22nd Mar 2007 17:10
BAE SYSTEMS PLC22 March 2007 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 was today notified by the trustee of the BAE Systems Share IncentivePlan, Hill Samuel ESOP Trustees Limited, that on 21 March 2007 the followingPersons Discharging Managerial Responsibility ("PDMRs") purchased ordinaryshares of 2.5 pence each in BAE Systems plc under the Partnership Shares elementof the BAE Systems Share Incentive Plan at a price of 452 pence per share andwere also awarded ordinary shares of 2.5p at nil consideration under theMatching Shares element of the same share plan. The transactions took place onthe London Stock Exchange. The shares are held in the name of Lloyds TSBRegistrars Corporate Nominee Limited. The number of shares purchased or acquired by PDMRs is as follows: Name of PDMR Number of BAE Systems plc Number of BAE Systems plc Ordinary shares purchased - Ordinary shares acquired - Partnership Shares Matching SharesSteve Mogford 28 3Ian King 28 3 2. Notification made in accordance with Disclosure rule 3.1.4R(1)(b) of theDisclosure Rules. The Company was yesterday notified by the trustee of the BAE Systems ShareIncentive Plan, Hill Samuel ESOP Trustees Limited, that the trustee has abalance of 99,575 ordinary shares of 2.5 pence each in BAE Systems plc in LloydsTSB Registrars Corporate Nominee Limited AESOP2 (unallocated shares). Each of the executive directors, are deemed, along with certain other groupemployees, to have an interest in the aggregate balance of 99,575 shares nowheld 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 today notified by the trustee of the BAE Systems ESOP Trust, IFGTrust (Jersey) Limited, that the following PDMRs purchased ordinary shares of2.5p each in BAE Systems plc at a consideration of 456.5 pence per share ("Investment Shares") under the BAE Systems Share Matching Plan on 22 March 2007.The transaction took place on the London Stock Exchange and the shares are heldin the name of IFG Trust (Jersey) Limited. The same PDMRs were concurrentlyawarded a contingent interest in ordinary shares of 2.5p each in BAE Systems plcat nil consideration ("Award Shares") also under the BAE Systems Share MatchingPlan. The number of shares acquired were as follows: Name of PDMR Number of Investment Shares Number of Award Shares acquired acquired (beneficial interest) (contingent interest)Walt Havenstein 11,156 18,947Ian King 27,327 46,410Mike Turner 64,492 109,529Philip Bramwell 7,433 12,623Nigel Whitehead 5,465 9,282 22 March 2007 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
BAE Systems