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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