Director/PDMR Shareholding

BAE SYSTEMS PLC

11 March 2024

 

Director/PDMR Shareholding

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Dr Charles Woodburn
2	Reason for the notification
a)	Position/status	Group Chief Executive 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	Exercise of 704,014 performance shares under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 331,716 shares to satisfy income tax and NIC liabilities.
c)	Price(s) and volume(s)	Price Volume(s) Acquisition of shares on exercise of share option £0 704,014 Sale of shares to satisfy income tax and NIC liability £12.546 331,716 Shares retained 372,298
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  704,014 Price GBP:  £0 Shares sold to satisfy income tax   Volume:  331,716 Price GBP: £4,161,708.936
e)	Date of the transaction	24-03-08
f)	Place of the transaction	XLON - London Stock Exchange

 

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