Director/PDMR Shareholding
Released : 05 Apr 2023 13:49
RNS Number : 5162VBAE SYSTEMS PLC05 April 2023|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
David Armstrong |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group Managing Director, Digital Intelligence |
|
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 Free Shares under the BAE Systems Share Incentive Plan |
|
c) |
Price(s) and volume(s) |
|
|
Price(s) |
Volume(s) |
|
Nil consideration |
64 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume: 64 shares £00.00 |
|
e) |
Date of the transaction |
2023-03-31 |
|
f) |
Place of the transaction |
Outside of a trading venue (sourced from Treasury shares) |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
David Armstrong |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group Managing Director, Digital Intelligence |
|
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 69,264 unapproved options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 16,661 shares to satisfy income tax and NIC liabilities. |
|
c) |
Price(s) and volume(s) |
|
|
Acquisition of shares on exercise of share option |
£4.851 |
69,264 |
|
Shares retained to settle the cost of exercise |
£9.91 |
33,906 |
|
Sale of shares to satisfy income tax and NIC liability |
£9.91 |
16,661 |
Shares retained |
18,697 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
Exercise Volume: 69,264 Price GBP: £335,999.664 Shares retained to settle the cost of exercise Volume: 33,906 Price GBP: £336,008.46 Shares sold to satisfy income tax and NIC liability Volume: 16,661 Price GBP: £165,110.51 |
|
e) |
Date of the transaction |
2023-04-03 |
|
f) |
Place of the transaction |
Outside of a trading venue (sourced from Treasury shares) |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Edward Gelsthorpe |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group General Counsel |
|
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 22,436 unapproved options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 8,394 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 |
22,436 |
|
Shares retained to settle the cost of exercise |
£9.872 |
11,025 |
|
Sale of shares, including those to satisfy income tax and NIC liability |
£9.872 |
8,394 |
Shares retained |
3,017 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
Exercise Volume: 22,436 Price GBP: £108,837.04 Shares retained to settle the cost of exercise Volume: 11,025 Price GBP: £108,838.80 Shares sold, including to satisfy income tax and NIC liability Volume: 8,394 Price GBP: £82,865.568 |
|
e) |
Date of the transaction |
2023-04-03 |
|
f) |
Place of the transaction |
XLON - London Stock Exchange |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Edward Gelsthorpe |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group General Counsel |
|
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 15,297 performance shares granted as nil-cost options, under the Long Term Incentive Plan ("LTIP") and the subsequent sale 7,208 shares to satisfy income tax and NIC liabilities. |
c) |
Price(s) and volume(s) |
|
Price |
Volume |
|
|
Acquisition of shares on exercise of share option |
Nil |
15,297 |
|
Sale of shares to satisfy income tax and NIC liability |
£9.872 |
7,208 |
Shares retained |
8,089 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
Exercise Volume: 15,297 Price GBP: nil Shares sold to satisfy income tax and NIC liability Volume: 7,208 Price GBP: £71,157.376 |
|
e) |
Date of the transaction |
2023-04-03 |
|
f) |
Place of the transaction |
XLON - London Stock Exchange |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Edward Gelsthorpe |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group General Counsel |
|
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 Free Shares under the BAE Systems Share Incentive Plan |
|
c) |
Price(s) and volume(s) |
|
|
Price(s) |
Volume(s) |
|
Nil consideration |
64 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume: 64 shares £00.00 |
|
e) |
Date of the transaction |
2023-03-31 |
|
f) |
Place of the transaction |
Outside of a trading venue (sourced from Treasury shares) |
|
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 |
Award of Free Shares under the BAE Systems Share Incentive Plan |
|
c) |
Price(s) and volume(s) |
|
|
Price(s) |
Volume(s) |
|
Nil consideration |
64 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume: 64 shares £00.00 |
|
e) |
Date of the transaction |
23-03-31 |
|
f) |
Place of the transaction |
Outside of a trading venue (sourced from Treasury shares) |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Julian Cracknell |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Chief Technology & Information Officer |
|
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 Free Shares under the BAE Systems Share Incentive Plan |
|
c) |
Price(s) and volume(s) |
|
|
Price(s) |
Volume(s) |
|
Nil consideration |
64 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume: 64 shares £00.00 |
|
e) |
Date of the transaction |
2023-03-31 |
|
f) |
Place of the transaction |
