REG - BAE SYSTEMS PLC - Director/PDMR Shareholding

BAE SystemsAnnouncement

08/12/2022 12:30

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RNS Number : 1026J  BAE SYSTEMS PLC  08 December 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 of BAE Systems 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 69,278 options under the Long Term Incentive Plan ("LTIP") and the

                                                            subsequent sale of 13,369 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                             £4.850   69,278

                                                                   Shares retained to settle the cost of exercise                                £8.214   40,906

                                                                   Sale of shares, including those sold to satisfy income tax and NIC liability  £8.214   13,369

                                                            Shares retained                                                                        15,003

 d)   Aggregated information                                       Exercise

                                                                   Volume:  69,278

      - Aggregated volume                                          Price GBP:  £335,998.3

      - Price                                                      Shares retained to settle the cost of exercise

                                                                   Volume:  40,906

                                                                   Price GBP:  £336,001.884

                                                                   Shares sold, including those sold to satisfy income tax and NIC liability

                                                                   Volume:  13,369

                                                                   Price GBP:  £109,812.966

 e)   Date of the transaction                                      2022-12-07

 f)   Place of the transaction                                     XLON - London Stock Exchange

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Exercise

Volume:  69,278

Price GBP:  £335,998.3

 

Shares retained to settle the cost of exercise

Volume:  40,906

Price GBP:  £336,001.884

 

Shares sold, including those sold to satisfy income tax and NIC liability

Volume:  13,369

Price GBP:  £109,812.966

 

e)

 

Date of the transaction

 

2022-12-07

f)

 

Place of the transaction

XLON - London Stock Exchange

 

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