Directors dealings: BAE Systems non-exec picks up some shares
Elizabeth Corley, a non-executive director at BAE Systems, picked up a hefty amount of shares in the aerospace manufacturer at the end of the week.
On Friday Corley purchased 10,000 ordinary shares at an individual price of 511p each.
In a research note published on 24 June, analysts at Goldman Sachs estimated that each 1.0% move in cable would have a 1.19% impact on BAE System´s earnings before interest, taxes and amortisation.
As predicted, the company´s shares were one of the few that managed to more than recover from the losses incurred in the immediate aftermath of Brexit as the pound lost value.
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