23rd Aug 2005 17:21
BAE SYSTEMS PLC23 August 2005 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 August 2005 by the trustee of the BAE SystemsShare Incentive Plan, Hill Samuel ESOP Trustees Limited, that on 22 August 2005the following Persons Discharging Managerial Responsibility ("PDMRs") purchasedordinary shares of 2.5 pence each in BAE Systems plc under the PartnershipShares element of the BAE Systems Share Incentive Plan at a price of 3.255 penceper share. The transactions took place on the London Stock Exchange. Theshares are held in the 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 38Ian King 38 2. Notification made in accordance with Disclosure rule 3.1.4R(1)(b) of the Disclosure Rules. The Company was notified on 23 August 2005 by the trustee of the BAE SystemsShare Incentive Plan, Hill Samuel ESOP Trustees Limited, that on 22 August 2005the trustee transferred 10,800 ordinary shares of 2.5 pence each in BAE Systemsplc for nil consideration from Lloyds TSB Registrars Corporate Nominee LimitedAESOP1 (allocated shares) to Lloyds TSB Registrars Corporate Nominee LimitedAESOP2 (unallocated shares). The transfer was made following the forfeiture ofshares, under the Rules of the BAE Systems Share Incentive Plan, fromparticipants who have 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 of66,484 shares now held by Lloyds TSB Registrars Corporate Nominee Ltd AESOP2(unallocated shares): • Chris Geoghegan• Michael Lester• Steve Mogford• George Rose• Mike Turner. 23 August 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
BAE Systems