REG - BAE SYSTEMS PLC - Director/PDMR Shareholding

BAE SystemsAnnouncement

09/03/2023 10:00

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RNS Number : 4500S  BAE SYSTEMS PLC  09 March 2023

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Glynn Phillips

 2    Reason for the notification

 a)   Position/status                                              Group Managing Director, Maritime and Land UK

 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 3,259 performance shares granted as nil-cost options, under the

                                                            Long Term Incentive Plan ("LTIP") and the subsequent sale of  1,536 shares,
                                                                   including those to satisfy income tax and NIC liabilities.

 c)   Price(s) and volume(s)

                               Price     Volume
                                                                   Acquisition of shares on exercise of share option             Nil       3,259

                                                            Sale of shares, sold to satisfy income tax and NIC liability  £9.1310   1,536

                                                                   Shares retained                                                         1,723

 d)   Aggregated information                                       Exercise

                                                                   Volume:  3,259

      - Aggregated volume                                          Price GBP:  nil

      - Price                                                      Shares sold (including those sold to satisfy income tax and NIC liability)

                                                                   Volume:  1,536

                                                                   Price GBP:  £14,025.22

 e)   Date of the transaction                                      2023-03-07

 f)   Place of the transaction                                     XLON - London Stock Exchange

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Exercise

Volume:  3,259

Price GBP:  nil

 

Shares sold (including those sold to satisfy income tax and NIC liability)

Volume:  1,536

Price GBP:  £14,025.22

 

e)

 

Date of the transaction

 

2023-03-07

f)

 

Place of the transaction

XLON - London Stock Exchange

 

 

 

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