Director/PDMR Shareholding

RNS Number : 6759H

GlaxoSmithKline PLC

25 February 2010

 



Notification of Transactions of Directors and Persons Discharging Managerial Responsibility

2007 GlaxoSmithKline Performance Share Plan 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 £12.08 per Ordinary Share on 24 February 2010 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 P Witty*	13,851
Mr J S Heslop*	17,109
Mr S M Bicknell	724
Mr J M Clarke	12,547
Mr M Dunoyer	4,726
Mr E J Gray	962
Mr D Learmouth	3,463
Mr D S Redfern	962
Ms C Thomas	724

            * 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 $37.42 per ADS on 24 February 2010 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*	11,262
Mr W C Louv	3,228
Mr D Phelan	5,124
Mr D Pulman	3,228

            * Denotes an Executive Director

The Company, Directors, Persons Discharging Managerial Responsibility were advised of these transactions on 24 February 2010.

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

V A Whyte

Deputy Company Secretary

25 February 2010

 

END

 

 

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