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BAE Systems PLC Director's Dealing 2026
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 5837U
BAE SYSTEMS PLC
26 February 2026
BAE Systems plc
1
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
BAE Systems plc
b)
LEI
8SVCSVKSGDWMW2QHOH83
2
Reason for the notification
a)
Position/status
President and Chief Executive Officer of BAE Systems, Inc.
b)
Initial notification /Amendment
Initial notification
3
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Tom Arseneault
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 268,594 options under the BAE Systems 2018 Long Term Incentive Plan (LTIP), and the subsequent sale of 195,130 shares including those to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume(s) | |
| Acquisition of shares on exercise of share option | £5.8180 | 268,594 |
| Shares retained to cover the costs of exercise | £21.2715 | 73,464 |
| Sale of shares including those to satisfy tax liabilities | £21.2715 | 195,130 |
d)
Aggregated information
- Price
- Aggregated volume
Exercise
Volume: 268,594
Price GBP: £1,562,679.89
Shares retained to cover the costs of exercise
Volume: 73,464
Price GBP: £1,562,689.47
Sale of shares, including those to satisfy tax liabilities
Volume: 195,130
Price GBP: £4,150,707.79
e)
Date of the transaction
2026-02-24
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
BAE Systems plc
b)
LEI
8SVCSVKSGDWMW2QHOH83
2
Reason for the notification
a)
Position/status
President and Chief Executive Officer of BAE Systems, Inc.
b)
Initial notification /Amendment
Initial notification
3
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Tom Arseneault
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 352,471 options under the BAE Systems 2019 Long Term Incentive Plan (LTIP), and the subsequent sale of 272,106 shares including those to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume(s) | |
| Acquisition of shares on exercise of share option | £4.8500 | 352,471 |
| Shares retained to cover the costs of exercise | £21.2715 | 80,365 |
| Sale of shares including those to satisfy tax liabilities | £21.2715 | 272,106 |
d)
Aggregated information
- Price
- Aggregated volume
Exercise
Volume: 352,471
Price GBP: £1,709,484.35
Shares retained to cover the costs of exercise
Volume: 80,365
Price GBP: £1,709,484.09
Sale of shares, including those to satisfy tax liabilities
Volume: 272,106
Price GBP: £5,788,102.77
e)
Date of the transaction
2026-02-24
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
BAE Systems plc
b)
LEI
8SVCSVKSGDWMW2QHOH83
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 person discharging managerial responsibilities / person closely associated
a)
Name
Glynn Phillips
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
Sale of Shares.
c)
Price(s) and volume(s)
| Price | Volume(s) | |
| Sale of shares | £21.3400 | 67,104 |
d)
Aggregated information
- Price
- Aggregated volume
| Prices (GBP) | Volume |
| £1,431,999.36 | 67,104 |
N/A Single transaction
e)
Date of the transaction
2026-02-24
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
BAE Systems plc
b)
LEI
8SVCSVKSGDWMW2QHOH83
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 person discharging managerial responsibilities / person closely associated
a)
Name
Glynn Phillips
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
Sale of Shares.
c)
Price(s) and volume(s)
| Price | Volume(s) | |
| Sale of shares | £21.2715 | 143,723 |
d)
Aggregated information
- Price
- Aggregated volume
| Prices (GBP) | Volume |
| £3,057,203.79 | 143,723 |
N/A Single transaction
e)
Date of the transaction
2026-02-24
f)
Place of the transaction
XLON - London Stock Exchange
1
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
BAE Systems plc
b)
LEI
8SVCSVKSGDWMW2QHOH83
2
Reason for the notification
a)
Position/status
Person closely associated with Ed Gelsthorpe (Group General Counsel / PDMR)
b)
Initial notification /Amendment
Initial notification
3
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Claire Gelsthorpe
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
Sale of Shares.
c)
Price(s) and volume(s)
| Price | Volume(s) | |
| Sale of shares | £21.3634 | 30,000 |
d)
Aggregated information
- Price
- Aggregated volume
| Prices (GBP) | Volume |
| £640,902 | 30,000 |
N/A Single transaction
e)
Date of the transaction
2026-02-24
f)
Place of the transaction
XLON - London Stock Exchange
26 February 2026
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