Source - LSE Regulatory
RNS Number : 5820D
BAE SYSTEMS PLC
03 March 2022
 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Clifford Robson

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Managing Director, Air

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 8,755 performance shares granted as nil-cost options, under the Long Term Incentive Plan ("LTIP") and the subsequent sale of  6,443 shares, including those to satisfy income tax and NIC liabilities.

 

c)

Price(s) and volume(s)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Price

Volume

Acquisition of shares on exercise of share option

 

Nil

8,755

Sale of shares, including those sold to satisfy income tax and NIC liability

 

£7.146

6,443

Shares retained

 

2,312

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Exercise

Volume:  8,755

Price GBP:  nil

 

Shares sold (including those sold to satisfy income tax and NIC liability)

Volume:  6,443

Price GBP:  £46,041.68

 

e)

 

Date of the transaction

 

2022-03-01

f)

 

Place of the transaction

XLON - London Stock Exchange

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Clifford Robson

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Managing Director, Air

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 41,931 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 30,297 shares, including those to satisfy income tax and NIC liabilities.

 

c)

Price(s) and volume(s)

 

 

 

Acquisition of shares on exercise of share option

 

£5.425

 

£4.988

16,798

 

25,133

Shares retained to settle the cost of exercise

 

£7.146

30,297

Sale of shares, including those sold to satisfy income tax and NIC liability

 

£7.146

9,207

Shares retained

 

2,427

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Exercise

Volume:  41,931

Price GBP:  £216,492.55

 

Shares retained to settle the cost of exercise

Volume:  30,297

Price GBP:  £216,502.36

 

Shares sold (including those sold to satisfy income tax and NIC liability)

Volume:  9,207

Price GBP:  £65,793.22

 

e)

 

Date of the transaction

 

2022-03-01

f)

 

Place of the transaction

XLON - London Stock Exchange

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Clifford Robson

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Managing Director, Air

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 5,529 HMRC Approved options under the Long Term Incentive Plan ("LTIP"), and the subsequent sale of 4,375 shares, including those to satisfy the Option Cost.

 

c)

Price(s) and volume(s)

 

 

 

 

 

 

 

 

 

 

 

Acquisition of shares on exercise of HMRC Approved

share option

 

£5.5425

5,529

Sale of shares, including those sold to satisfy the Option Cost

 

£7.146

4,375

Shares retained

 

1,154

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Exercise

Volume:  5,529

Price GBP:  £39,510.234

 

 

Shares sold (including those sold to satisfy the Option Cost)

Volume:  4,375

Price GBP:  £31,263.75

 

e)

 

Date of the transaction

 

2022-03-01

f)

 

Place of the transaction

XLON - London Stock Exchange

 

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

 

Sale of 95,000 shares

 

c)

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£7.42

95,000

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Shares sold

Volume: 95,000

Price GBP:  £704,900

 

e)

 

Date of the transaction

 

2022-02-28

f)

 

Place of the transaction

XLON - London Stock Exchange

 

 

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END
 
 
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