Director/PDMR Shareholding

RNS Number : 5820D

BAE SYSTEMS PLC

03 March 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 8,755 performance shares granted as nil-cost options, under the Long Term Incentive Plan ("LTIP") and the subsequent sale of  6,443 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 8,755 Sale of shares, including those sold to satisfy income tax and NIC liability £7.146 6,443 Shares retained 2,312
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  8,755 Price GBP:  nil Shares sold (including those sold to satisfy income tax and NIC liability) Volume:  6,443 Price GBP:  £46,041.68
e)	Date of the transaction	2022-03-01
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 41,931 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 30,297 shares, including those to satisfy income tax and NIC liabilities.
c)	Price(s) and volume(s)	Acquisition of shares on exercise of share option £5.425 £4.988 16,798 25,133 Shares retained to settle the cost of exercise £7.146 30,297 Sale of shares, including those sold to satisfy income tax and NIC liability £7.146 9,207 Shares retained 2,427
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  41,931 Price GBP:  £216,492.55 Shares retained to settle the cost of exercise Volume:  30,297 Price GBP:  £216,502.36 Shares sold (including those sold to satisfy income tax and NIC liability) Volume:  9,207 Price GBP:  £65,793.22
e)	Date of the transaction	2022-03-01
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 5,529 HMRC Approved options under the Long Term Incentive Plan ("LTIP"), and the subsequent sale of 4,375 shares, including those to satisfy the Option Cost.
c)	Price(s) and volume(s)	Acquisition of shares on exercise of HMRC Approved share option £5.5425 5,529 Sale of shares, including those sold to satisfy the Option Cost £7.146 4,375 Shares retained 1,154
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  5,529 Price GBP:  £39,510.234 Shares sold (including those sold to satisfy the Option Cost) Volume:  4,375 Price GBP:  £31,263.75
e)	Date of the transaction	2022-03-01
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	Sale of 95,000 shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £7.42 95,000
d)	Aggregated information - Aggregated volume - Price	Shares sold Volume: 95,000 Price GBP:  £704,900
e)	Date of the transaction	2022-02-28
f)	Place of the transaction	XLON - London Stock Exchange

 

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