BP PLC — Director's Dealing 2006

Feb 17, 2006

News Details

Ad-hoc | 17 February 2006 14:17

BP p.l.c.: Director/PDMR shareholding

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— The Company announces that on 16 February 2006, performance share awards (Awards) were made to the following Executive Directors under the share element of the BP Executive Directors’ Incentive Plan (the Plan). Director Max number of Ordinary Shares in the Company under Award Lord Browne 1,761,249 Dr D C Allen 383,200 Mr I C Conn 383,200 Dr A B Hayward 383,200 Mr J A Manzoni 383,200 Max number of ADSs under Award Dr B E Grote 78,405 These shares pertain to the 2006-2008 performance period. The number of Shares/ADSs set out above is the maximum number which may vest under the Award. The actual number of Shares/ADSs which vest will depend on the extent to which performance conditions have been satisfied over a three-year period ending 31 December 2008. These performance conditions remain as described in the summary of the Plan set out in the Directors’ Remuneration Report which is contained in BP’s Annual Report and Accounts 2004. In addition, each Director will be entitled to additional Shares/ADSs representing the value of reinvested dividends on those Shares/ADSs which vest. (c)DGAP 17.02.2006 ————————————————————————— language: English emitter: BP p.l.c. 1 St James’s Square SW1Y 4PD London Großbritannien phone: +44 (0) 207-496-4000 fax: +44 (0) 207-496-4570 email: ir@bp.com WWW: www.bp.com ISIN: GB0007980591 WKN: 850517 indexes: stockmarkets: Amtlicher Markt in SWX End of News DGAP News-Service —————————————————————————