Director/PDMR Shareholding

RNS Number : 3534H

BAE SYSTEMS PLC

05 April 2022

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Armstrong
2	Reason for the notification
a)	Position/status	Group Managing Director, Digital 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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 84
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 84 shares £00.00
e)	Date of the transaction	2022-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Simon Barnes
2	Reason for the notification
a)	Position/status	Managing Director, BAE Systems Saudi Arabia
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	Award of Free Shares under the BAE Systems International Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 84
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 84 shares £00.00
e)	Date of the transaction	2022-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Simon Barnes
2	Reason for the notification
a)	Position/status	Managing Director, BAE Systems Saudi Arabia
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  3,668 performance shares granted as nil-cost options, under the Long Term Incentive Plan ("LTIP") and the subsequent sale  2,701 shares, including those to satisfy income tax and NIC liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option Nil 3,668 Sale of shares, including those sold to satisfy income tax and NIC liability £7.108 2,701 Shares retained 967
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  3,668 Price GBP:  nil Shares sold (including those sold to satisfy income tax and NIC liability) Volume:  2,701 Price GBP:  £19,198.71
e)	Date of the transaction	2022-04-01
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Simon Barnes
2	Reason for the notification
a)	Position/status		Managing Director, BAE Systems Saudi Arabia
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   13,402 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of  3,132 shares, including those to satisfy income tax and NIC liabilities.
c)	Price(s) and volume(s)		Acquisition of shares on exercise of share option £4.85 13,402 Shares retained to settle the cost of exercise £7.108 9,145 Sale of shares, including those sold to satisfy income tax and NIC liability £7.108 3,132 Shares retained 1,125
d)	Aggregated information - Aggregated volume - Price		Exercise Volume:  13,402 Price GBP:  £64,999.70 Shares retained to settle the cost of exercise Volume:  9,145 Price GBP:  £65,002.66 Shares sold (including those sold to satisfy income tax and NIC liability) Volume:  3,132 Price GBP:  £22,262.26
e)	Date of the transaction		2022-04-01
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  243,456 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of  26,379 shares to satisfy income tax and NIC liabilities.
c)		Price(s) and volume(s)		Acquisition of shares on exercise of share option £4.85 £6.49 144,464 98,992 Shares retained to settle the cost of exercise £7.165 187,474 Sale of shares to satisfy income tax and NIC liability £7.165 26,379 Shares retained 29,603
d)		Aggregated information - Aggregated volume - Price		Exercise Volume:  243,456 Price GBP:  £1,343,108.48 Shares retained to settle the cost of exercise Volume:  187,474 Price GBP:  £1,343,117.23 Shares sold to satisfy income tax and NIC liability Volume:  26,379 Price GBP: £188,991.18
e)		Date of the transaction		2022-03-31
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  67,411 performance shares granted as nil-cost options, under the Long Term Incentive Plan ("LTIP") and the subsequent sale 31,763 shares to satisfy income tax and NIC liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option Nil 67,411 Sale of shares to satisfy income tax and NIC liability £7.165 31,763 Shares retained 35,648
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  67,411 Price GBP:  nil Shares sold to satisfy income tax and NIC liability Volume:  31,763 Price GBP:  £227,567.51
e)	Date of the transaction	2022-03-31
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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 84
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 84 shares £00.00
e)	Date of the transaction	2022-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gabrielle Costigan
2	Reason for the notification
a)	Position/status	Group Managing Director, Business Development
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	Award of Free Shares under the BAE Systems International Profit Sharing Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 84
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 84 shares £00.00
e)	Date of the transaction	22-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Julian Cracknell
2	Reason for the notification
a)	Position/status	Chief Technology & Information Officer
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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 84
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 84 shares £00.00
e)	Date of the transaction	2022-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Bradley Greve
2	Reason for the notification
a)	Position/status	Group Finance 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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 84
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 84 shares £00.00
e)	Date of the transaction	2022-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Karin Hoeing
2	Reason for the notification
a)	Position/status	Group ESG, Culture & Business Transformation 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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 84
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 84 shares £00.00
e)	Date of the transaction	2022-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Benjamin Hudson
2	Reason for the notification
a)	Position/status	Chief Technology Officer
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	Award of Free Shares under the BAE Systems International Profit Sharing Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 84
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 84 shares £00.00
e)	Date of the transaction	2022-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Glynn Phillips
2	Reason for the notification
a)	Position/status	Group Managing Director Maritime and Land UK
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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 84
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 84 shares £00.00
e)	Date of the transaction	2022-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Phillips
2	Reason for the notification
a)	Position/status	Group Communications 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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 84
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 84 shares £00.00
e)	Date of the transaction	2022-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Clifford Robson
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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 84
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 84 shares £00.00
e)	Date of the transaction	2022-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 84
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 84 shares £00.00
e)	Date of the transaction	2022-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

 

END

 

 

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