| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||||||||||
| a)
| Name
| David Armstrong | ||||||||||||
| 2
| Reason for the notification
| |||||||||||||
| a)
| Position/status
| Group Managing Director of BAE Systems Digital Intelligence | ||||||||||||
| 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 69,278 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 13,369 shares, including those sold to satisfy income tax and NIC liabilities. | ||||||||||||
| c) | Price(s) and volume(s)
|
| ||||||||||||
| d)
| Aggregated information
- Aggregated volume
- Price
| Exercise Volume: 69,278 Price GBP: £335,998.3
Shares retained to settle the cost of exercise Volume: 40,906 Price GBP: £336,001.884
Shares sold, including those sold to satisfy income tax and NIC liability Volume: 13,369 Price GBP: £109,812.966
| ||||||||||||
| e)
| Date of the transaction
| 2022-12-07 | ||||||||||||
| f)
| Place of the transaction | XLON - London Stock Exchange | ||||||||||||
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