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GlaxoSmithKline PLC Remuneration Information 2024

Feb 15, 2024

5262_def-14a_2024-02-15_d512585d-fc33-4017-9258-eec01c1a79fc.html

Remuneration Information

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National Storage Mechanism | Additional information

RNS Number : 3367D

GSK PLC

15 February 2024

GSK plc (the 'Company')

Vesting of Deferred Annual Bonus Plan Deferred Bonus Awards and Sale of Ordinary Shares and American Depositary Shares

This notification sets out the vesting details for Persons Discharging Managerial Responsibilities ('PDMRs') of Deferred Bonus Awards over Ordinary Shares and American Depositary Shares ('ADSs') made in 2021 under the GlaxoSmithKline 2017 Deferred Annual Bonus Plan ('DABP') and subsequent sale of Ordinary Shares and ADSs to meet tax liabilities.  In accordance with the shareholder approved 2017 Remuneration Policy and the DABP rules, the awards comprised a mandatory bonus deferral only. The three-year restricted period for the awards commenced on 10 February 2021 and ended on 12 February 2024.  Dividends accrued on the awards during the restricted period.

The awards were granted in 2021 as restricted awards over ADSs for US participants and as nil-cost options over Ordinary Shares for all other participants.

The closing prices of Ordinary Shares and of ADSs of GlaxoSmithKline plc on 12 February 2024 were £16.264 and $41.07.

Transaction notification

1. Details of PDMR/person closely associated with them ('PCA')
a) Name Emma Walmsley
b) Position/status Chief Executive Officer
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 31 ¼ pence each ('Ordinary Shares')

ISIN: GB00BN7SWP63
b) Nature of the transaction The vesting of an award in the form of a nil-cost option over Ordinary Shares granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan and the subsequent exercise of the nil-cost option
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00

.
52,435
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction N/A
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Emma Walmsley
b) Position/status Chief Executive Officer
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 31 ¼ pence each ('Ordinary Shares')

ISIN: GB00BN7SWP63
b) Nature of the transaction The sale of Ordinary Shares to meet tax liabilities on the exercise of a nil-cost option award granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£16.5180

.
24,682
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction London Stock Exchange (XLON)
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Dr Hal Barron
b) Position/status Non-Executive Director
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 American Depositary Shares ('ADSs')

ISIN: US37733W2044
b) Nature of the transaction The vesting of an award granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
$0.00

.
27,796
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction N/A
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Dr Hal Barron
b) Position/status Non-Executive Director
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 American Depositary Shares ('ADSs')

ISIN: US37733W2044
b) Nature of the transaction The sale of ADSs' to meet tax liabilities on the vesting of an award granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
$41.0648

.
14,941
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction New York Stock Exchange (XNYS)
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Diana Conrad
b) Position/status Chief People Officer
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 31 ¼ pence each ('Ordinary Shares')

ISIN: GB00BN7SWP63
b) Nature of the transaction The vesting of an award in the form of a nil-cost option over Ordinary Shares granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan and the subsequent exercise of the nil-cost option
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00

.
7,600
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction N/A
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Diana Conrad
b) Position/status Chief People Officer
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 31 ¼ pence each ('Ordinary Shares')

ISIN: GB00BN7SWP63
b) Nature of the transaction The sale of Ordinary Shares to meet tax liabilities on the exercise of a nil-cost option award granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£16.5104

.
4,083
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction London Stock Exchange (XLON)
1. Details of PDMR/person closely associated with them ('PCA')
a) Name James Ford
b) Position/status SVP and Group General Counsel, Legal and Compliance
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 31 ¼ pence each ('Ordinary Shares')

ISIN: GB00BN7SWP63
b) Nature of the transaction The vesting of an award in the form of a nil-cost option over Ordinary Shares granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan and the subsequent exercise of the nil-cost option
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00 9,157
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction N/A
1. Details of PDMR/person closely associated with them ('PCA')
a) Name James Ford
b) Position/status SVP and Group General Counsel, Legal and Compliance
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 31 ¼ pence each ('Ordinary Shares')

ISIN: GB00BN7SWP63
b) Nature of the transaction The sale of Ordinary Shares to meet tax liabilities on the exercise of a nil-cost option award granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£16.5056

.
4,319
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction London Stock Exchange (XLON)
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Sally Jackson
b) Position/status SVP, Global Communications and CEO Office
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 31 ¼ pence each ('Ordinary Shares')

