BP PLC — Director's Dealing 2017

Nov 28, 2017

National Storage Mechanism | Additional information

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RNS Number : 7637X

BP PLC

28 November 2017

BP p.l.c.

Notification of transactions of persons discharging managerial responsibility or persons closely associated

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mehmet Tufan Erginbilgic

2

Reason for the notification

a)

Position/status

Chief Executive Downstream / PDMR

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

BP p.l.c.

b)

LEI

213800LH1BZH3DI6G760

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 instrument

Identification code

Ordinary shares of $0.25

GB0007980591

b)

Nature of the transaction

Shares disposed of by way of sale

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£4.988969	671,213

d)

Aggregated information

-      Volume

-      Price

-      Total

671,213

£4.988969

£3,348,660.85

e)

Date of the transaction

24 November 2017

f)

Place of the transaction

London Stock Exchange XLON

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mehmet Tufan Erginbilgic

2

Reason for the notification

a)

Position/status

Chief Executive Downstream / PDMR

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

BP p.l.c.

b)

LEI

213800LH1BZH3DI6G760

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 instrument

Identification code

Options relating to ordinary shares of $0.25

GB0007980591

b)

Nature of the transaction

Option exercised for cash settlement under the BP Plan 2011.

Option granted at £3.7165 per share and exercised at £4.991 per share, resulting in a cash settlement of £350,387.50, following adjustments for tax and expenses where applicable.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£4.991	500,000

d)

Aggregated information

-      Volume

-      Price

-      Total

500,000

£4.991

£2,495,500

e)

Date of the transaction

24 November 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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