Director/PDMR Shareholding

RNS Number : 8909K

BAE SYSTEMS PLC

13 April 2018

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Peter Lynas
2	Reason for the notification
a)	Position/status	Group Finance Director 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 2.5p each in BAE Systems plc GB0002634946
b)	Nature of the transaction	Exercise of performance shares in the form of nil cost options under the Long Term Incentive 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 19,230 Sale of shares, to satisfy income tax and NIC liability £5.915 10,525 Shares Retained 8,705
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: Exercise Volume:  19,230 Price GBP:  Nil Shares sold (sold to satisfy income tax and NIC liability) Volume:  10,525 Price GBP:  £62,255.38
e)	Date of the transaction	2018-04-12
f)	Place of the transaction	XLON - London Stock Exchange

 

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