BAE Systems PLC

Director's Dealing • Mar 1, 2022

National Storage Mechanism | Additional information

RNS Number : 2286D

BAE SYSTEMS PLC

01 March 2022

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

Exercise of 52,890 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 52,890 shares.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share option	Nil	52,890
Sale of shares	£6.503	52,890

d)

Aggregated information

- Aggregated volume

- Price

Exercise Volume: 52,890 Price GBP: nil
Shares sold Volume: 52,890 Price GBP: £343,922.51

e)

Date of the transaction

2022-02-25

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

Exercise of 24,134 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 13,565 to satisfy income tax and NIC liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share option	Nil	24,134
Sale of shares to satisfy income tax and NIC liability	£7.395	13,565
Shares retained		10,569

d)

Aggregated information

- Aggregated volume

- Price

Exercise Volume: 24,134 Price GBP: nil
Shares sold to satisfy income tax and NIC liability Volume: 13,565 Price GBP: £100,313.18

e)

Date of the transaction

2022-02-28

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 and Information 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

Exercise of 52,691 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of  16,575 shares to satisfy income tax and NIC liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share option	Nil	52,691
Sale of shares to satisfy income tax and NIC liability	£7.200	16,575
Shares retained		21,251

d)

Aggregated information

- Aggregated volume

- Price

Exercise Volume: 52,691 Price GBP: nil
Shares sold to satisfy income tax and NIC liability Volume: 16,575 Price GBP: £119,340

e)

Date of the transaction

2022-02-28

f)

Place of the transaction

XLON - London Stock Exchange

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