Director/PDMR Shareholding

RNS Number : 7284P

BAE SYSTEMS PLC

30 March 2009

 



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:

The Company was notified today that the following Persons Discharging Managerial Responsibilities (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 30 March 2009. Some of the shares were subsequently disposed of on 30 March 2009 as indicated below.  These transactions took place on the London Stock Exchange.  

Name of PDMR	No. of shares under option exercised	No. of shares sold	Price per share at which sold
Andrew Davies	21,892	10,686	326.25 pence
Walt Havenstein*	26,455	12,439	323.0 pence
Mike Heffron*	10,231	2,776	323.0 pence
Alastair Imrie	48,925	23,879	326.25 pence
Ian King	60,535	29,545	326.25 pence

* These relate to a contingent award, rather than an option, under the BAE Systems Performance Share Plan.  

30 March 2009

 

END

 

 

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