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BAE Systems PLC — Director's Dealing 2017
Mar 22, 2017
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Director's Dealing
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RNS Number : 2212A
BAE SYSTEMS PLC
22 March 2017
BAE Systems Long Term incentive Plan 2014 ("LTIP")
BAE Systems plc announces that yesterday it made the following awards over ordinary shares of 2.5p each in BAE Systems plc under the LTIP to the Persons Discharging Managerial Responsibilities ("PDMRs") specified below:
1. Share Options, at an option price of 649.0 pence per share:
| Name of PDMR | Number of shares granted under option |
| Thomas Arseneault | 267,026 |
| Philip Bramwell | 98,992 |
| Jerry DeMuro | 503,106 |
| Claire Divver | 70,108 |
| Alan Garwood | 89,618 |
| Guy Griffiths | 100,154 |
| Peter Lynas | 270,543 |
| Lynn Minella | 93,784 |
| Kevin Taylor | 91,941 |
| Nigel Whitehead | 104,160 |
| Charles Woodburn | 346,687 |
2. Performance Shares granted in the form of nil cost options:
| Name of PDMR | Number of shares granted under option |
| Philip Bramwell | 114,222 |
| Claire Divver | 80,894 |
| Alan Garwood | 103,405 |
| Guy Griffiths | 115,562 |
| Peter Lynas | 193,889 |
| Lynn Minella | 108,213 |
| Kevin Taylor | 106,086 |
| Nigel Whitehead | 120,185 |
| Charles Woodburn | 265,794 |
3. Performance Shares granted in the form of conditional awards:
| Name of PDMR | Number of shares granted under award |
| Thomas Arseneault | 131,171 |
| Jerry DeMuro | 312,184 |
4. Restricted Shares granted in the form of conditional awards:
| Name of PDMR | Number of shares under award |
| Thomas Arseneault | 65,585 |
| Jerry DeMuro | 129,002 |
BAE Systems Deferred Bonus Plan ("DBP")
5. In addition, yesterday the following PDMRs purchased ordinary shares of 2.5p each at a consideration of 645.3 pence per share under the DBP ("Deferred Shares"):
| Name of PDMR | Number of Deferred Shares acquired (beneficial interest) |
| Philip Bramwell | 12,862 |
| Jerry DeMuro | 47,933 |
| Claire Divver | 9,033 |
| Alan Garwood | 11,524 |
| Guy Griffiths | 9,998 |
| Ian King | 51,385 |
| Peter Lynas | 21,240 |
| Lynn Minella | 11,875 |
| Kevin Taylor | 4,251 |
| Nigel Whitehead | 13,210 |
| Charles Woodburn | 23,249 |
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Tom Arseneault
2
Reason for the notification
a)
Position/status
Chief Operating Officer, BAE Systems Inc
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
Award of shares under the LTIP:
· Share Options at an option price of £6.49 per share;
· Performance Shares in the form of a conditional award; and
· Restricted Shares in the form of a conditional award.
c)
Price(s) and volume(s)
| Award | Price(s) | Volume(s) |
| Share Options | Nil consideration | 267,026 |
| Performance Shares | Nil consideration | 131,171 |
| Restricted Shares | Nil consideration | 65,585 |
| Total: | 463,782 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 463,782 shares
£00.00
e)
Date of the transaction
Award made on 2017-03-21
f)
Place of the transaction
-
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
Award of shares under the LTIP:
· Share Options at an option price of £6.49 per share; and
· Performance Shares in the form of a nil-cost option.
c)
Price(s) and volume(s)
| Award | Price(s) | Volume(s) |
| Share Options | Nil consideration | 98,992 |
| Performance Shares | Nil consideration | 114,222 |
| Total: | 213,214 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 213,214 shares
£00.00
e)
Date of the transaction
Award made on 2017-03-21
f)
Place of the transaction
-
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
Purchase of deferred shares under the DBP.
