Director/PDMR Shareholding

RNS Number : 8925T

BAE SYSTEMS PLC

22 March 2023

 

Director/PDMR Shareholding

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Thomas Arseneault
2	Reason for the notification
a)	Position/status	President & Chief Executive Officer, BAE Systems Inc 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	Acquisition of 52,255 performance shares under the Long Term Incentive Plan and the subsequent sale of 23,627 shares to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume(s) Acquisition of shares on release of share awards Nil consideration 52,255 Sale of shares to satisfy tax liabilities £9.2019 23,627 Share retained 28,628
d)	Aggregated information - Aggregated volume - Price	Acquired Volume:  52,255 Price GBP:  nil Shares sold to satisfy tax liabilities Volume:  23,627 Price GBP:  £217,412.49
e)	Date of the transaction	23-03-20
f)	Place of the transaction	XLON - London Stock Exchange
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Simon Barnes
2	Reason for the notification
a)	Position/status	Managing Director, BAE Systems Saudi Arabia
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 3,771 performance shares under the Long Term Incentive Plan and the subsequent sale of 2,777 shares, including shares sold to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume(s) Acquisition of shares on release of share awards Nil consideration 3,771 Sale of shares, including those sold to satisfy tax liabilities £9.4494 2,777 Share retained 994
d)	Aggregated information - Aggregated volume - Price	Acquired Volume:  3,771 Price GBP:  nil Shares sold, including to satisfy tax liabilities Volume:  2,777 Price GBP:  £26,240.93
e)	Date of the transaction	23-03-21
f)	Place of the transaction	XLON - London Stock Exchange

 

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