Director/PDMR Shareholding

RNS Number : 0913F

BP PLC

03 October 2008

 



BP p.l.c. was informed on 3 October 2008, by Fidelity Stock Plan Services LLC, that Ms S Bott (a person discharging managerial responsibility) received two grants of Restricted Share Units on 8 September 2008 under the BP Restricted Share Plan of 16,050 ADSs (ISIN number US0556221044) each, a total of 32,100 ADSs (equivalent to a total of 192,600 ordinary shares).  

One grant of 16,050 Restricted Share Units is subject to a three year restriction period and will vest on 8 September 2011.

The second grant of 16,050 Restricted Share Units is subject to a four year restriction period and will vest on 8 September 2012, this award is subject to performance conditions and represents the maximum number of shares that will vest.  

In addition, Ms Bott will be entitled to additional ADSs representing the value of reinvested dividends on those ADSs which vest.

This notice is given in fulfillment of the obligation under DTR3.1.4R.

 

END

 

 

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