Director/PDMR Shareholding

RNS Number : 6059G

BAE SYSTEMS PLC

07 June 2013

 



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 Kevin Taylor, a Person Discharging Managerial Responsibility ("PDMR"), exercised options over 21,149 ordinary shares of 2.5 pence each in BAE Systems plc under the BAE Systems Performance Share Plan at nil consideration on 6 June 2013 and subsequently disposed of 11,872 of those shares at a price of 401.2 pence per share.  

2.      The Company was notified today by the trustee of the BAE Systems Share Incentive Plan, Capita IRG Trustees Limited, that on 4 June 2013 the following PDMRs each acquired the number of ordinary shares of 2.5p each listed below in the share capital of BAE Systems plc following the reinvestment of dividends payable on ordinary shares held in the BAE Systems Share Incentive Plan:  

Name of PDMR	Number of BAE Systems plc Ordinary shares acquired
Philip Bramwell	158
Alan Garwood	191
Guy Griffiths	148
Ian King	191
Charlotte Lambkin	187
Peter Lynas	38
Lynn Minella	8
Kevin Taylor	59
Nigel Whitehead	132

The shares were acquired on 4 June 2013 at a price of 406.81 pence per share and are held in the name of Capita IRG Trustees Limited.

These transactions took place on the London Stock Exchange.

7 June 2013

 

END

 

 

RDSUBAVROVANRAR