TIDMBA.
RNS Number : 2721G
BAE SYSTEMS PLC
28 March 2022
Director/PDMR Shareholding
BAE Systems plc announces that on 24 March 2022 it made the
following awards over ordinary shares of 2.5p each in BAE Systems
plc under the BAE Systems Long Term Incentive Plan ("LTIP") to the
Persons Discharging Managerial Responsibilities ("PDMRs") specified
below:
1. Share Options, at an option price of 735.0 pence per share:
Name of PDMR Number of shares
granted under
option
David Armstrong 59,285
-----------------
Simon Barnes 42,091
-----------------
Gabrielle Costigan 91,000
-----------------
Julian Cracknell 52,857
-----------------
Tania Gandamihardja 42,857
-----------------
Karin Hoeing 137,755
-----------------
Benjamin Hudson 93,214
-----------------
Glynn Phillips 72,238
-----------------
Mark Phillips 25,604
-----------------
Clifford Robson 82,653
-----------------
2. Performance Shares granted in the form of nil cost options:
Name of PDMR Number of shares
granted under
option
David Armstrong 59,285
-----------------
Simon Barnes 42,091
-----------------
Gabrielle Costigan 91,000
-----------------
Julian Cracknell 52,857
-----------------
Tania Gandamihardja 42,857
-----------------
Bradley Greve 290,677
-----------------
Karin Hoeing 137,755
-----------------
Benjamin Hudson 93,214
-----------------
Glynn Phillips 72,238
-----------------
Mark Phillips 25,604
-----------------
Clifford Robson 82,653
-----------------
Charles Woodburn 571,474
-----------------
3. Performance Shares granted in the form of a conditional award:
Name of PDMR Number of shares
granted under
award
Thomas Arseneault 325,542
-----------------
4. Restricted Shares granted in the form of a conditional award:
Name of PDMR Number of shares
under award
Thomas Arseneault 163,863
-----------------
5. BAE Systems Deferred Bonus Plan
In addition, on 24 March 2022, the following PDMRs purchased
ordinary shares of 2.5p each at a consideration of 742.50 pence per
share under the BAE Systems Deferred Bonus Plan ("DBP") ("Deferred
Shares"):
Name of PDMR Number of Deferred Shares Price per
acquired (beneficial share
interest)
David Armstrong 6,940 742.50
-------------------------- ----------
Thomas Arseneault 41,516 742.50
-------------------------- ----------
Simon Barnes 2,895 742.50
-------------------------- ----------
Philip Bramwell 14,845 742.50
-------------------------- ----------
Gabrielle Costigan 5,310 742.50
-------------------------- ----------
Julian Cracknell 5,880 742.50
-------------------------- ----------
Bradley Greve 23,735 742.50
-------------------------- ----------
Karin Hoeing 12,470 742.50
-------------------------- ----------
Benjamin Hudson 13,352 742.50
-------------------------- ----------
Glynn Phillips 10,365 742.50
-------------------------- ----------
Mark Phillips 3,253 742.50
-------------------------- ----------
Charles Woodburn 59,413 742.50
-------------------------- ----------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name David Armstrong
-------------------------- ----------------------------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------------
a) Position/status Group Managing Director, Digital
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 GBP7.350 per
share;
* Performance Shares in the form of nil cost options;
-------------------------- ----------------------------------------------------------------
c) Price(s) and volume(s) Award Price(s) Volume(s)
Share Options Nil consideration 59,285
------------------- ----------
Performance
Shares Nil consideration 59,285
------------------- ----------
Total: 118,570
----------
-------------------------- ----------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 118,570 shares
- Price GBP00.00
-------------------------- ----------------------------------------------------------------
e) Date of the transaction Award made on 22-03-24
-------------------------- ----------------------------------------------------------------
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 Managing Director, Digital
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 Purchase of deferred shares under
the DBP.
----------------------------- -------------------------------------
c) Price(s) and volume(s) Price Volume
GBP7.4250 6,940
-------
----------------------------- -------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 6,940 shares
- Price GBP51,529.50
----------------------------- -------------------------------------
e) Date of the transaction 22-03-24
----------------------------- -------------------------------------
f) Place of the transaction XLON - London Stock Exchange
----------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Thomas Arseneault
-------------------------- ------------------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------------
a) Position/status President & 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 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 325,542
------------------- ----------
Restricted Shares Nil consideration 163,863
------------------- ----------
Total: 489,405
----------
-------------------------- ------------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 489,405 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------------
e) Date of the transaction Award made on 22-03-24
-------------------------- ------------------------------------------------------------------
f) Place of the transaction -
-------------------------- ------------------------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Thomas Arseneault
---------------------------- --------------------------------------
2 Reason for the notification
--------------------------------------------------------------------
a) Position/status President & 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 Purchase of deferred shares under
the DBP.
