BAE Systems PLC

Director's Dealing • Mar 28, 2025

National Storage Mechanism | Additional information

RNS Number : 7619C

BAE SYSTEMS PLC

28 March 2025

Director/PDMR Shareholding

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 of BAE Systems, Inc.

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 165,890 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the sale of 165,890 shares, including those to satisfy tax liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share awards	£0	165,890
Shares sold, including those to satisfy tax liabilities	£15.679	165,890

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume: 165,890

Price GBP: £0

Shares sold, including those to satisfy tax liabilities

Volume:  165,890

Price GBP: £2,600,989.31

e)

Date of the transaction

2025-03-26

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 of BAE Systems, Inc.

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 160,277 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the sale of 160,277 shares, including those to satisfy tax liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share awards	£0	160,277
Shares sold, including those to satisfy tax liabilities	£15.679	160,277

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume: 160,277

Price GBP: £0

Shares sold, including those to satisfy tax liabilities

Volume:  160,277

Price GBP: £2,512,983.08

e)

Date of the transaction

2025-03-26

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 15,376 Share Options under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 8,173 shares, including those to satisfy tax liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share awards	£7.35	15,376
Shares retained to cover the costs of exercise	£15.691	7,203
Sale of shares, including those to satisfy tax liabilities	£15.691	8,173

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume: 15,376

Price GBP: £113,013.60

Shares retained to cover the costs of exercise

Volume: 7,203

Price GBP:  £113,022.27

Shares sold, inlcuding those to satisfy tax liabilities

Volume:  8,173

Price GBP: £128,242.54

e)

Date of the transaction

2025-03-27

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 8,778 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 8,778 shares including those to satisfy tax liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share awards	£0	8,778
Sale of shares to satisfy tax liabilities	£15.691	8,778

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume: 8,778

Price GBP: £0

Shares sold, including those to satisfy tax liabilities

Volume:  8,778

Price GBP: £137,735.60

e)

Date of the transaction

2025-03-27

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  8,120 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 8,120 shares, including those to satisfy tax liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share awards	£0	8,120
Sale of shares, including those to satisfy tax liabilities	£15.691	8,120

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume: 8,120

Price GBP: £0

Shares sold, including those to satisfy tax liabilities

Volume:  8,120

Price GBP: £127,410.92

e)

Date of the transaction

2025-03-27

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 5,397 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 5,397 shares, including those to satisfy tax liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share awards	£0	5,397
Sale of shares, including those to satisfy tax liabilities	£15.691	5,397

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume: 5,397

Price GBP: £0

Shares sold, including those to satisfy tax liabilities

Volume:  5,397

Price GBP: £84,684.33

e)

Date of the transaction

2025-03-27

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

Exercise of 9,486 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 3,322 shares to satisfy tax liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share awards	£0	9,486
Sale of shares to satisfy tax liabilities	£15.679	3,322
Shares retained		6,164

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume: 9,486

Price GBP: £0

Shares sold to satisfy tax liabilities

Volume:  3,322

Price GBP: £52,085.64

e)

Date of the transaction

2025-03-26

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

Exercise of 8,348 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 3,125 shares to satisfy tax liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share awards	£0	8,348
Sale of shares to satisfy tax liabilities	£15.679	3,125
Shares retained		5,223

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume: 8,348

Price GBP: £0

Shares sold to satisfy tax liabilities

Volume:  3,125

Price GBP: £48,996.88

e)

Date of the transaction

2025-03-26

f)

Place of the transaction

XLON - London Stock Exchange

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

Exercise of 137,755 Share Options under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 34,725 shares to satisfy tax liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share awards	£7.35	137,755
Shares retained to cover the costs of exercise	£15.806	64,058
Sale of shares to satisfy tax liabilities	£15.806	34,725
Shares retained		38,972

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume: 137,755

Price GBP:  £1,012,499.25

Shares retained to cover the costs of exercise

Volume: 64,058

Price GBP:  £1,012,500.75

Shares sold to satisfy tax liabilities

Volume:  34,725

Price GBP: £548,863.35

e)

Date of the transaction

2025-03-25

f)

Place of the transaction

XLON - London Stock Exchange

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

Exercise of 71,146 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 33,523 shares to satisfy tax liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share awards	£0	71,146
Sale of shares to satisfy tax liabilities	£15.706	33,523
Shares retained		37,623

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume: 71,146

Price GBP:  £0

Shares sold to satisfy tax liabilities

Volume: 33,523

Price GBP: £526,512.24

e)

Date of the transaction

2025-03-26

f)

Place of the transaction

XLON - London Stock Exchange

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

Exercise of 57,334 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 27,015 shares to satisfy tax liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share awards	£0	57,334
Sale of shares to satisfy tax liabilities	£15.706	27,015
Shares retained		30,319

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume: 71,146

Price GBP: £0

Shares sold to satisfy tax liabilities

Volume: 27,015

Price GBP: £424,297.59

e)

Date of the transaction

2025-03-26

f)

Place of the transaction

XLON - London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrea Thompson

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 63,004 Share Options under the BAE Systems Long Term Incentive Plan (LTIP), and the sale of 35,604 shares, including those to satisfy tax liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share awards	£7.35	63,004
Shares retained to cover the costs of exercise	£15.806	27,400
Sale of shares, including those to satisfy tax liabilities	£15.836	35,604

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume: 63,004

Price GBP:  £463,079.40

Shares retained to cover the costs of exercise

Volume: 27,400

Price GBP:  £433,084.40

Shares sold, including those to satisfy tax liabilities

Volume:  35,604

Price GBP: £562,756.82

e)

Date of the transaction

2025-03-25

f)

Place of the transaction

XLON - London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrea Thompson

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 28,624 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the sale of 21,055 shares, including those to satisfy tax liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share awards	£0	28,624
Sale of shares, including those to satisfy tax liabilities	£15.706	21,055
Shares retained		7,569

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume: 28,624

Price GBP: £0

Shares sold, including those to satisfy tax liabilities

Volume:  21,055

Price GBP: £330,689.83

e)

Date of the transaction

2025-03-26

f)

Place of the transaction

XLON - London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrea Thompson

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 27,265 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the sale of 20,056 shares, including those to satisfy tax liabilities.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share awards	£0	27,265
Sale of shares, including those to satisfy tax liabilities	£15.706	20,056
Shares retained		7,209

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume: 27,265

Price GBP: £0

Shares sold, including those to satisfy tax liabilities

Volume:  20,056

Price GBP: £314,999.54

e)

Date of the transaction

2025-03-26

f)

Place of the transaction

XLON - London Stock Exchange

28 March 2025

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