23rd Dec 2008 14:11
BAE SYSTEMS plc
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR THEIR CONNECTED PERSONS
Notification made in accordance with DTR 3.1.4R(1)(a) of the Disclosure Rules and Transparency Rules:
The Company was notified today that Walt Havenstein, a Person Discharging Managerial Responsibilities, had vested shares automatically released to him on 22 December 2008 at nil consideration under the Stock Appreciation Rights (SAR) schedule to the BAE Systems Performance Share Plan, the relevant performance conditions having previously been attained. Some of the shares were subsequently disposed of as indicated below and the transaction took place on the London Stock Exchange.
|
Name of PDMR |
No. of vested shares released |
No. of shares sold |
Price per share at which sold |
|
Walt Havenstein |
3,220 |
1,384 |
342.25 pence |
23 December 2008
Related Shares:
BAE Systems