This news release announces the share transactions of several individuals who hold managerial positions at BAE Systems plc. Bradley Greve, Group Finance Director, purchased 14 ordinary shares under the BAE Systems Share Incentive Plan at a price of £10.1917 per share. Karin Hoeing, Group ESG, Culture & Business Transformation Director, also purchased 13 ordinary shares under the same plan at the same price. Both transactions took place on August 14, 2023, on the London Stock Exchange.
Additionally, Bradley Greve and Karin Hoeing were awarded matching shares under the BAE Systems Share Incentive Plan. Greve received 7 shares at no cost, while Hoeing received 7 shares as well. These transactions were sourced from Treasury shares and took place outside of a trading venue.
David Armstrong, Group Managing Director, Digital Intelligence, also made a transaction involving ordinary shares of BAE Systems plc. However, the details of his transaction were not provided in the news release.
Overall, this news release provides information on the share transactions of key individuals at BAE Systems plc, including purchases and awards of shares under the company's Share Incentive Plan.