Source - LSE Regulatory
RNS Number : 8925T
BAE SYSTEMS PLC
22 March 2023
 

Director/PDMR Shareholding

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Thomas Arseneault

2

 

Reason for the notification

 

a)

 

Position/status

 

President & Chief Executive Officer, BAE Systems Inc and Director

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

 

 

Acquisition of 52,255 performance shares under the Long Term Incentive Plan and the subsequent sale of 23,627 shares to satisfy tax liabilities.

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

 

 


Price

Volume(s)

Acquisition of shares on release of share awards

Nil consideration

52,255

Sale of shares to satisfy tax liabilities

£9.2019

23,627

Share retained

 

28,628


 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Acquired

Volume:  52,255

Price GBP:  nil

 

Shares sold to satisfy tax liabilities

Volume:  23,627

Price GBP:  £217,412.49

 

e)

 

Date of the transaction

 

23-03-20

f)

 

Place of the transaction

 

XLON - London Stock Exchange

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Simon Barnes

2

 

Reason for the notification

 

a)

 

Position/status

 

Managing Director, BAE Systems Saudi Arabia

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

 

 

Acquisition of 3,771 performance shares under the Long Term Incentive Plan and the subsequent sale of 2,777 shares, including shares sold to satisfy tax liabilities.

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

 

 


Price

Volume(s)

Acquisition of shares on release of share awards

Nil consideration

3,771

Sale of shares, including those sold to satisfy tax liabilities

£9.4494

2,777

Share retained

 

994


 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Acquired

Volume:  3,771

Price GBP:  nil

 

Shares sold, including to satisfy tax liabilities

Volume:  2,777

Price GBP:  £26,240.93

 

e)

 

Date of the transaction

 

23-03-21

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

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END
 
 
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