Director/PDMR Shareholding

RNS Number : 8909K
BAE SYSTEMS PLC
13 April 2018
 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Peter Lynas

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Finance Director 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 performance shares in the form of nil cost options under the Long Term Incentive 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 (sourced from Treasury shares)

 

Nil

19,230

Sale of shares, to satisfy income tax and NIC liability

 

£5.915

10,525

Shares Retained


8,705

d)

 

Aggregated information

 

 

- Aggregated volume

 

- Price

 

 

 

 

 

 

 

Aggregated volume:

 

Exercise

Volume:  19,230

Price GBP:  Nil

 

Shares sold (sold to satisfy income tax and NIC liability)

Volume:  10,525

Price GBP:  £62,255.38

 

e)

 

Date of the transaction

 

2018-04-12

 

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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