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Director/PDMR Shareholding

21 Mar 2024 14:03

RNS Number : 8388H
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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DSHUARSRSRUOUAR
Date   Source Headline
25th Feb 20267:00 amRNSTransaction in Own Shares
24th Feb 20267:00 amRNSTransaction in Own Shares
23rd Feb 20267:00 amRNSTransaction in Own Shares
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