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DIRECTOR DEALINGS: BP Directors Awarded Shares

Fri, 16th May 2014 14:01

LONDON (Alliance News) - BP PLC Friday said Chief Executive Robert Dudley was allotted 115,766 American Depositary shares at a price of USD50.665 each Thursday under the Executive Directors' Incentive Plan for 2011 to 2013.

Following this transaction, Dudley now holds 61,355 ADSs.

The oil and gas giant also said Iain Conn, a divisional chief executive, was allotted 175,292 shares at GBP5.042 each and now holds 175,292 shares.

BP shares were trading at 506.40 pence up 0.7% Friday.

By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

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