Company Announcements

Director/PDMR Shareholding

Source: RNS
RNS Number : 3109J
BAE SYSTEMS PLC
23 October 2024
 

BAE Systems plc

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Tom Arseneault

G

 

Reason for the notification

 

a)

 

Position/status

 

President and Chief Executive Officer of BAE Systems, Inc.

 

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 258,380 options under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 152,999 shares.

 

c)

 

Price(s) and volume(s)

 

 

 


Price

Volume(s)

Acquisition of shares on exercise of share option

 

£5.425

258,380

Shares retained to settle the cost of exercise

£13.30149

105,381

Sale of shares including those sold to satisfy tax liabilities

£13.30149

152,999

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

 

- Price

 

 

 

 

 

Exercise---

Volume:  258,380

Price GBP: £1,401,711.50

 

Shares retained to settle the cost of exercise

Volume: 105,381

Price: £1,401,724.32

 

Shares sold including those to satisfy tax liabilities

Volume: 152,999

Price GBP: £2,035,114.67

 

e)

 

Date of the transaction

 

 

2024-10-22

f)

 

Place of the transaction

 

 

XLON - London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Tom Arseneault

G

 

Reason for the notification

 

a)

 

Position/status

 

President and Chief Executive Officer of BAE Systems, Inc.

 

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 289,258 options under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 180,787 shares.

 

c)

 

Price(s) and volume(s)

 

 

 


Price

Volume(s)

Acquisition of shares on exercise of share option

 

£4.988

289,258

Shares retained to settle the cost of exercise

£13.30149

108,471

Sale of shares including those sold to satisfy tax liabilities

£13.30149

180,787

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

 

- Price

 

 

 

 

 

Exercise---

Volume:  289,258

Price GBP: £1,442,818.90

 

Shares retained to settle the cost of exercise

Volume: 108,471

Price GBP: £144,825.92

 

Shares sold including those to satisfy tax liabilities

Volume: 180,787

Price GBP: £2,404,736.47

 

e)

 

Date of the transaction

 

 

2024-10-22

f)

 

Place of the transaction

 

 

XLON - London Stock Exchange

 

 

23 October 2024

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