3rd Oct 2006 16:09
BAE SYSTEMS PLC03 October 2006 NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIALRESPONSIBILITIES OR THEIR CONNECTED PERSONS (1) Notification made in accordance with Section 324 (as extended by Section328) of the Companies Act 1985 and Disclosure rule 3.1.4R(1)(a) of theDisclosure Rules. The Company has today been notified that Mark Ronald, a Person DischargingManagerial Responsibilities, received 85,462 ordinary shares of 2.5 pence eachin BAE Systems plc under the BAE Systems Performance Share Plan on 2 October2006 following the vesting of an award under that Plan. No consideration waspaid on the vesting of the award. 36,283 shares were subsequently sold on 2October 2006 at 399.347 pence each in order to fund the associated withholdingtax incurred on vesting. This transaction took place on the London StockExchange. The retained shares have been registered in the name of Mark Ronald. (2) Notification made in accordance with Disclosure rule 3.1.4R(1)(a) of theDisclosure Rules. The Company has today been notified that Walt Havenstein, a Person DischargingManagerial Responsibilities, received 32,270 ordinary shares of 2.5 pence eachin BAE Systems plc under the BAE Systems Performance Share Plan on 2 October2006 following the vesting of an award under that Plan. No consideration waspaid on the vesting of the award. 8,452 shares were subsequently sold on 2October 2006 at 399.347 pence each in order to fund the associated withholdingtax incurred on vesting. This transaction took place on the London StockExchange. The retained shares have been registered in the name of VidacosNominees Limited A/C SSB1. 3 October 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
BAE Systems