Director/PDMR Shareholding

RNS Number : 6678L

BAE SYSTEMS PLC

09 September 2019

 

BAE Systems Long Term incentive Plan ("LTIP")

BAE Systems plc announces that on 6 September 2019 it made the following awards over ordinary shares of 2.5p each in BAE Systems plc under the LTIP to Mark Phillips, a Person Discharging Managerial Responsibilities ("PDMR") as specified below:

1.  Share Options, at an option price of 563.4 pence per share:

Number of shares granted under option

19,960

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

Number of shares granted under option

16,963

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Phillips
2	Reason for the notification
a)	Position/status	Group Communications 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	Award of shares under the LTIP: •Share Options at an option price of £5.634 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 19,960 Performance Shares Nil consideration 16,963 Total: 36,923
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 36,923 shares £00.00
e)	Date of the transaction	2019-09-06
f)	Place of the transaction	Outside trading venue

9 September 2019

 

END

 

 

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