Director/PDMR Shareholding

RNS Number : 5111B

BAE SYSTEMS PLC

03 April 2013

 



BAE SYSTEMS plc

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR") OR THEIR CONNECTED PERSONS

Notifications made in accordance with DTR 3.1 4R(1)(a) of the Disclosure Rules and Transparency Rules:

(i)  On 2 April 2013 the following PDMRs acquired ordinary shares of 2.5 pence each in BAE Systems plc under the BAE Systems Restricted Share Plan (which include additional shares deriving from the notional dividends on these awards which have accrued during the retention period).  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 2 April 2013 as indicated below.  These transactions took place on the London Stock Exchange.

Name of PDMR	No. of shares over which under option exercised	Number of shares sold	Sale price per share
Thomas Arseneault	46,331	15,375	395.19 pence
David Herr	44,657	14,820	395.19 pence

(ii)  On 3 April 2013 Sir Peter Mason, a PDMR, disposed of 20,000 ordinary shares of 2.5 pence each in BAE Systems plc at 391.9738 pence per share.  The transaction took place on the London Stock Exchange.

3 April 2013

 

END

 

 

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