LONDON (Alliance News) - GlaxoSmithKline PLC said Friday that the a group of executives had their number of American Depositary Shares increased following a re-evaluation of the cash element of the notional investment held within the company's 401K plan. The ADSs were issued at USD56.22 each.
The increases were as follows:
Director/Manager
|
Number of ADSs |
Connected Person |
Number of ADSs | ||
Dr M M Slaoui
|
15 |
Dr K Slaoui |
13 | ||
Mr W C Louv
| 20 | - | - | ||
Mrs D P Connelly
| 1 | - | - | ||
Shares in the healthcare company closed at 1,681.00 pence Friday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
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Glaxosmithkline (GSK)