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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Bae Systems Plc | LSE:BA. | London | Ordinary Share | GB0002634946 | ORD 2.5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1,363.50 | 1,364.50 | 1,365.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Aircraft | 23.23B | 1.86B | 0.6133 | 22.26 | 41.33B |
From Apr 2019 to Apr 2024
TIDMBA.
RNS Number : 9448H
BAE SYSTEMS PLC
27 March 2020
BAE Systems Long Term incentive Plan ("LTIP")
1. BAE Systems plc announces that on 25 March 2020 it made the following awards over ordinary shares of 2.5p each in BAE Systems plc under the LTIP to the Persons Discharging Managerial Responsibilities ("PDMRs") specified below.
In recent weeks, the Company's share price has, to some extent, reflected the uncertain market conditions caused by the coronavirus pandemic. Consequently, having regard to the share price at grant, the Remuneration Committee has retained the ability to exercise its discretion to ensure that the value of the awards at vesting is appropriate.
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1.1 Share Options, at an option price of 4.851 pence per share:
Name of PDMR Number of shares
granted under
option
David Armstrong 69,264
-----------------
Christopher Boardman 121,231
-----------------
Philip Bramwell 148,051
-----------------
Karin Hoeing 181,847
-----------------
Benjamin Hudson 139,146
-----------------
Glynn Phillips 105,751
-----------------
Mark Phillips 37,105
-----------------
Julian Cracknell 68,777
-----------------
1.2 Performance Shares granted in the form of nil cost options:
Name of PDMR Number of shares
granted under
option
David Armstrong 69,264
-----------------
Christopher Boardman 121,231
-----------------
Philip Bramwell 148,051
-----------------
Karin Hoeing 181,847
-----------------
Benjamin Hudson 242,218
-----------------
Glynn Phillips 105,751
-----------------
Mark Phillips 37,105
-----------------
Bradley Greve 421,253
-----------------
Charles Woodburn 747,474
-----------------
Julian Cracknell 68,777
-----------------
Tom Arseneault 423,988
-----------------
1.3 Restricted Shares granted in the form of conditional awards:
Name of PDMR Number of shares
under award
Thomas Arseneault 213,416
-----------------
2. In addition, on 25 March 2020, the following PDMRs acquired ordinary 2.5p shares derived from performance share awards granted in 2015 under the Company's LTIP at nil consideration; and a number of the shares were subsequently sold to cover tax liability.
The details of these transactions, which took place on the London Stock Exchange are specified below:
2.1 Performance Shares granted in the form of nil cost options:
Number of Number
shares exercised of shares
sold
Thomas Arseneault 11,884 5,374
------------------ -----------
Jerry DeMuro 27,461 12,417
------------------ -----------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name David Armstrong
-------------------------- -------------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------
a) Position/status Group Business Development 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 Award of shares under the LTIP:
* Share Options at an option price of GBP4.851 per
share;
* Performance Shares in the form of a conditional
award;
-------------------------- -------------------------------------------------------------
c) Price(s) and volume(s) Award Price(s) Volume(s)
Share Options Nil consideration 69,278
------------------- ----------
Performance
Shares Nil consideration 69,264
------------------- ----------
Total: 138,528
----------
-------------------------- -------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 138,556 shares
- Price GBP00.00
-------------------------- -------------------------------------------------------------
e) Date of the transaction Award made on 2020-03-25
-------------------------- -------------------------------------------------------------
f) Place of the transaction -
-------------------------- -------------------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Tom Arseneault
-------------------------- ------------------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------------
a) Position/status President & Chief Operating Officer,
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
Identification code GB0002634946
-------------------------- ------------------------------------------------------------------
b) Nature of the transaction Award of shares under the LTIP:
* Performance Shares in the form of a conditional
award; and
* Restricted Shares in the form of a conditional award.
