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On October 11, 2022, Thomas Arseneault, President & CEO of BAE Systems, Inc., exercised 288,602 options in BAE Systems plc ordinary shares at £3.889 per share. Subsequently, he sold 153,976 shares at £8.337 per share on the London Stock Exchange, and retained 134,626 shares at £8.337 per share to settle the cost of exercise.
| Date | 14 Oct 2022 |
| Time | 09:30:01 |
| Category | Director/PDMR dealings |
| ID | 8533C |
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1
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Details of the person discharging managerial responsibilities / person closely associated |
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a)
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Name
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Thomas Arseneault |
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2
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Reason for the notification
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a)
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Position/status
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President & CEO of BAE Systems, Inc |
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b)
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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BAE Systems plc |
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b)
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LEI
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8SVCSVKSGDWMW2QHOH83
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4
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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
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a)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary shares of 2.5p each in BAE Systems plc
GB0002634946 |
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b)
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Nature of the transaction
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Exercise of 288,602 options, under the 2012 Executive Share Option Plan and the subsequent sale of 153,976 shares, including those sold to satisfy tax liabilities.
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c) |
Price(s) and volume(s)
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d)
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Aggregated information
- Aggregated volume
- Price
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Exercise Volume: 288,602 Price GBP: £1,122,373.18
Shares retained to settle the cost of exercise Volume: 134,626 Price GBP: £1,122,376.962
Shares sold, including those sold to satisfy tax liabilities Volume: 153,976 Price GBP: £1,283,697.912
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e)
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Date of the transaction
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2022-10-11 |
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f)
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Place of the transaction |
XLON - London Stock Exchange |
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