BP PLC — Director's Dealing 2023

Aug 14, 2023

National Storage Mechanism | Additional information

RNS Number : 2686J

BP PLC

14 August 2023

BP p.l.c.

Notification of transactions of persons discharging managerial responsibility or connected persons

EDIP Performance Share Award 2020-22 - vesting

BP p.l.c. (the "Company") announces that, on 11 August 2023, the vesting of shares previously awarded to the following Executive Directors of BP p.l.c. under the BP Executive Directors' Incentive Plan ("EDIP") occurred.

The Company determined that 54% of the shares awarded under the EDIP Performance Share Award 2020-22 would vest. The rationale behind this determination is detailed in the Directors' Remuneration Report contained in BP's Annual Report and Form 20-F 2022. The released amount stated below will be retained for a period of three years.

	Vested amount	Shares representing tax liabilities	Released amount
Bernard Looney	1,298,879	610,474	688,405
Murray Auchincloss	624,960	293,732	331,228

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Bernard Looney

2

Reason for the notification

a)

Position/status

Chief Executive Officer / Director

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 acquired pursuant to the vesting of shares under the BP Executive Directors' Incentive Plan, following adjustments for tax and dividends.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	688,405

d)

Aggregated information

-      Volume

-      Price

-      Total

688,405

Nil consideration. Market value £4.864 per share

Nil. Market value £3,348,401.92

e)

Date of the transaction

11 August 2023

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Murray Auchincloss

2

Reason for the notification

a)

Position/status

Chief Financial Officer / Director

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 acquired pursuant to the vesting of shares under the BP Executive Directors' Incentive Plan, following adjustments for tax and dividends.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	331,228

d)

Aggregated information

-      Volume

-      Price

-      Total

331,228

Nil consideration. Market value £4.864 per share

Nil. Market value £1,611,092.99

e)

Date of the transaction

11 August 2023

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHNKQBNQBKDQFD