TIDMBA.

RNS Number : 8391X

BAE SYSTEMS PLC

24 February 2017

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ----------------------------------------------------------------------- 
 a)   Name                       Guy Griffiths 
---  -------------------------  -------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------- 
 a)   Position/status            Group Managing Director, 
                                  International 
---  -------------------------  -------------------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  -------------------------------------------- 
 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             Ordinary shares of 0.25p 
       the financial              each in BAE Systems plc 
       instrument, type 
       of instrument 
                                  GB0002634946 
       Identification 
       code 
---  -------------------------  -------------------------------------------- 
 b)   Nature of the              Exercise of share options 
       transaction                and the subsequent disposal 
                                  of those shares 
---  -------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)                                Price    Volume 
                                   -------------------  ----------  -------- 
                                    Acquisition 
                                     of shares on 
                                     exercise of 
                                     share award         GBP3.89     146,479 
                                   -------------------  ----------  -------- 
                                    Shares retained 
                                     to settle the 
                                     cost of exercise    GBP6.095     88,541 
                                   -------------------  ----------  -------- 
                                    Sale of shares, 
                                     including those 
                                     sold to satisfy 
                                     income tax and 
                                     NIC liability       GBP6.095     57,938 
                                   -------------------  ----------  -------- 
---  -------------------------  -------------------------------------------- 
 d)   Aggregated information     Aggregated volume: 
                                   Exercise 
                                    Volume: 146,479 
       - Aggregated volume          Price GBP: GBP569,803.31 
                                  ----------------------------- 
       - Price                     Shares retained to settle 
                                    the cost of exercise 
                                    Volume: 88,541 
                                    Price GBP: GBP539,657.40 
                                  ----------------------------- 
                                   Shares sold (including those 
                                    sold to satisfy income tax 
                                    and NIC liability) 
                                    Volume: 57,938 
                                    Price GBP: GBP353,132.11 
                                  ----------------------------- 
---  -------------------------  -------------------------------------------- 
 e)   Date of the transaction               2017-02-23 
---  -------------------------  -------------------------------------------- 
 f)   Place of the transaction   XLON - London Stock Exchange 
---  -------------------------  -------------------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------------- 
 a)   Name                       Ian King 
---  -------------------------  ------------------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------------- 
 a)   Position/status            Chief Executive and Director 
---  -------------------------  ------------------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ------------------------------------------- 
 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             Ordinary shares of 0.25p 
       the financial              each in BAE Systems plc 
       instrument, type 
       of instrument 
                                  GB0002634946 
       Identification 
       code 
---  -------------------------  ------------------------------------------- 
 b)   Nature of the              Exercise of share options 
       transaction                and the subsequent disposal 
                                  of those shares 
---  -------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)                               Price    Volume 
                                   -------------------  ---------  -------- 
                                    Acquisition 
                                     of shares on 
                                     exercise of 
                                     share award         GBP3.01    256,279 
                                   -------------------  ---------  -------- 
                                    Shares retained 
                                     to settle the 
                                     cost of exercise    GBP6.11    126,253 
                                   -------------------  ---------  -------- 
                                    Sale of shares, 
                                     including those 
                                     sold to satisfy 
                                     income tax and 
                                     NIC liability       GBP6.11    130,026 
                                   -------------------  ---------  -------- 
---  -------------------------  ------------------------------------------- 
 d)   Aggregated information     Aggregated volume: 
 
                                   Exercise 
       - Aggregated volume          Volume: 256,279 
                                    Price GBP: GBP771,399.79 
       - Price                    ----------------------------- 
                                   Shares retained to settle 
                                    the cost of exercise 
                                    Volume: 126,253 
                                    Price GBP: GBP771,405.83 
                                  ----------------------------- 
                                   Shares sold (including those 
                                    sold to satisfy income tax 
                                    and NIC liability) 
                                    Volume: 130,026 
                                    Price GBP: GBP794.458.86 
                                  ----------------------------- 
---  -------------------------  ------------------------------------------- 
 e)   Date of the transaction               2017-02-23 
---  -------------------------  ------------------------------------------- 
 f)   Place of the transaction   XLON - London Stock Exchange 
---  -------------------------  ------------------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ----------------------------------------------------------------------- 
 a)   Name                       Lynn Minella 
---  -------------------------  -------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------- 
 a)   Position/status            Group HR Director 
---  -------------------------  -------------------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  -------------------------------------------- 
 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             Ordinary shares of 0.25p 
       the financial              each in BAE Systems plc 
       instrument, type 
       of instrument 
                                  GB0002634946 
       Identification 
       code 
---  -------------------------  -------------------------------------------- 
 b)   Nature of the              Exercise of share options, 
       transaction                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 award         GBP3.29     178,082 
                                   -------------------  ----------  -------- 
                                    Acquisition 
                                     of shares on 
                                     exercise of 
                                     share award         GBP3.89     150,424 
                                   -------------------  ----------  -------- 
                                    Shares retained 
                                     to settle the 
                                     cost of exercise    GBP6.075    187,656 
                                   -------------------  ----------  -------- 
                                    Sale of shares, 
                                     including those 
                                     sold to satisfy 
                                     income tax and 
                                     NIC liability       GBP6.075    112,164 
                                   -------------------  ----------  -------- 
                                    Shares retained                   28,686 
                                   -------------------------------  -------- 
---  -------------------------  -------------------------------------------- 
 d)   Aggregated information     Aggregated volume: 
                                   Exercise 
                                    Volume: 328,506 
       - Aggregated volume          Price GBP: GBP1,171,039.14 
                                  ----------------------------- 
       - Price                     Shares retained to settle 
                                    the cost of exercise 
                                    Volume: 187,656 
                                    Price GBP: GBP1,140,010.20 
                                  ----------------------------- 
                                   Shares sold (including those 
                                    sold to satisfy income tax 
                                    and NIC liability) 
                                    Volume: 112,164 
                                    Price GBP: GBP681,396.30 
                                  ----------------------------- 
---  -------------------------  -------------------------------------------- 
 e)   Date of the transaction               2017-02-23 
---  -------------------------  -------------------------------------------- 
 f)   Place of the transaction   XLON - London Stock Exchange 
---  -------------------------  -------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 24, 2017 10:47 ET (15:47 GMT)

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