BP p.l.c. / GB0007980591

BP p.l.c. Notification of transactions of persons discharging managerial responsibility or connected persons EDIP Performance Share Award 2021-23 - vesting BP p.l.c. announces that, on 30 July 2024, the vesting of shares previously awarded to the following Executive Directors of BP p.l.c. under the BP Executive Directors' Incentive Plan ("EDIP") occurred.   The remuneration committee of the board of BP p.l.c. determined that 75% of the shares awarded under the EDIP Performance Share Award 2021-23 would vest. The rationale behind this determination is detailed in the Directors' Remuneration Report contained in BP's Annual Report and Form 20-F 2023. Under the EDIP plan rules, the number of shares detailed below will be retained for a further period of three years before their release to the beneficiary.  

	Vested amount	Shares representing tax liabilities	Released amount
Murray Auchincloss	965,813	454,841	510,972

                                                                                                 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Murray Auchincloss
2	Reason for the notification
a)	Position/status	Chief executive officer / Director
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	Ordinary shares of $0.25 GB0007980591
b)	Nature of the transaction	Shares sold to cover tax liabilities and dealing costs pursuant to the vesting of an award made under the BP Executive Directors' Incentive Plan.
c)	Price(s) and volume(s)	Price(s) £4.594114 Volume(s) 454,841
d)	Aggregated information -      Volume   -      Price   -      Total	454,841   £4.594114   £2,089,591.41
e)	Date of the transaction	30 July 2024
f)	Place of the transaction	London Stock Exchange (XLON)

   

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Murray Auchincloss
2	Reason for the notification
a)	Position/status	Chief executive officer / Director
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	Ordinary shares of $0.25 GB0007980591
b)	Nature of the transaction	Shares acquired pursuant to the vesting of an award made under the BP Executive Directors' Incentive Plan, following adjustments for tax and dividends.
c)	Price(s) and volume(s)	Price(s) Nil consideration Volume(s) 510,972
d)	Aggregated information -      Volume   -      Price   -      Total	510,972   Nil consideration. Market value £4.5165 per share   Nil. Market value £2,307,805.04
e)	Date of the transaction	30 July 2024
f)	Place of the transaction	Outside a trading venue

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