TIDMBA.

RNS Number : 8032F

BAE SYSTEMS PLC

23 March 2022

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Glynn Philips 
     --------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status             Group Managing Director Maritime 
                                   and Land 
     --------------------------  -------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  -------------------------------------------- 
 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          Ordinary shares of 2.5p each in BAE 
       financial instrument,       Systems plc 
       type of instrument          GB0002634946 
       Identification code 
     --------------------------  -------------------------------------------- 
 b)   Nature of the transaction   Exercise of 15,664 options under 
                                   the Long Term Incentive Plan ("LTIP") 
                                   and the subsequent sale of 4,765 
                                   shares, including those sold to satisfy 
                                   income tax and NIC liabilities. 
     --------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)        Acquisition 
                                      of shares 
                                      on exercise 
                                      of share 
                                      option               GBP4.405    15,664 
                                     Shares retained 
                                      to settle 
                                      the cost 
                                      of exercise          GBP7.260    9,505 
                                                          ----------  ------- 
                                     Sale of shares, 
                                      including 
                                      those sold 
                                      to satisfy 
                                      income tax 
                                      and NIC liability    GBP7.260    4,765 
                                                          ----------  ------- 
                                     Shares retained                   1,394 
                                                                      ------- 
     --------------------------  -------------------------------------------- 
 d)   Aggregated information      Exercise 
       - Aggregated volume         Volume: 15,664 
       - Price                     Price GBP: GBP68,999.92 
 
                                   Shares retained to settle the cost 
                                   of exercise 
                                   Volume: 9,505 
                                   Price GBP: GBP69,006.30 
 
                                   Shares sold, including those sold 
                                   to satisfy income tax and NIC liability 
                                   Volume: 4,765 
                                   Price GBP: GBP34,593.90 
     --------------------------  -------------------------------------------- 
 e)   Date of the transaction     2022-03-21 
     --------------------------  -------------------------------------------- 
 f)   Place of the transaction    XLON - London Stock Exchange 
     --------------------------  -------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Glynn Philips 
     --------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status             Group Managing Director Maritime 
                                   and Land 
     --------------------------  -------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  -------------------------------------------- 
 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          Ordinary shares of 2.5p each in BAE 
       financial instrument,       Systems plc 
       type of instrument          GB0002634946 
       Identification code 
     --------------------------  -------------------------------------------- 
 b)   Nature of the transaction   Exercise of 6,576 performance shares 
                                   under the Long Term Incentive Plan 
                                   ("LTIP") and the subsequent sale 
                                   of 4,839 shares, including those 
                                   sold to satisfy income tax and NIC 
                                   liabilities. 
     --------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)                              Price       Volume 
                                     Acquisition 
                                      of shares 
                                      on exercise 
                                      of share 
                                      option               Nil         6,576 
                                                          ----------  ------- 
                                     Sale of shares, 
                                      including 
                                      those sold 
                                      to satisfy 
                                      income tax 
                                      and NIC liability    GBP7.260    4,839 
                                                          ----------  ------- 
                                     Shares retained                   1,737 
                                                                      ------- 
     --------------------------  -------------------------------------------- 
 d)   Aggregated information        Exercise 
       - Aggregated volume            Volume: 6,576 
       - Price                        Price GBP: nil 
                                     Shares sold, including those sold 
                                      to satisfy income tax 
                                      Volume: 4,839 
                                      Price GBP: GBP35,131.14 
     --------------------------  -------------------------------------------- 
 e)   Date of the transaction     2022-03-21 
     --------------------------  -------------------------------------------- 
 f)   Place of the transaction    XLON - London Stock Exchange 
     --------------------------  -------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Thomas Arseneault 
     --------------------------  --------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status             President & CEO of BAE Systems, Inc 
     --------------------------  --------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------------- 
 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          Ordinary shares of 2.5p each in BAE 
       financial instrument,       Systems plc 
       type of instrument          GB0002634946 
       Identification code 
     --------------------------  --------------------------------------------- 
 b)   Nature of the transaction   Acquisition of 77,240 performance 
                                   shares under the Long Term Incentive 
                                   Plan ("LTIP") and the subsequent 
                                   sale of 34,923 shares to satisfy 
                                   tax liabilities. 
     --------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)                            Price       Volume 
                                     Acquisition 
                                      of shares 
                                      on release 
                                      of share 
                                      awards             Nil         77,240 
                                                        ----------  ------- 
                                     Sale of shares, 
                                      including 
                                      those sold 
                                      to satisfy 
                                      tax liabilities    GBP7.240    34,923 
                                                        ----------  ------- 
                                     Shares retained                 42,317 
                                                                    ------- 
     --------------------------  --------------------------------------------- 
 d)   Aggregated information      Acquired 
       - Aggregated volume         Volume: 77,240 
       - Price                     Price GBP: nil 
                                   Shares sold sold to satisfy tax liabilities 
                                   Volume: 34,923 
                                   Price GBP: GBP252,848.28 
     --------------------------  --------------------------------------------- 
 e)   Date of the transaction     2022-03-21 
     --------------------------  --------------------------------------------- 
 f)   Place of the transaction    XLON - London Stock Exchange 
     --------------------------  --------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Thomas Arseneault 
     --------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ---------------------------------------------------------------------- 
 a)   Position/status             President & CEO of BAE Systems, Inc 
     --------------------------  ------------------------------------------ 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ------------------------------------------ 
 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          Ordinary shares of 2.5p each in BAE 
       financial instrument,       Systems plc 
       type of instrument          GB0002634946 
       Identification code 
     --------------------------  ------------------------------------------ 
 b)   Nature of the transaction   Acquisition of 98,270 restricted 
                                   shares under the Long Term Incentive 
                                   Plan ("LTIP") and the subsequent 
                                   sale of 44,431 shares to satisfy 
                                   tax liabilities. 
     --------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)        Acquisition 
                                      of shares 
                                      on release 
                                      of share 
                                      awards             Nil         98,270 
                                     Sale of shares, 
                                      to satisfy 
                                      tax liabilities    GBP7.240    44,431 
                                                        ----------  ------- 
                                     Shares retained                 53,839 
                                                                    ------- 
     --------------------------  ------------------------------------------ 
 d)   Aggregated information      Acquired 
       - Aggregated volume         Volume: 98,270 
       - Price                     Price GBP: nil 
                                   Shares sold to satisfy tax liabilities 
                                   Volume: 44,431 
                                   Price GBP: GBP321,687.77 
     --------------------------  ------------------------------------------ 
 e)   Date of the transaction     2022-03-21 
     --------------------------  ------------------------------------------ 
 f)   Place of the transaction    XLON - London Stock Exchange 
     --------------------------  ------------------------------------------ 
 
