Director/PDMR Shareholding

RNS Number : 9098J

BP PLC

08 April 2010

 



BP p.l.c. was advised on 7 April 2010 by Computershare Plan Managers that, following an award under the BP Competitive Performance Plan,the following senior executives (persons discharging managerial responsibility) acquired the number of BP Restricted Share Units shown opposite their names on 15 March:

            Mr R Bondy                   30,000

            Mr S Westwell               30,000

The numbers of Restricted Share Units granted under the BP Competitive Performance Plan represent the maximum number of BP Ordinary Shares (ISIN number GB0007980591) that will vest following a three year performance period.  In addition, each senior executive will be entitled to additional shares representing the value of reinvested dividends on those shares which vest.

BP p.l.c. was further informed that, following an award under the BP Executive Performance Plan, the following senior executives (persons discharging managerial responsibility) acquired the number of BP Restricted Share Units shown opposite their names 15 March 2010:

            Mr R Bondy                   45,000

            Mr S Westwell               45,000

The numbers of Restricted Share Units granted under the BP Executive Performance Plan represent the number of shares that will vest following a three year retention period.  In addition, each senior executive will be entitled to additional shares representing the value of reinvested dividends on those shares which vest.

In addition, the following were also granted the number of Restricted Share Units shown opposite their names under the BP Deferred Annual Bonus Plan on 15 March 2010:

Mr R Bondy                   129,983

            Mr S Westwell               100,087

The numbers of Restricted Share Units granted under the BP Deferred Annual Bonus Plan represent the number of shares that will vest following a three year retention period.  In addition, each senior executive will be entitled to additional shares representing the value of reinvested dividends on those shares which vest.

This notice is given in fulfilment of the obligations under DTR3.1.4 (1)(a)R.

 

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