Director/PDMR Shareholding

RNS Number : 6657U

BAE SYSTEMS PLC

29 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 398,029 performance and restricted shares under the Long Term Incentive Plan and the subsequent sale of 179,962 shares to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume(s) Acquisition of shares on release of share awards Nil consideration 398,029 Sale of shares to satisfy tax liabilities £9.8361 179,962 Share retained 218,067
d)	Aggregated information - Aggregated volume - Price	Acquired Volume:  398,029 Price GBP:  nil Shares sold to satisfy tax liabilities Volume:  179,962 Price GBP:  £1,770,124.23
e)	Date of the transaction	23-03-27
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Caitlin Hayden
2	Reason for the notification
a)	Position/status	Group Communications 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 22,665 performance and restricted shares under the Long Term Incentive Plan and the subsequent sale of 8,158 shares to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume(s) Acquisition of shares on release of share awards Nil consideration 22,665 Sale of shares to satisfy tax liabilities £9.8361 8,158 Share retained 14,507
d)	Aggregated information - Aggregated volume - Price	Acquired Volume:  22,665 Price GBP:  nil Shares sold to satisfy tax liabilities Volume:  8,158 Price GBP:  £80,242.90
e)	Date of the transaction	23-03-27
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 & 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	Exercise of 304,245 options under the 2012 Executive Share Option Plan and the subsequent sale of 176,623 shares including those to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume(s) Acquisition of shares on exercise of share options £4.115 304,245 Shares retained to settle the cost of exercise £9.81 127,622 Sale of shares, including those sold to satisfy tax liabilities £9.81 176,623 Share retained -
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  304,245 Price GBP:  £1,251,968.18 Shares retained to settle the cost of exercise Volume:  127,622 Price GBP:  £1,251,971.82 Shares sold, including those sold to satisfy tax liabilities Volume:  176,623 Price GBP: £1,732,671.63
e)	Date of the transaction	23-03-27
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 86,491 options under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 19,670 shares including those to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume(s) Acquisition of shares on exercise of share options £6.49 17,714 Acquisition of shares on exercise of share options £4.851 68,777 Shares retained to settle the cost of exercise £9.832 45,082 Sale of shares to satisfy tax liabilities and the balance of option cost £9.832 19,670 Share retained 21,739
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  17,714 Price GBP:  £114,963.86 Volume:  68,777 Price GBP:  £333,637.23 Shares retained to settle the cost of exercise Volume:  45,082 Price GBP:  £443,246.22 Shares sold to satisfy tax liabilities and the balance of the option cost Volume:  19,670 Price GBP: £193,395.44
e)	Date of the transaction	23-03-27
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	Acquisition of 44,977 performance shares, in the form of nil cost options, under the LTIP and the subsequent sale of 21,193 shares to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume(s) Acquisition of shares on exercise of nil cost options - 44,977 Sale of shares to satisfy tax liabilities £9.832 21,193 Share retained 23,784
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  44,977 Price GBP:  £0 Shares sold to satisfy tax liabilities Volume:  21,193 Price GBP: £208,369.58
e)	Date of the transaction	23-03-27
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	Exercise of 17,151 options under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 6,399 shares, including those sold to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume(s) Acquisition of shares on exercise of share options £4.851 17,151 Shares retained to settle the cost of exercise £9.844 8,452 Sale of shares, including those sold  to satisfy tax liabilities £9.844 6,399 Share retained 2,300
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  17,151 Price GBP:  £83,199.50 Shares retained to settle the cost of exercise Volume:  8,452 Price GBP:  £83,201.49 Shares sold, including those sold to satisfy tax liabilities Volume:  6,399 Price GBP: £62,991.76
e)	Date of the transaction	23-03-28
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 8,014 performance shares, in the form of nil cost options, under the LTIP and the subsequent sale of 5,896 shares, including those sold to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume(s) Acquisition of shares on exercise of nil cost options - 8,014 Sale of shares, including those sold to satisfy tax liabilities £9.844 5,896 Share retained 2,118
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  8,014 Price GBP:  £0 Shares sold, including those sold to satisfy tax liabilities Volume:  5,896 Price GBP: £58,040.22
e)	Date of the transaction	23-03-28
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Clifford Robson
2	Reason for the notification
a)	Position/status	Group Managing Director, Air
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	Sale of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £9.659144 2,965
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 2,965 shares £ 28,639.36
e)	Date of the transaction	23-03-27
f)	Place of the transaction	XLON - London Stock Exchange

 

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