 
 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        Initial notification 
         /Amendment 
       --------------------------  -------------------------------------------- 
 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          Ordinary shares of 2.5p each in BAE 
         financial instrument,       Systems plc 
         type of instrument 
 
         Identification code 
                                     GB0002634946 
       --------------------------  -------------------------------------------- 
 b)     Nature of the transaction   Exercise of 67,113 options under 
                                     the Long Term Incentive Plan ("LTIP") 
                                     and the subsequent sale of 10,650 
                                     shares to satisfy income tax and 
                                     NIC liabilities. 
       --------------------------  -------------------------------------------- 
                                      Acquisition 
                                        of shares 
   c)     Price(s) and volume(s)        on exercise 
                                        of share 
                                        option               GBP4.850    67,113 
                                       Shares retained 
                                        to settle 
                                        the cost 
                                        of exercise          GBP7.354    44,262 
                                                            ----------  ------- 
                                       Sale of shares 
                                        to satisfy 
                                        income tax 
                                        and NIC liability    GBP7.354    10,650 
                                                            ----------  ------- 
                                       Shares retained                   12,201 
                                                                        ------- 
       --------------------------  -------------------------------------------- 
 d)     Aggregated information      Exercise 
                                     Volume: 67,113 
         - Aggregated volume         Price GBP: GBP325,498.05 
 
         - Price                     Shares retained to settle the cost 
                                     of exercise 
                                     Volume: 44,262 
                                     Price GBP: GBP325,502.75 
 
                                     Shares sold to satisfy income tax 
                                     and NIC liability 
                                     Volume: 10,650 
                                     Price GBP: GBP78,320.10 
       --------------------------  -------------------------------------------- 
 e)     Date of the transaction     2022-03-22 
       --------------------------  -------------------------------------------- 
 f)     Place of the transaction    XLON - London Stock Exchange 
       --------------------------  -------------------------------------------- 
 
 
 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        Initial notification 
         /Amendment 
       --------------------------  -------------------------------------------- 
 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          Ordinary shares of 2.5p each in BAE 
         financial instrument,       Systems plc 
         type of instrument 
 
