Director/PDMR Shareholding

RNS Number : 8391X

BAE SYSTEMS PLC

24 February 2017

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Guy Griffiths
2	Reason for the notification
a)	Position/status	Group Managing Director, International
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 0.25p 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 award £3.89 146,479 Shares retained to settle the cost of exercise £6.095 88,541 Sale of shares, including those sold to satisfy income tax and NIC liability £6.095 57,938
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: Exercise Volume:  146,479 Price GBP:  £569,803.31 Shares retained to settle the cost of exercise Volume:  88,541 Price GBP:  £539,657.40 Shares sold (including those sold to satisfy income tax and NIC liability) Volume:  57,938 Price GBP:  £353,132.11
e)	Date of the transaction	2017-02-23
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ian King
2	Reason for the notification
a)	Position/status	Chief Executive and 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 0.25p 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 award £3.01 256,279 Shares retained to settle the cost of exercise £6.11 126,253 Sale of shares, including those sold to satisfy income tax and NIC liability £6.11 130,026
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: Exercise Volume:  256,279 Price GBP:  £771,399.79 Shares retained to settle the cost of exercise Volume:  126,253 Price GBP:  £771,405.83 Shares sold (including those sold to satisfy income tax and NIC liability) Volume:  130,026 Price GBP:  £794.458.86
e)	Date of the transaction	2017-02-23
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Lynn Minella
2	Reason for the notification
a)	Position/status	Group HR 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 0.25p each in BAE Systems plc GB0002634946
b)	Nature of the transaction	Exercise of share options, 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 award £3.29 178,082 Acquisition of shares on exercise of share award £3.89 150,424 Shares retained to settle the cost of exercise £6.075 187,656 Sale of shares, including those sold to satisfy income tax and NIC liability £6.075 112,164 Shares retained 28,686
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: Exercise Volume:  328,506 Price GBP:  £1,171,039.14 Shares retained to settle the cost of exercise Volume:  187,656 Price GBP:  £1,140,010.20 Shares sold (including those sold to satisfy income tax and NIC liability) Volume:  112,164 Price GBP:  £681,396.30
e)	Date of the transaction	2017-02-23
f)	Place of the transaction	XLON - London Stock Exchange

 

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