Director/PDMR Shareholding

RNS Number : 2314V

BAE SYSTEMS PLC

05 August 2020

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Christopher Boardman
2	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 Identification code	Ordinary shares of 2.5p each in BAE Systems plc GB0002634946
b)	Nature of the transaction	Exercise of options over 21,981 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 3,241 shares including those sold to satisfy income tax and NIC liability
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option Nil 21,981 Shares including those sold to satisfy income tax and NIC liability £5.08331 19,079 Shares retained 2,902
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 21,981 Price GBP: nil Shares sold including those sold to satisfy income tax and NIC liability Volume: 19,079 Price GBP: £96,984.47
e)	Date of the transaction	2020-08-03
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Philip Bramwell
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 Identification code	Ordinary shares of 2.5p each in BAE Systems plc GB0002634946
b)	Nature of the transaction	Exercise of options over 39,069 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 18,141 shares to satisfy income tax and NIC liability.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option Nil 39,069 Sale of shares to satisfy income tax and NIC liability £4.848 18,141 Shares retained 20,928
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 39,069 Price GBP: nil Shares sold to satisfy income tax and NIC liability Volume: 18,141 Price GBP: £87,947.56
e)	Date of the transaction	2020-08-03
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Charles Woodburn
2	Reason for the notification
a)	Position/status	Chief Executive 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 Identification code	Ordinary shares of 2.5p each in BAE Systems plc GB0002634946
b)	Nature of the transaction	Exercise of options over 49,525 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 3,241 shares to satisfy income tax and NIC liability.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option Nil 49,525 Sale of shares to satisfy income tax and NIC liability £4.8751 23,310 Shares retained 26,215
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 49,525 Price GBP: nil Shares sold to satisfy income tax and NIC liability Volume: 23,310 Price GBP: £113,638.58
e)	Date of the transaction	2020-08-03
f)	Place of the transaction	XLON - London Stock Exchange

 

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