BAE Systems PLC recently disclosed several transactions involving its directors and persons discharging managerial responsibilities (PDMRs). Bradley Greve, Group Finance Director, purchased 12 ordinary shares under the BAE Systems Share Incentive Plan at a price of £13.005339 per share on March 14, 2024, at the London Stock Exchange. Additionally, Greve was awarded 5 matching shares under the same plan at no cost, sourced from Treasury shares.
Karin Hoeing, Group ESG, Culture & Business Transformation Director, also participated in the BAE Systems Share Incentive Plan, purchasing 11 ordinary shares at a price of £13.005339 per share on the same date at the London Stock Exchange. Hoeing was also awarded 5 matching shares at no cost, sourced from Treasury shares.
Edward Gelsthorpe, Group General Counsel, made an initial notification of his transaction, which involved the purchase of 12 ordinary shares under the BAE Systems Share Incentive Plan. However, specific details of the transaction were not provided in the news release.
These transactions demonstrate the participation of key individuals within BAE Systems PLC in the company's Share Incentive Plan, reflecting their confidence in the organization's future and their commitment to its long-term success.