Director/PDMR Shareholding

RNS Number : 0943G

BAE SYSTEMS PLC

24 May 2017

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Philip Bramwell
2	Reason for the notification
a)	Position/status	Group General Counsel
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BAE Systems plc
b)	LEI	8SVCSVKSGDWMW2QHOH83
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 2.5p each in BAE Systems plc GB0002634946
b)	Nature of the transaction	Exercise of nil cost options under the Performance Share Plan, the sale of some of those shares and retention of the balance of shares
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option (sourced from Treasury shares) Nil 10,270 Sale of shares, to satisfy income tax and NIC liability £6.435 5,683 Shares Retained 4,587
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: Exercise Volume:  10,270 Price GBP:  Nil Shares sold (sold to satisfy income tax and NIC liability) Volume:  5,683 Price GBP:  £36,570.11
e)	Date of the transaction	2017-05-23
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alan Garwood
2	Reason for the notification
a)	Position/status	Group Business Development Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BAE Systems plc
b)	LEI	8SVCSVKSGDWMW2QHOH83
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 2.5p each in BAE Systems plc GB0002634946
b)	Nature of the transaction	Exercise of nil cost options under the Performance Share Plan and the sale of those shares
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option (sourced from Treasury shares) Nil 13,931 Sale of shares, including those sold to satisfy income tax and NIC liability £6.45 13,931
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: Exercise Volume:  13,931 Price GBP:  Nil Shares sold (including those sold to satisfy income tax and NIC liability) Volume:  13,931 Price GBP:  £89,854.95
e)	Date of the transaction	2017-05-23
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nigel Whitehead
2	Reason for the notification
a)	Position/status	Group Managing Director, Programmes and Support
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BAE Systems plc
b)	LEI	8SVCSVKSGDWMW2QHOH83
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 2.5p each in BAE Systems plc GB0002634946
b)	Nature of the transaction	Exercise of nil cost options under the Performance Share Plan and the sale of those shares
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option (sourced from Treasury shares) Nil 10,270 Sale of shares, including those sold to satisfy income tax and NIC liability £6.43616 10,270
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: Exercise Volume:  10,270 Price GBP:  Nil Shares sold (including those sold to satisfy income tax and NIC liability) Volume:  10,270 Price GBP:  £66,099.36
e)	Date of the transaction	2017-05-23
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nigel Whitehead
2	Reason for the notification
a)	Position/status	Group Managing Director, Programmes and Support
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BAE Systems plc
b)	LEI	8SVCSVKSGDWMW2QHOH83
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 2.5p each in BAE Systems plc GB0002634946
b)	Nature of the transaction	Exercise of share options and the subsequent disposal of those shares
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option (sourced from Treasury shares) £4.115 150,092 Shares retained to settle the cost of exercise £6.43616 95,963 Sale of shares, including those sold to satisfy income tax and NIC liability £6.43616 54,129 Shares Retained Nil
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: Exercise Volume:  150,092 Price GBP:  £617,628.58 Shares retained to settle the cost of exercise Volume:  95,963 Price GBP:  £617,633.22 Shares sold (including those sold to satisfy income tax and NIC liability) Volume:  54,129 Price GBP:  £348,382.90
e)	Date of the transaction	2017-05-23
f)	Place of the transaction	XLON - London Stock Exchange

 

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