27th Feb 2006 07:00
BAE SYSTEMS PLC24 February 2006 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 been notified by the trustee of the BAE Systems Share IncentivePlan, Hill Samuel ESOP Trustees Limited, that on 21 February 2006 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 439 pence per share. Thetransactions took place on the London Stock Exchange. The shares are held inthe name of Lloyds TSB Registrars Corporate Nominee Limited. The number of shares purchased by PDMRs is as follows: Name of PDMR Number of BAE Systems plc Ordinary shares acquired Steve Mogford 29Ian King 29 2. Notification made in accordance with Disclosure rule 3.1.4R(1)(b) of theDisclosure Rules. The Company has been notified by the trustee of the BAE Systems Share IncentivePlan, Hill Samuel ESOP Trustees Limited, that the trustee has transferred 5,040ordinary shares of 2.5 pence each in BAE Systems plc for nil consideration fromLloyds TSB Registrars Corporate Nominee Limited AESOP1 (allocated shares) toLloyds TSB Registrars Corporate Nominee Limited AESOP2 (unallocated shares).The transfer was made following the forfeiture of shares, under the Rules of theBAE Systems Share Incentive Plan, from participants who have left the BAESystems group. Each of the following individuals, as executive directors and potentialparticipants in the BAE Systems Share Incentive Plan, are deemed, along withcertain other group employees, to have an interest in the aggregate balance of109,274 shares now held by Lloyds TSB Registrars Corporate Nominee Ltd AESOP2(unallocated shares): • Chris Geoghegan • Michael Lester • Steve Mogford • Mark Ronald • George Rose • Mike Turner. 24 February 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
BAE Systems