Director/PDMR Shareholding

RNS Number : 8183R
BAE SYSTEMS PLC
10 March 2021
 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Mark Phillips

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Communications 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 options over 4,313 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 2,033 shares to satisfy income tax and NIC liability.

 

c)

 

Price(s) and volume(s)

 

 

 


Price

Volume

Acquisition of shares on exercise of share option

Nil

4,313

 

Sale of shares sold to satisfy income tax and NIC liability

£4.995

2,033

Shares retained


2,280

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Exercise

Volume: 4,313

Price GBP: nil

Shares sold to satisfy income tax and NIC liability

Volume: 2,033

Price GBP: £10,155.83

e)

 

Date of the transaction

 

 

2021-03-09

f)

 

Place of the transaction

XLON - London Stock Exchange

 

 

 

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BAE Systems (BA.)
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