1 |
Details of the person discharging managerial responsibilities/person closely associated |
a) |
Name |
Mehmet Tufan Erginbilgic |
2 |
Reason for the notification |
a) |
Position/status |
Chief Executive Downstream / PDMR |
b) |
Initial notification/Amendment |
Initial notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name |
BP p.l.c. |
b) |
LEI |
213800LH1BZH3DI6G760 |
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
a) |
Description of the financial instrument, type of instrument Identification code |
Options relating to ordinary shares of $0.25 GB0007980591 |
b) |
Nature of the transaction |
Option exercised for cash settlement under the BP Plan 2011. Option granted at £3.7165 per share and exercised at £4.991 per share, resulting in a cash settlement of £350,387.50, following adjustments for tax and expenses where applicable. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£4.991 |
500,000 |
|
d) |
Aggregated information - Volume - Price - Total |
500,000 £4.991 £2,495,500 |
e) |
Date of the transaction |
24 November 2017 |
f) |
Place of the transaction |
Outside a trading venue |