REG - BAE SYSTEMS PLC - Director/PDMR Shareholding

BAE SystemsAnnouncement

09/09/2019 11:05

RNS Number : 6678L
BAE SYSTEMS PLC
09 September 2019
 


BAE Systems Long Term incentive Plan ("LTIP")
 
BAE Systems plc announces that on 6 September 2019 it made the following awards over ordinary shares of 2.5p each in BAE Systems plc under the LTIP to Mark Phillips, a Person Discharging Managerial Responsibilities ("PDMR") as specified below:
 
1.  Share Options, at an option price of 563.4 pence per share:
 



Number of shares granted under option


19,960



 
2.  Performance Shares granted in the form of nil cost options:
 



Number of shares granted under option


16,963



 
 
 
 



1
 


Details of the person discharging managerial responsibilities / person closely associated




a)
 


Name
 


Mark Phillips




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 £5.634 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


19,960




Performance Shares


Nil consideration


16,963




Total:


 


36,923








d)
 


Aggregated information
 
- Aggregated volume
 
- Price
 


 
 
Aggregated volume: 36,923 shares
 
£00.00




e)
 


Date of the transaction
 
 


2019-09-06




f)
 


Place of the transaction


Outside trading venue



 
9 September 2019
 




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