BAE Systems PLC

Director's Dealing • Aug 5, 2020

National Storage Mechanism | Additional information

RNS Number : 2314V

BAE SYSTEMS PLC

05 August 2020

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Christopher Boardman

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

Exercise of options over 21,981 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 3,241 shares including those sold to satisfy income tax and NIC liability

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share option	Nil	21,981
Shares including those sold to satisfy income tax and NIC liability	£5.08331	19,079
Shares retained		2,902

d)

Aggregated information

- Aggregated volume

- Price

Exercise Volume: 21,981 Price GBP: nil
Shares sold including those sold to satisfy income tax and NIC liability Volume: 19,079 Price GBP: £96,984.47

e)

Date of the transaction

2020-08-03

f)

Place of the transaction

XLON - London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Philip Bramwell

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 options over 39,069 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 18,141 shares to satisfy income tax and NIC liability.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share option	Nil	39,069
Sale of shares to satisfy income tax and NIC liability	£4.848	18,141
Shares retained		20,928

d)

Aggregated information

- Aggregated volume

- Price

Exercise Volume: 39,069 Price GBP: nil
Shares sold to satisfy income tax and NIC liability Volume: 18,141 Price GBP: £87,947.56

e)

Date of the transaction

2020-08-03

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 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

Exercise of options over 49,525 Performance Shares under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 3,241 shares to satisfy income tax and NIC liability.

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share option	Nil	49,525
Sale of shares to satisfy income tax and NIC liability	£4.8751	23,310
Shares retained		26,215

d)

Aggregated information

- Aggregated volume

- Price

Exercise Volume: 49,525 Price GBP: nil
Shares sold to satisfy income tax and NIC liability Volume: 23,310 Price GBP: £113,638.58

e)

Date of the transaction

2020-08-03

f)

Place of the transaction

XLON - London Stock Exchange

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