Director/PDMR Shareholding

RNS Number : 4653I
BAE SYSTEMS PLC
14 April 2022
 

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

 

 

Exercise of 12,491 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 6,043 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

12,491

Sale of shares to satisfy income tax and NIC liability

£7.748

6,043

Shares retained

 

6,448

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Exercise

Volume: 12,491

Price GBP: nil

Shares sold to satisfy income tax

Volume: 6,043

Price GBP: £46,821.16

e)

 

Date of the transaction

 

22-04-13

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

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Companies

BAE Systems (BA.)
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