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Brad Greve, Chief Financial Officer of BAE Systems plc, exercised 494,439 performance shares under the BAE Systems Long Term Incentive Plan at £0 per share. On April 7, 2025, Mr. Greve subsequently sold 363,705 shares, including those to satisfy tax liabilities, at £14.966 per share on the London Stock Exchange, retaining 130,734 shares.
| Date | 10 Apr 2025 |
| Time | 15:45:01 |
| Category | Director/PDMR dealings |
| ID | 5537E |
Director/PDMR Shareholding
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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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Brad Greve |
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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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Chief Financial Officer |
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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 494,439 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the sale of 363,705 shares, including those to satisfy tax liabilities.
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c)
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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: 494,439 Price GBP: £0
Shares sold, including those to satisfy tax liabilities Volume: 363,705 Price GBP: £5,443,209.03
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e)
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Date of the transaction
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2025-04-07 |
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f) |
Place of the transaction
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XLON - London Stock Exchange |
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10 April 2025