REG - BAE SYSTEMS PLC - Director/PDMR Shareholding
23/03/2022 15:30
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RNS Number : 8032F BAE SYSTEMS PLC 23 March 2022
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Glynn Philips
2 Reason for the notification
a) Position/status Group Managing Director Maritime and Land
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 Ordinary shares of 2.5p each in BAE Systems plc
Identification code
GB0002634946
b) Nature of the transaction Exercise of 15,664 options under the Long Term Incentive Plan ("LTIP") and
the subsequent sale of 4,765 shares, including those sold to satisfy income
tax and NIC liabilities.
c) Price(s) and volume(s)
Acquisition of shares on exercise of share option £4.405 15,664
Shares retained to settle the cost of exercise £7.260 9,505
Sale of shares, including those sold to satisfy income tax and NIC liability £7.260 4,765
Shares retained 1,394
d) Aggregated information Exercise
Volume: 15,664
- Aggregated volume Price GBP: £68,999.92
- Price Shares retained to settle the cost of exercise
Volume: 9,505
Price GBP: £69,006.30
Shares sold, including those sold to satisfy income tax and NIC liability
Volume: 4,765
Price GBP: £34,593.90
e) Date of the transaction 2022-03-21
f) Place of the transaction XLON - London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 15,664
Price GBP: £68,999.92
Shares retained to settle the cost of exercise
Volume: 9,505
Price GBP: £69,006.30
Shares sold, including those sold to satisfy income tax and NIC liability
Volume: 4,765
Price GBP: £34,593.90
e)
Date of the transaction
2022-03-21
f)
Place of the transaction
XLON - London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Glynn Philips
2 Reason for the notification
a) Position/status Group Managing Director Maritime and Land
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 Ordinary shares of 2.5p each in BAE Systems plc
Identification code
GB0002634946
b) Nature of the transaction Exercise of 6,576 performance shares under the Long Term Incentive Plan
("LTIP") and the subsequent sale of 4,839 shares, including those sold to
satisfy income tax and NIC liabilities.
c) Price(s) and volume(s)
Price Volume
Acquisition of shares on exercise of share option Nil 6,576
Sale of shares, including those sold to satisfy income tax and NIC liability £7.260 4,839
Shares retained 1,737
d) Aggregated information
Exercise
Volume: 6,576
- Aggregated volume
Price GBP: nil
Shares sold, including those sold to satisfy income tax
- Price Volume: 4,839
Price GBP: £35,131.14
e) Date of the transaction 2022-03-21
f) Place of the transaction XLON - London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 6,576
Price GBP: nil
Shares sold, including those sold to satisfy income tax
Volume: 4,839
Price GBP: £35,131.14
e)
Date of the transaction
2022-03-21
f)
Place of the transaction
XLON - London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Thomas Arseneault
2 Reason for the notification
a) Position/status President & CEO of 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 Ordinary shares of 2.5p each in BAE Systems plc
Identification code
GB0002634946
b) Nature of the transaction Acquisition of 77,240 performance shares under the Long Term Incentive Plan
("LTIP") and the subsequent sale of 34,923 shares to satisfy tax liabilities.
c) Price(s) and volume(s)
Price Volume
Acquisition of shares on release of share awards Nil 77,240
Sale of shares, including those sold to satisfy tax liabilities £7.240 34,923
Shares retained 42,317
d) Aggregated information Acquired
Volume: 77,240
- Aggregated volume Price GBP: nil
- Price Shares sold sold to satisfy tax liabilities
Volume: 34,923
Price GBP: £252,848.28
e) Date of the transaction 2022-03-21
f) Place of the transaction XLON - London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Acquired
Volume: 77,240
Price GBP: nil
Shares sold sold to satisfy tax liabilities
Volume: 34,923
Price GBP: £252,848.28
e)
Date of the transaction
2022-03-21
f)
Place of the transaction
XLON - London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Thomas Arseneault
2 Reason for the notification
a) Position/status President & CEO of 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 Ordinary shares of 2.5p each in BAE Systems plc
Identification code
GB0002634946
b) Nature of the transaction Acquisition of 98,270 restricted shares under the Long Term Incentive Plan
("LTIP") and the subsequent sale of 44,431 shares to satisfy tax liabilities.
c) Price(s) and volume(s)
Acquisition of shares on release of share awards Nil 98,270
Sale of shares, to satisfy tax liabilities £7.240 44,431
Shares retained 53,839
d) Aggregated information Acquired
Volume: 98,270
- Aggregated volume Price GBP: nil
- Price Shares sold to satisfy tax liabilities
Volume: 44,431
Price GBP: £321,687.77
e) Date of the transaction 2022-03-21
f) Place of the transaction XLON - London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Acquired
Volume: 98,270
Price GBP: nil
Shares sold to satisfy tax liabilities
Volume: 44,431
Price GBP: £321,687.77
e)
Date of the transaction
2022-03-21
f)
Place of the transaction
XLON - London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Julian Cracknell
2 Reason for the notification
a) Position/status Chief Technology & Information Officer
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 Ordinary shares of 2.5p each in BAE Systems plc
Identification code
GB0002634946
b) Nature of the transaction Exercise of 67,113 options under the Long Term Incentive Plan ("LTIP") and the
subsequent sale of 10,650 shares to satisfy income tax and NIC liabilities.
