Director/PDMR Shareholding

RNS Number : 7817B

BAE SYSTEMS PLC

25 September 2018

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alan Garwood
2	Reason for the notification
a)	Position/status	Group Business Development 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 Identification code	Ordinary shares of 2.5p each in BAE Systems plc GB0002634946
b)	Nature of the transaction	Exercise of an option over 10,350 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent disposal of those shares.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option Nil 10,350 Sale of shares, including those sold to satisfy income tax and NIC liability £6.262 10,350 Shares retained Nil
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 10,350 Price GBP: nil Shares sold, including those sold to satisfy income tax and NIC liability Volume: 10,350 Price GBP: £64,811.70
e)	Date of the transaction	2018-09-21
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alan Garwood
2	Reason for the notification
a)	Position/status	Group Business Development 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 Identification code	Ordinary shares of 2.5p each in BAE Systems plc GB0002634946
b)	Nature of the transaction	Exercise of share options under the LTIP and the subsequent disposal of those shares.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option £5.4250 102,969 Shares retained to settle the cost of exercise £6.262 84,416 Sale of shares, including those sold to satisfy income tax and NIC liability £6.262 11,930 Shares retained 6,623
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 102,969 Price GBP: £558,606.83 Shares retained to settle the cost of exercise Volume: 84,416 Price GBP: £528,612.99 Shares sold, including those sold to satisfy income tax and NIC liability Volume: 11,930 Price GBP: £74,705.66
e)	Date of the transaction	2018-09-21
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alan Garwood
2	Reason for the notification
a)	Position/status	Group Business Development 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 Identification code	Ordinary shares of 2.5p each in BAE Systems plc GB0002634946
b)	Nature of the transaction	Disposal of shares
c)	Price(s) and volume(s)	Volume:  25,000 Price:  £6.316
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 25,000 shares £157,900.00
e)	Date of the transaction	2018-09-21
f)	Place of the transaction	XLON - London Stock Exchange

 

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