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REG - BAE SYSTEMS PLC - Director/PDMR Shareholding

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RNS Number : 8925T  BAE SYSTEMS PLC  22 March 2023

Director/PDMR Shareholding

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Thomas Arseneault

 2    Reason for the notification

 a)   Position/status                                              President & Chief Executive Officer, BAE Systems Inc and 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                                    Acquisition of 52,255 performance shares under the Long Term Incentive Plan

                                                            and the subsequent sale of 23,627 shares to satisfy tax liabilities.

 c)   Price(s) and volume(s)

                         Price              Volume(s)
                                                                   Acquisition of shares on release of share awards  Nil consideration  52,255

                                                            Sale of shares to satisfy tax liabilities         £9.2019            23,627
                                                                   Share retained                                                       28,628

 d)   Aggregated information                                       Acquired

                                                                   Volume:  52,255

      - Aggregated volume                                          Price GBP:  nil

      - Price                                                      Shares sold to satisfy tax liabilities

                                                                   Volume:  23,627

                                                                   Price GBP:  £217,412.49

 e)   Date of the transaction                                      23-03-20

 f)   Place of the transaction                                     XLON - London Stock Exchange

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Simon Barnes

 2    Reason for the notification

 a)   Position/status                                              Managing Director, BAE Systems Saudi Arabia

 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                                    Acquisition of 3,771 performance shares under the Long Term Incentive Plan and

                                                            the subsequent sale of 2,777 shares, including shares sold to satisfy tax
                                                                   liabilities.

 c)   Price(s) and volume(s)

                                 Price              Volume(s)
                                                                   Acquisition of shares on release of share awards                 Nil consideration  3,771

                                                            Sale of shares, including those sold to satisfy tax liabilities  £9.4494            2,777
                                                                   Share retained                                                                      994

 d)   Aggregated information                                       Acquired

                                                                   Volume:  3,771

      - Aggregated volume                                          Price GBP:  nil

      - Price                                                      Shares sold, including to satisfy tax liabilities

                                                                   Volume:  2,777

                                                                   Price GBP:  £26,240.93

 e)   Date of the transaction                                      23-03-21

 f)   Place of the transaction                                     XLON - London Stock Exchange

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Acquired

Volume:  52,255

Price GBP:  nil

 

Shares sold to satisfy tax liabilities

Volume:  23,627

Price GBP:  £217,412.49

 

e)

 

Date of the transaction

 

23-03-20

f)

 

Place of the transaction

 

XLON - London Stock Exchange

1

 

Details of the person discharging managerial responsibilities / person closely
associated

a)

 

Name

 

Simon Barnes

2

 

Reason for the notification

 

a)

 

Position/status

 

Managing Director, BAE Systems Saudi Arabia

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

 

Identification code

 

Ordinary shares of 2.5p each in BAE Systems plc

 

 

GB0002634946

b)

 

Nature of the transaction

 

 

Acquisition of 3,771 performance shares under the Long Term Incentive Plan and
the subsequent sale of 2,777 shares, including shares sold to satisfy tax
liabilities.

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

 

 

                                                                  Price              Volume(s)
 Acquisition of shares on release of share awards                 Nil consideration  3,771
 Sale of shares, including those sold to satisfy tax liabilities  £9.4494            2,777
 Share retained                                                                      994

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Acquired

Volume:  3,771

Price GBP:  nil

 

Shares sold, including to satisfy tax liabilities

Volume:  2,777

Price GBP:  £26,240.93

 

e)

 

Date of the transaction

 

23-03-21

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

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