BAE Systems PLC

Director's Dealing • Apr 5, 2023

National Storage Mechanism | Additional information

RNS Number : 5162V

BAE SYSTEMS PLC

05 April 2023

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	64

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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

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  69,264 unapproved options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of  16,661 shares to satisfy income tax and NIC liabilities.

c)

Price(s) and volume(s)

Acquisition of shares on exercise of share option	£4.851	69,264
Shares retained to settle the cost of exercise	£9.91	33,906
Sale of shares to satisfy income tax and NIC liability	£9.91	16,661
Shares retained		18,697

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume:  69,264

Price GBP:  £335,999.664

Shares retained to settle the cost of exercise

Volume:  33,906

Price GBP:  £336,008.46

Shares sold to satisfy income tax and NIC liability

Volume:  16,661

Price GBP: £165,110.51

e)

Date of the transaction

2023-04-03

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

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

Exercise of  22,436 unapproved options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of  8,394 shares, including those to satisfy income tax and NIC liabilities.

c)

Price(s) and volume(s)

Acquisition of shares on exercise of share option	£4.851	22,436
Shares retained to settle the cost of exercise	£9.872	11,025
Sale of shares, including those to satisfy income tax and NIC liability	£9.872	8,394
Shares retained		3,017

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume:  22,436

Price GBP:   £108,837.04

Shares retained to settle the cost of exercise

Volume:  11,025

Price GBP:  £108,838.80

Shares sold, including to satisfy income tax and NIC liability

Volume:  8,394

Price GBP: £82,865.568

e)

Date of the transaction

2023-04-03

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

Exercise of 15,297 performance shares granted as nil-cost options, under the Long Term Incentive Plan ("LTIP") and the subsequent sale 7,208 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	15,297
Sale of shares to satisfy income tax and NIC liability	£9.872	7,208
Shares retained		8,089

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume:  15,297

Price GBP:  nil

Shares sold to satisfy income tax and NIC liability

Volume:  7,208

Price GBP:  £71,157.376

e)

Date of the transaction

2023-04-03

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 Free Shares under the BAE Systems Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	64

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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 Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	64

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

23-03-31

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	64

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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	64

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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	64

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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	64

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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

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 Free Shares under the BAE Systems Share Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	64

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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	64

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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

Group Chief Executive

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	64

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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

Tania Gandamihardja

2

Reason for the notification

a)

Position/status

Group HR 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	64

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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	64

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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	64

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

f)

Place of the transaction

Outside of a trading venue (sourced from Treasury shares)

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END

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