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BAE Systems PLC
Director's Dealing • Mar 3, 2022
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Director's Dealing
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National Storage Mechanism | Additional information 
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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