Source - LSE Regulatory
RNS Number : 3395V
BAE SYSTEMS PLC
13 April 2021
 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Philip Bramwell

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 options over 39,903 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 18,794 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

39,903

Sale of shares to satisfy income tax and NIC liability

£5.056

18,794

Shares retained


21,109

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

Exercise

Volume: 39,903

Price GBP: nil

Shares sold to satisfy income tax and NIC liability

Volume: 18,794

Price GBP: £95,022.46

e)

 

Date of the transaction

 

 

2021-04-12

f)

 

Place of the transaction

XLON - London Stock Exchange

 

 

 

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