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 by the trustee of the BAE Systems ESOP Trust, IFG Trust (Jersey) Limited, that on 22 March 2010, Matching Shares (being ordinary shares of 2.5p each in BAE Systems plc) were released under the BAE Systems Share Matching Plan, together with additional shares deriving from the notional dividends on these awards which have accrued during the three year performance period, to the following Persons Discharging Managerial Responsibilities (PDMRs) as set out below. No consideration was paid for the acquisition of these shares. The shares were sourced from treasury shares. Some of the shares were subsequently disposed of on 22 March 2010, as set out below. The relevant shares were disposed of at a consideration of 387.3 pence per share and these transactions took place on the London Stock Exchange.
Name of PDMR |
Number of shares acquired |
Number of shares sold |
Philip Bramwell |
13,957 |
5,737 |
Andrew Davies |
13,855 |
5,695 |
Ian King |
51,322 |
21,095 |
Nigel Whitehead |
10,263 |
8,754 |
23 March 2010