BAE Systems PLC

Director's Dealing • Mar 25, 2021

National Storage Mechanism | Additional information

RNS Number : 4792T

BAE SYSTEMS PLC

25 March 2021

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Thomas Arseneault

2

Reason for the notification

a)

Position/status

President & CEO of BAE Systems, Inc

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

Acquisition of 112,251 restricted and performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 50,753 shares to satisfy tax liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on release of share option	Nil	112,251
Sale of shares to satisfy tax liabilities	£4.8500	50,753
Shares retained		61,498

d)

Aggregated information

- Aggregated volume

- Price

Exercise Volume: 112,251 Price GBP: nil
Shares sold to satisfy tax liabilities Volume: 50,753 Price GBP: £246,152.05

e)

Date of the transaction

2021-03-22

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 & CEO of BAE Systems, Inc

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

Acquisition of 5,359 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 2,424 shares to satisfy tax liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on release of share option	Nil	5,359
Sale of shares to satisfy tax liabilities	£4.8414	2,424
Shares retained		2,935

d)

Aggregated information

- Aggregated volume

- Price

Exercise Volume: 5,359 Price GBP: nil
Shares sold to satisfy tax liabilities Volume: 2,424 Price GBP: £11,735.61

e)

Date of the transaction

2021-03-23

f)

Place of the transaction

XLON - London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Dame Carolyn Fairbairn

2

Reason for the notification

a)

Position/status

Non Executive Director

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

Purchase of shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£4.9192	15,000

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 15,000 shares

£73,788.24

e)

Date of the transaction

2021-03-23

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

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 8,930 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 4,208 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	8,930
Sale of shares to satisfy income tax and NIC liability	£4.9652	4,208
Shares retained		4,722

d)

Aggregated information

- Aggregated volume

- Price

Exercise Volume: 8,930 Price GBP: nil
Shares sold to satisfy income tax Volume: 4,208 Price GBP: £20,893.58

e)

Date of the transaction

2021-03-23

f)

Place of the transaction

XLON - London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Armstrong

2

Reason for the notification

a)

Position/status

Group Business Development Director

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 8,352 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 3,936 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	8,352
Sale of shares to satisfy income tax and NIC liability	£4.9891	3,936
Shares retained		4,416

d)

Aggregated information

- Aggregated volume

- Price

Exercise Volume: 8,352 Price GBP: nil
Shares sold to satisfy income tax Volume: 3,936 Price GBP: £19,637.25

e)

Date of the transaction

2021-03-24

f)

Place of the transaction

XLON - London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Dr Charles Woodburn

2

Reason for the notification

a)

Position/status

Chief Executive and Director

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 51,509 performance shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 24,271 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	51,509
Sale of shares to satisfy income tax and NIC liability	£4.9990	24,271
Shares retained		27,238

d)

Aggregated information

- Aggregated volume

- Price

Exercise Volume: 51,509 Price GBP: nil
Shares sold to satisfy income tax Volume: 24,271 Price GBP: £121,330.73

e)

Date of the transaction

2021-03-24

f)

Place of the transaction

XLON - London Stock Exchange

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