REG - BAE SYSTEMS PLC - Director/PDMR Shareholding

BAE SystemsAnnouncement

14/04/2022 15:00

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RNS Number : 4653I  BAE SYSTEMS PLC  14 April 2022

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Mark Phillips

 2    Reason for the notification

 a)   Position/status                                              Group Communications 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 12,491 performance shares under the Long Term Incentive Plan

                                                            ("LTIP") and the subsequent sale of 6,043 shares to satisfy income tax and NIC
                                                                   liabilities.

 c)   Price(s) and volume(s)

                                                        Price    Volume
                                                                   Acquisition of shares on exercise of share option       Nil      12,491

                                                            Sale of shares to satisfy income tax and NIC liability  £7.748   6,043
                                                                   Shares retained                                                  6,448

 d)   Aggregated information

Exercise

                                                            Volume: 12,491
      - Aggregated volume

                                                            Price GBP: nil
                                                                   Shares sold to satisfy income tax

      - Price                                                      Volume: 6,043

                                                                   Price GBP: £46,821.16

 e)   Date of the transaction                                      22-04-13

 f)   Place of the transaction                                     XLON - London Stock Exchange

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 Exercise

 Volume: 12,491

 Price GBP: nil
 Shares sold to satisfy income tax

 Volume: 6,043

 Price GBP: £46,821.16

e)

 

Date of the transaction

 

22-04-13

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

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