Director/PDMR Shareholding

RNS Number : 6518M

BAE SYSTEMS PLC

24 May 2022

 

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	Exercise of 100,237 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 20,829 shares, including those sold to satisfy income tax and NIC liabilities.
c)	Price(s) and volume(s)	Acquisition of shares on exercise of share option £6.49 £5.818 £4.85 19,897 37,814 42,526 Shares retained to settle the cost of exercise £7.5553 73,510 Sale of shares (including those sold to satisfy income tax and NIC liability) £7.5553 20,829 Shares retained 5,898
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  100,237 Price GBP:  £555,384.48 Shares retained to settle the cost of exercise Volume:  73,510 Price GBP:  £555,390.10 Shares sold, including those sold to satisfy income tax and NIC liability Volume:  20,829 Price GBP:  £157,369.34
e)	Date of the transaction	2022-05-20
f)	Place of the transaction	XLON - London Stock Exchange

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	Exercise of 17,348 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 13,873 shares, including those sold to satisfy income tax and NIC liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of performance share awards Nil 17,348 Sale of shares, including those sold to satisfy income tax and NIC liability £7.5553 13,873 Shares retained 3,475
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 17,348 Price GBP: nil Shares sold, including those sold to satisfy income tax Volume: 13,873 Price GBP: £104,814.68
e)	Date of the transaction	2022-05-20
f)	Place of the transaction	XLON - London Stock Exchange

 

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