Director/PDMR Shareholding

RNS Number : 5162V

BAE SYSTEMS PLC

05 April 2023

 

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, 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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 64
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 64 shares £00.00
e)	Date of the transaction	2023-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

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, 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  69,264 unapproved options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of  16,661 shares to satisfy income tax and NIC liabilities.
c)	Price(s) and volume(s)	Acquisition of shares on exercise of share option £4.851 69,264 Shares retained to settle the cost of exercise £9.91 33,906 Sale of shares to satisfy income tax and NIC liability £9.91 16,661 Shares retained 18,697
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  69,264 Price GBP:  335,999.664 Shares retained to settle the cost of exercise Volume:  33,906 Price GBP:  £336,008.46 Shares sold to satisfy income tax and NIC liability Volume:  16,661 Price GBP: £165,110.51
e)	Date of the transaction	2023-04-03
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Edward Gelsthorpe
2	Reason for the notification
a)	Position/status	Group General Counsel
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  22,436 unapproved options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of  8,394 shares, including those to satisfy income tax and NIC liabilities.
c)	Price(s) and volume(s)	Acquisition of shares on exercise of share option £4.851 22,436 Shares retained to settle the cost of exercise £9.872 11,025 Sale of shares, including those to satisfy income tax and NIC liability £9.872 8,394 Shares retained 3,017
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  22,436 Price GBP:   108,837.04 Shares retained to settle the cost of exercise Volume:  11,025 Price GBP:  £108,838.80 Shares sold, including to satisfy income tax and NIC liability Volume:  8,394 Price GBP: £82,865.568
e)	Date of the transaction	2023-04-03
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Edward Gelsthorpe
2	Reason for the notification
a)	Position/status	Group General Counsel
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 15,297 performance shares granted as nil-cost options, under the Long Term Incentive Plan ("LTIP") and the subsequent sale 7,208 shares to satisfy income tax and NIC liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share option Nil 15,297 Sale of shares to satisfy income tax and NIC liability £9.872 7,208 Shares retained 8,089
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  15,297 Price GBP:  nil Shares sold to satisfy income tax and NIC liability Volume:  7,208 Price GBP:  £71,157.376
e)	Date of the transaction	2023-04-03
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Edward Gelsthorpe
2	Reason for the notification
a)	Position/status	Group General Counsel
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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 64
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 64 shares £00.00
e)	Date of the transaction	2023-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gabrielle Costigan
2	Reason for the notification
a)	Position/status	Group Managing Director, Business Development
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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 64
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 64 shares £00.00
e)	Date of the transaction	23-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 64
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 64 shares £00.00
e)	Date of the transaction	2023-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Bradley Greve
2	Reason for the notification
a)	Position/status	Group Finance 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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 64
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 64 shares £00.00
e)	Date of the transaction	2023-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Karin Hoeing
2	Reason for the notification
a)	Position/status	Group ESG, Culture & Business Transformation 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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 64
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 64 shares £00.00
e)	Date of the transaction	2023-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 64
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 64 shares £00.00
e)	Date of the transaction	2023-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 64
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 64 shares £00.00
e)	Date of the transaction	2023-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 64
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 64 shares £00.00
e)	Date of the transaction	2023-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Charles Woodburn
2	Reason for the notification
a)	Position/status	Group Chief Executive
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	Award of Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 64
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 64 shares £00.00
e)	Date of the transaction	2023-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

1		Details of the person discharging managerial responsibilities / person closely associated
a)		Name		Tania Gandamihardja
2		Reason for the notification
a)		Position/status		Group HR 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		Award of Free Shares under the BAE Systems Share Incentive Plan
c)		Price(s) and volume(s)		Price(s) Volume(s) Nil consideration 64
d)		Aggregated information - Aggregated volume - Price		Aggregated volume: 64 shares £00.00
e)		Date of the transaction		2023-03-31
f)		Place of the transaction		Outside of a trading venue (sourced from Treasury shares)
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		Award of Free Shares under the BAE Systems International Share Incentive Plan
c)	Price(s) and volume(s)		Price(s) Volume(s) Nil consideration 64
d)	Aggregated information - Aggregated volume - Price		Aggregated volume: 64 shares £00.00
e)	Date of the transaction		2023-03-31
f)	Place of the transaction		Outside of a trading venue (sourced from Treasury shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Benjamin Hudson
2	Reason for the notification
a)	Position/status	Chief Technology 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	Award of Free Shares under the BAE Systems International Profit Sharing Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 64
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 64 shares £00.00
e)	Date of the transaction	2023-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury shares)

 

END

 

 

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