Director/PDMR Shareholding

RNS Number : 4792T

BAE SYSTEMS PLC

25 March 2021

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Thomas Arseneault
2	Reason for the notification
a)	Position/status	President & CEO of BAE Systems, Inc
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	Acquisition of 112,251 restricted and performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 50,753 shares to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on release of share option Nil 112,251 Sale of shares to satisfy tax liabilities £4.8500 50,753 Shares retained 61,498
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 112,251 Price GBP: nil Shares sold to satisfy tax liabilities Volume: 5 0,753 Price GBP: £246,152.05
e)	Date of the transaction	2021-03-22
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 & CEO of BAE Systems, Inc
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	Acquisition of 5,359 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 2,424 shares to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on release of share option Nil 5,359 Sale of shares to satisfy tax liabilities £4.8414 2,424 Shares retained 2,935
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 5,359 Price GBP: nil Shares sold to satisfy tax liabilities Volume: 2,424 Price GBP: £11,735.61
e)	Date of the transaction	2021-03-23
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Dame Carolyn Fairbairn
2	Reason for the notification
a)	Position/status	Non Executive 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	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.9192 15,000
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 15,000 shares £73,788.24
e)	Date of the transaction	2021-03-23
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Julian Cracknell
2	Reason for the notification
a)	Position/status	Managing Director Applied Intelligence
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 8,930 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 4,208 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 8,930 Sale of shares to satisfy income tax and NIC liability £4.9652 4,208 Shares retained 4,722
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 8,930 Price GBP: nil Shares sold to satisfy income tax Volume: 4,208 Price GBP: £20,893.58
e)	Date of the transaction	2021-03-23
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Armstrong
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 8,352 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 3,936 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 8,352 Sale of shares to satisfy income tax and NIC liability £4.9891 3,936 Shares retained 4,416
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 8,352 Price GBP: nil Shares sold to satisfy income tax Volume: 3,936 Price GBP: £19,637.25
e)	Date of the transaction	2021-03-24
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Dr 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 51,509 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 24,271 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 51,509 Sale of shares to satisfy income tax and NIC liability £4.9990 24,271 Shares retained 27,238
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 51,509 Price GBP: nil Shares sold to satisfy income tax Volume: 24,271 Price GBP: £121,330.73
e)	Date of the transaction	2021-03-24
f)	Place of the transaction	XLON - London Stock Exchange

 

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