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BAE Systems PLC
Director's Dealing • Apr 24, 2023
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 2383X
BAE SYSTEMS PLC
24 April 2023
Director/PDMR Shareholding
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 50,247 options under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 22,767 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 | £4.851 | 50,247 |
| Shares retained to settle the cost of exercise | £10.1360 | 24,048 |
| Sale of shares, including those sold to satisfy tax liabilities | £10.1360 | 22,767 |
| Shares retained | 3,432 | |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 50,247
Price GBP: £243,748.20
Shares retained to settle the cost of exercise
Volume: 24,048
Price GBP: £243,750.53
Shares sold, including those sold to satisfy tax liabilities
Volume: 22,767
Price GBP: £230,766.31
e)
Date of the transaction
23-04-20
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
Acquisition of 29,010 performance shares, in the form of nil cost options, under the LTIP and the subsequent sale of 25,207 shares, including those sold to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume(s) | |
| Acquisition of shares on exercise of nil cost options | - | 29,010 |
| Sale of shares, including those sold to satisfy tax liabilities | £10.1360 | 25,207 |
| Shares retained | 3,803 | |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 29,010
Price GBP: £0.00
Shares sold, including those sold to satisfy tax liabilities
Volume: 25,207
Price GBP: £255,498.15
e)
Date of the transaction
23-04-20
f)
Place of the transaction
XLON - London Stock Exchange
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Lady Stephanie Carr |
| 2 | Reason for the notification | |
| a) | Position/status | A person closely associated with Sir Roger Carr, Chairman |
| 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 | Transfer of 166,639 shares to the Corporate Sponsored Nominee. |
| c) | Price(s) and volume(s) | Volume: 166,639 Price: nil consideration |
| d) | Aggregated information - Aggregated volume - Price |
Aggregated volume: 166,639 shares Nil consideration |
| e) | Date of the transaction | 2023-04-20 |
| f) | Place of the transaction | Outside of a trading venue |
| 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 | Transfer of 4,418 shares to the Corporate Sponsored Nominee. |
| c) | Price(s) and volume(s) | Volume: 4,418 Price: nil consideration |
| d) | Aggregated information - Aggregated volume - Price |
Aggregated volume: 4,418 shares Nil consideration |
| e) | Date of the transaction | 2023-04-20 |
| f) | Place of the transaction | Outside of a trading venue |
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