Director/PDMR Shareholding

BAE SYSTEMS PLC

21 March 2024

 

Director/PDMR Shareholding

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
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 85,574 performance shares under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 40,322 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 85,574 Sale of shares to satisfy income tax and NIC liability £13.30 40,322 Shares retained 45,252
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  85,574 Price GBP:  £0 Shares sold to satisfy income tax   Volume:  40,322 Price GBP: £536,282.60
e)	Date of the transaction	24-03-20
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Thomas Arseneault
2	Reason for the notification
a)	Position/status	President & Chief Executive Officer, BAE Systems Inc and 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	Exercise of 39,961 performance shares under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 39,961 shares, including those to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume(s) Acquisition of shares on exercise of share option £0 39,961 Sale of shares, including those sold to satisfy tax liabilities £13.285337 39,961
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  39,961 Price GBP:  £0 Shares sold,including those sold to satisfy income tax liabilities Volume:  39,961 Price GBP: £530,895.3519
e)	Date of the transaction	24-03-20
f)	Place of the transaction	XLON - London Stock Exchange

 

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