REG - BAE SYSTEMS PLC - Director/PDMR Shareholding

BAE SystemsAnnouncement

06/12/2023 14:45

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RNS Number : 9186V  BAE SYSTEMS PLC  06 December 2023

Director/PDMR Shareholding

 

 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                                    Exercise of 30,000 options under the BAE Systems Long Term Incentive Plan

                                                            (LTIP) and the subsequent sale of 11,740 shares, including those to satisfy
                                                                   tax liabilities.

 c)   Price(s) and volume(s)

                                 Price     Volume(s)
                                                                   Acquisition of shares on exercise of share options               £4.851    30,000

                                                                   Shares retained to settle the cost of exercise                   £10.365   14,041

                                                                   Sale of shares, including those sold to satisfy tax liabilities  £10.365   11,740

                                                                   Share retained                                                             4,219

 d)   Aggregated information                                       Exercise

                                                                   Volume:  30,000

      - Aggregated volume                                          Price GBP:  £145,530

      - Price                                                      Shares retained to settle the cost of exercise

                                                                   Volume:  14,041

                                                                   Price GBP:  £145,534.965

                                                                   Shares sold, including those sold to satisfy tax liabilities

                                                                   Volume:  11,740

                                                                   Price GBP: £121,685.10

 e)   Date of the transaction                                      23-12-05

 f)   Place of the transaction                                     XLON - London Stock Exchange

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Exercise

Volume:  30,000

Price GBP:  £145,530

 

Shares retained to settle the cost of exercise

Volume:  14,041

Price GBP:  £145,534.965

 

 

Shares sold, including those sold to satisfy tax liabilities

Volume:  11,740

Price GBP: £121,685.10

 

e)

 

Date of the transaction

 

23-12-05

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

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