Search
Regulatory Story
Company BAE SYSTEMS PLC
TIDM BA.
Headline Director/PDMR Shareholding
Released 11:01 09-Sep-2019
Number 6678L11

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

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHUKVKRKKAKRRR
London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.