Business Context and Reporting Period
This Form 6-K filing by GlaxoSmithKline plc covers the period ending January 15, 2008. 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
The filing details a re-valuation of the cash element of the notional investment held within the US Retirement Savings Plan. This resulted in an increase in the notional allocation of Ordinary Share ADRs on January 11, 2008, at a price of $53.14 per ADR.
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 and Transparency Rule 3.1.4R(1)(a).
Important Facts for Investors
- Transaction Date: January 11, 2008.
- Transaction Price: $53.14 per ADR.
- Event Type: Increase in notional allocation of Ordinary Share ADRs within the US Retirement Savings Plan.
- Individuals Notified: Mr W C Louv, Dr M Slaoui, Mr D M Stout, Dr D Pulman, Dr R G Greig, Dr J P Garnier, and Mr C Viehbacher.
- Allocation Details: Specific share counts were allocated to the individuals listed above (ranging from 5 to 97 shares).