ISIN: GB00BN7SWP63
b) Nature of the transaction The vesting of an award in the form of a nil-cost option over Ordinary Shares granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan and the subsequent exercise of the nil-cost option
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00

.
4,627
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction N/A
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Sally Jackson
b) Position/status SVP, Global Communications and CEO Office
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 31 ¼ pence each ('Ordinary Shares')

ISIN: GB00BN7SWP63
b) Nature of the transaction The sale of Ordinary Shares to meet tax liabilities on the exercise of a nil-cost option award granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£16.5238

.
2,183
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction London Stock Exchange (XLON)
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Luke Miels
b) Position/status Chief Commercial Officer
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 31 ¼ pence each ('Ordinary Shares')

ISIN: GB00BN7SWP63
b) Nature of the transaction The vesting of an award in the form of a nil-cost option over Ordinary Shares granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan and the subsequent exercise of the nil-cost option
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00

.
14,209
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction N/A
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Luke Miels
b) Position/status Chief Commercial Officer
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 31 ¼ pence each ('Ordinary Shares')

ISIN: GB00BN7SWP63
b) Nature of the transaction The sale of Ordinary Shares to meet tax liabilities on the exercise of a nil-cost option award granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£16.5020

.
166
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction London Stock Exchange (XLON)
1. Details of PDMR/person closely associated with them ('PCA')
a) Name David Redfern
b) Position/status President Corporate Development
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 31 ¼ pence each ('Ordinary Shares')

ISIN: GB00BN7SWP63
b) Nature of the transaction The vesting of an award in the form of a nil-cost option over Ordinary Shares granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan and the subsequent exercise of the nil-cost option
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00

.
11,169
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction N/A
1. Details of PDMR/person closely associated with them ('PCA')
a) Name David Redfern
b) Position/status President Corporate Development
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 31 ¼ pence each ('Ordinary Shares')

ISIN: GB00BN7SWP63
b) Nature of the transaction The sale of Ordinary Shares to meet tax liabilities on the exercise of a nil-cost option award granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£16.5152

.
5,263
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction London Stock Exchange (XLON)
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Regis Simard
b) Position/status President, Global Supply Chain
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 31 ¼ pence each ('Ordinary Shares')

ISIN: GB00BN7SWP63
b) Nature of the transaction The vesting of an award in the form of a nil-cost option over Ordinary Shares granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan and the subsequent exercise of the nil-cost option
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00

.
8,414
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction N/A
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Regis Simard
b) Position/status President, Global Supply Chain
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 31 ¼ pence each ('Ordinary Shares')

ISIN: GB00BN7SWP63
b) Nature of the transaction The sale of Ordinary Shares to meet tax liabilities on the exercise of a nil-cost option award granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£16.4822 3,969
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction London Stock Exchange (XLON)
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Phil Thomson
b) Position/status President, Global Affairs
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 31 ¼ pence each ('Ordinary Shares')

ISIN: GB00BN7SWP63
b) Nature of the transaction The vesting of an award in the form of a nil-cost option over Ordinary Shares granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan and the subsequent exercise of the nil-cost option
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00

.
6,532
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction N/A
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Phil Thomson
b) Position/status President, Global Affairs
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 31 ¼ pence each ('Ordinary Shares')

ISIN: GB00BN7SWP63
b) Nature of the transaction The sale of Ordinary Shares to meet tax liabilities on the exercise of a nil-cost option award granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£16.4906

.
3,081
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction London Stock Exchange (XLON)
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Deborah Waterhouse
b) Position/status CEO, ViiV Healthcare and President, Global Health, GSK
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 31 ¼ pence each ('Ordinary Shares')

ISIN: GB00BN7SWP63
b) Nature of the transaction The vesting of an award in the form of a nil-cost option over Ordinary Shares granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan and the subsequent exercise of the nil-cost option
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00

.
13,426
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction N/A
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Deborah Waterhouse
b) Position/status CEO, ViiV Healthcare and President, Global Health, GSK
c) Initial notification/

amendment
Initial notification
2. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GSK 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 31 ¼ pence each ('Ordinary Shares')

ISIN: GB00BN7SWP63
b) Nature of the transaction The sale of Ordinary Shares to meet tax liabilities on the exercise of a nil-cost option award granted in 2021 under the Company's 2017 Deferred Annual Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£16.5186

.
6,327
d) Aggregated information N/A (single transaction)
Aggregated volume Price
e) Date of the transaction 2024-02-12
f) Place of the transaction London Stock Exchange (XLON)

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