BAE Systems PLC

Director's Dealing • May 24, 2017

National Storage Mechanism | Additional information

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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

END

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