Director/PDMR Shareholding

RNS Number : 1267C

GlaxoSmithKline PLC

01 March 2011

 



 Notification of Transactions of Directors and Persons Discharging Managerial Responsibility

2009 GlaxoSmithKline Performance Share Plan - 2008 Award

Sale of shares to meet tax liability

I give below details of changes in the interests of:

Directors and Persons Discharging Managerial Responsibility in the Ordinary shares of GlaxoSmithKline plc in respect of the under mentioned persons arising from the sale of Ordinary shares at a price of £11.77 per Ordinary Share on 25 February 2011 to meet their tax liabilities following the vesting of a Performance Share Plan (PSP) award:

	No. of Ordinary shares sold to meet tax liabilities following the vesting of a PSP award
Mr A Witty*	58,532
Mr J S Heslop*	21,468
Mr S M Bicknell	908
Mr J M Clarke	15,743
Mr M Dunoyer	3,779
Mr E J Gray	10,223
Mr D S Redfern	1,207
Ms C Thomas	908
Mr P Vallance	3,748

            * Denotes an Executive Director

Persons Discharging Managerial Responsibility in the American Depositary Shares (ADSs) of GlaxoSmithKline plc in respect of the under mentioned persons arising from the withholding of shares at a price of $38.13 per ADS on 25 February 2011 to meet their tax liabilities following the vesting of a Performance Share Plan award:

	No. of ADSs withheld to meet tax liabilities following the vesting of a PSP award
Dr M M Slaoui*	10,549
Mr W C Louv	3,258
Mr D Pulman	3,258

            * Denotes an Executive Director

The Company, Directors, Persons Discharging Managerial Responsibility were advised of these transactions on 1 March 2011.

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

V A Whyte

Company Secretary

1 March 2011

 

END

 

 

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