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DIRECTOR DEALINGS: Glaxo Director Beneficiary Acquires American Depositary Shares

Mon, 28th Oct 2013 17:24

LONDON (Alliance News) - GlaxoSmithKline PLC Monday said a person connected with Chairman of Research and Development, Moncef Slaoui, benefitted from a revaluation of the cash element of the notional investment held within the company's 401K plan, gaining American Depositary Shares at a price of USD52.05 per ADS Friday as a result.

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

Copyright © 2013 Alliance News Limited. All Rights Reserved.

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