22nd Dec 2006 12:48
BAE SYSTEMS PLC22 December 2006 BAE SYSTEMS plc NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIESOR 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 by the trustee of the BAE Systems ShareIncentive Plan, Hill Samuel ESOP Trustees Limited, that on 21 December 2006 thefollowing Persons Discharging Managerial Responsibility ("PDMRs") purchasedordinary shares of 2.5 pence each in BAE Systems plc under the PartnershipShares element of the BAE Systems Share Incentive Plan at a price of 421.25pence per share. The transactions took place on the London Stock Exchange. Theshares are held in the name of Lloyds TSB Registrars Corporate Nominee Limited. The number of shares purchased or acquired by PDMRs is as follows: Name of PDMR Number of BAE Systems plc Ordinary shares acquired Steve Mogford 30Ian King 29 2. Notification made in accordance with Disclosure rule 3.1.4R(1)(b) of theDisclosure Rules. The Company has today been notified by the trustee of the BAE Systems ShareIncentive Plan, Hill Samuel ESOP Trustees Limited, that the trustee hastransferred 9,144 ordinary shares of 2.5 pence each in BAE Systems plc for nilconsideration from Lloyds TSB Registrars Corporate Nominee Limited AESOP1(allocated shares) to Lloyds TSB Registrars Corporate Nominee Limited AESOP2(unallocated shares). The transfer was made following the forfeiture of shares,under the Rules of the BAE Systems Share Incentive Plan, from participants whohave left the BAE Systems group. Each of the executive directors of the Company are deemed, along with certainother group employees, to have an interest in the aggregate balance of 148,063shares now held by Lloyds TSB Registrars Corporate Nominee Ltd AESOP2(unallocated shares). 3. 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 was notified today that Mark Ronald, a Person Discharging ManagerialResponsibilities, exercised an option over 384,583 ordinary shares of 2.5 penceeach in BAE Systems plc under the BAE Systems Share Option Plan on 21 December2006 at a consideration of 172 pence per share. The shares were subsequentlysold on 21 December 2006 at 422.25 pence per share. This transaction took placeon the London Stock Exchange. The Company has also been notified today that Mark Ronald has sold 49,179ordinary shares of 2.5 pence each in BAE Systems plc on 22 December 2006 at423.25 pence per share. This transaction took place on the London StockExchange. 22 December 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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