-------------------------- ------------------------------------------------------------------
c) Price(s) and volume(s) Award Price(s) Volume(s)
Performance
Shares Nil consideration 423,988
------------------- ----------
Restricted Shares Nil consideration 213,416
------------------- ----------
Total: 637,404
----------
-------------------------- ------------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 637,404 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------------
e) Date of the transaction Award made on 2020-03-25
-------------------------- ------------------------------------------------------------------
f) Place of the transaction -
-------------------------- ------------------------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Tom Arseneault
-------------------------- --------------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------
a) Position/status President & Chief Operating Officer,
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
Identification code GB0002634946
-------------------------- --------------------------------------------------
b) Nature of the transaction Acquisition of performance shares
under the Long Term Incentive Plan,
and the subsequent disposal of some
of those shares and retention of
the balance of shares.
-------------------------- --------------------------------------------------
c) Price(s) and volume(s) Price Volume
Acquisition of shares
on release of share
awards Nil 11,884
---------- -------
Sale of shares to
satisfy tax liabilities GBP4.910 5,374
---------- -------
Shares retained 6,510
-------
-------------------------- --------------------------------------------------
d) Aggregated information Acquisition
Volume: 11,884
- Aggregated volume Price GBP: Nil
Shares sold (to satisfy tax liabilities)
- Price Volume: 5,374
Price GBP: GBP26,386.88
-------------------------- --------------------------------------------------
e) Date of the transaction 2020-03-25
-------------------------- --------------------------------------------------
f) Place of the transaction London Stock Exchange
-------------------------- --------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Christopher Boardman
-------------------------- ------------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------
a) Position/status Group Managing Director, Air
-------------------------- ------------------------------------------------------------
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 Award of shares under the LTIP:
* Share Options at an option price of GBP4.851 per
share; and
* Performance Shares in the form of a nil-cost option.
-------------------------- ------------------------------------------------------------
c) Price(s) and volume(s) Award Price(s) Volume(s)
Share Options Nil consideration 121,231
------------------- ----------
Performance
Shares Nil consideration 121,231
------------------- ----------
Total: 242,462
----------
-------------------------- ------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 242,462 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------
e) Date of the transaction Award made on 2020-03-25
-------------------------- ------------------------------------------------------------
f) Place of the transaction -
-------------------------- ------------------------------------------------------------
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 Award of shares under the LTIP:
* Share Options at an option price of GBP4.851 per
share; and
* Performance Shares in the form of a nil-cost option.
-------------------------- ------------------------------------------------------------
c) Price(s) and volume(s) Award Price(s) Volume(s)
Share Options Nil consideration 148,051
------------------- ----------
Performance
Shares Nil consideration 148,051
------------------- ----------
Total: 296,102
----------
-------------------------- ------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 296,102 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------
e) Date of the transaction Award made on 2020-03-25
-------------------------- ------------------------------------------------------------
f) Place of the transaction -
-------------------------- ------------------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Karin Hoeing
-------------------------- ------------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------
a) Position/status Group Human Resources 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 Award of shares under the LTIP:
* Share Options at an option price of GBP4.851 per
share; and
* Performance Shares in the form of a nil-cost option.
--
-------------------------- ------------------------------------------------------------
c) Price(s) and volume(s) Award Price(s) Volume(s)
Share Options Nil consideration 181,847
------------------- ----------
Performance
Shares Nil consideration 181,847
------------------- ----------
Total: 363,694
----------
-------------------------- ------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 363,694 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------
e) Date of the transaction Award made on 2020-03-25
-------------------------- ------------------------------------------------------------
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 Managing Director, Applied 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 Award of shares under the LTIP:
* Share Options at an option price of GBP4.851 per
share; and
* Performance Shares in the form of a nil-cost option.
-------------------------- ------------------------------------------------------------
c) Price(s) and volume(s) Award Price(s) Volume(s)
Share Options Nil consideration 68,777
------------------- ----------
Performance
Shares Nil consideration 68,777
------------------- ----------
Total: 137,554
----------
-------------------------- ------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 137,554 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------
e) Date of the transaction Award made on 2019-03-20
-------------------------- ------------------------------------------------------------
f) Place of the transaction -
-------------------------- ------------------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Jerry DeMuro
-------------------------- --------------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------
a) Position/status Chief Executive Officer, BAE Systems
Inc 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 Acquisition of performance shares
under the Long Term Incentive Plan,
and the subsequent disposal of some
of those shares and retention of the
balance of shares.
