Director/PDMR Shareholding

RNS Number : 1026J

BAE SYSTEMS PLC

08 December 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 of BAE Systems 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 69,278 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 13,369 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 £ 4.850 69,278 Shares retained to settle the cost of exercise £8.214 40,906 Sale of shares, including those sold to satisfy income tax and NIC liability £8.214 13,369 Shares retained 15,003
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  69,278 Price GBP:  £335,998.3 Shares retained to settle the cost of exercise Volume:  40,906 Price GBP:  £336,001.884 Shares sold, including those sold to satisfy income tax and NIC liability Volume:  13,369 Price GBP:  £109,812.966
e)	Date of the transaction	2022-12-07
f)	Place of the transaction	XLON - London Stock Exchange

 

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