Director/PDMR Shareholding

RNS Number : 5751I

BAE SYSTEMS PLC

26 March 2015

BAE SYSTEMS plc

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR") OR THEIR CONNECTED PERSONS

Notifications made in accordance with DTR 3.1.4R(1)(a) of the Disclosure Rules and Transparency Rules:

(i) The Company was notified yesterday that the following PDMRs purchased ordinary shares of 2.5p each in BAE Systems plc at a consideration of 544.55 pence per share ("Deferred Shares") under the BAE Systems Deferred Bonus Plan on 25 March 2015. The transaction took place on the London Stock Exchange. The number of shares acquired was as follows:

Name of PDMR	Number of Deferred Shares acquired (beneficial interest)
Philip Bramwell	13,326
Jerry DeMuro	25,077
Claire Divver	9,024
Alan Garwood	10,717
Guy Griffiths	12,797
Ian King	53,889
Peter Lynas	21,780
Lynn Minella	12,240
Kevin Taylor	11,543
Nigel Whitehead	16,380

(ii) The Company yesterday granted options over ordinary shares of 2.5p each in BAE Systems plc under the BAE Systems Long-term Incentive Plan 2014 ("Share Options") to the following PDMRs as set out below:

Name of PDMR	Number of shares granted under option
Thomas Arseneault	258,380
Philip Bramwell	113,848
Jerry DeMuro	472,579
Claire Divver	77,880
Alan Garwood	102,969
Guy Griffiths	113,824
Ian King	532,562
Peter Lynas	308,018
Lynn Minella	107,834
Kevin Taylor	107,834
Nigel Whitehead	119,815

The option price is 542.5 pence per share

(iii) The Company yesterday granted options over ordinary shares of 2.5p each in BAE Systems plc under the BAE Systems Long-Term Incentive Plan 2014 ("Performance Shares") at nil consideration to the following PDMRs as set out below:

Name of PDMR	Number of shares granted under option/award
Thomas Arseneault*	126,923
Philip Bramwell	131,364
Jerry DeMuro*	293,241
Claire Divver	89,861
Alan Garwood	118,811
Guy Griffiths	131,336
Ian King	443,801
Peter Lynas	220,746
Lynn Minella	124,423
Kevin Taylor	124,423
Nigel Whitehead	138,248

* awards granted to the US PDMRs are automatically released, subject to the performance condition having been met, without the need to exercise an option.

(iv) Conditional awards of shares were granted yesterday under the BAE Systems Long-Term Incentive Plan 2014 ("Restricted Shares") over ordinary shares of 2.5p each in BAE Systems plc at nil consideration to the following PDMRs as set out below: