BP PLC — Remuneration Information 2019

Mar 28, 2019

National Storage Mechanism | Additional information

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RNS Number : 3908U

BP PLC

28 March 2019

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

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. A proportion of this award is subject to performance conditions over a three year performance period, after which the restricted share units are expected to vest.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	314,015

d)

Aggregated information

-      Volume

-      Price

-      Total

314,015

Nil consideration (market value £5.482)

Nil (market value £1,721,430.23)

e)

Date of the transaction

25 March 2019

f)

Place of the transaction

Outside a trading venue

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 awarded under the BP Share Value Plan. A proportion of this award is subject to performance conditions over a three year performance period, after which the restricted share units are expected to vest.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	312,805

d)

Aggregated information

-      Volume

-      Price

-      Total

312,805

Nil consideration (market value £5.482)

Nil (market value £1,714,797.01)

e)

Date of the transaction

25 March 2019

f)

Place of the transaction

Outside a trading venue

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 Restricted Share Plan II. 50% of this award vests after 2 years with the remaining 50% vesting after 4 years.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	142,686

d)

Aggregated information

-      Volume

-      Price

-      Total

142,686

Nil consideration (market value £5.482)

Nil (market value £782,204.65)

e)

Date of the transaction

25 March 2019

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.

A proportion of this award is subject to performance conditions over a three year performance period, after which the restricted share units are expected to vest.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	69,398

d)

Aggregated information

-      Volume

-      Price

-      Total

69,398

Nil consideration (market value $43.53)

Nil (market value $3,020,894.94)

e)

Date of the transaction

25 March 2019

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 Restricted Share Plan II. This award vests after 3 years.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	42,467

d)

Aggregated information

-      Volume

-      Price

-      Total

42,467

Nil consideration (market value $43.53)

Nil (market value $1,848,588.51)

e)

Date of the transaction

25 March 2019

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.

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