Director/PDMR Shareholding

RNS Number : 7051K

BAE SYSTEMS PLC

23 December 2008

 

BAE SYSTEMS plc

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR THEIR CONNECTED PERSONS

Notification made in accordance with DTR 3.1.4R(1)(a) of the Disclosure Rules and Transparency Rules:

The Company was notified today that Walt Havenstein, a Person Discharging Managerial Responsibilities, had vested shares automatically released to him on 22 December 2008 at nil consideration under the Stock Appreciation Rights (SAR) schedule to the BAE Systems Performance Share Plan, the relevant performance conditions having previously been attained. Some of the shares were subsequently disposed of as indicated below and the transaction took place on the London Stock Exchange.  

Name of PDMR	No. of vested shares released	No. of shares sold	Price per share at which sold
Walt Havenstein	3,220	1,384	342.25 pence

23 December 2008

 

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