Director/PDMR Shareholding

RNS Number : 9124B

BAE SYSTEMS PLC

09 April 2013

 



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:

On 8 April 2013 the following PDMRs exercised options over ordinary shares of 2.5 pence each in BAE Systems plc under the BAE Systems Performance Share Plan (which include additional shares deriving from the notional dividends on these awards which have accrued during the three year performance period), the related performance conditions having been met.  No consideration was paid for the acquisition of these shares.  Some of the shares were subsequently disposed of on 8 April 2013 as indicated below.  These transactions took place on the London Stock Exchange.

Name of PDMR	No. of shares over which the options were exercised	No. of shares sold	Sale price per share
Philip Bramwell	36,984	20,242	388.149 pence
Peter Lynas	24,740	13,541	387.5 pence

9 April 2013

 

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