24th Jan 2006 15:08
BAE SYSTEMS PLC24 January 2006 NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIESOR THEIR CONNECTED PERSONS 1. Notification made in accordance with Section 324 (as extended by Section 328) of the Companies Act 1985 and Disclosure rule 3.1.4R(1)(a) of the Disclosure Rules. The Company was notified on 23 January 2006 by the trustee of the BAE SystemsShare Incentive Plan, Hill Samuel ESOP Trustees Limited, that on 23 January2006 the following Persons Discharging Managerial Responsibility ("PDMRs")purchased ordinary shares of 2.5 pence each in BAE Systems plc under thePartnership Shares element of the BAE Systems Share Incentive Plan at a price of416.75 pence per share. The transactions took place on the London StockExchange. The shares are held in the name of Lloyds TSB Registrars CorporateNominee Limited. The number of shares purchased by PDMRs is as follows: Name of PDMR Number of BAE Systems plc Ordinary shares acquired Steve Mogford 30Ian King 30 2. Notification made in accordance with Disclosure rule 3.1.4R(1)(b) of theDisclosure Rules. The Company was notified on 23 January 2006 by the trustee of the BAE SystemsShare Incentive Plan, Hill Samuel ESOP Trustees Limited, that the trustee hastransferred 3,190 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 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 of104,234 shares now held by Lloyds TSB Registrars Corporate Nominee Ltd AESOP2(unallocated shares): • Chris Geoghegan• Michael Lester• Steve Mogford• George Rose• Mike Turner. 24 January 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
BAE Systems