REG - BAE SYSTEMS PLC - Director/PDMR Shareholding
29/03/2023 15:45
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RNS Number : 6657U BAE SYSTEMS PLC 29 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 398,029 performance and restricted shares under the Long Term
Incentive Plan and the subsequent sale of 179,962 shares to satisfy tax
liabilities.
c) Price(s) and volume(s)
Price Volume(s)
Acquisition of shares on release of share awards Nil consideration 398,029
Sale of shares to satisfy tax liabilities £9.8361 179,962
Share retained 218,067
d) Aggregated information Acquired
Volume: 398,029
- Aggregated volume Price GBP: nil
- Price Shares sold to satisfy tax liabilities
Volume: 179,962
Price GBP: £1,770,124.23
e) Date of the transaction 23-03-27
f) Place of the transaction XLON - London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Acquired
Volume: 398,029
Price GBP: nil
Shares sold to satisfy tax liabilities
Volume: 179,962
Price GBP: £1,770,124.23
e)
Date of the transaction
23-03-27
f)
Place of the transaction
XLON - London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Caitlin Hayden
2 Reason for the notification
a) Position/status Group Communications 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 22,665 performance and restricted shares under the Long Term
Incentive Plan and the subsequent sale of 8,158 shares to satisfy tax
liabilities.
c) Price(s) and volume(s)
Price Volume(s)
Acquisition of shares on release of share awards Nil consideration 22,665
Sale of shares to satisfy tax liabilities £9.8361 8,158
Share retained 14,507
d) Aggregated information Acquired
Volume: 22,665
- Aggregated volume Price GBP: nil
- Price Shares sold to satisfy tax liabilities
Volume: 8,158
Price GBP: £80,242.90
e) Date of the transaction 23-03-27
f) Place of the transaction XLON - London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Acquired
Volume: 22,665
Price GBP: nil
Shares sold to satisfy tax liabilities
Volume: 8,158
Price GBP: £80,242.90
e)
Date of the transaction
23-03-27
f)
Place of the transaction
XLON - London Stock Exchange
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 Exercise of 304,245 options under the 2012 Executive Share Option Plan and the
subsequent sale of 176,623 shares including those to satisfy tax liabilities.
c) Price(s) and volume(s)
Price Volume(s)
Acquisition of shares on exercise of share options £4.115 304,245
Shares retained to settle the cost of exercise £9.81 127,622
Sale of shares, including those sold to satisfy tax liabilities £9.81 176,623
Share retained -
d) Aggregated information Exercise
Volume: 304,245
- Aggregated volume Price GBP: £1,251,968.18
- Price Shares retained to settle the cost of exercise
Volume: 127,622
Price GBP: £1,251,971.82
Shares sold, including those sold to satisfy tax liabilities
Volume: 176,623
Price GBP: £1,732,671.63
e) Date of the transaction 23-03-27
f) Place of the transaction XLON - London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 304,245
Price GBP: £1,251,968.18
Shares retained to settle the cost of exercise
Volume: 127,622
Price GBP: £1,251,971.82
Shares sold, including those sold to satisfy tax liabilities
Volume: 176,623
Price GBP: £1,732,671.63
e)
Date of the transaction
23-03-27
f)
Place of the transaction
XLON - London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Julian Cracknell
2 Reason for the notification
a) Position/status Chief Technology & Information Officer
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 86,491 options under the BAE Systems Long Term Incentive Plan
(LTIP) and the subsequent sale of 19,670 shares including those to satisfy tax
liabilities.
