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1
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Details of the person discharging managerial responsibilities /person closely associated |
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a)
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Name
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David Armstrong |
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2
|
Reason for the notification
|
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a)
|
Position/status
|
Group Managing Director, Digital Intelligence |
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b)
|
Initial notification /Amendment |
Initial notification |
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3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
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a)
|
Name
|
BAE Systems plc |
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b)
|
LEI
|
8SVCSVKSGDWMW2QHOH83
|
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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
|
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|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 2.5p each in BAE Systems plc
GB0002634946 |
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b)
|
Nature of the transaction
|
Exercise of 51,994 share options under the BAE Systems Long Term Incentive Plan ("LTIP") and the subsequent sale of 9,853 shares to satisfy income tax, NIC liability and the balance of the cost of exercise.
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c)
|
Price(s) and volume(s)
|
|
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|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Exercise Volume: 51,994 Price GBP: £302,501.09
Shares retained to settle the cost of exercise Volume: 34,295 Price GBP: £272,508.07
Shares sold to satisfy income tax, NIC liability and the balance of the cost of exercise Volume: 9,853 Price GBP: £78,291.94
|
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e)
|
Date of the transaction
|
22-08-09 |
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f)
|
Place of the transaction
|
XLON - London Stock Exchange |
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