9th Sep 2019 11:01
BAE Systems Long Term incentive Plan ("LTIP")
BAE Systems plc announces that on 6 September 2019 it made the following awards over ordinary shares of 2.5p each in BAE Systems plc under the LTIP to Mark Phillips, a Person Discharging Managerial Responsibilities ("PDMR") as specified below:
1. Share Options, at an option price of 563.4 pence per share:
Number of shares granted under option | 19,960 |
2. Performance Shares granted in the form of nil cost options:
Number of shares granted under option | 16,963 |
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||||||||||
a)
| Name
| Mark Phillips | ||||||||||||
2
| Reason for the notification
| |||||||||||||
a)
| Position/status
| Group Communications Director | ||||||||||||
b)
| Initial notification /Amendment
| Initial notification | ||||||||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||||||
a)
| Name
| BAE Systems plc | ||||||||||||
b)
| LEI
| 8SVCSVKSGDWMW2QHOH83
| ||||||||||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||||||||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 2.5p each in BAE Systems plc
GB0002634946 | ||||||||||||
b)
| Nature of the transaction
| Award of shares under the LTIP: •Share Options at an option price of £5.634 per share; and •Performance Shares in the form of a nil-cost option. | ||||||||||||
c)
| Price(s) and volume(s)
|
| ||||||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Aggregated volume: 36,923 shares
£00.00 | ||||||||||||
e)
| Date of the transaction
| 2019-09-06 | ||||||||||||
f)
| Place of the transaction | Outside trading venue | ||||||||||||
9 September 2019
Related Shares:
BAE Systems