BAE Systems PLC

Remuneration Information • Mar 30, 2021

National Storage Mechanism | Additional information

RNS Number : 9484T

BAE SYSTEMS PLC

30 March 2021

Director/PDMR Shareholding

BAE Systems plc announces that on 25 March 2021 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 499.9 pence per share: 

Name of PDMR	Number of shares granted under option
David Armstrong	82,672
Christopher Boardman	120,579
Philip Bramwell	147,260
Julian Cracknell	68,410
Karin Hoeing	156,752
Benjamin Hudson	175,535
Glynn Phillips	133,406
Mark Phillips	36,907

2.   Performance Shares granted in the form of nil cost options:

Name of PDMR	Number of shares granted under option
David Armstrong	82,672
Christopher Boardman	120,579
Philip Bramwell	147,260
Julian Cracknell	68,410
Bradley Greve	416,957
Karin Hoeing	156,752
Benjamin Hudson	175,535
Glynn Phillips	133,406
Mark Phillips	36,907
Charles Woodburn	819,742

3.   Performance Shares granted in the form of conditional awards:

Name of PDMR	Number of shares granted under award
Thomas Arseneault	435,054

4.   Restricted Shares granted in the form of conditional awards:

Name of PDMR	Number of shares under award
Thomas Arseneault	218,987

5.   Restricted Shares granted in the form of a nil cost option:

Name of PDMR	Number of shares under award
Karin Hoeing	133,976

6. BAE Systems Deferred Bonus Plan ("DBP")

In addition, on 25 March 2021, the following PDMRs purchased ordinary shares of 2.5p each at a consideration of 492.77 pence per share under the DBP ("Deferred Shares"):  

Name of PDMR	Number of Deferred Shares acquired (beneficial interest)
David Armstrong	7,089
Thomas Arseneault	25,548
Christopher Boardman	13,824
Philip Bramwell	17,547
Julian Cracknell	5,507
Bradley Greve	28,274
Karin Hoeing	14,526
Benjamin Hudson	16,360
Glynn Phillips	13,176
Mark Phillips	3,911
Charles Woodburn	64,348

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

Award of shares under the LTIP:

·      Share Options at an option price of £4.999 per share;

·      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	82,672
Performance Shares	Nil consideration	82,672
Total:		165,344

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 165,344 shares

£00.00

e)

Date of the transaction

Award made on 21-03-25

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 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

Purchase of deferred shares under the DBP. 

c)

Price(s) and volume(s)

Price	Volume
£4.9277	7,089

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 7,089 shares

£34,932.47

e)

Date of the transaction

21-03-25

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 /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

Award of performance shares and restricted shares in the form of conditional awards under the LTIP.

c)

Price(s) and volume(s)

Award	Price(s)	Volume(s)
Performance Shares	Nil consideration	435,054
Restricted Shares	Nil consideration	218,987
Total:		654,041

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 654,041 shares

£00.00

e)

Date of the transaction

Award made on 21-03-25

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 /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 deferred shares under the DBP. 

c)

Price(s) and volume(s)

Price	Volume
£4.9277	25,548

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 25,548 shares

£125,892.88

e)

Date of the transaction

21-03-25

f)

Place of the transaction

XLON - London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Christopher Boardman

2

Reason for the notification

a)

Position/status

Group Managing Director, Air

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

Award of shares under the LTIP:

·      Share Options at an option price of £4.999 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	120,579
Performance Shares	Nil consideration	120,579
Total:		241,158

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 241,158 shares

£00.00

e)

Date of the transaction

Award made on 21-03-25

f)

Place of the transaction

-

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Christopher Boardman

2

Reason for the notification

a)

Position/status

Group Managing Director, Air

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 deferred shares under the DBP. 

c)

Price(s) and volume(s)

Price	Volume
£4.9277	13,824

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 13,824 shares

£68,120.53

e)

Date of the transaction

21-03-25

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 /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

Award of shares under the LTIP:

·      Share Options at an option price of £4.999 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	147,260
Performance Shares	Nil consideration	147,260
Total:		294,520

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 294,520 shares

£00.00

e)

Date of the transaction

Award made on 21-03-25

f)

Place of the transaction

-

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 /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 deferred shares under the DBP. 

c)

Price(s) and volume(s)

Price	Volume
£4.9277	17,547

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 17,547 shares

£86,466.36

e)

Date of the transaction

21-03-25

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

Award of shares under the LTIP:

·      Share Options at an option price of £4.999 per share;  

·      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	68,410
Performance Shares	Nil consideration	68,410
Total:		136,820

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 136,820 shares

£00.00

e)

Date of the transaction

Award made on 21-03-25

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

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

Purchase of deferred shares under the DBP. 

c)

Price(s) and volume(s)

Price	Volume
£4.9277	5,507

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 5,507 shares

£27,136.85

e)

Date of the transaction

21-03-25

f)

Place of the transaction

XLON - London Stock Exchange

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 /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

Award of performance shares in the form of a nil-cost option under the LTIP.

c)

Price(s) and volume(s)

Award	Price(s)	Volume(s)
Performance Shares	Nil consideration	416,957
Total:		416,957

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 416,957 shares

£00.00

e)

Date of the transaction

Award made on 21-03-25

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 /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 deferred shares under the DBP. 

c)

Price(s) and volume(s)

Price	Volume
£4.9277	28,274

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 28,274 shares

£139,325.79

e)

Date of the transaction

21-03-25

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 Human Resources 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

Award of shares under the LTIP:

·      Share Options at an option price of £4.999 per share;

·      Performance Shares in the form of a nil-cost option; and

·      Restricted Shares in the form of a nil-cost option.

c)

Price(s) and volume(s)

Award	Price(s)	Volume(s)
Share Options	Nil consideration	156,752
Performance Shares	Nil consideration	156,752
Restricted Shares	Nil consideration	133,976
Total:		447,480

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 447,480 shares

£00.00

e)

Date of the transaction

Award made on 21-03-25

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 Human Resources 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 deferred shares under the DBP. 

c)

Price(s) and volume(s)

Price	Volume
£4.9277	14,526

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 14,526 shares

£71,579.770

e)

Date of the transaction

21-03-25

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 Technology Officer

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

Award of shares under the LTIP:

·      Share Options at an option price of £4.999 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	175,535
Performance Shares	Nil consideration	175,535
Total:		351,070

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 351,070 shares

£00.00

e)

Date of the transaction

Award made on 21-03-25

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 Technology Officer

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 deferred shares under the DBP. 

c)

Price(s) and volume(s)

Price	Volume
£4.9277	16,360

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume:  16,360 shares

£80,617.18

e)

Date of the transaction

21-03-25

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 /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

Award of shares under the LTIP:

·      Share Options at an option price of £4.999 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	133,406
Performance Shares	Nil consideration	133,406
Total:		266,812

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 266,812 shares

£00.00

e)

Date of the transaction

Award made on 21-03-25

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 /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 deferred shares under the DBP. 

c)

Price(s) and volume(s)

Price	Volume
£4.9277	13,176

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 13,176 shares

£64,927.38

e)

Date of the transaction

21-03-25

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 /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

Award of shares under the LTIP:

·      Share Options at an option price of £4.999 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	36,907
Performance Shares	Nil consideration	36,907
Total:		73,814

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 73,814 shares

£00.00

e)

Date of the transaction

Award made on 21-03-25

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 /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 deferred shares under the DBP. 

c)

Price(s) and volume(s)

Price	Volume
£4.9277	3,911

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 3,911 shares

£19,272.24

e)

Date of the transaction

21-03-25

f)

Place of the transaction

XLON - London Stock Exchange

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 /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

Award of performance shares in the form of a nil-cost option under the LTIP. 

c)

Price(s) and volume(s)

Award	Price(s)	Volume(s)
Performance Shares	Nil consideration	819,742
Total:		819,742

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 819,742 shares

£00.00

e)

Date of the transaction

Award made on 21-03-25

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 /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 deferred shares under the DBP. 

c)

Price(s) and volume(s)

Price	Volume
£4.9277	64,348

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64,348 shares

£317,087.64

e)

Date of the transaction

21-03-25

f)

Place of the transaction

XLON - London Stock Exchange

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