Director/PDMR Shareholding

RNS Number : 8032F

BAE SYSTEMS PLC

23 March 2022

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Glynn Philips
2	Reason for the notification
a)	Position/status	Group Managing Director Maritime and Land
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  15,664 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of  4,765 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 £4.405 15,664 Shares retained to settle the cost of exercise £7.260 9,505 Sale of shares, including those sold to satisfy income tax and NIC liability £7.260 4,765 Shares retained 1,394
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  15,664 Price GBP:  £68,999.92 Shares retained to settle the cost of exercise Volume:  9,505 Price GBP:  £69,006.30 Shares sold, including those sold to satisfy income tax and NIC liability Volume:  4,765 Price GBP:  £34,593.90
e)	Date of the transaction	2022-03-21
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Glynn Philips
2	Reason for the notification
a)	Position/status	Group Managing Director Maritime and Land
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  6,576 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of  4,839 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 share option Nil 6,576 Sale of shares, including those sold to satisfy income tax and NIC liability £7.260 4,839 Shares retained 1,737
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 6,576 Price GBP: nil Shares sold, including those sold to satisfy income tax Volume: 4,839 Price GBP: £35,131.14
e)	Date of the transaction	2022-03-21
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Thomas Arseneault
2	Reason for the notification
a)	Position/status	President & CEO of BAE Systems, Inc
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	Acquisition of 77,240 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 34,923 shares to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on release of share awards Nil 77,240 Sale of shares, including those sold to satisfy tax liabilities £7.240 34,923 Shares retained 42,317
d)	Aggregated information - Aggregated volume - Price	Acquired Volume:  77,240 Price GBP:  nil Shares sold sold to satisfy tax liabilities Volume:  34,923 Price GBP: £252,848.28
e)	Date of the transaction	2022-03-21
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Thomas Arseneault
2	Reason for the notification
a)	Position/status	President & CEO of BAE Systems, Inc
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	Acquisition of 98,270 restricted shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 44,431 shares to satisfy tax liabilities.
c)	Price(s) and volume(s)	Acquisition of shares on release of share awards Nil 98,270 Sale of shares, to satisfy tax liabilities £7.240 44,431 Shares retained 53,839
d)	Aggregated information - Aggregated volume - Price	Acquired Volume:  98,270 Price GBP:  nil Shares sold to satisfy tax liabilities Volume:  44,431 Price GBP:  £321,687.77
e)	Date of the transaction	2022-03-21
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 & 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 67,113 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 10,650 shares to satisfy income tax and NIC liabilities.
c)	Price(s) and volume(s)	Acquisition of shares on exercise of share option £4.850 67,113 Shares retained to settle the cost of exercise £7.354 44,262 Sale of shares to satisfy income tax and NIC liability £7.354 10,650 Shares retained 12,201
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  67,113 Price GBP:  £325,498.05 Shares retained to settle the cost of exercise Volume:  44,262 Price GBP:  £325,502.75 Shares sold to satisfy income tax and NIC liability Volume:  10,650 Price GBP:  £78,320.10
e)	Date of the transaction	2022-03-22
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 & 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 22,773 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 10,614 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 22,773 Sale of shares to satisfy income tax and NIC liability £7.354 10,614 Shares retained 12,159
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 22,773 Price GBP: nil Shares sold to satisfy income tax Volume: 10,614 Price GBP: £78,055.36
e)	Date of the transaction	2022-03-22
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Armstrong
2	Reason for the notification
a)	Position/status	Group Managing Director, Digital Intelligence
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 23,861 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 11,243 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 23,861 Sale of shares to satisfy income tax and NIC liability £7.344 11,243 Shares retained 12,618
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 23,861 Price GBP: nil Shares sold to satisfy income tax Volume: 11,243 Price GBP: £82,568.59
e)	Date of the transaction	2022-03-22
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Dr Charles Woodburn
2	Reason for the notification
a)	Position/status	Chief Executive and 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 53,515 performance shars under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 25,216 shares to satisfy income tax and NIC liability.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option Nil 53,515 Sale of shares to satisfy income tax and NIC liability £7.34 25,216 Shares retained 28,299
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 53,515 Price GBP: nil Shares sold to satisfy income tax Volume: 25,216 Price GBP: £185,085.44
e)	Date of the transaction	2022-03-22
f)	Place of the transaction	XLON - London Stock Exchange

 

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