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 today at nil consideration under the Stock Appreciation Rights (SAR) schedule to the BAE Systems Performance Share Plan following attainment of the relevant performance conditions. 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 |
32,271 |
11,720 |
399.36 pence |
30 September 2008