Director/PDMR Shareholding

BAE SYSTEMS PLC

07 September 2023

 

Director/PDMR Shareholding

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 19,688 unapproved share options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 8,399 shares, including those to satisfy income tax and NIC liabilities.
c)	Price(s) and volume(s)	Acquisition of shares on exercise of share option £5.140 19,688 Shares retained to settle the cost of exercise £10.1100 10,010 Sale of shares, including those to satisfy income tax and NIC liability £10.1100 8,399 Shares retained n/a 1,279
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  19,688 Price GBP: £101,196.32 Shares retained to settle the cost of exercise Volume:  10,010 Price GBP:  £101,201.10 Shares sold, including those to satisfy income tax and NIC liability Volume:  8,399 Price GBP: £84,913.89
e)	Date of the transaction	Award made on 23-09-04
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	Award of performance shares under the LTIP in the form of nil cost options and the subsequent sale of 5,500 shares, including those to satisfy income tax and NIC liabilities.
c)	Price(s) and volume(s)	Price Volume Award of performance shares under the LTIP Nil consideration 6,336 Sale of shares £10.1100 5,500 Shares retained 836
d)	Aggregated information - Aggregated volume - Price	Acquired Volume:  6,336 shares Price GBP: Nil Shares sold, including those to satisfy income tax and NIC liability Volume: 5,500 Price GBP: £55,605
e)	Date of the transaction	Award made on 23-09-04
f)	Place of the transaction	XLON - London Stock Exchange

 

END