REG - BAE SYSTEMS PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">BAES.L</Origin>

BAE SystemsAnnouncement

26/03/2015 12:01

RNS Number : 5751I
BAE SYSTEMS PLC
26 March 2015
BAE SYSTEMS plc
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR") OR THEIR CONNECTED PERSONS
Notifications made in accordance with DTR 3.1.4R(1)(a) of the Disclosure Rules and Transparency Rules:
(i) The Company was notified yesterday that the following PDMRs purchased ordinary shares of 2.5p each in BAE Systems plc at a consideration of 544.55 pence per share ("Deferred Shares") under the BAE Systems Deferred Bonus Plan on 25 March 2015. The transaction took place on the London Stock Exchange. The number of shares acquired was as follows: 
Name of PDMR
Number of Deferred Shares acquired (beneficial interest)
Philip Bramwell
13,326
Jerry DeMuro
25,077
Claire Divver
9,024
Alan Garwood
10,717
Guy Griffiths
12,797
Ian King
53,889
Peter Lynas
21,780
Lynn Minella
12,240
Kevin Taylor
11,543
Nigel Whitehead
16,380
(ii) The Company yesterday granted options over ordinary shares of 2.5p each in BAE Systems plc under the BAE Systems Long-term Incentive Plan 2014 ("Share Options") to the following PDMRs as set out below:
Name of PDMR
Number of shares granted under option
Thomas Arseneault
258,380
Philip Bramwell
113,848
Jerry DeMuro
472,579
Claire Divver
77,880
Alan Garwood
102,969
Guy Griffiths
113,824
Ian King
532,562
Peter Lynas
308,018
Lynn Minella
107,834
Kevin Taylor
107,834
Nigel Whitehead
119,815
The option price is 542.5 pence per share
(iii) The Company yesterday granted options over ordinary shares of 2.5p each in BAE Systems plc under the BAE Systems Long-Term Incentive Plan 2014 ("Performance Shares") at nil consideration to the following PDMRs as set out below:
Name of PDMR
Number of shares granted under option/award
Thomas Arseneault*
126,923
Philip Bramwell
131,364
Jerry DeMuro*
293,241
Claire Divver
89,861
Alan Garwood
118,811
Guy Griffiths
131,336
Ian King
443,801
Peter Lynas
220,746
Lynn Minella
124,423
Kevin Taylor
124,423
Nigel Whitehead
138,248
* awards granted to the US PDMRs are automatically released, subject to the performance condition having been met, without the need to exercise an option. 
(iv)Conditional awards of shares were granted yesterday under the BAE Systems Long-Term Incentive Plan 2014 ("Restricted Shares") over ordinary shares of 2.5p each in BAE Systems plc at nil consideration to the following PDMRs as set out below:
Name of PDMR
Number of shares under award
Jerry DeMuro
121,174
Thomas Arseneault
63,461
26 March 2015

This information is provided by RNS
The company news service from the London Stock Exchange
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