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BAE Systems PLC
Director's Dealing • Mar 21, 2024
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 8388H
BAE SYSTEMS PLC
21 March 2024
Director/PDMR Shareholding
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Glynn Phillips
2
Reason for the notification
a)
Position/status
Group Managing Director Maritime and Land
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 85,574 performance shares under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 40,322 shares to satisfy income tax and NIC liabilities.
c)
Price(s) and volume(s)
| Price | Volume(s) | |
| Acquisition of shares on exercise of share option | £0 | 85,574 |
| Sale of shares to satisfy income tax and NIC liability | £13.30 | 40,322 |
| Shares retained | 45,252 | |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 85,574
Price GBP: £0
Shares sold to satisfy income tax
Volume: 40,322
Price GBP: £536,282.60
e)
Date of the transaction
24-03-20
f)
Place of the transaction
XLON - London Stock Exchange
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
Exercise of 39,961 performance shares under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 39,961 shares, including those to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume(s) | |
| Acquisition of shares on exercise of share option | £0 | 39,961 |
| Sale of shares, including those sold to satisfy tax liabilities | £13.285337 | 39,961 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 39,961
Price GBP: £0
Shares sold,including those sold to satisfy income tax liabilities
Volume: 39,961
Price GBP: £530,895.3519
e)
Date of the transaction
24-03-20
f)
Place of the transaction
XLON - London Stock Exchange
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