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Director/PDMR Shareholding

30th Sep 2008 17:07

RNS Number : 7565E
BAE SYSTEMS PLC
30 September 2008
 



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 today at nil consideration under the Stock Appreciation Rights (SAR) schedule to the BAE Systems Performance Share Plan following attainment of the relevant performance conditions. 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

32,271

11,720

399.36 pence

30 September 2008

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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