REG - BAE SYSTEMS PLC - Director/PDMR Shareholding

BAE SystemsAnnouncement

05/08/2020 11:00

RNS Number : 2314V
  
BAE SYSTEMS PLC
  
05 August 2020
  
 




1 
 


Details of the person discharging managerial responsibilities / person closely associated 




a) 
 


Name 
 


Christopher Boardman




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 


Group Managing Director, Air




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 21,981 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 3,241 shares including those sold to satisfy income tax and NIC liability
 




c) 
 


Price(s) and volume(s) 
 
 


 







Price 


Volume




Acquisition of shares on exercise of share option


Nil


21,981




Shares including those sold to satisfy income tax and NIC liability


£5.08331


19,079




Shares retained






2,902








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 
 


 



Exercise
Volume: 21,981
Price GBP: nil




Shares sold including those sold to satisfy income tax and NIC liability 
Volume: 19,079
Price GBP: £96,984.47








e) 
 


Date of the transaction 
 
 


2020-08-03




f) 
 


Place of the transaction 


XLON - London Stock Exchange



 
 



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 39,069 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 18,141 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


39,069




Sale of shares to satisfy income tax and NIC liability


£4.848


18,141




Shares retained






20,928








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 
 
 
 


 



Exercise
Volume: 39,069
Price GBP: nil




Shares sold to satisfy income tax and NIC liability
Volume: 18,141
Price GBP: £87,947.56








e) 
 


Date of the transaction 
 
 


2020-08-03




f) 
 


Place of the transaction 


XLON - London Stock Exchange



 
 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 




a) 
 


Name 
 


Charles Woodburn




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 


Chief Executive 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 
 


Exercise of options over 49,525 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 3,241 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


49,525




Sale of shares to satisfy income tax and NIC liability


£4.8751


23,310




Shares retained






26,215








d) 
 


Aggregated information 
 
- Aggregated volume 
 
- Price 
 
 
 


 



Exercise
Volume: 49,525
Price GBP: nil




Shares sold to satisfy income tax and NIC liability
Volume: 23,310
Price GBP: £113,638.58








e) 
 


Date of the transaction 
 
 


2020-08-03




f) 
 


Place of the transaction 


XLON - London Stock Exchange



 


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