REG - BAE SYSTEMS PLC - Director/PDMR Shareholding

BAE SystemsAnnouncement

05/09/2024 12:00

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RNS Number : 0742D  BAE SYSTEMS PLC  05 September 2024

BAE Systems plc

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                                              Simon Barnes

 G    Reason for the notification

 a)   Position/status                                                                   Group Managing Director, Air

 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 6,472 options under the BAE Systems Long Term Incentive Plan

                                                                                 (LTIP) and the subsequent sale of 5,620 shares. Mr Barnes has retained 852
                                                                                        shares.

 c)   Price(s) and volume(s)

                                Price      Volume(s)
                                                                                        Acquisition of shares on exercise of share option               Nil        6,472

                                                                                        Sale of shares including those sold to satisfy tax liabilities  £13.0850   5,620

 

 d)   Aggregated information

      - Aggregated volume                                                               Exercise---

                                                                                        Volume:  6,472

                                                                                        Price GBP: Nil

      - Price                                                                           Shares sold including those to satisfy income tax liabilities

                                                                                        Volume: 5,620

                                                                                        Price GBP: £73,537.70

 e)   Date of the transaction                                                           2024-09-04

 f)   Place of the transaction                                                          XLON - London Stock Exchange

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

 

- Price

 

 

 

 

 

Exercise---

Volume:  6,472

Price GBP: Nil

 

Shares sold including those to satisfy income tax liabilities

Volume: 5,620

Price GBP: £73,537.70

 

e)

 

Date of the transaction

 

 

2024-09-04

f)

 

Place of the transaction

 

 

XLON - London Stock Exchange

 

 

 

05 September 2024

 

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