Last checked at 10 Feb 2016 16:42
BP p.l.c.
Notification of transactions of persons discharging managerial responsibility or connected persons
BP p.l.c. has been notified on 10 February 2016 that the following senior executive whose names is listed below (a person discharging managerial responsibility in BP p.l.c.), elected to participate in the BP Annual Cash Bonus Deferral Plan. The company announces that on 8 March 2016, in accordance with the plan, Mr Hopwood will acquire the number of ADSs (ISIN number US0556221044) at $29.66 per ADS shown against his name. He will also be granted the number of Restricted Share Units shown against his name. The ADSs and the Restricted Share Units are all subject to a three-year retention period and are expected to vest in early 2019.
Name of PDMR | Date of election | Number of ADSs | Number of Restricted Share Units |
Mr A Hopwood | 9 February 2016 | 6,996 | 12,052 |
Mr Hopwood, as a plan participant will be entitled to any dividends paid on the ADSs. In addition, he will be entitled to additional ADSs representing the value of reinvested dividends on those Restricted Share Units which vest.
This notice is given in fulfillment of the obligation under DTR3.1.4 (1)(a)R.