Director/PDMR Shareholding

RNS Number : 8533C
BAE SYSTEMS PLC
14 October 2022
 

 

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

 

Exercise of 288,602 options, under the 2012 Executive Share Option Plan and the subsequent sale of 153,976 shares, including those sold to satisfy tax liabilities.

 

c)

Price(s) and volume(s)

 

 

 

 

 

 

 

 

 

 


Price

Volume

Acquisition of shares on exercise of share options

 

£3.889

288,602

Shares retained to settle the cost of exercise

 

£8.337

134,626

Sale of shares, including those sold to satisfy tax liabilities

£8.337

153,976

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Exercise

Volume:  288,602

Price GBP:  £1,122,373.18

 

Shares retained to settle the cost of exercise

Volume:  134,626

Price GBP:  £1,122,376.962

 

Shares sold, including those sold to satisfy tax liabilities

Volume: 153,976

Price GBP: £1,283,697.912

 

e)

 

Date of the transaction

 

2022-10-11

f)

 

Place of the transaction

XLON - London Stock Exchange

 

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Companies

BAE Systems (BA.)
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