BP PLC — Remuneration Information 2013

Apr 29, 2013

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RNS Number : 4958D

BP PLC

29 April 2013

BP p.l.c.

Notification of transactions of persons discharging managerial responsibility or connected persons

The Director shareholding announcement released on 13 February 2013 under RNS 8231X showed an incorrect number of ADSs acquired by Mr H L McKay, the number of ADSs acquired was 4,104 and not 4,429 as originally stated. The corrected announcement is shown below, all other information remains unchanged.  

BP p.l.c. has been notified by Mr H L McKay the following senior executive (a person discharging managerial responsibility in BP p.l.c.) that on 12 February 2013 he elected to participate in the BP Annual Cash Bonus Deferral Plan.  The company announces that on 6 March 2013, in accordance with the plan, he will acquire 4,104 ADSs (ISIN number US0556221044) at $43.99 per share shown against his name.  He will also be granted 7,070 Restricted Share Units.  The ADSs and the Restricted Share Units are all subject to a three-year retention period.  The Restricted Share Units will vest on 15 January 2016.

Mr McKay will be entitled to any dividends paid on the ADSs.  In addition, he will be entitled to additional ADSs representing the value of reinvested dividends on those Restricted Share Units which vest.

This notice is given in fulfillment of the obligation under DTR3.1.4 (1)(a)R.

This information is provided by RNS

The company news service from the London Stock Exchange

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