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BP PLC — Director's Dealing 2020
May 11, 2020
4622_dirs_2020-05-11_d3408761-a67d-4a94-a53e-15868ac5c272.html
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 5459M
BP PLC
11 May 2020
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
Chief transition officer / 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
American Depositary Shares (each representing 6 ordinary shares of $0.25)
US0556221044
b)
Nature of the transaction
ADSs acquired pursuant to the vesting of Restricted Share Units under the BP Share Value Plan, following adjustments for tax and dividends. These ADSs are restricted for a further three years.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 81,303 |
d)
Aggregated information
- Volume
- Price
- Total
81,303
Nil consideration (market value $23.87)
Nil (market value $1,940,702.61)
e)
Date of the transaction
5 May 2020
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Horace Lamar McKay
2
Reason for the notification
a)
Position/status
Chief transition officer / 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
American Depositary Shares (each representing 6 ordinary shares of $0.25)
US0556221044
b)
Nature of the transaction
Vesting of 34,832.564 restricted share units and 34,832.564 matching restricted share units pursuant to the BP Restricted Share Plan II award made in 2017, after adjustment for tax, dividends and expenses. The matching ADSs are subject to a further three year retention period.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 69,665.128 |
d)
Aggregated information
- Volume
- Price
- Total
69,665.128
Nil consideration (market value $23.87)
Nil (market value $1,662,906.61)
e)
Date of the transaction
5 May 2020
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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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