Picture of BAE Systems logo

BA. BAE Systems News Story

0.000.00%
gb flag iconLast trade - 00:00
IndustrialsBalancedLarge CapHigh Flyer

REG - BAE SYSTEMS PLC - Director/PDMR Shareholding

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230413:nRSM1594Wa&default-theme=true

RNS Number : 1594W  BAE SYSTEMS PLC  13 April 2023

Director/PDMR Shareholding

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Gabrielle Costigan

 2    Reason for the notification

 a)   Position/status                                              Group Managing Director, Business Development

 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 20,000 unapproved options under the Long Term Incentive Plan

                                                            ("LTIP") and the subsequent sale of 10,403 shares, including those to satisfy
                                                                   income tax and NIC liabilities.

 c)   Price(s) and volume(s)

Acquisition of shares on exercise of share option                        £4.851       20,000

                                                            Shares retained to settle the cost of exercise                           £10.110130   9,597

                                                                   Sale of shares, including those to satisfy income tax and NIC liability  £10.110130   10,403

 d)   Aggregated information

                                                                   Exercise

      - Aggregated volume                                          Volume:  20,000

                                                                   Price GBP:   £97,020

      - Price

                                                                   Shares retained to settle the cost of exercise

                                                                   Volume:  9,597

                                                                   Price GBP:  £97,026.92

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

                                                                   Volume:  10,403

                                                                   Price GBP: £105,175.68

 e)   Date of the transaction                                      23-04-06

 f)   Place of the transaction                                     XLON - London Stock Exchange

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Exercise

Volume:  20,000

Price GBP:   £97,020

 

Shares retained to settle the cost of exercise

Volume:  9,597

Price GBP:  £97,026.92

 

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

Volume:  10,403

Price GBP: £105,175.68

 

e)

 

Date of the transaction

 

23-04-06

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Gabrielle Costigan

 2    Reason for the notification

 a)   Position/status                                              Group Managing Director, Business Development

 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 89,971 performance shares granted as nil-cost options, under the

                                                            Long Term Incentive Plan ("LTIP") and the subsequent sale of 66,723, including
                                                                   shares to satisfy income tax and NIC liability.

 c)   Price(s) and volume(s)

                                    Price        Volume
                                                                   Acquisition of shares on exercise of share option                       Nil          89,971

                                                            Sale of shares including those to satisfy income tax and NIC liability  £10.110130   66,723

                                                                   Shares retained                                                                      23,248

 d)   Aggregated information

                                                                   Exercise

      - Aggregated volume                                          Volume:  89,971

                                                                   Price GBP:  nil

      - Price

                                                                   Shares sold including those to satisfy income tax and NIC liability

                                                                   Volume:  66,723

                                                                   Price GBP:  £674,578.20

 e)   Date of the transaction                                      23-04-06

 f)   Place of the transaction                                     XLON - London Stock Exchange

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Exercise

Volume:  89,971

Price GBP:  nil

 

Shares sold including those to satisfy income tax and NIC liability

Volume:  66,723

Price GBP:  £674,578.20

 

e)

 

Date of the transaction

 

23-04-06

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHUOUUROSUSAAR

Recent news on BAE Systems

See all news