Director/PDMR Shareholding

RNS Number : 5527N

GlaxoSmithKline PLC

18 February 2009

 



Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons

I give below details of a change in the interests of Dr M Slaoui, a Person Discharging Managerial Responsibility, in the American Depositary Shares (ADSs) of GlaxoSmithKline plc (the "Company") following transactions in the shares of a connected person, as follows:-

On 17 February 2009, Dr Slaoui's connected person, who is an employee of the Company, received the following awards:

    Award under                                                ADSs

    GlaxoSmithKline Share Option Plan             5,940

    GlaxoSmithKline Share Value Plan               1,490

    GlaxoSmithKline Performance Share Plan   2,620

The award of share options was made with an exercise price of US$33.42 per ADS. The vesting date for all of these awards is 17 February 2012, subject, in the case of the Performance Share Plan award, to the Remuneration Committee having determined that the performance condition has been satisfied.

The Company and Dr Slaoui's connected person were advised of these  transactions  on  18 February 2009.

This notification relates to a transaction notified in accordance with Disclosure and Transparency Rule 3.1.4R(1)(a).

S M Bicknell

Company Secretary

18 February 2009

 

END

 

 

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