Director/PDMR Shareholding

RNS Number : 2768A

BAE SYSTEMS PLC

10 September 2018

 

BAE Systems Long Term incentive Plan ("LTIP")

BAE Systems plc announces that on 6 September 2018 it made the following awards over ordinary shares of 2.5p each in BAE Systems plc under the LTIP to Andrew Wolstenholme, a Person Discharging Managerial Responsibilities ("PDMR") as specified below:

1.  Share Options, at an option price of 607.2 pence per share:

Number of shares granted under option

98,484

2.  Performance Shares granted in the form of nil cost options:

Number of shares granted under option

113,636

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Wolstenholme
2	Reason for the notification
a)	Position/status	Group Managing Director, Maritime and Land UK
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	Award of shares under the LTIP: ·     Share Options at an option price of £6.072 per share; and ·     Performance Shares in the form of a nil-cost option.
c)	Price(s) and volume(s)	Award Price(s) Volume(s) Share Options Nil consideration 98,484 Performance Shares Nil consideration 113,636 Total: 212,120
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 212,120 shares £00.00
e)	Date of the transaction	Award made on 2018-09-06
f)	Place of the transaction	-

10 September 2018

 

END

 

 

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