REG - BAE SYSTEMS PLC - Director/PDMR Shareholding

BAE SystemsAnnouncement

21/03/2024 14:15

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RNS Number : 8388H  BAE SYSTEMS PLC  21 March 2024

Director/PDMR Shareholding

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Glynn Phillips

 2    Reason for the notification

 a)   Position/status                                              Group Managing Director Maritime and Land

 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 85,574 performance shares under the BAE Systems Long Term

                                                            Incentive Plan (LTIP) and the subsequent sale of 40,322 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       85,574

                                                                   Sale of shares to satisfy income tax and NIC liability  £13.30   40,322

                                                                   Shares retained                                                  45,252

 d)   Aggregated information                                       Exercise

                                                                   Volume:  85,574

      - Aggregated volume                                          Price GBP:  £0

      - Price                                                      Shares sold to satisfy income tax

                                                                   Volume:  40,322

                                                                   Price GBP: £536,282.60

 e)   Date of the transaction                                      24-03-20

 f)   Place of the transaction                                     XLON - London Stock Exchange

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Exercise

Volume:  85,574

Price GBP:  £0

 

Shares sold to satisfy income tax

Volume:  40,322

Price GBP: £536,282.60

 

e)

 

Date of the transaction

 

24-03-20

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 39,961 performance shares under the BAE Systems Long Term

                                                            Incentive Plan (LTIP) and the subsequent sale of 39,961 shares, including
                                                                   those to satisfy tax liabilities.

 c)   Price(s) and volume(s)

                                 Price        Volume(s)
                                                                   Acquisition of shares on exercise of share option                £0           39,961

                                                                   Sale of shares, including those sold to satisfy tax liabilities  £13.285337   39,961

 d)   Aggregated information                                       Exercise

                                                                   Volume:  39,961

      - Aggregated volume                                          Price GBP:  £0

      - Price                                                      Shares sold,including those sold to satisfy income tax liabilities

                                                                   Volume:  39,961

                                                                   Price GBP: £530,895.3519

 e)   Date of the transaction                                      24-03-20

 f)   Place of the transaction                                     XLON - London Stock Exchange

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Exercise

Volume:  39,961

Price GBP:  £0

 

Shares sold,including those sold to satisfy income tax liabilities

Volume:  39,961

Price GBP: £530,895.3519

 

e)

 

Date of the transaction

 

24-03-20

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

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