LONDON (Alliance News) - GlaxoSmithKline PLC Monday said a person connected to Chairman of Research and Development Moncef Slaoui gained an increase in the notional allocation of American Depositary Shares at a price of USD52.05 per ADS Friday. This followed a revaluation of the cash element of the notional investment in GSK ADSs held within the GSK 401K pension plan.
Details of the transaction are as follows.
Director/PDMR
|
Number of ADSs |
Connected Person |
Number of ADSs | ||
Dr M Slaoui
|
- |
Dr K Slaoui |
4 |
Shares in the global healthcare company closed at 1620.52 pence down 1.00% Monday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @arvindbhunjun
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