-------------------------- --------------------------------------------------
c) Price(s) and volume(s) Price Volume
Acquisition of shares
on release of share
awards Nil 27,461
---------- -------
Sale of shares to
satisfy tax liabilities GBP4.910 12,417
---------- -------
Shares retained 15,044
-------
-------------------------- --------------------------------------------------
d) Aggregated information Acquisition
Volume: 27,461
- Aggregated volume Price GBP: Nil
Shares sold (to satisfy tax liabilities)
- Price Volume: 12,417
Price GBP: GBP60,968.71
-------------------------- --------------------------------------------------
e) Date of the transaction 2020-03-25
-------------------------- --------------------------------------------------
f) Place of the transaction London Stock Exchange
-------------------------- --------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Benjamin Hudson
-------------------------- ------------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------
a) Position/status Chief Technology 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 Award of shares under the LTIP:
* Share Options at an option price of GBP4.851 per
share; and
* Performance Shares in the form of a nil-cost option.
-------------------------- ------------------------------------------------------------
c) Price(s) and volume(s) Award Price(s) Volume(s)
Share Options Nil consideration 139,146
------------------- ----------
Performance
Shares Nil consideration 242,218
------------------- ----------
Total: 381,364
----------
-------------------------- ------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 381,364 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------
e) Date of the transaction Award made on 2020-03-25
-------------------------- ------------------------------------------------------------
f) Place of the transaction -
-------------------------- ------------------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Glyn Phillips
-------------------------- ------------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------
a) Position/status Group Managing Director Maritime
and Land UK
-------------------------- ------------------------------------------------------------
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 Award of shares under the LTIP:
* Share Options at an option price of GBP4.851 per
share; and
* Performance Shares in the form of a nil-cost option.
-------------------------- ------------------------------------------------------------
c) Price(s) and volume(s) Award Price(s) Volume(s)
Share Options Nil consideration 105,751
------------------- ----------
Performance
Shares Nil consideration 105,751
------------------- ----------
Total: 211,502
----------
-------------------------- ------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 211,502 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------
e) Date of the transaction Award made on 2020-03-25
-------------------------- ------------------------------------------------------------
f) Place of the transaction -
-------------------------- ------------------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mark Phillips
-------------------------- ------------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------
a) Position/status Group Communications 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 Award of shares under the LTIP:
* Share Options at an option price of GBP4.851 per
share; and
* Performance Shares in the form of a nil-cost option.
-------------------------- ------------------------------------------------------------
c) Price(s) and volume(s) Award Price(s) Volume(s)
Share Options Nil consideration 37,105
------------------- ----------
Performance
Shares Nil consideration 37,105
------------------- ----------
Total: 74,210
----------
-------------------------- ------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 74,210 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------
e) Date of the transaction Award made on 2020-03-25
-------------------------- ------------------------------------------------------------
f) Place of the transaction -
-------------------------- ------------------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Bradley Greve
-------------------------- ------------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------
a) Position/status Group Finance Director Designate
-------------------------- ------------------------------------------------------------
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 Award of shares under the LTIP:
* Performance Shares in the form of a nil-cost option.
-------------------------- ------------------------------------------------------------
c) Price(s) and volume(s) Award Price(s) Volume(s)
Performance
Shares Nil consideration 421,253
------------------- ----------
-------------------------- ------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 421,253 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------
e) Date of the transaction Award made on 2020-03-25
-------------------------- ------------------------------------------------------------
f) Place of the transaction -
-------------------------- ------------------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Charles Woodburn
-------------------------- ------------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------
a) Position/status Chief Executive 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 Award of shares under the LTIP:
* Performance Shares in the form of a nil-cost option.
-------------------------- ------------------------------------------------------------
c) Price(s) and volume(s) Award Price(s) Volume(s)
Performance
Shares Nil consideration 747,474
------------------- ----------
Total: 747,474
----------
-------------------------- ------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 747,474 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------
e) Date of the transaction Award made on 2020-03-25
-------------------------- ------------------------------------------------------------
f) Place of the transaction -
-------------------------- ------------------------------------------------------------
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
DSHUBOBRRSUOUAR
(END) Dow Jones Newswires
March 27, 2020 13:36 ET (17:36 GMT)
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