t
Julian Cracknell, Group Managing Director, Applied Intelligence at BAE Systems plc, exercised options over 2,956 ordinary shares of 2.5p each under the Long Term Incentive Plan. On September 7, 2021, Mr. Cracknell subsequently sold 1,366 of these shares at £5.6044 per share to satisfy income tax and NIC liabilities, retaining 1,590 shares.
| Date | 9 Sept 2021 |
| Time | 09:45:06 |
| Category | Director/PDMR dealings |
| ID | 1712L |
|
1
|
Details of the person discharging managerial responsibilities / person closely associated |
|||||||||||||
|
a)
|
Name
|
Julian Cracknell |
||||||||||||
|
2
|
Reason for the notification
|
|||||||||||||
|
a)
|
Position/status
|
Group 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
|
Exercise of options over 2,956 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 1,366 shares to satisfy income tax and NIC liabilities.
|
||||||||||||
|
c)
|
Price(s) and volume(s)
|
|
||||||||||||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
|
||||||||||||
|
e)
|
Date of the transaction
|
2021-09-07 |
||||||||||||
|
f)
|
Place of the transaction |
XLON - London Stock Exchange |
||||||||||||