BAE Systems PLC

Remuneration Information • Mar 11, 2024

National Storage Mechanism | Additional information

RNS Number : 3706G

BAE SYSTEMS PLC

11 March 2024

Director/PDMR Shareholding

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Dr Charles Woodburn

2

Reason for the notification

a)

Position/status

Group Chief Executive Officer

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 704,014 performance shares under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 331,716 shares to satisfy income tax and NIC liabilities.

c)

Price(s) and volume(s)

	Price	Volume(s)
Acquisition of shares on exercise of share option	£0	704,014
Sale of shares to satisfy income tax and NIC liability	£12.546	331,716
Shares retained		372,298

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume:  704,014

Price GBP:  £0

Shares sold to satisfy income tax  

Volume:  331,716

Price GBP: £4,161,708.936

e)

Date of the transaction

24-03-08

f)

Place of the transaction

XLON - London Stock Exchange

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