Director/PDMR Shareholding

RNS Number : 1594W
BAE SYSTEMS PLC
13 April 2023
 

Director/PDMR Shareholding

 

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

 

 

Exercise of 20,000 unapproved options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 10,403 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

 

20,000

Shares retained to settle the cost of exercise

£10.110130

 

9,597

 

Sale of shares, including those to satisfy income tax and NIC liability

£10.110130

 

10,403

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Exercise

Volume: 20,000

Price GBP:   97,020

 

Shares retained to settle the cost of exercise

Volume:  9,597

Price GBP:  £97,026.92

 

Shares sold, including those to satisfy income tax and NIC liability

Volume:  10,403

Price GBP: £105,175.68

 

e)

 

Date of the transaction

 

23-04-06

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

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

 

 

Exercise of 89,971 performance shares granted as nil-cost options, under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 66,723, including shares to satisfy income tax and NIC liability.

c)

 

Price(s) and volume(s)

 

 

 

 


Price

Volume

Acquisition of shares on exercise of share option

Nil

89,971

Sale of shares including those to satisfy income tax and NIC liability

£10.110130

 

66,723

Shares retained


23,248

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Exercise

Volume:  89,971

Price GBP:  nil

 

Shares sold including those to satisfy income tax and NIC liability

Volume: 66,723

Price GBP:  £674,578.20

 

e)

 

Date of the transaction

 

23-04-06

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHUOUUROSUSAAR

Companies

BAE Systems (BA.)
UK 100