AI assistant
BAE Systems PLC — Director's Dealing 2018
Sep 25, 2018
4670_dirs_2018-09-25_60457157-f8b5-455d-a63e-9db4bee3b925.html
Director's Dealing
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information
You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.
RNS Number : 7817B
BAE SYSTEMS PLC
25 September 2018
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Alan Garwood
2
Reason for the notification
a)
Position/status
Group Business Development 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
Exercise of an option over 10,350 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent disposal of those shares.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share option | Nil | 10,350 |
| Sale of shares, including those sold to satisfy income tax and NIC liability | £6.262 | 10,350 |
| Shares retained | Nil |
d)
Aggregated information
- Aggregated volume
- Price
| Exercise Volume: 10,350 Price GBP: nil |
| Shares sold, including those sold to satisfy income tax and NIC liability Volume: 10,350 Price GBP: £64,811.70 |
e)
Date of the transaction
2018-09-21
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Alan Garwood
2
Reason for the notification
a)
Position/status
Group Business Development 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
Exercise of share options under the LTIP and the subsequent disposal of those shares.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share option | £5.4250 | 102,969 |
| Shares retained to settle the cost of exercise | £6.262 | 84,416 |
| Sale of shares, including those sold to satisfy income tax and NIC liability | £6.262 | 11,930 |
| Shares retained | 6,623 |
d)
Aggregated information
- Aggregated volume
- Price
| Exercise Volume: 102,969 Price GBP: £558,606.83 |
| Shares retained to settle the cost of exercise Volume: 84,416 Price GBP: £528,612.99 |
| Shares sold, including those sold to satisfy income tax and NIC liability Volume: 11,930 Price GBP: £74,705.66 |
e)
Date of the transaction
2018-09-21
f)
Place of the transaction
XLON - London Stock Exchange
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Alan Garwood |
| 2 | Reason for the notification | |
| a) | Position/status | Group Business Development 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 | Disposal of shares |
| c) | Price(s) and volume(s) | Volume: 25,000 Price: £6.316 |
| d) | Aggregated information - Aggregated volume - Price |
Aggregated volume: 25,000 shares £157,900.00 |
| e) | Date of the transaction | 2018-09-21 |
| f) | Place of the transaction | XLON - London Stock Exchange |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
END
DSHUSOKRWKAKUAR