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 Bob Murphy, a Person Discharging Managerial Responsibilities, had vested shares automatically released to him on 22 December 2010 at nil consideration under the Stock Appreciation Rights (SAR) schedule to the BAE Systems Performance Share Plan in accordance with previous attainment of the 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
|
Bob Murphy |
5,274 |
2,442 |
332.822 pence |
22 December 2010