Source - LSE Regulatory
RNS Number : 8508H
BAE SYSTEMS PLC
08 April 2022
 

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

 

 

Sale of shares.

c)

 

Price(s) and volume(s)

 

 

 

 

Price(s)

 

Volume(s)

£7.314

6,923

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 6,923 shares

 

£ 50,632.36

e)

 

Date of the transaction

 

22-04-07

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 136,899 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 38,109 shares, including those to satisfy income tax and NIC liabilities.

 

c)

 

Price(s) and volume(s)

 

 

 

 

Acquisition of shares on exercise of share option

 

£4.85

 

£5.82

80,874

 

56,025

Shares retained to settle the cost of exercise

 

£7.27

98,790

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

 

£7.27

38,109

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Exercise

Volume:  136,899

Price GBP:  £718,192.35

 

Shares retained to settle the cost of exercise

Volume:  98,790

Price GBP:  £718,203.30

 

Shares sold, including those to satisfy income tax and NIC liability

Volume:  38,109

Price GBP: £277,052.43

 

e)

 

Date of the transaction

 

22-04-07

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 28,456 performance shares granted as nil-cost options, under the Long Term Incentive Plan ("LTIP") and the subsequent sale 28,456 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

28,456

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

 

£7.27

28,456

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Exercise

Volume:  28,456

Price GBP:  nil

 

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

Volume:  28,456

Price GBP:  £206,875.12

 

e)

 

Date of the transaction

 

22-04-07

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

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END
 
 
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