RNS Number : 0943G
BAE SYSTEMS PLC
24 May 2017
 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Philip Bramwell

2

 

Reason for the notification

 

a)

 

Position/status

 

Group General Counsel

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 (sourced from Treasury shares)

 

Nil

10,270

Sale of shares, to satisfy income tax and NIC liability

 

£6.435

5,683

Shares Retained


4,587

d)

 

Aggregated information

 

 

- Aggregated volume

 

- Price

 

 

 

 

 

 

 

Aggregated volume:

 

Exercise

Volume:  10,270

Price GBP:  Nil

 

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

Volume:  5,683

Price GBP:  £36,570.11

 

e)

 

Date of the transaction

 

2017-05-23

 

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Alan Garwood

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Business Development 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 and the sale of those shares

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

 

 

 

 

 

 

 

Price

Volume

Acquisition of shares on exercise of share option (sourced from Treasury shares)

 

Nil

13,931

Sale of shares, including those sold to satisfy income tax and NIC liability

 

£6.45

13,931

d)

 

Aggregated information

 

 

- Aggregated volume

 

- Price

 

 

 

 

 

 

 

Aggregated volume:

 

Exercise

Volume:  13,931

Price GBP:  Nil

 

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

Volume:  13,931

Price GBP:  £89,854.95

 

e)

 

Date of the transaction

 

2017-05-23

 

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

 

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Nigel Whitehead

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Managing Director, Programmes and Support

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 and the sale of those shares

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

 

 

 

 

 

 

 

Price

Volume

Acquisition of shares on exercise of share option (sourced from Treasury shares)

 

Nil

10,270

Sale of shares, including those sold to satisfy income tax and NIC liability

 

£6.43616

10,270

d)

 

Aggregated information

 

 

- Aggregated volume

 

- Price

 

 

 

 

 

 

 

Aggregated volume:

 

Exercise

Volume:  10,270

Price GBP:  Nil

 

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

Volume:  10,270

Price GBP:  £66,099.36

 

e)

 

Date of the transaction

 

2017-05-23

 

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Nigel Whitehead

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Managing Director, Programmes and Support

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 share options and the subsequent disposal of those shares

c)

 

Price(s) and volume(s)

 

 

 

Price

Volume

Acquisition of shares on exercise of share option (sourced from Treasury shares)

 

£4.115

150,092

Shares retained to settle the cost of exercise

 

£6.43616

95,963

Sale of shares, including those sold to satisfy income tax and NIC liability

 

£6.43616

54,129

Shares Retained


Nil

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

- Price

 

 

 

 

 

 

 

 

 

 

 

Aggregated volume:

 

Exercise

Volume:  150,092

Price GBP:  £617,628.58

 

Shares retained to settle the cost of exercise

Volume:  95,963

Price GBP:  £617,633.22

 

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

Volume:  54,129

Price GBP:  £348,382.90

 

e)

 

Date of the transaction

 

2017-05-23

 

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

 


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