Director/PDMR Shareholding
Released : 28 Feb 2023 13:19
RNS Number : 3734RBAE SYSTEMS PLC28 February 2023|
1 |
Details of the person discharging managerial responsibilities /person closely associated |
|
|
a) |
Name |
Glynn Phillips |
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2 |
Reason for the notification |
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|
a) |
Position/status |
Group Managing Director, Maritime and Land UK |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
BAE Systems plc |
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b) |
LEI |
8SVCSVKSGDWMW2QHOH83 |
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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 |
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|
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 2.5p each in BAE Systems plc GB0002634946 |
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b) |
Nature of the transaction |
Exercise of 27,666 share options under the BAE Systems Long Term Incentive Plan ("LTIP") and the subsequent sale of 9,292 shares, including those to satisfy income tax and NIC liabilities. |
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c) |
Price(s) and volume(s) |
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Price |
Volume |
|
Acquisition of shares on exercise of share option |
£4.988 |
27,666 |
|
Shares retained to settle the cost of exercise |
£9.179 |
15,035 |
Sale of shares, including those sold to satisfy tax liabilities |
£9.179 |
9,292 |
|
d) |
Aggregated information - Aggregated volume - Price |
Exercise Volume: 27,666 Price GBP: £137,998.00 Shares retained to settle the cost of exercise Volume: 15,035 Price GBP: £137,999.89 Shares sold, including those sold to satisfy tax liabilities Volume: 9,292 Price GBP: £85,287.33 |
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e) |
Date of the transaction |
2023-02-27 |
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f) |
Place of the transaction |
XLON - London Stock Exchange |
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