BAE Systems PLC — Director's Dealing 2017

Feb 24, 2017

National Storage Mechanism | Additional information

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RNS Number : 8391X

BAE SYSTEMS PLC

24 February 2017

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Guy Griffiths

2

Reason for the notification

a)

Position/status

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

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 award	£3.89	146,479
Shares retained to settle the cost of exercise	£6.095	88,541
Sale of shares, including those sold to satisfy income tax and NIC liability	£6.095	57,938

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume:

Exercise Volume:  146,479 Price GBP:  £569,803.31
Shares retained to settle the cost of exercise Volume:  88,541 Price GBP:  £539,657.40
Shares sold (including those sold to satisfy income tax and NIC liability) Volume:  57,938 Price GBP:  £353,132.11

e)

Date of the transaction

2017-02-23

f)

Place of the transaction

XLON - London Stock Exchange

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 0.25p 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 award	£3.01	256,279
Shares retained to settle the cost of exercise	£6.11	126,253
Sale of shares, including those sold to satisfy income tax and NIC liability	£6.11	130,026

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume:

Exercise Volume:  256,279 Price GBP:  £771,399.79
Shares retained to settle the cost of exercise Volume:  126,253 Price GBP:  £771,405.83
Shares sold (including those sold to satisfy income tax and NIC liability) Volume:  130,026 Price GBP:  £794.458.86

e)

Date of the transaction

2017-02-23

f)

Place of the transaction

XLON - London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Lynn Minella

2

Reason for the notification

a)

Position/status

Group HR 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 0.25p each in BAE Systems plc

GB0002634946

b)

Nature of the transaction

Exercise of share options, 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 award	£3.29	178,082
Acquisition of shares on exercise of share award	£3.89	150,424
Shares retained to settle the cost of exercise	£6.075	187,656
Sale of shares, including those sold to satisfy income tax and NIC liability	£6.075	112,164
Shares retained		28,686

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume:

Exercise Volume:  328,506 Price GBP:  £1,171,039.14
Shares retained to settle the cost of exercise Volume:  187,656 Price GBP:  £1,140,010.20
Shares sold (including those sold to satisfy income tax and NIC liability) Volume:  112,164 Price GBP:  £681,396.30

e)

Date of the transaction

2017-02-23

f)

Place of the transaction

XLON - London Stock Exchange

This information is provided by RNS

The company news service from the London Stock Exchange

END

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