Director/PDMR Shareholding

RNS Number : 2286D

BAE SYSTEMS PLC

01 March 2022

 

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 52,890 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 52,890 shares.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option Nil 52,890 Sale of shares £6.503 52,890
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 52,890 Price GBP: nil Shares sold Volume: 52,890 Price GBP: £343,922.51
e)	Date of the transaction	2022-02-25
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 24,134 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 13,565 to satisfy income tax and NIC liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option Nil 24,134 Sale of shares to satisfy income tax and NIC liability £7.395 13,565 Shares retained 10,569
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 24,134 Price GBP: nil Shares sold to satisfy income tax and NIC liability Volume: 13,565 Price GBP: £100,313.18
e)	Date of the transaction	2022-02-28
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	Chief Technology and 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	Exercise of 52,691 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of  16,575 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 52,691 Sale of shares to satisfy income tax and NIC liability £7.200 16,575 Shares retained 21,251
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 52,691 Price GBP: nil Shares sold to satisfy income tax and NIC liability Volume: 16,575 Price GBP: £119,340
e)	Date of the transaction	2022-02-28
f)	Place of the transaction	XLON - London Stock Exchange

 

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