BAE Systems PLC

Remuneration Information • Sep 9, 2019

National Storage Mechanism | Additional information

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RNS Number : 6678L

BAE SYSTEMS PLC

09 September 2019

BAE Systems Long Term incentive Plan ("LTIP")

BAE Systems plc announces that on 6 September 2019 it made the following awards over ordinary shares of 2.5p each in BAE Systems plc under the LTIP to Mark Phillips, a Person Discharging Managerial Responsibilities ("PDMR") as specified below:

1.  Share Options, at an option price of 563.4 pence per share:

Number of shares granted under option	19,960

2.  Performance Shares granted in the form of nil cost options:

Number of shares granted under option	16,963

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Phillips

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

Award of shares under the LTIP:

•Share Options at an option price of £5.634 per share; and

•Performance Shares in the form of a nil-cost option.

c)

Price(s) and volume(s)

Award	Price(s)	Volume(s)
Share Options	Nil consideration	19,960
Performance Shares	Nil consideration	16,963
Total:		36,923

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 36,923 shares

£00.00

e)

Date of the transaction

2019-09-06

f)

Place of the transaction

Outside trading venue

9 September 2019

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