RNS Number : 0742D
BAE SYSTEMS PLC
05 September 2024
 

BAE Systems plc

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Simon Barnes

G

 

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

 

 

Exercise of 6,472 options under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 5,620 shares. Mr Barnes has retained 852 shares.

 

c)

 

Price(s) and volume(s)

 

 

 


Price

Volume(s)

Acquisition of shares on exercise of share option

 

Nil

6,472

Sale of shares including those sold to satisfy tax liabilities

£13.0850

5,620

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

 

- Price

 

 

 

 

 

Exercise---

Volume:  6,472

Price GBP: Nil

 

Shares sold including those to satisfy income tax liabilities

Volume: 5,620

Price GBP: £73,537.70

 

e)

 

Date of the transaction

 

 

2024-09-04

f)

 

Place of the transaction

 

 

XLON - London Stock Exchange

 

 

 

05 September 2024

 

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