Director/PDMR Shareholding

RNS Number : 5664V

BAE SYSTEMS PLC

10 August 2022

 

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 51,994 share options under the BAE Systems Long Term Incentive Plan ("LTIP") and the subsequent sale of 9,853 shares to satisfy income tax, NIC liability and the balance of the cost of exercise.
c)	Price(s) and volume(s)	Acquisition of shares on exercise of share option £5.818 51,994 Shares retained to settle the cost of exercise £7.946 34,295 Sale of shares to satisfy income tax, NIC liability and the balance of the cost of exercise £7.946 9,853 Shares retained n/a 7,846
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  51,994 Price GBP:  £302,501.09 Shares retained to settle the cost of exercise Volume:  34,295 Price GBP:  £272,508.07 Shares sold to satisfy income tax, NIC liability and the balance of the cost of exercise Volume:  9,853 Price GBP: £78,291.94
e)	Date of the transaction	22-08-09
f)	Place of the transaction	XLON - London Stock Exchange

 

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