Business Context and Reporting Period
This Form 6-K filing by GlaxoSmithKline plc covers the period ending February 13, 2007. The report serves as a notification of transactions involving directors and persons discharging managerial responsibility, specifically regarding the US Retirement Savings Plan.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on a specific transaction event rather than general financial performance.
Material Changes
A re-valuation of the cash element of the notional investment held within the US Retirement Savings Plan ("The Plan") resulted in an increase in the notional allocation of Ordinary Share ADRs on February 9, 2007. The transaction occurred at a price of $56.38 per share.
Guidance, Outlook, and Risks
The filing contains no management commentary, guidance, outlook, or discussion of risks and contingencies. It is a compliance notification under Disclosure Rules 3.1.4R(1)(a) and 3.1.4R(1)(b).
Important Facts for Investors
- Transaction Date: February 9, 2007.
- Transaction Price: $56.38 per Ordinary Share ADR.
- Event Type: Increase in notional allocation due to plan re-valuation.
- Participants: Dr JP Garnier (88 shares), Dr M M Slaoui (62 shares), Mrs C Bruck Slaoui (2 shares), Dr R G Greig (18 shares), Mr W Louv (4 shares), Mr D Phelan (19 shares), Dr D Pulman (6 shares), Mr D Stout (42 shares), and Mr C Viehbacher (7 shares).
- Financial Data: No financial performance metrics are included in this specific filing.