Director/PDMR Shareholding

RNS Number : 1296F

GlaxoSmithKline PLC

17 April 2014

 



Notification of Transactions of Directors, Persons Discharging

Managerial Responsibility or Connected Persons

The Administrators of the GlaxoSmithKline 2009 Deferred Annual Bonus Plan (the Plan) notified the Company and the under-mentioned Persons Discharging Managerial Responsibility (PDMR) on 17 April 2014 of the following increases in their interests in American Depositary Shares (ADSs) at a price of $53.007 per ADS following the re-investment of dividends paid to shareholders on 10 April 2014.

Mrs D P Connelly	Acquisition of 45.263 ADSs under the personal contribution element of the Plan.
	Acquisition of 33.354 ADSs under the matching element of the Plan (Company contribution).
Mr W C Louv	Acquisition of 33.140 ADSs under the personal contribution element of the Plan.

The afore-mentioned individuals have elected to participate in the Plan in respect of their 2010, 2011 and 2012 bonus on a post-tax basis. The notional dividends accrued under the matching element will be paid out in proportion to the percentage of the participant's Plan holdings that will vest following the end of the relevant measurement period.

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

V A Whyte

Company Secretary

17 April 2014

 

END

 

 

RDSEDLFFZZFEBBD