BAE SYSTEMS PLC Director/PDMR Shareholding (3395V)
April 13 2021 - 8:25AM
UK Regulatory
TIDMBA.
RNS Number : 3395V
BAE SYSTEMS PLC
13 April 2021
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Philip Bramwell
-------------------------- --------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status Group General Counsel
-------------------------- --------------------------------------------
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 options over 39,903 Performance
Shares under the Long Term Incentive
Plan ("LTIP") and the subsequent
sale of 18,794 shares to satisfy
income tax and NIC liability.
-------------------------- --------------------------------------------
c) Price(s) and volume(s) Price Volume
Acquisition
of shares
on exercise
of share
option Nil 39,903
---------- -------
Sale of shares
to satisfy
income tax
and NIC liability GBP5.056 18,794
---------- -------
Shares retained 21,109
-------
-------------------------- --------------------------------------------
d) Aggregated information Exercise
Volume: 39,903
- Aggregated volume Price GBP: nil
Shares sold to satisfy income tax
- Price and NIC liability
Volume: 18,794
Price GBP: GBP95,022.46
-------------------------- --------------------------------------------
e) Date of the transaction 2021-04-12
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f) Place of the transaction XLON - London Stock Exchange
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END
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