         Identification code 
                                     GB0002634946 
       --------------------------  -------------------------------------------- 
 b)     Nature of the transaction   Exercise of 22,773 performance shares 
                                     under the Long Term Incentive Plan 
                                     ("LTIP") and the subsequent sale 
                                     of 10,614 shares to satisfy income 
                                     tax and NIC liabilities. 
       --------------------------  -------------------------------------------- 
                                                            Price       Volume 
                                       Acquisition 
   c)     Price(s) and volume(s)        of shares 
                                        on exercise 
                                        of share 
                                        option               Nil         22,773 
                                                            ----------  ------- 
                                       Sale of shares 
                                        to satisfy 
                                        income tax 
                                        and NIC liability    GBP7.354    10,614 
                                                            ----------  ------- 
                                       Shares retained                   12,159 
                                                                        ------- 
       --------------------------  -------------------------------------------- 
 d)     Aggregated information        Exercise 
                                        Volume: 22,773 
         - Aggregated volume            Price GBP: nil 
                                       Shares sold to satisfy income tax 
         - Price                        Volume: 10,614 
                                        Price GBP: GBP78,055.36 
       --------------------------  -------------------------------------------- 
 e)     Date of the transaction     2022-03-22 
       --------------------------  -------------------------------------------- 
 f)     Place of the transaction    XLON - London Stock Exchange 
       --------------------------  -------------------------------------------- 
 
 
 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        Initial notification 
         /Amendment 
       --------------------------  -------------------------------------------- 
 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          Ordinary shares of 2.5p each in BAE 
         financial instrument,       Systems plc 
         type of instrument 
 
         Identification code 
                                     GB0002634946 
       --------------------------  -------------------------------------------- 
 b)     Nature of the transaction   Exercise of 23,861 performance shares 
                                     under the Long Term Incentive Plan 
                                     ("LTIP") and the subsequent sale 
                                     of 11,243 shares to satisfy income 
                                     tax and NIC liabilities. 
       --------------------------  -------------------------------------------- 
                                                            Price       Volume 
                                       Acquisition 
   c)     Price(s) and volume(s)        of shares 
                                        on exercise 
                                        of share 
                                        option               Nil         23,861 
                                                            ----------  ------- 
                                       Sale of shares 
                                        to satisfy 
                                        income tax 
                                        and NIC liability    GBP7.344    11,243 
                                                            ----------  ------- 
                                       Shares retained                   12,618 
                                                                        ------- 
       --------------------------  -------------------------------------------- 
 d)     Aggregated information        Exercise 
                                        Volume: 23,861 
         - Aggregated volume            Price GBP: nil 
                                       Shares sold to satisfy income tax 
         - Price                        Volume: 11,243 
                                        Price GBP: GBP82,568.59 
       --------------------------  -------------------------------------------- 
 e)     Date of the transaction     2022-03-22 
       --------------------------  -------------------------------------------- 
 f)     Place of the transaction    XLON - London Stock Exchange 
       --------------------------  -------------------------------------------- 
 
 
 1      Details of the person discharging managerial responsibilities 
         / person closely associated 
 a)     Name                        Dr Charles Woodburn 
       --------------------------  ------------------------------------------- 
 2      Reason for the notification 
       ----------------------------------------------------------------------- 
 a)     Position/status             Chief Executive and Director 
       --------------------------  ------------------------------------------- 
 b)     Initial notification        Initial notification 
         /Amendment 
       --------------------------  ------------------------------------------- 
 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          Ordinary shares of 2.5p each in BAE 
         financial instrument,       Systems plc 
         type of instrument 
 
         Identification code 
                                     GB0002634946 
       --------------------------  ------------------------------------------- 
 b)     Nature of the transaction   Exercise of 53,515 performance shars 
                                     under the Long Term Incentive Plan 
                                     ("LTIP") and the subsequent sale 
                                     of 25,216 shares to satisfy income 
                                     tax and NIC liability. 
       --------------------------  ------------------------------------------- 
                                                            Price      Volume 
                                       Acquisition 
   c)     Price(s) and volume(s)        of shares 
                                        on exercise 
                                        of share 
                                        option               Nil        53,515 
                                                            ---------  ------- 
                                       Sale of shares 
                                        to satisfy 
                                        income tax 
                                        and NIC liability    GBP7.34    25,216 
                                                            ---------  ------- 
                                       Shares retained                  28,299 
                                                                       ------- 
       --------------------------  ------------------------------------------- 
 d)     Aggregated information        Exercise 
                                        Volume: 53,515 
         - Aggregated volume            Price GBP: nil 
                                       Shares sold to satisfy income tax 
         - Price                        Volume: 25,216 
                                        Price GBP: GBP185,085.44 
       --------------------------  ------------------------------------------- 
 e)     Date of the transaction     2022-03-22 
       --------------------------  ------------------------------------------- 
 f)     Place of the transaction    XLON - London Stock Exchange 
       --------------------------  ------------------------------------------- 
 

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March 23, 2022 11:30 ET (15:30 GMT)

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