BAE SYSTEMS PLC Director/PDMR Shareholding (2768A)
September 10 2018 - 4:50AM
UK Regulatory
TIDMBA.
RNS Number : 2768A
BAE SYSTEMS PLC
10 September 2018
BAE Systems Long Term incentive Plan ("LTIP")
BAE Systems plc announces that on 6 September 2018 it made the
following awards over ordinary shares of 2.5p each in BAE Systems
plc under the LTIP to Andrew Wolstenholme, a Person Discharging
Managerial Responsibilities ("PDMR") as specified below:
1. Share Options, at an option price of 607.2 pence per
share:
Number of shares
granted under
option 98,484
2. Performance Shares granted in the form of nil cost
options:
Number of shares
granted under option 113,636
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Andrew Wolstenholme
-------------------------- -----------------------------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------------------
a) Position/status Group Managing Director, Maritime
and Land UK
-------------------------- -----------------------------------------------------------------
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 Award of shares under the LTIP:
* Share Options at an option price of GBP6.072 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 98,484
------------------- ----------
Performance
Shares Nil consideration 113,636
------------------- ----------
Total: 212,120
----------
-------------------------- -----------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 212,120 shares
- Price GBP00.00
-------------------------- -----------------------------------------------------------------
e) Date of the transaction Award made on 2018-09-06
-------------------------- -----------------------------------------------------------------
f) Place of the transaction -
-------------------------- -----------------------------------------------------------------
10 September 2018
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END
DSHURSKRWKAKARR
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