---------------------------- --------------------------------------
c) Price(s) and volume(s) Price Volume
GBP7.4250 41,516
-------
---------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 41,516 shares
- Price GBP308,256.30
---------------------------- --------------------------------------
e) Date of the transaction 22-03-24
---------------------------- --------------------------------------
f) Place of the transaction XLON - London Stock Exchange
---------------------------- --------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Simon Barnes
-------------------------- -------------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------
a) Position/status Managing Director, BAE Systems Saudi
Arabia
-------------------------- -------------------------------------------------------------
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 GBP7.350 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 42,091
------------------- ----------
Performance
Shares Nil consideration 42,091
------------------- ----------
Total: 84,182
----------
-------------------------- -------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 84,182 shares
- Price GBP00.00
-------------------------- -------------------------------------------------------------
e) Date of the transaction Award made on 22-03-24
-------------------------- -------------------------------------------------------------
f) Place of the transaction -
-------------------------- -------------------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Simon Barnes
---------------------------- --------------------------------------
2 Reason for the notification
--------------------------------------------------------------------
a) Position/status Managing Director, BAE Systems Saudi
Arabia
---------------------------- --------------------------------------
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 Purchase of deferred shares under
the DBP.
---------------------------- --------------------------------------
c) Price(s) and volume(s) Price Volume
GBP7.4250 2,895
-------
---------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 2,895 shares
- Price GBP21,495.38
---------------------------- --------------------------------------
e) Date of the transaction 22-03-24
---------------------------- --------------------------------------
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 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 Purchase of deferred shares under
the DBP.
----------------------------- -------------------------------------
c) Price(s) and volume(s) Price Volume
GBP7.4250 14,845
-------
----------------------------- -------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 14,845 shares
- Price GBP110,224.13
----------------------------- -------------------------------------
e) Date of the transaction 22-03-24
----------------------------- -------------------------------------
f) Place of the transaction XLON - London Stock Exchange
----------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Gabrielle Costigan
-------------------------- -------------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------
a) Position/status Group Managing Director, Business
Development
-------------------------- -------------------------------------------------------------
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 GBP7.350 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 91,000
------------------- ----------
Performance
Shares Nil consideration 91,000
------------------- ----------
Total: 182,000
----------
-------------------------- -------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 182,000 shares
- Price GBP00.00
-------------------------- -------------------------------------------------------------
e) Date of the transaction Award made on 22-03-24
-------------------------- -------------------------------------------------------------
f) Place of the transaction -
-------------------------- -------------------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Gabrielle Costigan
----------------------------- -------------------------------------
2 Reason for the notification
--------------------------------------------------------------------
a) Position/status Group Managing Director, Business
Development
----------------------------- -------------------------------------
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 Purchase of deferred shares under
the DBP.
----------------------------- -------------------------------------
c) Price(s) and volume(s) Price Volume
GBP7.4250 5,310
-------
----------------------------- -------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 5,310 shares
- Price GBP39,426.75
----------------------------- -------------------------------------
e) Date of the transaction 22-03-24
----------------------------- -------------------------------------
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 Chief Technology & Information 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 GBP7.350 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 52,857
------------------- ----------
Performance
Shares Nil consideration 52,857
------------------- ----------
Total: 105,714
----------
-------------------------- ------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 105,714 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------
e) Date of the transaction Award made on 22-03-24
-------------------------- ------------------------------------------------------------
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 Chief Technology & Information 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 Purchase of deferred shares under
the DBP.
--------------------------- ---------------------------------------
c) Price(s) and volume(s) Price Volume
GBP7.4250 5,880
-------
--------------------------- ---------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 5,880 shares
- Price GBP43,659.00
--------------------------- ---------------------------------------
e) Date of the transaction 22-03-24
--------------------------- ---------------------------------------
f) Place of the transaction XLON - London Stock Exchange
--------------------------- ---------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Tania Gandamihardja
-------------------------- ------------------------------------------------------------
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 GBP7.350 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 42,857
------------------- ----------
Performance
Shares Nil consideration 42,857
------------------- ----------
Total: 85,714
----------
-------------------------- ------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 85,714 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------
e) Date of the transaction Award made on 22-03-24
-------------------------- ------------------------------------------------------------
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
-------------------------- -----------------------------------------------------------------
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 290,677
------------------- ----------
Total: 290,677
----------
-------------------------- -----------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 290,677 shares
- Price GBP00.00
-------------------------- -----------------------------------------------------------------
e) Date of the transaction Award made on 22-03-24
-------------------------- -----------------------------------------------------------------
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 Purchase of deferred shares under
the DBP.
