REG - BAE SYSTEMS PLC - Director/PDMR Shareholding

BAE SystemsAnnouncement

05/04/2024 13:15

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RNS Number : 5410J  BAE SYSTEMS PLC  05 April 2024

Director/PDMR Shareholding

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Edward Gelsthorpe

 2    Reason for the notification

 a)   Position/status                                              Group General Counsel

 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 21,631 performance shares under the BAE Systems Long Term

                                                            Incentive Plan (LTIP) and the subsequent sale of 15,917 shares, including
                                                                   those sold to satisfy tax liabilities.

 c)   Price(s) and volume(s)

                                Price         Volume(s)
                                                                   Acquisition of shares on exercise of share option               £0            21,631

                                                                   Sale of shares including those sold to satisfy tax liabilities  £ 13.153325   15,917
                                                                   Shares retained                                                               5,714

 d)   Aggregated information                                       Exercise

                                                                   Volume:  21,631

      - Aggregated volume                                          Price GBP:  £0

      - Price                                                      Shares sold including those to satisfy income tax liabilities

                                                                   Volume:  15,917

                                                                   Price GBP: £ 209,361.47

 e)   Date of the transaction                                      24-04-04

 f)   Place of the transaction                                     XLON - London Stock Exchange

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Exercise

Volume:  21,631

Price GBP:  £0

 

Shares sold including those to satisfy income tax liabilities

Volume:  15,917

Price GBP: £ 209,361.47

 

e)

 

Date of the transaction

 

24-04-04

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Edward Gelsthorpe

 2    Reason for the notification

 a)   Position/status                                              Group General Counsel

 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 22,208 options under the BAE Systems Long Term Incentive Plan

                                                            (LTIP) and the subsequent sale of 10,127 shares, including those sold to
                                                                   satisfy tax liabilities.

 c)   Price(s) and volume(s)

                                Price         Volume(s)
                                                                   Acquisition of shares on exercise of share options              £4.999        22,208

                                                                   Shares retained to settle the cost of exercise                  £ 13.153325   8,441
                                                                   Sale of shares including those sold to satisfy tax liabilities  £ 13.153325   10,127

                                                                   Shares retained                                                               3,640

 d)   Aggregated information                                       Exercise

                                                                   Volume:  22,208

      - Aggregated volume                                          Price GBP:  £ 111,017.79

      - Price                                                      Shares retained to settle the cost of exercise

                                                                   Volume:  8,441

                                                                   Price GBP:  £111,027.22

                                                                   Shares sold including those to satisfy income tax liabilities

                                                                   Volume:  10,127

                                                                   Price GBP: £ 133,203.72

 e)   Date of the transaction                                      24-04-04

 f)   Place of the transaction                                     XLON - London Stock Exchange

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Exercise

Volume:  22,208

Price GBP:  £ 111,017.79

 

Shares retained to settle the cost of exercise

 

Volume:  8,441

Price GBP:  £111,027.22

 

Shares sold including those to satisfy income tax liabilities

Volume:  10,127

Price GBP: £ 133,203.72

 

e)

 

Date of the transaction

 

24-04-04

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

 

 

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