Director/PDMR Shareholding

Released : 06 Apr 2017 10:05

RNS Number : 7938B
BAE SYSTEMS PLC
06 April 2017
 

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

 

 

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

 

£4.115

129,526

Shares retained to settle the cost of exercise

 

£6.395

83,347

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

 

£6.395

46,179

Shares Retained


Nil

d)

 

Aggregated information

 

 

- Aggregated volume

 

- Price

 

 

 

 

 

 

 

 

 

 

 

Aggregated volume:

 

Exercise

Volume:  129,526

Price GBP:  £532,999.49

 

Shares retained to settle the cost of exercise

Volume:  83,347

Price GBP:  £533,004.06

 

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

Volume:  46,179

Price GBP:  £295,314.70

 

e)

 

Date of the transaction

 

2017-04-05

 

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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