GlaxoSmithKline PLC — Remuneration Information 2016

Aug 30, 2016

National Storage Mechanism | Additional information

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RNS Number : 4391I

GlaxoSmithKline PLC

30 August 2016

GlaxoSmithKline plc (the 'Company')

Transaction notification

1.

Details of PDMR/person closely associated with them ('PCA')

a)

Name

Mr N Hirons

b)

Position/status

SVP, Global Ethics & Compliance

c)

Initial notification/

amendment

Initial notification

2.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

GlaxoSmithKline plc

b)

LEI

5493000HZTVUYLO1D793

3.

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 transaction(s) has been conducted

a)

Description of the financial  instrument

Ordinary shares of 25 pence each

ISIN: GB0009252882

b)

Nature of the transaction

Following the vesting on 26 August 2016 of an award made on 24 September 2014 under the GlaxoSmithKline Deferred Investment Award Plan, Mr N Hirons will receive a cash payment of £288,000.11 less applicable tax withholding in respect of 17,489 notional ordinary shares. 

c)

Price(s) and

volume(s)

Price(s)	Volume(s)
£16.4675	17,489 notional ordinary shares.

d)

Aggregated information

Aggregated volume Price

n/a (single transaction)

e)

Date of the transaction

2016-08-26

f)

Place of the transaction

n/a

This information is provided by RNS

The company news service from the London Stock Exchange

END

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