REG - BAE SYSTEMS PLC - Director/PDMR Shareholding

BAE SystemsAnnouncement

10/08/2022 10:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220810:nRSJ5664Va&default-theme=true

RNS Number : 5664V  BAE SYSTEMS PLC  10 August 2022

 

 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 51,994 share options under the BAE Systems Long Term Incentive

                                                            Plan ("LTIP") and the subsequent sale of 9,853 shares to satisfy income tax,
                                                                   NIC liability and the balance of the cost of exercise.

 c)   Price(s) and volume(s)                                       Acquisition of shares on exercise of share option                           £5.818   51,994

                                                                   Shares retained to settle the cost of exercise                              £7.946   34,295
                                                                   Sale of shares to satisfy income tax, NIC liability and the balance of the  £7.946   9,853
                                                                   cost of exercise
                                                                   Shares retained                                                             n/a      7,846
 d)   Aggregated information                                       Exercise

                                                                   Volume:  51,994

      - Aggregated volume                                          Price GBP:  £302,501.09

      - Price                                                      Shares retained to settle the cost of exercise

                                                                   Volume:  34,295

                                                                   Price GBP:  £272,508.07

                                                                   Shares sold to satisfy income tax, NIC liability and the balance of the cost
                                                                   of exercise

                                                                   Volume:  9,853

                                                                   Price GBP: £78,291.94

 e)   Date of the transaction                                      22-08-09

 f)   Place of the transaction                                     XLON - London Stock Exchange

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Exercise

Volume:  51,994

Price GBP:  £302,501.09

 

Shares retained to settle the cost of exercise

Volume:  34,295

Price GBP:  £272,508.07

 

Shares sold to satisfy income tax, NIC liability and the balance of the cost
of exercise

Volume:  9,853

Price GBP: £78,291.94

 

e)

 

Date of the transaction

 

22-08-09

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHURSKRUAUWARR