Director/PDMR Shareholding
Released : 11 May 2023 13:24
RNS Number : 1465ZBAE SYSTEMS PLC11 May 2023Director/PDMR Shareholding
BAE Systems plc announces that on 5 May 2023 it made the following awards over ordinary shares of 2.5p each in BAE Systems plc under the BAE Systems Long Term Incentive Plan ("LTIP") to the Persons Discharging Managerial Responsibilities ("PDMRs") specified below:
|
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 |
Award of performance shares under the LTIP in the form of conditional awards |
|
c) |
Price(s) and volume(s) |
|
Award |
Price(s) |
Volume(s) |
Performance Shares |
Nil consideration |
106,898 |
Performance Shares |
Nil consideration |
18,864 |
Total: |
125,762 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume: 125,762shares £00.00 |
|
e) |
Date of the transaction |
Award made on 23-05-05 |
|
f) |
Place of the transaction |
Outside of a trading venue |
|
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 |
Award of performance shares under the LTIP in the form of nil cost options |
|
c) |
Price(s) and volume(s) |
|
Price |
Volume |
|
Nil consideration |
17,628 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume:17,628shares £00.00 |
|
e) |
Date of the transaction |
Award made on 23-05-05 |
|
f) |
Place of the transaction |
Outside of a trading venue |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Benjamin Hudson |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Chief Executive, BAE Systems Australia |
|
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 |
Award of performance shares under the LTIP in the form of nil cost options |
|
c) |
Price(s) and volume(s) |
|
Price |
Volume |
|
Nil consideration |
39,427 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume:39,427shares £00.00 |
|
e) |
Date of the transaction |
Award made on 23-05-05 |
|
f) |
Place of the transaction |
Outside of a trading venue |
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