BAE SYSTEMS PLC Director/PDMR Shareholding
11 March 2024 - 11:30PM
RNS Regulatory News
RNS Number : 3706G
BAE SYSTEMS PLC
11 March 2024
Director/PDMR Shareholding
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Dr Charles Woodburn
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Group Chief Executive
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
|
Exercise of 704,014 performance
shares under the BAE Systems Long Term Incentive Plan (LTIP) and
the subsequent sale of 331,716 shares to satisfy income tax and NIC
liabilities.
|
c)
|
Price(s) and volume(s)
|
|
Price
|
Volume(s)
|
Acquisition of shares on exercise of
share option
|
£0
|
704,014
|
Sale of shares to satisfy income tax
and NIC liability
|
£12.546
|
331,716
|
Shares retained
|
|
372,298
|
|
|
|
|
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Exercise
Volume: 704,014
Price GBP: £0
Shares sold to satisfy income tax
Volume: 331,716
Price GBP: £4,161,708.936
|
e)
|
Date of the transaction
|
24-03-08
|
f)
|
Place of the transaction
|
XLON - London Stock
Exchange
|
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