c) Price(s) and volume(s)
Price Volume(s)
Acquisition of shares on exercise of share options £6.49 17,714
Acquisition of shares on exercise of share options £4.851 68,777
Shares retained to settle the cost of exercise £9.832 45,082
Sale of shares to satisfy tax liabilities and the balance of option cost £9.832 19,670
Share retained 21,739
d) Aggregated information Exercise
Volume: 17,714
- Aggregated volume Price GBP: £114,963.86
- Price Volume: 68,777
Price GBP: £333,637.23
Shares retained to settle the cost of exercise
Volume: 45,082
Price GBP: £443,246.22
Shares sold to satisfy tax liabilities and the balance of the option cost
Volume: 19,670
Price GBP: £193,395.44
e) Date of the transaction 23-03-27
f) Place of the transaction XLON - London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 17,714
Price GBP: £114,963.86
Volume: 68,777
Price GBP: £333,637.23
Shares retained to settle the cost of exercise
Volume: 45,082
Price GBP: £443,246.22
Shares sold to satisfy tax liabilities and the balance of the option cost
Volume: 19,670
Price GBP: £193,395.44
e)
Date of the transaction
23-03-27
f)
Place of the transaction
XLON - London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Julian Cracknell
2 Reason for the notification
a) Position/status Chief Technology & Information Officer
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 44,977 performance shares, in the form of nil cost options,
under the LTIP and the subsequent sale of 21,193 shares to satisfy tax
liabilities.
c) Price(s) and volume(s)
Price Volume(s)
Acquisition of shares on exercise of nil cost options - 44,977
Sale of shares to satisfy tax liabilities £9.832 21,193
Share retained 23,784
d) Aggregated information Exercise
Volume: 44,977
- Aggregated volume Price GBP: £0
- Price Shares sold to satisfy tax liabilities
Volume: 21,193
Price GBP: £208,369.58
e) Date of the transaction 23-03-27
f) Place of the transaction XLON - London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 44,977
Price GBP: £0
Shares sold to satisfy tax liabilities
Volume: 21,193
Price GBP: £208,369.58
e)
Date of the transaction
23-03-27
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 Exercise of 17,151 options under the BAE Systems Long Term Incentive Plan
(LTIP) and the subsequent sale of 6,399 shares, including those sold to
satisfy tax liabilities.
c) Price(s) and volume(s)
Price Volume(s)
Acquisition of shares on exercise of share options £4.851 17,151
Shares retained to settle the cost of exercise £9.844 8,452
Sale of shares, including those sold to satisfy tax liabilities £9.844 6,399
Share retained 2,300
d) Aggregated information Exercise
Volume: 17,151
- Aggregated volume Price GBP: £83,199.50
- Price Shares retained to settle the cost of exercise
Volume: 8,452
Price GBP: £83,201.49
Shares sold, including those sold to satisfy tax liabilities
Volume: 6,399
Price GBP: £62,991.76
e) Date of the transaction 23-03-28
f) Place of the transaction XLON - London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 17,151
Price GBP: £83,199.50
Shares retained to settle the cost of exercise
Volume: 8,452
Price GBP: £83,201.49
Shares sold, including those sold to satisfy tax liabilities
Volume: 6,399
Price GBP: £62,991.76
e)
Date of the transaction
23-03-28
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 8,014 performance shares, in the form of nil cost options,
under the LTIP and the subsequent sale of 5,896 shares, including those sold
to satisfy tax liabilities.
c) Price(s) and volume(s)
Price Volume(s)
Acquisition of shares on exercise of nil cost options - 8,014
Sale of shares, including those sold to satisfy tax liabilities £9.844 5,896
Share retained 2,118
d) Aggregated information Exercise
Volume: 8,014
- Aggregated volume Price GBP: £0
- Price Shares sold, including those sold to satisfy tax liabilities
Volume: 5,896
Price GBP: £58,040.22
e) Date of the transaction 23-03-28
f) Place of the transaction XLON - London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 8,014
Price GBP: £0
Shares sold, including those sold to satisfy tax liabilities
Volume: 5,896
Price GBP: £58,040.22
e)
Date of the transaction
23-03-28
f)
Place of the transaction
XLON - London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Clifford Robson
2 Reason for the notification
a) Position/status Group Managing Director, Air
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 Sale of shares
c) Price(s) and volume(s)
Price(s) Volume(s)
£9.659144 2,965
d) Aggregated information
- Aggregated volume Aggregated volume: 2,965 shares
- Price £ 28,639.36
e) Date of the transaction 23-03-27
f) Place of the transaction XLON - London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 2,965 shares
£ 28,639.36
e)
Date of the transaction
23-03-27
f)
Place of the transaction
XLON - London Stock Exchange
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