c)
Price(s) and volume(s)
| Price | Volume |
| £6.453 | 12,862 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 12,862 shares
£82,998.49
e)
Date of the transaction
2017-03-21
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Jerry DeMuro
2
Reason for the notification
a)
Position/status
President & Chief Executive Officer, BAE Systems Inc 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
Award of shares under the LTIP:
· Share Options at an option price of £6.49 per share;
· Performance Shares in the form of a conditional award; and
· Restricted Shares in the form of a conditional award.
c)
Price(s) and volume(s)
| Award | Price(s) | Volume(s) |
| Share Options | Nil consideration | 503,106 |
| Performance Shares | Nil consideration | 312,184 |
| Restricted Shares | Nil consideration | 129,002 |
| Total: | 944,292 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 944,292 shares
£00.00
e)
Date of the transaction
Award made on 2017-03-21
f)
Place of the transaction
-
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Jerry DeMuro
2
Reason for the notification
a)
Position/status
President & Chief Executive Officer, BAE Systems Inc 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
Purchase of deferred shares under the DBP.
c)
Price(s) and volume(s)
| Price | Volume |
| £6.453 | 47,933 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 47,933 shares
£309,311.65
e)
Date of the transaction
2017-03-21
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Claire Divver
2
Reason for the notification
a)
Position/status
Group Communications 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
Award of shares under the LTIP:
· Share Options at an option price of £6.49 per share; and
· Performance Shares in the form of a nil-cost option.
c)
Price(s) and volume(s)
| Award | Price(s) | Volume(s) |
| Share Options | Nil consideration | 70,108 |
| Performance Shares | Nil consideration | 80,894 |
| Total: | 151,002 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 151,002 shares
£00.00
e)
Date of the transaction
Award made on 2017-03-21
f)
Place of the transaction
-
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Claire Divver
2
Reason for the notification
a)
Position/status
Group Communications 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
Purchase of deferred shares under the DBP.
c)
Price(s) and volume(s)
| Price | Volume |
| £6.453 | 9,033 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 9,033 shares
£58,289.95
e)
Date of the transaction
2017-03-21
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
Award of shares under the LTIP:
· Share Options at an option price of £6.49 per share; and
· Performance Shares in the form of a nil-cost option.
c)
Price(s) and volume(s)
| Award | Price(s) | Volume(s) |
| Share Options | Nil consideration | 89,618 |
| Performance Shares | Nil consideration | 103,405 |
| Total: | 193,023 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 193,023 shares
£00.00
e)
Date of the transaction
Award made on 2017-03-21
f)
Place of the transaction
-
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
Purchase of deferred shares under the DBP.
c)
Price(s) and volume(s)
| Price | Volume |
| £6.453 | 11,524 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 11,524 shares
£74,364.37
e)
Date of the transaction
2017-03-21
f)
Place of the transaction
XLON - London Stock Exchange
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 2.5p each in BAE Systems plc
GB0002634946
b)
Nature of the transaction
Award of shares under the LTIP:
· Share Options at an option price of £6.49 per share; and
· Performance Shares in the form of a nil-cost option.
c)
Price(s) and volume(s)
| Award | Price(s) | Volume(s) |
| Share Options | Nil consideration | 100,154 |
| Performance Shares | Nil consideration | 115,562 |
| Total: | 215,716 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 215,716 shares
£00.00
e)
Date of the transaction
Award made on 2017-03-21
f)
Place of the transaction
-
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 2.5p each in BAE Systems plc
GB0002634946
b)
Nature of the transaction
Purchase of deferred shares under the DBP.
c)
Price(s) and volume(s)
| Price | Volume |
| £6.453 | 9,998 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 9,998 shares
£64,517.09
e)
Date of the transaction
2017-03-21
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 2.5p each in BAE Systems plc
GB0002634946
b)
Nature of the transaction
Purchase of deferred shares under the DBP.
c)
Price(s) and volume(s)
| Price | Volume |
| £6.453 | 51,385 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 51,385 shares
£331,587.40
e)
Date of the transaction
2017-03-21
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Peter Lynas
2
Reason for the notification
a)
Position/status
Group Finance Director 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
Award of shares under the LTIP:
· Share Options at an option price of £6.49 per share; and
· Performance Shares in the form of a nil-cost option.
