Business Context and Reporting Period
This Form 6-K filing by GlaxoSmithKline plc covers the period ending October 2010. The report serves as a notification of transactions involving Directors, Persons Discharging Managerial Responsibility, or Connected Persons regarding their interests in the company's Ordinary shares.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a regulatory disclosure of specific share transactions rather than a financial performance report.
Material Changes
The filing details the acquisition of Ordinary shares by several executives on October 11, 2010, at a price of £13.09 per share through the Company's Share Reward Plan. The transactions include:
- Mr A P Witty: Acquired 9 shares (personal contribution) and 9 shares (company matching).
- Mr J S Heslop: Acquired 9 shares (personal contribution) and 9 shares (company matching).
- Mr S M Bicknell: Acquired 9 shares (personal contribution) and 9 shares (company matching).
- Mr E J Gray: Acquired 9 shares (personal contribution) and 9 shares (company matching).
- Mr D S Redfern: Acquired 9 shares (personal contribution) and 9 shares (company matching).
- Ms C Thomas: Acquired 9 shares (personal contribution) and 9 shares (company matching).
- Mr P J T Vallance: Acquired 10 shares (company matching) and 10 shares (personal contribution).
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document strictly adheres to the Disclosure and Transparency Rule 3.1.4R(1)(a) regarding director share transactions.
Investor Verification Checklist
- Verify the share price of £13.09 against market data for October 11, 2010.
- Confirm the total number of shares acquired by each listed executive under the Share Reward Plan.
- Review the company's broader Share Reward Plan terms to understand the matching contribution structure.
- Check subsequent filings for any changes in the holdings of these individuals.