Director/PDMR Shareholding

RNS Number : 1594W

BAE SYSTEMS PLC

13 April 2023

 

Director/PDMR Shareholding

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gabrielle Costigan
2	Reason for the notification
a)	Position/status	Group Managing Director, Business Development
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 20,000 unapproved options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 10,403 shares, including those to satisfy income tax and NIC liabilities.
c)	Price(s) and volume(s)	Acquisition of shares on exercise of share option £4.851 20,000 Shares retained to settle the cost of exercise £10.110130 9,597 Sale of shares, including those to satisfy income tax and NIC liability £10.110130 10,403
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 20,000 Price GBP:   97,020 Shares retained to settle the cost of exercise Volume:  9,597 Price GBP:  £97,026.92 Shares sold, including those to satisfy income tax and NIC liability Volume:  10,403 Price GBP: £105,175.68
e)	Date of the transaction	23-04-06
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gabrielle Costigan
2	Reason for the notification
a)	Position/status	Group Managing Director, Business Development
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 89,971 performance shares granted as nil-cost options, under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 66,723, including 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 89,971 Sale of shares including those to satisfy income tax and NIC liability £10.110130 66,723 Shares retained 23,248
d)	Aggregated information - Aggregated volume - Price	Exercise Volume:  89,971 Price GBP:  nil Shares sold including those to satisfy income tax and NIC liability Volume: 66,723 Price GBP:  £674,578.20
e)	Date of the transaction	23-04-06
f)	Place of the transaction	XLON - London Stock Exchange

 

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