Director/PDMR Shareholding

By

Regulatory News | 05 Aug, 2020

Updated : 10:57

RNS Number : 2314V
BAE SYSTEMS PLC
05 August 2020
 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Christopher Boardman

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 options over 21,981 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 3,241 shares including those sold to satisfy income tax and NIC liability

 

c)

 

Price(s) and volume(s)

 

 

 


Price

Volume

Acquisition of shares on exercise of share option

Nil

21,981

Shares including those sold to satisfy income tax and NIC liability

£5.08331

19,079

Shares retained


2,902

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Exercise

Volume: 21,981

Price GBP: nil

Shares sold including those sold to satisfy income tax and NIC liability

Volume: 19,079

Price GBP: £96,984.47

e)

 

Date of the transaction

 

 

2020-08-03

f)

 

Place of the transaction

XLON - London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Philip Bramwell

2

 

Reason for the notification

 

a)

 

Position/status

 

Group General Counsel

 

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 options over 39,069 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 18,141 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

39,069

Sale of shares to satisfy income tax and NIC liability

£4.848

18,141

Shares retained


20,928

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

Exercise

Volume: 39,069

Price GBP: nil

Shares sold to satisfy income tax and NIC liability

Volume: 18,141

Price GBP: £87,947.56

e)

 

Date of the transaction

 

 

2020-08-03

f)

 

Place of the transaction

XLON - London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Charles Woodburn

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Executive 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 options over 49,525 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 3,241 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

49,525

Sale of shares to satisfy income tax and NIC liability

£4.8751

23,310

Shares retained


26,215

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

Exercise

Volume: 49,525

Price GBP: nil

Shares sold to satisfy income tax and NIC liability

Volume: 23,310

Price GBP: £113,638.58

e)

 

Date of the transaction

 

 

2020-08-03

f)

 

Place of the transaction

XLON - London Stock Exchange

 


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