c)
Price(s) and volume(s)
| Award | Price(s) | Volume(s) |
| Share Options | Nil consideration | 270,543 |
| Performance Shares | Nil consideration | 193,889 |
| Total: | 464,432 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 464,432 shares
£00.00
e)
Date of the transaction
Award made on 2017-03-21
f)
Place of the transaction
-
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Peter Lynas
2
Reason for the notification
a)
Position/status
Group Finance Director 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
Purchase of deferred shares under the DBP.
c)
Price(s) and volume(s)
| Price | Volume |
| £6.453 | 21,240 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 21,240 shares
£137,061.72
e)
Date of the transaction
2017-03-21
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 2.5p each in BAE Systems plc
GB0002634946
b)
Nature of the transaction
Award of shares under the LTIP:
· Share Options at an option price of £6.49 per share; and
· Performance Shares in the form of a nil-cost option.
c)
Price(s) and volume(s)
| Award | Price(s) | Volume(s) |
| Share Options | Nil consideration | 93,784 |
| Performance Shares | Nil consideration | 108,213 |
| Total: | 201,997 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 201,997 shares
£00.00
e)
Date of the transaction
Award made on 2017-03-21
f)
Place of the transaction
-
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 2.5p each in BAE Systems plc
GB0002634946
b)
Nature of the transaction
Purchase of deferred shares under the DBP.
c)
Price(s) and volume(s)
| Price | Volume |
| £6.453 | 11,875 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 11,875 shares
£76,629.38
e)
Date of the transaction
2017-03-21
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
Award of shares under the LTIP:
· Share Options at an option price of £6.49 per share; and
· Performance Shares in the form of a nil-cost option.
c)
Price(s) and volume(s)
| Award | Price(s) | Volume(s) |
| Share Options | Nil consideration | 91,941 |
| Performance Shares | Nil consideration | 106,086 |
| Total: | 198,027 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 198,027 shares
£00.00
e)
Date of the transaction
Award made on 2017-03-21
f)
Place of the transaction
-
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
Purchase of deferred shares under the DBP.
c)
Price(s) and volume(s)
| Price | Volume |
| £6.453 | 4,251 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 4,251 shares
£27,431.70
e)
Date of the transaction
2017-03-21
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
Award of shares under the LTIP:
· Share Options at an option price of £6.49 per share; and
· Performance Shares in the form of a nil-cost option.
c)
Price(s) and volume(s)
| Award | Price(s) | Volume(s) |
| Share Options | Nil consideration | 104,160 |
| Performance Shares | Nil consideration | 120,185 |
| Total: | 224,345 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 224,345 shares
£00.00
e)
Date of the transaction
Award made on 2017-03-21
f)
Place of the transaction
-
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
Purchase of deferred shares under the DBP.
c)
Price(s) and volume(s)
| Price | Volume |
| £6.453 | 13,210 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 13,210 shares
£85,244.13
e)
Date of the transaction
2017-03-21
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Charles Woodburn
2
Reason for the notification
a)
Position/status
Chief Operating Officer 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
Award of shares under the LTIP:
· Share Options at an option price of £6.49 per share; and
· Performance Shares in the form of a nil-cost option.
c)
Price(s) and volume(s)
| Award | Price(s) | Volume(s) |
| Share Options | Nil consideration | 346,687 |
| Performance Shares | Nil consideration | 265,794 |
| Total: | 612,481 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 612,481 shares
£00.00
e)
Date of the transaction
Award made on 2017-03-21
f)
Place of the transaction
-
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Charles Woodburn
2
Reason for the notification
a)
Position/status
Chief Operating Officer 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
Purchase of deferred shares under the DBP.
c)
Price(s) and volume(s)
| Price | Volume |
| £6.453 | 23,249 |
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 23,249 shares
£150,025.80
e)
Date of the transaction
2017-03-21
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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