Director/PDMR Shareholding

RNS Number : 5587E

BP PLC

10 February 2015

 

BP p.l.c.

Notification of transactions of persons discharging managerial responsibility or connected persons

BP p.l.c. has been notified by the following senior executive whose name is listed below (a person discharging managerial responsibility in BP p.l.c.) that he is to participate in the BP Annual Cash Bonus Deferral Plan. The company announces that on 6 March 2015, in accordance with the plan, the senior executive will acquire the number of BP Ordinary Shares (ISIN number GB0007980591) at £4.45 per share shown against his name.  He will also be granted the number of Restricted Share Units shown against his name. The Ordinary Shares and the Restricted Share Units are all subject to a three-year retention period and are expected to vest in early 2018.

Name of PDMR	Date of election	Number of Ordinary Shares	Number of Restricted Share Units
Mr M T Erginbilgic	9  February 2015	30,767	50,940

The plan participants will be entitled to any dividends paid on the Ordinary Shares.  In addition, they will be entitled to additional Ordinary Shares representing the value of reinvested dividends on those Restricted Share Units which vest.

BP p.l.c. was also notified on 10 February 2015 by Mr M T Erginbilgic, a person discharging managerial responsibility in BP p.l.c., that on 10 February 2015 he sold 70,000 BP ordinary shares (ISIN number GB0007980591) at £4.555 per share.

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

 

END

 

 

RDSPKKDBPBKDNBD