Director/PDMR Shareholding

RNS Number : 7028Q

BAE SYSTEMS PLC

16 April 2009

 



BAE SYSTEMS plc

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR THEIR CONNECTED PERSONS

Notification made in accordance with Rule 3.1.4R(1)(a) of the Disclosure Rules and Transparency Rules.

1.  The Company was notified yesterday that Ian King, a Person Discharging Managerial Responsibility ('PDMR'), exercised 26,599 vested shares under the BAE Systems Performance Share Plan at nil consideration, and subsequently disposed of 12,983 shares at a price of 335.0 pence per share. The transaction took place on the London Stock Exchange.  

2. The Company was notified today by the trustee of the BAE Systems Share Incentive Plan, Equiniti Share Plan Trustees Limited, that on 14 April 2009 the following PDMRs acquired ordinary shares of 2.5 pence each in BAE Systems plc under the Partnership Shares element of the BAE Systems Share Incentive Plan at a price of 338.61 pence per share and were also awarded ordinary shares of 2.5 pence at nil consideration under the Matching Shares element of the same share plan. The transactions for the Partnership Shares took place on the London Stock Exchange; the Matching Shares were sourced from Treasury Shares.

The number of shares purchased or acquired by PDMRs is as follows:

Name of PDMR	Number of BAE Systems plc Ordinary shares purchased - Partnership Shares	Number of BAE Systems plc Ordinary shares acquired - Matching Shares
Philip Bramwell	37	18
Andrew Davies	36	18
Alan Garwood	37	18
Guy Griffiths	37	18
Alastair Imrie	37	18
Ian King	37	18
Charlotte Lambkin	37	18
George Rose	37	18
Nigel Whitehead	238	18

16 April 2009

 

END

 

 

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