BAE SYSTEMS PLC Director/PDMR Shareholding (9857J)

TIDMBA.

RNS Number : 9857J

BAE SYSTEMS PLC

22 August 2019

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Christopher Boardman 
     --------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status             Group Managing Director, Air 
     --------------------------  -------------------------------------------- 
 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 the          Ordinary shares of 2.5p each in BAE 
       financial instrument,       Systems plc 
       type of instrument 
 
       Identification code 
                                   GB0002634946 
     --------------------------  -------------------------------------------- 
 b)   Nature of the transaction   Exercise of options over 16,288 Performance 
                                   Shares under the Long Term Incentive 
                                   Plan ("LTIP") and subsequent sale 
                                   of 16,288 shares. 
     --------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)                          Price         Volume 
                                     Acquisition 
                                      of shares 
                                      on exercise 
                                      of share 
                                      option           Nil           16,288 
                                                      ------------  ------- 
                                     Sale of shares    GBP5.57800    16,288 
                                                      ------------  ------- 
     --------------------------  -------------------------------------------- 
 d)   Aggregated information        Exercise 
                                      Volume: 16,288 
       - Aggregated volume            Price GBP: nil 
                                     Shares sold 
       - Price                        Volume: 16,288 
                                      Price GBP: GBP90,854.46 
     --------------------------  -------------------------------------------- 
 e)   Date of the transaction     2019-08-21 
     --------------------------  -------------------------------------------- 
 f)   Place of the transaction    XLON - London Stock Exchange 
     --------------------------  -------------------------------------------- 
 

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August 22, 2019 11:51 ET (15:51 GMT)