Director/PDMR Shareholding

RNS Number : 3395V

BAE SYSTEMS PLC

13 April 2021

 

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 39,903 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 18,794 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 39,903 Sale of shares to satisfy income tax and NIC liability £5.056 18,794 Shares retained 21,109
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 39,903 Price GBP: nil Shares sold to satisfy income tax and NIC liability Volume: 18,794 Price GBP: £95,022.46
e)	Date of the transaction	2021-04-12
f)	Place of the transaction	XLON - London Stock Exchange

 

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