Acquisition of shares on exercise of share option £4.850 67,113
c) Price(s) and volume(s)
Shares retained to settle the cost of exercise £7.354 44,262
Sale of shares to satisfy income tax and NIC liability £7.354 10,650
Shares retained 12,201
d) Aggregated information Exercise
Volume: 67,113
- Aggregated volume Price GBP: £325,498.05
- Price Shares retained to settle the cost of exercise
Volume: 44,262
Price GBP: £325,502.75
Shares sold to satisfy income tax and NIC liability
Volume: 10,650
Price GBP: £78,320.10
e) Date of the transaction 2022-03-22
f) Place of the transaction XLON - London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 67,113
Price GBP: £325,498.05
Shares retained to settle the cost of exercise
Volume: 44,262
Price GBP: £325,502.75
Shares sold to satisfy income tax and NIC liability
Volume: 10,650
Price GBP: £78,320.10
e)
Date of the transaction
2022-03-22
f)
Place of the transaction
XLON - London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Julian Cracknell
2 Reason for the notification
a) Position/status Chief Technology & Information Officer
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 Ordinary shares of 2.5p each in BAE Systems plc
Identification code
GB0002634946
b) Nature of the transaction Exercise of 22,773 performance shares under the Long Term Incentive Plan
("LTIP") and the subsequent sale of 10,614 shares to satisfy income tax and
NIC liabilities.
Price Volume
c) Price(s) and volume(s) Acquisition of shares on exercise of share option Nil 22,773
Sale of shares to satisfy income tax and NIC liability £7.354 10,614
Shares retained 12,159
d) Aggregated information
Exercise
Volume: 22,773
- Aggregated volume
Price GBP: nil
Shares sold to satisfy income tax
- Price Volume: 10,614
Price GBP: £78,055.36
e) Date of the transaction 2022-03-22
f) Place of the transaction XLON - London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 22,773
Price GBP: nil
Shares sold to satisfy income tax
Volume: 10,614
Price GBP: £78,055.36
e)
Date of the transaction
2022-03-22
f)
Place of the transaction
XLON - London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name David Armstrong
2 Reason for the notification
a) Position/status Group Managing Director, Digital Intelligence
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 Ordinary shares of 2.5p each in BAE Systems plc
Identification code
GB0002634946
b) Nature of the transaction Exercise of 23,861 performance shares under the Long Term Incentive Plan
("LTIP") and the subsequent sale of 11,243 shares to satisfy income tax and
NIC liabilities.
Price Volume
c) Price(s) and volume(s) Acquisition of shares on exercise of share option Nil 23,861
Sale of shares to satisfy income tax and NIC liability £7.344 11,243
Shares retained 12,618
d) Aggregated information
Exercise
Volume: 23,861
- Aggregated volume
Price GBP: nil
Shares sold to satisfy income tax
- Price Volume: 11,243
Price GBP: £82,568.59
e) Date of the transaction 2022-03-22
f) Place of the transaction XLON - London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 23,861
Price GBP: nil
Shares sold to satisfy income tax
Volume: 11,243
Price GBP: £82,568.59
e)
Date of the transaction
2022-03-22
f)
Place of the transaction
XLON - London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Dr 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 Ordinary shares of 2.5p each in BAE Systems plc
Identification code
GB0002634946
b) Nature of the transaction Exercise of 53,515 performance shars under the Long Term Incentive Plan
("LTIP") and the subsequent sale of 25,216 shares to satisfy income tax and
NIC liability.
Price Volume
c) Price(s) and volume(s) Acquisition of shares on exercise of share option Nil 53,515
Sale of shares to satisfy income tax and NIC liability £7.34 25,216
Shares retained 28,299
d) Aggregated information
Exercise
Volume: 53,515
- Aggregated volume
Price GBP: nil
Shares sold to satisfy income tax
- Price Volume: 25,216
Price GBP: £185,085.44
e) Date of the transaction 2022-03-22
f) Place of the transaction XLON - London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 53,515
Price GBP: nil
Shares sold to satisfy income tax
Volume: 25,216
Price GBP: £185,085.44
e)
Date of the transaction
2022-03-22
f)
Place of the transaction
XLON - London Stock Exchange
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