BAE Systems PLC

Director's Dealing • Aug 10, 2022

National Storage Mechanism | Additional information

RNS Number : 5664V

BAE SYSTEMS PLC

10 August 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

Exercise of 51,994 share options under the BAE Systems Long Term Incentive Plan ("LTIP") and the subsequent sale of 9,853 shares to satisfy income tax, NIC liability and the balance of the cost of exercise.

c)

Price(s) and volume(s)

Acquisition of shares on exercise of share option	£5.818	51,994
Shares retained to settle the cost of exercise	£7.946	34,295
Sale of shares to satisfy income tax, NIC liability and the balance of the cost of exercise	£7.946	9,853
Shares retained	n/a	7,846

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume:  51,994

Price GBP:  £302,501.09

Shares retained to settle the cost of exercise

Volume:  34,295

Price GBP:  £272,508.07

Shares sold to satisfy income tax, NIC liability and the balance of the cost of exercise

Volume:  9,853

Price GBP: £78,291.94

e)

Date of the transaction

22-08-09

f)

Place of the transaction

XLON - London Stock Exchange

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