Director/PDMR Shareholding

RNS Number : 4500S

BAE SYSTEMS PLC

09 March 2023

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Glynn Phillips
2	Reason for the notification
a)	Position/status	Group Managing Director, Maritime and Land UK
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 3,259 performance shares granted as nil-cost options, under the Long Term Incentive Plan ("LTIP") and the subsequent sale of  1,536 shares, including those to satisfy income tax and NIC liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option Nil 3,259 Sale of shares, sold to satisfy income tax and NIC liability £9.1310 1,536 Shares retained 1,723
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  3,259 Price GBP:  nil Shares sold (including those sold to satisfy income tax and NIC liability) Volume:  1,536 Price GBP:  £14,025.22
e)	Date of the transaction	2023-03-07
f)	Place of the transaction	XLON - London Stock Exchange

 

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