BAE SYSTEMS PLC Director/PDMR Shareholding (8909K)
13 April 2018 - 8:44PM
UK Regulatory
TIDMBA.
RNS Number : 8909K
BAE SYSTEMS PLC
13 April 2018
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 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 2.5p each
the financial in BAE Systems plc
instrument, type
of instrument
GB0002634946
Identification
code
--- ------------------------- --------------------------------------------
b) Nature of the Exercise of performance shares
transaction in the form of nil cost options
under the Long Term Incentive
Plan - 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 option
(sourced from
Treasury shares) Nil 19,230
-------------------- ---------- -------
Sale of shares,
to satisfy income
tax and NIC
liability GBP5.915 10,525
-------------------- ---------- -------
Shares Retained 8,705
-------------------------------- -------
--- ------------------------- --------------------------------------------
d) Aggregated information Aggregated volume:
Exercise
Volume: 19,230
- Aggregated volume Price GBP: Nil
-------------------------------
- Price Shares sold (sold to satisfy
income tax and NIC liability)
Volume: 10,525
Price GBP: GBP62,255.38
-------------------------------
--- ------------------------- --------------------------------------------
e) Date of the transaction 2018-04-12
--- ------------------------- --------------------------------------------
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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