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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 : 5083Y
BAE SYSTEMS PLC
27 March 2026
BAE Systems plc
Director/PDMR Shareholding
BAE Systems plc announces that on 25 and 26 March 2026, the following Persons Discharging Managerial Responsibilities ("PDMRs") exercised performance shares under the BAE Systems Long Term Incentive Plan (LTIP), refer below for futher details:
1. Exercise of BAE Systems Performance shares
| Name of PDMR | Number of shares |
| Thomas Arseneault | 372,264 |
| Caitlin Hayden | 13,973 |
| Simon Barnes | 71,339 |
2. Exercise of BAE Systems Restricted shares
In addition, on 25 March 2026, the following PDMR exercised restricted shares under the BAE Systems Long Term Incentive Plan (LTIP), refer below for futher details:
| Name of PDMR | Number of shares |
| Thomas Arseneault | 148,235 |
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 & 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
Thomas 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 209,293 performance shares under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 209,293 shares, including those to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share awards | £0 | 209,293 |
| Sale of shares, including those to satisfy tax liabilities | £21.255 | 209,293 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 209,293
Price GBP: £0
Shares sold, including those to satisfy tax liabilities
Volume: 209,293
Price GBP: £4,448,522.71
e)
Date of the transaction
2026-03-25
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 & 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
Thomas 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 148,235 restricted shares under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 66,992 shares, including those to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share awards | £0 | 148,235 |
| Sale of shares, including those to satisfy tax liabilities | £21.255 | 66,992 |
| Shares retained | 81,243 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 148,235
Price GBP: £0
Shares sold, including those to satisfy tax liabilities
Volume: 66,992
Price GBP: £1,423,914.96
e)
Date of the transaction
2026-03-25
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 Communications Director
b)
Initial notification /Amendment
Initial notification
3
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Caitlin Hayden
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 5,482 performance shares under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 2,439 shares, including those to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share awards | £0 | 5,482 |
| Sale of shares, including those to satisfy tax liabilities | £21.255 | 2,439 |
| Shares retained | 3,043 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 5,482
Price GBP: £0
Shares sold, including those to satisfy tax liabilities
Volume: 2,439
Price GBP: £51,840.94
e)
Date of the transaction
2026-03-25
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 & 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
Thomas 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 162,971 performance shares under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 162,971 shares, including those to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share awards | £0 | 162,971 |
| Sale of shares, including those to satisfy tax liabilities | £21.405 | 162,971 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 162,971
Price GBP: £0
Shares sold, including those to satisfy tax liabilities
Volume: 162,971
Price GBP: £3,488,394.25
e)
Date of the transaction
2026-03-26
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 Communications Director
b)
Initial notification /Amendment
Initial notification
3
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Caitlin Hayden
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 8,491 performance shares under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 3,370 shares, including those to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share awards | £0 | 8,491 |
| Sale of shares, including those to satisfy tax liabilities | £21.405 | 3,370 |
| Shares retained | 5,121 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 8,491
Price GBP: £0
Shares sold, including those to satisfy tax liabilities
Volume: 3,370
Price GBP: £72,134.85
e)
Date of the transaction
2026-03-26
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, Air
b)
Initial notification /Amendment
Initial notification
3
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Simon Barnes
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 71,339 performance shares under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 71,339 shares, including those to satisfy tax liabilities.
c)
Price(s) and volume(s)
| Price | Volume | |
| Acquisition of shares on exercise of share awards | £0 | 71,339 |
| Sale of shares, including those to satisfy tax liabilities | £21.135 | 71,339 |
d)
Aggregated information
- Aggregated volume
- Price
Exercise
Volume: 71,339
Price GBP: £0
Shares sold, including those to satisfy tax liabilities
Volume: 71,339
Price GBP: £1,507,749.76
e)
Date of the transaction
2026-03-26
f)
Place of the transaction
XLON - London Stock Exchange
Legal Entity Identifier (LEI): 8SVCSVKSGDWMW2QHOH83
27 March 2026
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