Director/PDMR Shareholding
Released : 22 Mar 2023 12:23
RNS Number : 8925TBAE SYSTEMS PLC22 March 2023Director/PDMR Shareholding
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 |
Acquisition of 52,255 performance shares under the Long Term Incentive Plan and the subsequent sale of 23,627 shares to satisfy tax liabilities. |
c) |
Price(s) and volume(s) |
|
Price |
Volume(s) |
|
Acquisition of shares on release of share awards |
Nil consideration |
52,255 |
Sale of shares to satisfy tax liabilities |
£9.2019 |
23,627 |
Share retained |
28,628 |
|
d) |
Aggregated information - Aggregated volume - Price |
Acquired Volume: 52,255 Price GBP: nil Shares sold to satisfy tax liabilities Volume: 23,627 Price GBP: £217,412.49 |
e) |
Date of the transaction |
23-03-20 |
f) |
Place of the transaction |
XLON - London Stock Exchange |
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 |
Acquisition of 3,771 performance shares under the Long Term Incentive Plan and the subsequent sale of 2,777 shares, including shares sold to satisfy tax liabilities. |
c) |
Price(s) and volume(s) |
|
Price |
Volume(s) |
|
Acquisition of shares on release of share awards |
Nil consideration |
3,771 |
Sale of shares, including those sold to satisfy tax liabilities |
£9.4494 |
2,777 |
Share retained |
994 |
|
d) |
Aggregated information - Aggregated volume - Price |
Acquired Volume: 3,771 Price GBP: nil Shares sold, including to satisfy tax liabilities Volume: 2,777 Price GBP: £26,240.93 |
e) |
Date of the transaction |
23-03-21 |
f) |
Place of the transaction |
XLON - London Stock Exchange |
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