Director/PDMR Shareholding

RNS Number : 9990E

BAE SYSTEMS PLC

12 May 2017

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ian King
2	Reason for the notification
a)	Position/status	Chief Executive and 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 nil cost options under the Performance Share Plan, the sale of some of those shares and retention of the balance of shares
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option Nil 20,622 Sale of shares, to satisfy income tax and NIC liability £6.385 11,396 Shares Retained 9,226
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: Exercise Volume:  20,622 Price GBP:  Nil Shares sold (sold to satisfy income tax and NIC liability) Volume:  11,396 Price GBP:  £72,763.46
e)	Date of the transaction	2017-05-11
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kevin Taylor
2	Reason for the notification
a)	Position/status	Group Managing Director, Applied Intelligence
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	Disposal of shares for nil consideration by Kevin Taylor (a person discharging managerial responsibilities) following a transfer of shares to Cheryl Taylor, a person closely associated.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 68,000
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 68,000 shares £0.00
e)	Date of the transaction	2017-05-11
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephanie Griffiths
2	Reason for the notification
a)	Position/status	Person closely associated to Guy Griffiths (a person discharging managerial responsibilities), Group Managing Director, International
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 0.25p each in BAE Systems plc GB0002634946
b)	Nature of the transaction	Sale of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £6.39 20,000
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 20,000 shares £127,800.00
e)	Date of the transaction	2017-05-11
f)	Place of the transaction	XLON - London Stock Exchange

 

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