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BAE Systems PLC
Director's Dealing • Apr 13, 2023
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 1594W
BAE SYSTEMS PLC
13 April 2023
Director/PDMR Shareholding
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Gabrielle Costigan
2
Reason for the notification
a)
Position/status
Group Managing Director, Business Development
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 20,000 unapproved options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 10,403 shares, including those to satisfy income tax and NIC liabilities.
c)
Price(s) and volume(s)
| Acquisition of shares on exercise of share option | £4.851 | 20,000 |
| Shares retained to settle the cost of exercise | £10.110130 | 9,597 |
| Sale of shares, including those to satisfy income tax and NIC liability | £10.110130 | 10,403 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 20,000
Price GBP: £97,020
Shares retained to settle the cost of exercise
Volume: 9,597
Price GBP: £97,026.92
Shares sold, including those to satisfy income tax and NIC liability
Volume: 10,403
Price GBP: £105,175.68
e)
Date of the transaction
23-04-06
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Gabrielle Costigan
2
Reason for the notification
a)
Position/status
Group Managing Director, Business Development
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 89,971 performance shares granted as nil-cost options, under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 66,723, including shares to satisfy income tax and NIC liability.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share option | Nil | 89,971 |
| Sale of shares including those to satisfy income tax and NIC liability | £10.110130 | 66,723 |
| Shares retained | 23,248 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 89,971
Price GBP: nil
Shares sold including those to satisfy income tax and NIC liability
Volume: 66,723
Price GBP: £674,578.20
e)
Date of the transaction
23-04-06
f)
Place of the transaction
XLON - London Stock Exchange
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