Director/PDMR Shareholding

RNS Number : 3144V

BAE SYSTEMS PLC

05 April 2019

 

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
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 options over 28,477 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 13,418 shares to satisfy income tax and NIC liability.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option Nil 28,477 Sale of shares, including those sold to satisfy income tax and NIC liability £4.95 13,418 Shares retained 15,059
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 28,477 Price GBP: nil Shares sold, including those sold to satisfy income tax and NIC liability Volume: 13,418 Price GBP: £66,419.10
e)	Date of the transaction	2019-04-04
f)	Place of the transaction	XLON - London Stock Exchange

 

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