BAE Systems PLC

Director's Dealing • Mar 29, 2023

National Storage Mechanism | Additional information

RNS Number : 6453U

BAE SYSTEMS PLC

29 March 2023

Director/PDMR Shareholding

BAE Systems plc announces that on 24 March 2023 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.   Performance Shares granted in the form of nil cost options:

Name of PDMR	Number of shares granted under option
David Armstrong	74,487
Simon Barnes	35,256
Gabrielle Costigan	114,333
Julian Cracknell	99,230
Tania Gandamihardja	99,230
Edward Gelsthorpe	99,230
Bradley Greve	257,743
Caitlin Hayden	64,615
Karin Hoeing	173,076
Benjamin Hudson	131,421
Glynn Phillips	93,030
Clifford Robson	103,846
Charles Woodburn	448,035

2.   Performance Shares granted in the form of a conditional award:

Name of PDMR	Number of shares granted under award
Thomas Arseneault	275,064

3.   Restricted Shares granted in the form of a conditional award:

Name of PDMR	Number of shares under award
Thomas Arseneault	138,455

4.   BAE Systems Deferred Bonus Plan

In addition, on 24 March 2023, the following PDMRs purchased ordinary shares of 2.5p each at a consideration of 970.70 pence per share under the BAE Systems Deferred Bonus Plan ("DBP") ("Deferred Shares"):  

Name of PDMR	Number of Deferred Shares acquired (beneficial interest)	Price per share
David Armstrong	5,011	970.70
Thomas Arseneault	35,587	970.70
Simon Barnes	2,724	970.70
Gabrielle Costigan	6,494	970.70
Julian Cracknell	4,958	970.70
Tania Gandamihardja	3,866	970.70
Edward Gelsthorpe	3,029	970.70
Bradley Greve	19,250	970.70
Karin Hoeing	10,229	970.70
Benjamin Hudson	10,363	970.70
Glynn Phillips	8,146	970.70
Clifford Robson	9,253	970.70
Charles Woodburn	46,761	970.70

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 performance shares under the LTIP in the form of nil cost options

c)

Price(s) and volume(s)

Price	Volume
Nil consideration	74,487

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 74,487 shares

£00.00

e)

Date of the transaction

Award made on 23-03-24

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 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

Purchase of deferred shares under the DBP. 

c)

Price(s) and volume(s)

Price	Volume
£9.707036	5,011

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 5,011 shares

£48,641.96

e)

Date of the transaction

23-03-24

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 shares under the LTIP:

·      Performance Shares in the form of a conditional award; and

·      Restricted Shares in the form of a conditional award.

c)

Price(s) and volume(s)

Award	Price(s)	Volume(s)
Performance Shares	Nil consideration	275,064
Restricted Shares	Nil consideration	138,455
Total:		413,519

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 413,519 shares

£00.00

e)

Date of the transaction

Award made on 23-03-24

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
£9.707036	35,587

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 35,587 shares

£345,444.29

e)

Date of the transaction

23-03-24

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

Award of performance shares under the LTIP in the form of nil cost options

c)

Price(s) and volume(s)

Price	Volume
Nil consideration	35,256

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 35,256 shares

£00.00

e)

Date of the transaction

Award made on 23-03-24

f)

Place of the transaction

-

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

Purchase of deferred shares under the DBP. 

c)

Price(s) and volume(s)

Price	Volume
£9.707036	2,724

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 2,724 shares

£26,441.97

e)

Date of the transaction

23-03-24

f)

Place of the transaction

XLON - London Stock Exchange

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 performance shares under the LTIP in the form of nil cost options

c)

Price(s) and volume(s)

Price	Volume
Nil consideration	114,333

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 114,333 shares

£00.00

e)

Date of the transaction

Award made on 23-03-24

f)

Place of the transaction

-

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

Purchase of deferred shares under the DBP. 

c)

Price(s) and volume(s)

Price	Volume
£9.707036	6,494

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 6,494 shares

£63,037.49

e)

Date of the transaction

23-03-24

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 & 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 performance shares under the LTIP in the form of nil cost options

c)

Price(s) and volume(s)

