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:
(i) The Company was notified yesterday that ordinary shares of 2.5p each in BAE Systems plc, which had been under contingent award under the BAE Systems Performance Share Plan, were released to the following Persons Discharging Managerial Responsibility (PDMRs) at nil consideration on 12 April 2010 as set out below. Some of the shares were subsequently disposed of on 12 April 2010 at a price of 370.24 pence per share, as indicated below. These transactions took place on the London Stock Exchange.
Name of PDMR |
No. of shares under award released |
No. of shares sold |
Mike Heffron |
4,221 |
1,359 |
Bob Murphy |
12,935 |
4,636 |
(ii) The Company was notified today that the following 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 13 April 2010. Some of the shares were subsequently disposed of on 13 April 2010, as indicated below. These transactions took place on the London Stock Exchange.
Name of PDMR |
No. of shares over which option exercised |
No. of shares sold |
Price per share at which sold |
Andrew Davies |
4,971 |
2,863 |
370 pence |
Alastair Imrie |
20,831 |
20,831 |
370 pence |
Ian King |
26,599 |
15,308 |
371.55 pence |
Nigel Whitehead |
94,943 |
84,866 |
370 pence |
13 April 2010