BAE Systems PLC has released a notification regarding the share transactions of several individuals discharging managerial responsibilities. Bradley Greve, Group Finance Director, purchased 12 ordinary shares at a price of £12.292236 each, totaling £147.50. Additionally, he was awarded 6 matching shares under the BAE Systems Share Incentive Plan at no cost. Karin Hoeing, Group ESG, Culture & Business Transformation Director, also purchased 11 ordinary shares at a price of £12.292236 each, totaling £135.22, and was awarded 6 matching shares at no cost. Edward Gelsthorpe, Group General Counsel, was also involved in a similar notification.
The transactions were conducted on February 14, 2024, with the purchases taking place on the XLON - London Stock Exchange and the awards sourced from Treasury shares outside of a trading venue. The notification provides detailed information about the nature of the transactions, the financial instruments involved, and the individuals' positions and names. This notification is in compliance with the regulatory requirements for transparency regarding share transactions by persons discharging managerial responsibilities within BAE Systems PLC.