TIDMBA.

RNS Number : 8508H

BAE SYSTEMS PLC

08 April 2022

 
 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           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      Sale of shares. 
      -----------------------------  ------------------------------------- 
 c)    Price(s) and volume(s)           Price(s)    Volume(s) 
                                         GBP7.314    6,923 
                                                    ---------- 
      -----------------------------  ------------------------------------- 
 d)    Aggregated information 
 
        - Aggregated volume             Aggregated volume: 6,923 shares 
 
        - Price                         GBP 50,632.36 
      -----------------------------  ------------------------------------- 
 e)    Date of the transaction        22-04-07 
      -----------------------------  ------------------------------------- 
 f)    Place of the transaction       XLON - London Stock Exchange 
      -----------------------------  ------------------------------------- 
 
 
 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         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 136,899 options under 
                                     the Long Term Incentive Plan ("LTIP") 
                                     and the subsequent sale of 38,109 
                                     shares, including those to satisfy 
                                     income tax and NIC liabilities. 
      ---------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s)         Acquisition 
                                        of shares 
                                        on exercise 
                                        of share 
                                        option            GBP4.85     80,874 
                                         GBP5.82                       56,025 
                                       Shares retained 
                                        to settle 
                                        the cost 
                                        of exercise       GBP7.27     98,790 
                                                         ----------  -------- 
                                       Sale of shares, 
                                        including 
                                        those to 
                                        satisfy income 
                                        tax and NIC 
                                        liability         GBP7.27     38,109 
                                                         ----------  -------- 
      ---------------------------  ------------------------------------------ 
 d)    Aggregated information       Exercise 
                                     Volume: 136,899 
        - Aggregated volume          Price GBP: GBP718,192.35 
 
        - Price                      Shares retained to settle the cost 
                                     of exercise 
                                     Volume: 98,790 
                                     Price GBP: GBP718,203.30 
 
                                     Shares sold, including those to satisfy 
                                     income tax and NIC liability 
                                     Volume: 38,109 
                                     Price GBP: GBP277,052.43 
      ---------------------------  ------------------------------------------ 
 e)    Date of the transaction      22-04-07 
      ---------------------------  ------------------------------------------ 
 f)    Place of the transaction     XLON - London Stock Exchange 
      ---------------------------  ------------------------------------------ 
 
 
 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         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 28,456 performance shares 
                                     granted as nil-cost options, under 
                                     the Long Term Incentive Plan ("LTIP") 
                                     and the subsequent sale 28,456 shares, 
                                     including those to satisfy income 
                                     tax and NIC liabilities. 
      ---------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s)                               Price      Volume 
                                       Acquisition 
                                        of shares 
                                        on exercise 
                                        of share 
                                        option               Nil        28,456 
                                                            ---------  ------- 
                                       Sale of shares, 
                                        including 
                                        those sold 
                                        to satisfy 
                                        income tax 
                                        and NIC liability    GBP7.27    28,456 
                                                            ---------  ------- 
      ---------------------------  ------------------------------------------- 
 d)    Aggregated information       Exercise 
                                     Volume: 28,456 
        - Aggregated volume          Price GBP: nil 
 
        - Price                      Shares sold (including those sold 
                                     to satisfy income tax and NIC liability) 
                                     Volume: 28,456 
                                     Price GBP: GBP206,875.12 
      ---------------------------  ------------------------------------------- 
 e)    Date of the transaction      22-04-07 
      ---------------------------  ------------------------------------------- 
 f)    Place of the transaction     XLON - London Stock Exchange 
      ---------------------------  ------------------------------------------- 
 

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April 08, 2022 10:45 ET (14:45 GMT)

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