BAE Systems PLC

Director's Dealing • Sep 11, 2020

National Storage Mechanism | Additional information

RNS Number : 7896Y

BAE SYSTEMS PLC

11 September 2020

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

Exercise of options over 2,940 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 1,386 shares to satisfy income tax and NIC liability.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share option	Nil	2,940
Shares sold to satisfy income tax and NIC liability	£5.124	1,386
Shares retained		1,554

d)

Aggregated information

- Aggregated volume

- Price

Exercise Volume: 2,940 Price GBP: nil
Shares sold to satisfy income tax and NIC liability Volume: 1,386 Price GBP: £5.124

e)

Date of the transaction

2020-09-10

f)

Place of the transaction

XLON - London Stock Exchange

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