REG - BAE SYSTEMS PLC - Director/PDMR Shareholding

BAE SystemsAnnouncement

27/03/2019 16:15

RNS Number : 2275U
BAE SYSTEMS PLC
27 March 2019
 


Director/PDMR Shareholding
 
 
BAE Systems plc announces that certain Persons Discharging Management Responsibility (PDMRs) have acquired ordinary 2.5p shares derived from performance and restricted share awards granted under the Company's executive share plans at nil consideration; and a number of the shares were subsequently sold.
 
The details of these transactions, which took place on the London Stock Exchange, are set out below.
 
1.  BAE Systems Long Term Incentive Plan - Performance Shares
 




 


Number of shares exercised


Number of shares sold


Sale price (per share)




Thomas Arseneault


16,392


6,823


462.18 pence




Jerry DeMuro


38,162


16,363


462.18 pence




 
 
2. BAE Systems Long Term Incentive Plan - Restricted Shares
 




 


Number of shares acquired


Number of shares sold


Sale price (per share)




Thomas Arseneault


79,056


32,907


462.18 pence




Jerry DeMuro


154,688


66,326


462.18pence




 
3. BAE Systems Restricted Share Plan
 




 


Number of shares exercised


Number of shares sold


Sale price (per share)




Thomas Arseneault


133,567


55,597


453.26 pence




 
 
 
 
 


 
 




1
 


Details of the person discharging managerial responsibilities / person closely associated




a)
 


Name
 


Tom Arseneault




2
 


Reason for the notification
 




a)
 


Position/status
 


Chief Operating Officer, BAE Systems, Inc.




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
 
 


Acquisition of shares under the Long Term Incentive Plan - Performance and Restricted Shares  and, the subsequent disposal of some of those shares and retention of the balance of shares
 




c)
 


Price(s) and volume(s)
 
 
 
 
 
 
 


 




 


Price


Volume




Acquisition of shares on release of share awards
 


Nil


95,448




Sale of shares, including those sold to satisfy tax  liabilities
 


£4.6218


39,730




Shares retained
 


 


55,718




 


 


 




 




d)
 


Aggregated information
 
- Aggregated volume
 
- Price
 


 




Acquisition
Volume:  95,448
Price GBP:  Nil
 




Shares sold (including those sold to satisfy tax  liabilities)
Volume:  39,730
Price GBP:  £183,624.11
 




 




e)
 


Date of the transaction
 


2019-03-25




f)
 


Place of the transaction
 


XLON - London Stock Exchange




 
 
 
 




1
 


Details of the person discharging managerial responsibilities / person closely associated




a)
 


Name
 


Tom Arseneault




2
 


Reason for the notification
 




a)
 


Position/status
 


Chief Operating Officer, BAE Systems, Inc.




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
 
 


Acquisition of shares under the Restricted Share Plan and, the subsequent disposal of some of those shares and retention of the balance of shares
 




c)
 


Price(s) and volume(s)
 
 
 
 
 
 
 


 




 


Price


Volume




Acquisition of shares on release of share awards
 


Nil


133,567




Sale of shares, including those sold to satisfy tax  liabilities
 


£4.5326


55,597




Shares retained
 


 


77,970




 


 


 




 




d)
 


Aggregated information
 
- Aggregated volume
 
- Price
 


 




Acquisition
Volume:  133,567
Price GBP:  Nil
 




Shares sold (including those sold to satisfy tax  liabilities)
Volume:  55,597
Price GBP:  £251,998.96
 




 




e)
 


Date of the transaction
 


2019-03-26




f)
 


Place of the transaction
 


XLON - London Stock Exchange




 
 




1
 


Details of the person discharging managerial responsibilities / person closely associated




a)
 


Name
 


Jerry DeMuro




2
 


Reason for the notification
 




a)
 


Position/status
 


President & Chief Executive Officer, BAE Systems, Inc. and Director




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
 
 


Acquisition of shares under the Long Term Incentive Plan - Performance and Restricted Shares and, the subsequent disposal of some of those shares and retention of the balance of shares
 




c)
 


Price(s) and volume(s)
 
 
 
 
 
 
 


 




 


Price


Volume




Acquisition of shares on release of share award
 


Nil


192,850




Sale of shares, including those sold to satisfy tax  liabilities
 


£4.6218


82,689




Shares retained
 


 


110,161




 


 


 




 




d)
 


Aggregated information
 
- Aggregated volume
 
- Price
 


 




Acquisition
Volume:  192,850
Price GBP:  Nil
 




Shares sold (including those sold to satisfy tax  liabilities)
Volume:  82,689
Price GBP:  £382,172.02
 




 




e)
 


Date of the transaction
 


2019-03-25




f)
 


Place of the transaction
 


XLON - London Stock Exchange




 
 




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