REG - BAE SYSTEMS PLC - Director/PDMR Shareholding

BAE SystemsAnnouncement

13/04/2021 14:30

RNS Number : 3395V
  
BAE SYSTEMS PLC
  
13 April 2021
  
 

 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 




a) 
 


Name 
 


Philip Bramwell




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 


Group General Counsel 
 




b) 
 


Initial notification /Amendment 
 


Initial notification




3 
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 




a) 
 


Name 
 


BAE Systems plc




b) 
 


LEI 
 


8SVCSVKSGDWMW2QHOH83
 




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 
 




a) 
 


Description of the financial instrument, type of instrument 
 
Identification code 
 


Ordinary shares of 2.5p each in BAE Systems plc 
 
 
 
GB0002634946




b) 
 


Nature of the transaction 
 


Exercise of options over 39,903 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 18,794 shares to satisfy income tax and NIC liability.
 




c) 
 


Price(s) and volume(s) 
 
 


 







Price 


Volume




Acquisition of shares on exercise of share option


Nil


39,903




Sale of shares to satisfy income tax and NIC liability


£5.056


18,794




Shares retained






21,109








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 
 
 
 


 



Exercise
Volume: 39,903
Price GBP: nil




Shares sold to satisfy income tax and NIC liability
Volume: 18,794
Price GBP: £95,022.46








e) 
 


Date of the transaction 
 
 


2021-04-12




f) 
 


Place of the transaction 


XLON - London Stock Exchange



 
 
 

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