Price	Volume
Nil consideration	99,230

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 99,230 shares

£00.00

e)

Date of the transaction

Award made on 23-03-24

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

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

Purchase of deferred shares under the DBP. 

c)

Price(s) and volume(s)

Price	Volume
£9.707036	4,958

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 4,958 shares

£48,127.48

e)

Date of the transaction

23-03-24

f)

Place of the transaction

XLON - London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Tania Gandamihardja

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 performance shares under the LTIP in the form of nil cost options

c)

Price(s) and volume(s)

Price	Volume
Nil consideration	99,230

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 99,230 shares

£00.00

e)

Date of the transaction

Award made on 23-03-24

f)

Place of the transaction

-

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Tania Gandamihardja

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
£9.707036	3,866

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 3,866 shares

£37,527.40

e)

Date of the transaction

23-03-24

f)

Place of the transaction

XLON - London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Edward Gelsthorpe

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 performance shares under the LTIP in the form of nil cost options

c)

Price(s) and volume(s)

Price	Volume
Nil consideration	99,230

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 99,230 shares

£00.00

e)

Date of the transaction

Award made on 23-03-24

f)

Place of the transaction

-

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Edward Gelsthorpe

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
£9.707036	3,029

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 3,029 shares

£29,402.61

e)

Date of the transaction

23-03-24

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

Chief Financial 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 under the LTIP in the form of nil cost options

c)

Price(s) and volume(s)

Price	Volume
Nil consideration	257,743

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 257,743 shares

£00.00

e)

Date of the transaction

Award made on 23-03-24

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

Chief Financial 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
£9.707036	19,250

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 19,250 shares

£186,860.44

e)

Date of the transaction

23-03-24

f)

Place of the transaction

XLON - London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Caitlin Hayden

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 performance shares under the LTIP in the form of nil cost options

c)

Price(s) and volume(s)

Price	Volume
Nil consideration	64,615

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64,615 shares

£00.00

e)

Date of the transaction

Award made on 23-03-24

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 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 performance shares under the LTIP in the form of nil cost options

c)

Price(s) and volume(s)

Price	Volume
Nil consideration	173,076

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 173,076 shares

£00.00

e)

Date of the transaction

Award made on 23-03-24

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 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

Purchase of deferred shares under the DBP. 

c)

Price(s) and volume(s)

Price	Volume
£9.707036	10,229

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 10,229 shares

£99,293.27

e)

Date of the transaction

23-03-24

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 Executive, BAE Systems Australia

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 under the LTIP in the form of nil cost options

c)

Price(s) and volume(s)

Price	Volume
Nil consideration	131,421

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 131,421 shares

£00.00

e)

Date of the transaction

Award made on 23-03-24

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 Executive, BAE Systems Australia

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
£9.707036	10,363

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume:  10,363 shares

£100,594.01

e)

Date of the transaction

23-03-24

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

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 under the LTIP in the form of nil cost options

c)

Price(s) and volume(s)

Price	Volume
Nil consideration	93,030

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 93,030 shares

£00.00

e)

Date of the transaction

Award made on 23-03-24

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

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
£9.707036	8,146

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 8,146 shares

£79,073.52

e)

Date of the transaction

23-03-24

f)

Place of the transaction

XLON - London Stock Exchange

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 performance shares under the LTIP in the form of nil cost options

c)

Price(s) and volume(s)

Price	Volume
Nil consideration	103,846

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 103,846 shares

£00.00

e)

Date of the transaction

Award made on 23-03-24

f)

Place of the transaction

-

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

Purchase of deferred shares under the DBP. 

c)

Price(s) and volume(s)

Price	Volume
£9.707036	9,253

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 9,253 shares

£89,819.20

e)

Date of the transaction

23-03-24

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 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 under the LTIP in the form of nil cost options

c)

Price(s) and volume(s)

Price	Volume
Nil consideration	448,035

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 448,035 shares

£00.00

e)

Date of the transaction

Award made on 23-03-24

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
£9.707036	46,761

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 46,761 shares

£453,910.71

e)

Date of the transaction

23-03-24

f)

Place of the transaction

XLON - London Stock Exchange

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