BAE Systems PLC

Director's Dealing • Sep 25, 2018

National Storage Mechanism | Additional information

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RNS Number : 7817B

BAE SYSTEMS PLC

25 September 2018

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Alan Garwood

2

Reason for the notification

a)

Position/status

Group Business Development 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

Exercise of an option over 10,350 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent disposal of those shares.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share option	Nil	10,350
Sale of shares, including those sold to satisfy income tax and NIC liability	£6.262	10,350
Shares retained		Nil

d)

Aggregated information

- Aggregated volume

- Price

Exercise Volume: 10,350 Price GBP: nil
Shares sold, including those sold to satisfy income tax and NIC liability Volume: 10,350 Price GBP: £64,811.70

e)

Date of the transaction

2018-09-21

f)

Place of the transaction

XLON - London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Alan Garwood

2

Reason for the notification

a)

Position/status

Group Business Development 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

Exercise of share options under the LTIP and the subsequent disposal of those shares.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share option	£5.4250	102,969
Shares retained to settle the cost of exercise	£6.262	84,416
Sale of shares, including those sold to satisfy income tax and NIC liability	£6.262	11,930
Shares retained		6,623

d)

Aggregated information

- Aggregated volume

- Price

Exercise Volume: 102,969 Price GBP: £558,606.83
Shares retained to settle the cost of exercise Volume: 84,416 Price GBP: £528,612.99
Shares sold, including those sold to satisfy income tax and NIC liability Volume: 11,930 Price GBP: £74,705.66

e)

Date of the transaction

2018-09-21

f)

Place of the transaction

XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alan Garwood
2	Reason for the notification
a)	Position/status	Group Business Development 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	Disposal of shares
c)	Price(s) and volume(s)	Volume:  25,000 Price:  £6.316
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 25,000 shares £157,900.00
e)	Date of the transaction	2018-09-21
f)	Place of the transaction	XLON - London Stock Exchange

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