REG - BAE SYSTEMS PLC - Director/PDMR Shareholding

BAE SystemsAnnouncement

07/09/2023 15:45

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RNS Number : 7666L  BAE SYSTEMS PLC  07 September 2023

Director/PDMR Shareholding

 

 

 

 

 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 19,688 unapproved share options under the Long Term Incentive

                                                            Plan ("LTIP") and the subsequent sale of 8,399 shares, including those to
                                                                   satisfy income tax and NIC liabilities.

 c)   Price(s) and volume(s)

Acquisition of shares on exercise of share option                        £5.140     19,688

                                                            Shares retained to settle the cost of exercise                           £10.1100   10,010

                                                                   Sale of shares, including those to satisfy income tax and NIC liability  £10.1100   8,399

                                                                   Shares retained                                                          n/a        1,279

 d)   Aggregated information

                                                                   Exercise

      - Aggregated volume                                          Volume:  19,688

                                                                   Price GBP: £101,196.32

      - Price

                                                                   Shares retained to settle the cost of exercise

                                                                   Volume:  10,010

                                                                   Price GBP:  £101,201.10

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

                                                                   Volume:  8,399

                                                                   Price GBP: £84,913.89

 e)   Date of the transaction                                      Award made on 23-09-04

 f)   Place of the transaction                                     XLON - London Stock Exchange

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Exercise

Volume:  19,688

Price GBP: £101,196.32

 

Shares retained to settle the cost of exercise

Volume:  10,010

Price GBP:  £101,201.10

 

 

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

Volume:  8,399

Price GBP: £84,913.89

 

e)

 

Date of the transaction

 

Award made on 23-09-04

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                                    Award of performance shares under the LTIP in the form of nil cost options and

                                                            the subsequent sale of 5,500 shares, including those to satisfy income tax and
                                                                   NIC liabilities.

 c)   Price(s) and volume(s)

                      Price              Volume
                                                                   Award of performance shares under the LTIP  Nil consideration  6,336

                                                            Sale of shares                              £10.1100           5,500
                                                                   Shares retained                                                836

 d)   Aggregated information

                                                                   Acquired

      - Aggregated volume                                          Volume:  6,336 shares

                                                                   Price GBP: Nil

      - Price

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

                                                                   Volume: 5,500

                                                                   Price GBP: £55,605

 e)   Date of the transaction                                      Award made on 23-09-04

 f)   Place of the transaction                                     XLON - London Stock Exchange

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Acquired

Volume:  6,336 shares

Price GBP: Nil

 

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

Volume: 5,500

Price GBP: £55,605

 

e)

 

Date of the transaction

 

Award made on 23-09-04

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

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