     GlaxoSmithKline plc 
===  ========================  ============================================== 
 b)   LEI                      5493000HZTVUYLO1D793 
===  ========================  ============================================== 
 3.   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 transaction(s) 
       has been conducted 
===  ======================================================================== 
 a)   Description of           Ordinary shares of 25 pence each 
       the financial            ISIN: GB0009252882 
       instrument 
===  ========================  ============================================== 
 b)   Nature of the            Following the vesting on 26 August 2016 
       transaction              of an award made on 24 September 2014 under 
                                the GlaxoSmithKline Deferred Investment 
                                Award Plan, Mr N Hirons will receive a 
                                cash payment of GBP288,000.11 less applicable 
                                tax withholding in respect of 17,489 notional 
                                ordinary shares. 
===  ========================  ============================================== 
 c)   Price(s) and               Price(s)     Volume(s) 
       volume(s)                 -----------  ------------------------- 
                                  GBP16.4675   17,489 notional ordinary 
                                                shares. 
                                 -----------  ------------------------- 
===  ========================  ============================================== 
 d)   Aggregated information    n/a (single transaction) 
       Aggregated volume 
       Price 
===  ========================  ============================================== 
 e)   Date of the transaction  2016-08-26 
===  ========================  ============================================== 
 f)   Place of the              n/a 
       transaction 
===  ========================  ============================================== 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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August 30, 2016 07:36 ET (11:36 GMT)