Director/PDMR Shareholding

RNS Number : 1769B

BAE SYSTEMS PLC

31 March 2017

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Lynn Minella
2	Reason for the notification
a)	Position/status	Group HR Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BAE Systems plc
b)	LEI	8SVCSVKSGDWMW2QHOH83
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 2.5p each in BAE Systems plc GB0002634946
b)	Nature of the transaction	Exercise of share options and the subsequent disposal of those shares
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option £4.115 142,162 Shares retained to settle the cost of exercise £6.52869 89,604 Sale of shares, including those sold to satisfy income tax and NIC liability £6.52869 52,558 Shares Retained Nil
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: Exercise Volume:  142,162 Price GBP:  £584,996.63 Shares retained to settle the cost of exercise Volume:  89,604 Price GBP:  £584,996.74 Shares sold (including those sold to satisfy income tax and NIC liability) Volume:  52,558 Price GBP:  £343,134.89
e)	Date of the transaction	2017-03-30
f)	Place of the transaction	XLON - London Stock Exchange

 

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