BAE Systems PLC has released a notification detailing the share transactions of several individuals discharging managerial responsibilities (PDMRs) and persons closely associated with them. Bradley Greve, Group Finance Director, purchased 11 ordinary shares under the BAE Systems Share Incentive Plan at a price of £13.471313 per share on April 15, 2024, at the XLON - London Stock Exchange.
Additionally, Greve was awarded 5 matching shares under the same incentive plan at nil consideration, sourced from Treasury shares, on the same date. Karin Hoeing, Group ESG, Culture & Business Transformation Director, also purchased 10 partnership shares at a price of £13.471313 per share on the London Stock Exchange and was awarded 5 matching shares at nil consideration from Treasury shares on April 15, 2024.
Edward Gelsthorpe, Group General Counsel, was also involved in a transaction, although the details were not provided in the news release. The transactions were all related to ordinary shares of 2.5p each in BAE Systems PLC, with the company's LEI being 8SVCSVKSGDWMW2QHOH83.
The notifications provide insight into the share dealings of key individuals within BAE Systems PLC, shedding light on their participation in the company's Share Incentive Plan and the acquisition of ordinary shares.