Director/PDMR Shareholding

BAE SYSTEMS PLC

05 April 2024

 

Director/PDMR Shareholding

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 21,631 performance shares under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 15,917 shares, including those sold to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume(s) Acquisition of shares on exercise of share option £0 21,631 Sale of shares including those sold to satisfy tax liabilities £ 13.153325 15,917 Shares retained 5,714
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  21,631 Price GBP:  £0 Shares sold including those to satisfy income tax liabilities Volume:  15,917 Price GBP: £ 209,361.47
e)	Date of the transaction	24-04-04
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 22,208 options under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 10,127 shares, including those sold to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume(s) Acquisition of shares on exercise of share options £4.999 22,208 Shares retained to settle the cost of exercise £ 13.153325 8,441 Sale of shares including those sold to satisfy tax liabilities £ 13.153325 10,127 Shares retained 3,640
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  22,208 Price GBP:  £ 111,017.79 Shares retained to settle the cost of exercise Volume:  8,441 Price GBP:  £111,027.22 Shares sold including those to satisfy income tax liabilities Volume:  10,127 Price GBP: £ 133,203.72
e)	Date of the transaction	24-04-04
f)	Place of the transaction	XLON - London Stock Exchange

 

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