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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Companies

BAE Systems (BA.)
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