REG - BAE SYSTEMS PLC - Director/PDMR Shareholding

BAE SystemsAnnouncement

14/10/2022 09:30

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RNS Number : 8533C  BAE SYSTEMS PLC  14 October 2022

 

 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                                    Exercise of 288,602 options, under the 2012 Executive Share Option Plan and

                                                            the subsequent sale of 153,976 shares, including those sold to satisfy tax
                                                                   liabilities.

 c)   Price(s) and volume(s)

                                 Price    Volume
                                                                   Acquisition of shares on exercise of share options               £3.889   288,602

                                                            Shares retained to settle the cost of exercise                   £8.337   134,626

                                                                   Sale of shares, including those sold to satisfy tax liabilities  £8.337   153,976

 d)   Aggregated information                                       Exercise

                                                                   Volume:  288,602

      - Aggregated volume                                          Price GBP:  £1,122,373.18

      - Price                                                      Shares retained to settle the cost of exercise

                                                                   Volume:  134,626

                                                                   Price GBP:  £1,122,376.962

                                                                   Shares sold, including those sold to satisfy tax liabilities

                                                                   Volume: 153,976

                                                                   Price GBP: £1,283,697.912

 e)   Date of the transaction                                      2022-10-11

 f)   Place of the transaction                                     XLON - London Stock Exchange

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Exercise

Volume:  288,602

Price GBP:  £1,122,373.18

 

Shares retained to settle the cost of exercise

Volume:  134,626

Price GBP:  £1,122,376.962

 

Shares sold, including those sold to satisfy tax liabilities

Volume: 153,976

Price GBP: £1,283,697.912

 

e)

 

Date of the transaction

 

2022-10-11

f)

 

Place of the transaction

XLON - London Stock Exchange

 

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