----------------------------- -------------------------------------
c) Price(s) and volume(s) Price Volume
GBP7.4250 23,735
-------
----------------------------- -------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 23,735 shares
- Price GBP176,232.38
----------------------------- -------------------------------------
e) Date of the transaction 22-03-24
----------------------------- -------------------------------------
f) Place of the transaction XLON - London Stock Exchange
----------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Karin Hoeing
-------------------------- ------------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------
a) Position/status Group ESG, Culture & Business Transformation
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 7.350 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 137,755
------------------- ----------
Performance
Shares Nil consideration 137,755
------------------- ----------
Total: 275,510
----------
-------------------------- ------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 275,510 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------
e) Date of the transaction Award made on 22-03-24
-------------------------- ------------------------------------------------------------
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 ESG, Culture & Business Transformation
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 Purchase of deferred shares under
the DBP.
--------------------------- ---------------------------------------------
c) Price(s) and volume(s) Price Volume
GBP7.4250 12,470
-------
--------------------------- ---------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 12,470 shares
- Price GBP92,589.75
--------------------------- ---------------------------------------------
e) Date of the transaction 22-03-24
--------------------------- ---------------------------------------------
f) Place of the transaction XLON - 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 Executive, BAE Systems Australia
-------------------------- ------------------------------------------------------------
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 GBP7.350 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 93,214
------------------- ----------
Performance
Shares Nil consideration 93,214
------------------- ----------
Total: 186,428
----------
-------------------------- ------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 186,428 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------
e) Date of the transaction Award made on 22-03-24
-------------------------- ------------------------------------------------------------
f) Place of the transaction -
-------------------------- ------------------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Benjamin Hudson
--------------------------- ---------------------------------------
2 Reason for the notification
--------------------------------------------------------------------
a) Position/status Chief Executive, BAE Systems Australia
--------------------------- ---------------------------------------
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 Purchase of deferred shares under
the DBP.
--------------------------- ---------------------------------------
c) Price(s) and volume(s) Price Volume
GBP7.4250 13,352
-------
--------------------------- ---------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 13,352 shares
- Price GBP99,138.60
--------------------------- ---------------------------------------
e) Date of the transaction 22-03-24
--------------------------- ---------------------------------------
f) Place of the transaction XLON - London Stock Exchange
--------------------------- ---------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Glynn 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 GBP7.350 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 72,238
------------------- ----------
Performance
Shares Nil consideration 72,238
------------------- ----------
Total: 144,476
----------
-------------------------- ------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 144,476 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------
e) Date of the transaction Award made on 22-03-24
-------------------------- ------------------------------------------------------------
f) Place of the transaction -
-------------------------- ------------------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Glynn 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 Purchase of deferred shares under
the DBP.
----------------------------- -------------------------------------
c) Price(s) and volume(s) Price Volume
GBP7.4250 10,365
-------
----------------------------- -------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 10,365 shares
- Price GBP76,960.13
----------------------------- -------------------------------------
e) Date of the transaction 22-03-24
----------------------------- -------------------------------------
f) Place of the transaction XLON - London Stock Exchange
----------------------------- -------------------------------------
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 GBP7.350 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 25,604
------------------- ----------
Performance
Shares Nil consideration 25,604
------------------- ----------
Total: 51,208
----------
-------------------------- ------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 51,208 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------
e) Date of the transaction Award made on 22-03-24
-------------------------- ------------------------------------------------------------
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 Purchase of deferred shares under
the DBP.
----------------------------- -------------------------------------
c) Price(s) and volume(s) Price Volume
GBP7.4250 3,253
-------
----------------------------- -------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 3,253 shares
- Price GBP24,153.53
----------------------------- -------------------------------------
e) Date of the transaction 22-03-24
----------------------------- -------------------------------------
f) Place of the transaction XLON - London Stock Exchange
----------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Clifford Robson
-------------------------- ------------------------------------------------------------
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 GBP7.350 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 82,653
------------------- ----------
Performance
Shares Nil consideration 82,653
------------------- ----------
Total: 165,306
----------
-------------------------- ------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 165,306 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------
e) Date of the transaction Award made on 22-03-24
-------------------------- ------------------------------------------------------------
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 571,474
------------------- ----------
Total: 571,474
----------
-------------------------- ------------------------------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 571,474 shares
- Price GBP00.00
-------------------------- ------------------------------------------------------------
e) Date of the transaction Award made on 22-03-24
-------------------------- ------------------------------------------------------------
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 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 Purchase of deferred shares under
the DBP.
---------------------------- --------------------------------------
c) Price(s) and volume(s) Price Volume
GBP7.4250 59,413
-------
---------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 59,413 shares
- Price GBP441,141.53
---------------------------- --------------------------------------
e) Date of the transaction 22-03-24
---------------------------- --------------------------------------
f) Place of the transaction XLON - London Stock Exchange
---------------------------- --------------------------------------
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END
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March 28, 2022 10:15 ET (14:15 GMT)
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