RNS Number : 9990E
BAE SYSTEMS PLC
12 May 2017
 

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 /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

 

 

Exercise of nil cost options under the Performance Share 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

 

Nil

20,622

Sale of shares, to satisfy income tax and NIC liability

 

£6.385

11,396

Shares Retained


9,226

d)

 

Aggregated information

 

 

- Aggregated volume

 

- Price

 

 

 

 

 

 

 

Aggregated volume:

 

Exercise

Volume:  20,622

Price GBP:  Nil

 

Shares sold (sold to satisfy income tax and NIC liability)

Volume:  11,396

Price GBP:  £72,763.46

 

e)

 

Date of the transaction

 

2017-05-11

 

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Kevin Taylor

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Managing Director, Applied Intelligence

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

 

 

Disposal of shares for nil consideration by Kevin Taylor (a person discharging managerial responsibilities) following a transfer of shares to Cheryl Taylor, a person closely associated.

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£0.00

68,000

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 68,000 shares

 

£0.00

e)

 

Date of the transaction

 

2017-05-11

f)

 

Place of the transaction

Outside of a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Stephanie Griffiths

2

 

Reason for the notification

 

a)

 

Position/status

 

Person closely associated to Guy Griffiths (a person discharging managerial responsibilities), Group Managing Director, International

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 0.25p each in BAE Systems plc

 

 

GB0002634946

b)

 

Nature of the transaction

 

 

Sale of shares

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£6.39

20,000

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 20,000 shares

 

£127,800.00

e)

 

Date of the transaction

 

2017-05-11

f)

 

Place of the transaction

XLON - London Stock Exchange

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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