BAE Systems PLC

Remuneration Information • Apr 5, 2022

National Storage Mechanism | Additional information

RNS Number : 3534H

BAE SYSTEMS PLC

05 April 2022

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 /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 Free Shares under the BAE Systems Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	84

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 84 shares

£00.00

e)

Date of the transaction

2022-03-31

f)

Place of the transaction

Outside of a trading venue (sourced from Treasury shares)

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 /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 Free Shares under the BAE Systems International Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	84

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 84 shares

£00.00

e)

Date of the transaction

2022-03-31

f)

Place of the transaction

Outside of a trading venue (sourced from Treasury shares)

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 /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  3,668 performance shares granted as nil-cost options, under the Long Term Incentive Plan ("LTIP") and the subsequent sale  2,701 shares, including those to satisfy income tax and NIC liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share option	Nil	3,668
Sale of shares, including those sold to satisfy income tax and NIC liability	£7.108	2,701
Shares retained		967

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume:  3,668

Price GBP:  nil

Shares sold (including those sold to satisfy income tax and NIC liability)

Volume:  2,701

Price GBP:  £19,198.71

e)

Date of the transaction

2022-04-01

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 /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   13,402 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of  3,132 shares, including those to satisfy income tax and NIC liabilities.

c)

Price(s) and volume(s)

Acquisition of shares on exercise of share option	£4.85	13,402
Shares retained to settle the cost of exercise	£7.108	9,145
Sale of shares, including those sold to satisfy income tax and NIC liability	£7.108	3,132
Shares retained		1,125

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume:  13,402

Price GBP:  £64,999.70

Shares retained to settle the cost of exercise

Volume:  9,145

Price GBP:  £65,002.66

Shares sold (including those sold to satisfy income tax and NIC liability)

Volume:  3,132

Price GBP:  £22,262.26

e)

Date of the transaction

2022-04-01

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  243,456 options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of  26,379 shares to satisfy income tax and NIC liabilities.

c)

Price(s) and volume(s)

Acquisition of shares on exercise of share option	£4.85 £6.49	144,464 98,992
Shares retained to settle the cost of exercise	£7.165	187,474
Sale of shares to satisfy income tax and NIC liability	£7.165	26,379
Shares retained		29,603

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume:  243,456

Price GBP:  £1,343,108.48

Shares retained to settle the cost of exercise

Volume:  187,474

Price GBP:  £1,343,117.23

Shares sold to satisfy income tax and NIC liability

Volume:  26,379

Price GBP: £188,991.18

e)

Date of the transaction

2022-03-31

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  67,411 performance shares granted as nil-cost options, under the Long Term Incentive Plan ("LTIP") and the subsequent sale 31,763 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	67,411
Sale of shares to satisfy income tax and NIC liability	£7.165	31,763
Shares retained		35,648

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume:  67,411

Price GBP:  nil

Shares sold to satisfy income tax and NIC liability

Volume:  31,763

Price GBP:  £227,567.51

e)

Date of the transaction

2022-03-31

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 Free Shares under the BAE Systems Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	84

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 84 shares

£00.00

e)

Date of the transaction

2022-03-31

f)

Place of the transaction

Outside of a trading venue (sourced from Treasury shares)

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 /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 Free Shares under the BAE Systems International Profit Sharing Scheme

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	84

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 84 shares

£00.00

e)

Date of the transaction

22-03-31

f)

Place of the transaction

Outside of a trading venue (sourced from Treasury shares)

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 /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 Free Shares under the BAE Systems Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	84

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 84 shares

£00.00

e)

Date of the transaction

2022-03-31

f)

Place of the transaction

Outside of a trading venue (sourced from Treasury shares)

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 Free Shares under the BAE Systems Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	84

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 84 shares

£00.00

e)

Date of the transaction

2022-03-31

f)

Place of the transaction

Outside of a trading venue (sourced from Treasury shares)

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 /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 Free Shares under the BAE Systems Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	84

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 84 shares

£00.00

e)

Date of the transaction

2022-03-31

f)

Place of the transaction

Outside of a trading venue (sourced from Treasury shares)

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 Free Shares under the BAE Systems International Profit Sharing Scheme

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	84

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 84 shares

£00.00

e)

Date of the transaction

2022-03-31

f)

Place of the transaction

Outside of a trading venue (sourced from Treasury shares)

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 Free Shares under the BAE Systems Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	84

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 84 shares

£00.00

e)

Date of the transaction

2022-03-31

f)

Place of the transaction

Outside of a trading venue (sourced from Treasury shares)

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 Free Shares under the BAE Systems Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	84

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 84 shares

£00.00

e)

Date of the transaction

2022-03-31

f)

Place of the transaction

Outside of a trading venue (sourced from Treasury shares)

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 /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 Free Shares under the BAE Systems Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	84

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 84 shares

£00.00

e)

Date of the transaction

2022-03-31

f)

Place of the transaction

Outside of a trading venue (sourced from Treasury shares)

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 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 Free Shares under the BAE Systems Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	84

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 84 shares

£00.00

e)

Date of the transaction

2022-03-31

f)

Place of the transaction

Outside of a trading venue (sourced from Treasury shares)

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END

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