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BAE Systems PLC Director's Dealing 2025
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 0418G
BAE SYSTEMS PLC
24 April 2025
Director/PDMR Shareholding
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
Exercise of 11,598 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the sale of 8,531 shares, including those to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share awards | £0 | 11,598 |
| Shares sold, including those to satisfy tax liabilities | £16.980 | 8,531 |
| Shares retained | 3,067 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 11,598
Price GBP: £0
Shares sold, including those to satisfy tax liabilities
Volume: 8,531
Price GBP: £144,856.38
e)
Date of the transaction
2025-04-17
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
Exercise of 81,932 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the sale of 60,272 shares, including those to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share awards | £0 | 81,932 |
| Shares sold, including those to satisfy tax liabilities | £16.980 | 60,272 |
| Shares retained | 21,660 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 81,932
Price GBP: £0
Shares sold, including those to satisfy tax liabilities
Volume: 60,272
Price GBP: £1,023,418.56
e)
Date of the transaction
2025-04-17
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
Exercise of 96,593 Performance Shares under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 71,056 shares, including those to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share awards | £0 | 96,593 |
| Shares sold, including those to satisfy tax liabilities | £16.980 | 71,056 |
| Shares retained | 25,537 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 96,593
Price GBP: £0
Shares sold, inlcuding those to satisfy tax liabilities
Volume: 71,056
Price GBP: £1,206,530.88
e)
Date of the transaction
2025-04-17
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
Exercise of 25,365 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 18,659 shares including those to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share awards | £0 | 25,365 |
| Sale of shares to satisfy tax liabilities | £16.980 | 18,659 |
| Shares retained | 6,707 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 25,365
Price GBP: £0
Shares sold, including those to satisfy tax liabilities
Volume: 18,659
Price GBP: £316,829.82
e)
Date of the transaction
2025-04-17
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
Exercise of 34,376 Share Options under the BAE Systems Long Term Incentive Plan (LTIP), and the sale of 17,863 shares, including those to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share awards | £5.818 | 34,376 |
| Shares retained to cover the costs of exercise | £16.980 | 10,012 |
| Sale of shares, including those to satisfy tax liabilities | £16.980 | 17,863 |
| Shares retained | 6,501 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 34,376
Price GBP: £199,999.57
Shares retained to cover the costs of exercise
Volume: 10,012
Price GBP: £170,003.76
Shares sold, including those to satisfy tax liabilities
Volume: 17,863
Price GBP: £303,313.74
e)
Date of the transaction
2025-04-17
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
Exercise of 21,689 Share Options under the BAE Systems Long Term Incentive Plan (LTIP), and the sale of 9,857 shares, including those to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share awards | £6.49 | 21,689 |
| Shares retained to cover the costs of exercise | £16.980 | 8,290 |
| Sale of shares, including those to satisfy tax liabilities | £16.980 | 9,857 |
| Shares retained | 3,542 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 21,689
Price GBP: £140,761.61
Shares retained to cover the costs of exercise
Volume: 8,290
Price GBP: £140,764.20
Shares sold, including those to satisfy tax liabilities
Volume: 9,857
Price GBP: £167,371.86
e)
Date of the transaction
2025-04-17
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
Exercise of 50,258 Share Options under the BAE Systems Long Term Incentive Plan (LTIP), and the sale of 26,323 shares, including those to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share awards | £4.85 | 50,258 |
| Shares retained to cover the costs of exercise | £16.980 | 14,355 |
| Sale of shares, including those to satisfy tax liabilities | £16.980 | 26,323 |
| Shares retained | 9,580 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 50,258
Price GBP: £243,751.30
Shares retained to cover the costs of exercise
Volume: 14,355
Price GBP: £243,747.90
Shares sold, including those to satisfy tax liabilities
Volume: 26,323
Price GBP: £446,964.54
e)
Date of the transaction
2025-04-17
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
Exercise of 105,751 Share Options under the BAE Systems Long Term Incentive Plan (LTIP), and the sale of 55,384 shares, including those to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share awards | £4.851 | 105,751 |
| Shares retained to cover the costs of exercise | £16.980 | 30,212 |
| Sale of shares, including those to satisfy tax liabilities | £16.980 | 55,384 |
| Shares retained | 20,155 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 105,751
Price GBP: £512,998.10
Shares retained to cover the costs of exercise
Volume: 30,212
Price GBP: £512,999.76
Shares sold, including those to satisfy tax liabilities
Volume: 55,384
Price GBP: £940,420.32
e)
Date of the transaction
2025-04-17
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
Exercise of 133,406 Share Options under the BAE Systems Long Term Incentive Plan (LTIP), and the sale of 44,290 shares, including those to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share awards | £4.999 | 133,406 |
| Shares retained to cover the costs of exercise | £16.923 | 39,408 |
| Sale of shares, including those to satisfy tax liabilities | £16.923 | 44,290 |
| Shares retained | 49,708 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 133,406
Price GBP: £666,896.59
Shares retained to cover the costs of exercise
Volume: 39,408
Price GBP: £666,901.58
Shares sold, including those to satisfy tax liabilities
Volume: 44,290
Price GBP: £749,519.67
e)
Date of the transaction
2025-04-17
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
Exercise of 72,238 Share Options under the BAE Systems Long Term Incentive Plan (LTIP), and the sale of 19,255 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 | 72,238 |
| Shares retained to cover the costs of exercise | £16.923 | 31,374 |
| Sale of shares, including those to satisfy tax liabilities | £16.923 | 19,255 |
| Shares retained | 21,609 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 72,238
Price GBP: £530,949.30
Shares retained to cover the costs of exercise
Volume: 31,374
Price GBP: £530,942.20
Shares sold, including those to satisfy tax liabilities
Volume: 19,255
Price GBP: £325,852.36
e)
Date of the transaction
2025-04-17
f)
Place of the transaction
XLON - London Stock Exchange
24 April 2025
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