Director/PDMR Shareholding
Released : 13 Apr 2023 13:28
RNS Number : 1594WBAE SYSTEMS PLC13 April 2023Director/PDMR Shareholding
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Gabrielle Costigan |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group Managing Director, Business Development |
|
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 20,000 unapproved options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 10,403 shares, including those to satisfy income tax and NIC liabilities. |
|
c) |
Price(s) and volume(s) |
|
Acquisition of shares on exercise of share option |
£4.851 |
20,000 |
Shares retained to settle the cost of exercise |
£10.110130 |
9,597 |
Sale of shares, including those to satisfy income tax and NIC liability |
£10.110130 |
10,403 |
|
d) |
Aggregated information - Aggregated volume - Price |
Exercise Volume: 20,000 Price GBP: £97,020 Shares retained to settle the cost of exercise Volume: 9,597 Price GBP: £97,026.92 Shares sold, including those to satisfy income tax and NIC liability Volume: 10,403 Price GBP: £105,175.68 |
|
e) |
Date of the transaction |
23-04-06 |
|
f) |
Place of the transaction |
XLON - London Stock Exchange |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Gabrielle Costigan |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group Managing Director, Business Development |
|
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 89,971 performance shares granted as nil-cost options, under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 66,723, including 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 |
89,971 |
Sale of shares including those to satisfy income tax and NIC liability |
£10.110130 |
66,723 |
Shares retained |
23,248 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
Exercise Volume: 89,971 Price GBP: nil Shares sold including those to satisfy income tax and NIC liability Volume: 66,723 Price GBP: £674,578.20 |
|
e) |
Date of the transaction |
23-04-06 |
|
f) |
Place of the transaction |
XLON - London Stock Exchange |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. ENDDSHUOUUROSUSAAR