REG - BAE SYSTEMS PLC - Director/PDMR Shareholding

BAE SystemsAnnouncement

11/03/2024 12:30

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RNS Number : 3706G  BAE SYSTEMS PLC  11 March 2024

Director/PDMR Shareholding

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Dr Charles Woodburn

 2    Reason for the notification

 a)   Position/status                                              Group Chief Executive 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 704,014 performance shares under the BAE Systems Long Term

                                                            Incentive Plan (LTIP) and the subsequent sale of 331,716 shares to satisfy
                                                                   income tax and NIC liabilities.

 c)   Price(s) and volume(s)

                            Price     Volume(s)
                                                                   Acquisition of shares on exercise of share option       £0        704,014

                                                                   Sale of shares to satisfy income tax and NIC liability  £12.546   331,716

                                                                   Shares retained                                                   372,298

 d)   Aggregated information                                       Exercise

                                                                   Volume:  704,014

      - Aggregated volume                                          Price GBP:  £0

      - Price                                                      Shares sold to satisfy income tax

                                                                   Volume:  331,716

                                                                   Price GBP: £4,161,708.936

 e)   Date of the transaction                                      24-03-08

 f)   Place of the transaction                                     XLON - London Stock Exchange

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Exercise

Volume:  704,014

Price GBP:  £0

 

Shares sold to satisfy income tax

Volume:  331,716

Price GBP: £4,161,708.936

 

e)

 

Date of the transaction

 

24-03-08

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

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