Company Announcements

Director/PDMR Shareholding

Source: RNS
RNS Number : 7313T
BAE SYSTEMS PLC
22 March 2019
 

BAE Systems Long Term incentive Plan 2014 ("LTIP")

 

BAE Systems plc announces that on 20 March 2019 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:

 

1.  Share Options, at an option price of 485.0 pence per share:

 

Name of PDMR

Number of shares granted under option

David Armstrong

69,278

Thomas Arseneault

352,471

Christopher Boardman

118,299

Philip Bramwell

114,464

Karin Hoeing-Cosentino

177,448

Julian Cracknell

67,113

Nigel Whitehead

152,119

Andrew Wolstenholme

128,041

 

2.  Performance Shares granted in the form of nil cost options:

 

Name of PDMR

Number of shares granted under option

David Armstrong

69,278

Christopher Boardman

118,299

Philip Bramwell

144,464

Karin Hoeing-Cosentino

177,448

Julian Cracknell

67,113

Peter Lynas

454,288

Nigel Whitehead

152,119

Andrew Wolstenholme

128,041

Charles Woodburn

701,474

 

3.  Performance Shares granted in the form of conditional awards:

 

Name of PDMR

Number of shares granted under award

Thomas Arseneault

173,144

Jerry DeMuro

509,864

 

4.  Restricted Shares granted in the form of conditional awards:

 

Name of PDMR

Number of shares under award

Thomas Arseneault

86,572

Jerry DeMuro

256,643

 

 

BAE Systems Deferred Bonus Plan ("DBP")

 

5.  In addition, on 20 March 2019, the following PDMRs purchased ordinary shares of 2.5p each at a consideration of 487.1 pence per share under the DBP ("Deferred Shares"):   

 

Name of PDMR

Number of Deferred Shares acquired (beneficial interest)

David Armstrong

6,327

Christopher Boardman

12,862

Philip Bramwell

13,715

Julian Cracknell

5,301

Jerry DeMuro

35,875

Karin Hoeing-Cosentino

10,262

Peter Lynas

24,416

Nigel Whitehead

13,298

Andrew Wolstenholme

6,053

Charles Woodburn

49,508

 

 

 

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 /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

 

 

Award of shares under the LTIP:

·     Share Options at an option price of £4.85 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

69,278

Total:

 

138,556

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 138,556 shares

 

£00.00

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

 

David Armstrong

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Business Development Director

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

 

 

Purchase of deferred shares under the DBP. 

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

£4.871

6,327

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 6,327 shares

 

£30,818.82

e)

 

Date of the transaction

 

2019-03-20

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Tom Arseneault

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Operating Officer, BAE Systems Inc

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

 

 

Award of shares under the LTIP:

·     Share Options at an option price of £4.85 per share;

·     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)

Share Options

Nil consideration

352,471

Performance Shares

Nil consideration

173,144

Restricted Shares

Nil consideration

86,572

Total:

 

612,187

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 612,187 shares

 

£00.00

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

 

Christopher Boardman

2

 

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

 

 

Award of shares under the LTIP:

·     Share Options at an option price of £4.85 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

118,299

Performance Shares

Nil consideration

118,299

Total:

 

236,598

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 236,598 shares

 

£00.00

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

 

Christopher Boardman

2

 

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

 

 

Purchase of deferred shares under the DBP. 

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

£4.871

12,862

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 12,862 shares

 

£62,650.80

e)

 

Date of the transaction

 

2019-03-20

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

 

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 /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

 

 

Award of shares under the LTIP:

·     Share Options at an option price of £4.85 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

114,464

Performance Shares

Nil consideration

114,464

Total:

 

228,928

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 228,928 shares

 

£00.00

 

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

 

Philip Bramwell

2

 

Reason for the notification

 

a)

 

Position/status

 

Group General Counsel

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

 

 

Purchase of deferred shares under the DBP. 

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

£4.871

13,715

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 13,715 shares

 

£66,805.77

e)

 

Date of the transaction

 

2019-03-20

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 /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

 

 

Award of shares under the LTIP:

·     Share Options at an option price of £4.85 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

67,113

Performance Shares

Nil consideration

67,113

Total:

 

134,226

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 134,226 shares

 

£00.00

 

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

 

Julian Cracknell

2

 

Reason for the notification

 

a)

 

Position/status

 

Managing Director, Applied Intelligence

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

 

 

Purchase of deferred shares under the DBP. 

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

£4.871

5,301

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 5,301 shares

 

£25,821.17

e)

 

Date of the transaction

 

2019-03-20

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Jerry DeMuro

2

 

Reason for the notification

 

a)

 

Position/status

 

President & Chief Executive Officer, BAE Systems Inc and Director

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

 

 

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

509,864

Restricted Shares

Nil consideration

256,643

Total:

 

766,507

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 766,507 shares

 

£00.00

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

 

President & Chief Executive Officer, BAE Systems Inc and Director

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

 

 

Purchase of deferred shares under the DBP. 

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

£4.871

35,875

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 35,875 shares

 

£174,747.13

e)

 

Date of the transaction

 

2019-03-20

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Karin Hoeing-Cosentino

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Human Resources Director

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

 

 

Award of shares under the LTIP:

·     Share Options at an option price of £4.85 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

177,448

Performance Shares

Nil consideration

177,448

Total:

 

354,896

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 354,896 shares

 

£00.00

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

 

Karin Hoeing-Cosentino

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Human Resources Director

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

 

 

Purchase of deferred shares under the DBP. 

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

£4.871

10,262

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 10,262 shares

 

£49,986.20

e)

 

Date of the transaction

 

2019-03-20

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Peter Lynas

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Finance Director

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

 

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

 

454,288

Total:

 

454,288

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 454,288 shares

 

£00.00

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

 

Peter Lynas

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Finance Director

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

 

Purchase of deferred shares under the DBP. 

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

£4.871

24,416

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 24,416 shares

 

£118,930.34

e)

 

Date of the transaction

 

2019-03-20

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Nigel Whitehead

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Technology 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

 

 

Award of shares under the LTIP:

·     Share Options at an option price of £4.850 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

152,119

Performance Shares

Nil consideration

152,119

Total:

 

304,238

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 304,238 shares

 

£00.00

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

 

Nigel Whitehead

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Technology 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

 

Purchase of deferred shares under the DBP. 

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

£4.871

13,298

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume:  13,298 shares

 

£64,774.56

e)

 

Date of the transaction

 

2019-03-20

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Andrew Wolstenholme

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Managing Director, Maritime and Land UK

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

 

 

Award of shares under the LTIP:

·     Share Options at an option price of £4.85 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

128,041

Performance Shares

Nil consideration

128,041

Total:

 

256,082

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 256,082 shares

 

£00.00

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

 

Andrew Wolstenholme

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Managing Director, Maritime and Land UK

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

 

Purchase of deferred shares under the DBP. 

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

£4.871

6,053

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume:  6,053 shares

 

£29,484.16

e)

 

Date of the transaction

 

2019-03-20

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

 

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 /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

 

 

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

701,474

Total:

 

701,474

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 701,474 shares

 

£00.00

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

 

Charles Woodburn

2

 

Reason for the notification

 

a)

 

Position/status

 

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

 

Purchase of deferred shares under the DBP. 

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

£4.871

49,508

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 49,508 shares

 

£241,153.47

e)

 

Date of the transaction

 

2019-03-20

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 


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