IN BRIEF: BAE directors, executives trade shares under incentive plans

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

BAE Systems PLC - London-based defence, aerospace and security company - Several directors and senior managers acquire partnership and matching shares under the company’s share incentive plan. Group General Counsel Ed Gelsthorpe also exercises 8,981 performance shares and sells them for £178,946, and separately exercises 25,789 options, selling 7,789 shares to cover tax while retaining 9,368. Group Managing Director of Air, Simon Barnes, sells 18,000 shares at £19.82 each, worth £356,670, on Friday last week. All transactions take place on the London Stock Exchange.

Current stock price: 1,947.50 pence, down 0.4% on Thursday afternoon in London

12-month change: up 53%

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