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BAE Systems PLC
Director's Dealing • Apr 5, 2024
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 5410J
BAE SYSTEMS PLC
05 April 2024
Director/PDMR Shareholding
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Edward Gelsthorpe
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
Exercise of 21,631 performance shares under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 15,917 shares, including those sold to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume(s) | |
| Acquisition of shares on exercise of share option | £0 | 21,631 |
| Sale of shares including those sold to satisfy tax liabilities | £ 13.153325 | 15,917 |
| Shares retained | 5,714 | |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 21,631
Price GBP: £0
Shares sold including those to satisfy income tax liabilities
Volume: 15,917
Price GBP: £ 209,361.47
e)
Date of the transaction
24-04-04
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Edward Gelsthorpe
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
Exercise of 22,208 options under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 10,127 shares, including those sold to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume(s) | |
| Acquisition of shares on exercise of share options | £4.999 | 22,208 |
| Shares retained to settle the cost of exercise | £ 13.153325 | 8,441 |
| Sale of shares including those sold to satisfy tax liabilities | £ 13.153325 | 10,127 |
| Shares retained | 3,640 | |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 22,208
Price GBP: £ 111,017.79
Shares retained to settle the cost of exercise
Volume: 8,441
Price GBP: £111,027.22
Shares sold including those to satisfy income tax liabilities
Volume: 10,127
Price GBP: £ 133,203.72
e)
Date of the transaction
24-04-04
f)
Place of the transaction
XLON - London Stock Exchange
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