Director/PDMR Shareholding

RNS Number : 1122K

BAE SYSTEMS PLC

13 April 2010

 



BAE SYSTEMS plc

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

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

(i) The Company was notified yesterday that ordinary shares of 2.5p each in BAE Systems plc, which had been under contingent award under the BAE Systems Performance Share Plan, were released to the following Persons Discharging Managerial Responsibility (PDMRs) at nil consideration on 12 April 2010 as set out below.  Some of the shares were subsequently disposed of on 12 April 2010 at a price of 370.24 pence per share, as indicated below.  These transactions took place on the London Stock Exchange. 

Name of PDMR	No. of shares under award released	No. of shares sold
Mike Heffron	4,221	1,359
Bob Murphy	12,935	4,636

(ii) The Company was notified today that the following PDMRs exercised options over ordinary shares of 2.5 pence each in BAE Systems plc under the BAE Systems Performance Share Plan at nil consideration on 13 April 2010.  Some of the shares were subsequently disposed of on 13 April 2010, as indicated below.  These transactions took place on the London Stock Exchange. 

Name of PDMR	No. of shares over which option exercised	No. of shares sold	Price per share at which sold
Andrew Davies	4,971	2,863	370 pence
Alastair Imrie	20,831	20,831	370 pence
Ian King	26,599	15,308	371.55 pence
Nigel Whitehead	94,943	84,866	370 pence

13 April 2010

 

END

 

 

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