Outside of a trading venue (sourced from Treasury shares) |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Bradley Greve |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group Finance 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 Free Shares under the BAE Systems Share Incentive Plan |
|
c) |
Price(s) and volume(s) |
|
|
Price(s) |
Volume(s) |
|
Nil consideration |
64 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume: 64 shares £00.00 |
|
e) |
Date of the transaction |
2023-03-31 |
|
f) |
Place of the transaction |
Outside of a trading venue (sourced from Treasury shares) |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Karin Hoeing |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group ESG, Culture & Business Transformation 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 Free Shares under the BAE Systems Share Incentive Plan |
|
c) |
Price(s) and volume(s) |
|
|
Price(s) |
Volume(s) |
|
Nil consideration |
64 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume: 64 shares £00.00 |
|
e) |
Date of the transaction |
2023-03-31 |
|
f) |
Place of the transaction |
Outside of a trading venue (sourced from Treasury shares) |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Glynn Phillips |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group Managing Director Maritime and Land UK |
|
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 Free Shares under the BAE Systems Share Incentive Plan |
|
c) |
Price(s) and volume(s) |
|
|
Price(s) |
Volume(s) |
|
Nil consideration |
64 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume: 64 shares £00.00 |
|
e) |
Date of the transaction |
2023-03-31 |
|
f) |
Place of the transaction |
Outside of a trading venue (sourced from Treasury shares) |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Caitlin Hayden |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group Communications 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 Free Shares under the BAE Systems Share Incentive Plan |
|
c) |
Price(s) and volume(s) |
|
|
Price(s) |
Volume(s) |
|
Nil consideration |
64 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume: 64 shares £00.00 |
|
e) |
Date of the transaction |
2023-03-31 |
|
f) |
Place of the transaction |
Outside of a trading venue (sourced from Treasury shares) |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Clifford Robson |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group Managing Director, Air |
|
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 Free Shares under the BAE Systems Share Incentive Plan |
|
c) |
Price(s) and volume(s) |
|
|
Price(s) |
Volume(s) |
|
Nil consideration |
64 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume: 64 shares £00.00 |
|
e) |
Date of the transaction |
2023-03-31 |
|
f) |
Place of the transaction |
Outside of a trading venue (sourced from Treasury shares) |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Charles Woodburn |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group Chief Executive |
|
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 Free Shares under the BAE Systems Share Incentive Plan |
|
c) |
Price(s) and volume(s) |
|
|
Price(s) |
Volume(s) |
|
Nil consideration |
64 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume: 64 shares £00.00 |
|
e) |
Date of the transaction |
2023-03-31 |
|
f) |
Place of the transaction |
Outside of a trading venue (sourced from Treasury shares) |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||
|
a) |
Name |
Tania Gandamihardja |
|||
|
2 |
Reason for the notification |
||||
|
a) |
Position/status |
Group HR 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 Free Shares under the BAE Systems Share Incentive Plan |
|||
|
c) |
Price(s) and volume(s) |
||||
|
Price(s) |
Volume(s) |
||||
Nil consideration |
64 |
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume: 64 shares £00.00 |
|||
|
e) |
Date of the transaction |
2023-03-31 |
|||
|
f) |
Place of the transaction |
Outside of a trading venue (sourced from Treasury shares) |
|||
|
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 Free Shares under the BAE Systems International Share Incentive Plan |
|||
|
c) |
Price(s) and volume(s) |
||||
|
Price(s) |
Volume(s) |
||||
Nil consideration |
64 |
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume: 64 shares £00.00 |
|||
|
e) |
Date of the transaction |
2023-03-31 |
|||
|
f) |
Place of the transaction |
Outside of a trading venue (sourced from Treasury shares) |
|||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Benjamin Hudson |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Chief Technology Officer |
|
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 Free Shares under the BAE Systems International Profit Sharing Scheme |
|
c) |
Price(s) and volume(s) |
|
|
Price(s) |
Volume(s) |
|
Nil consideration |
64 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume: 64 shares £00.00 |
|
e) |
Date of the transaction |
2023-03-31 |
|
f) |
Place of the transaction |
Outside of a trading venue (sourced from Treasury shares) |
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. ENDDSHUVSUROOUSRAR