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BP PLC — Remuneration Information 2017
Mar 22, 2017
4622_rns_2017-03-22_d2bde715-01db-411c-8f4a-85c406462fae.html
Remuneration Information
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RNS Number : 2550A
BP PLC
22 March 2017
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
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
Restricted share units acquired pursuant to the BP Share Value Plan. The number of restricted share units is awarded at 50% of the maximum potential. The awards are subject to a three year performance period, after which they are expected to vest.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £4.7349 | 236,550 |
d)
Aggregated information
- Volume
- Price
- Total
236,550
£4.7349
£1,120,040.60
e)
Date of the transaction
21 March 2017
f)
Place of the transaction
Outside a trading venue
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 Upstream / 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
Restricted share units acquired pursuant to the BP Share Value Plan. The number of restricted share units is awarded at 50% of the maximum potential. The awards are subject to a three year performance period, after which they are expected to vest.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £4.7349 | 202,435 |
d)
Aggregated information
- Volume
- Price
- Total
202,435
£4.7349
£958,509.48
e)
Date of the transaction
21 March 2017
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
Deputy Chief Executive 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
Restricted share units acquired pursuant to the BP Share Value Plan. The number of restricted share units is awarded at 50% of the maximum potential. The awards are subject to a three year performance period, after which they are expected to vest.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| $35.3877 | 73,472 |
d)
Aggregated information
- Volume
- Price
- Total
73,472
$35.3877
$2,600,005.09
e)
Date of the transaction
21 March 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
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