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BAE Systems PLC
Director's Dealing • Mar 22, 2023
4670_dirs_2023-03-22_5abee5b4-2f1e-4dbb-a7b8-ffb7eb167465.html
Director's Dealing
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National Storage Mechanism | Additional information 
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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