Director/PDMR Shareholding

RNS Number : 2162T

BAE SYSTEMS PLC

24 March 2016

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 504.27 pence per share ("Deferred Shares") under the BAE Systems Deferred Bonus Plan on 23 March 2016. 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	14,271
Jerry DeMuro	47,173
Claire Divver	9,915
Alan Garwood	12,975
Guy Griffiths	14,123
Ian King	56,718
Peter Lynas	23,810
Lynn Minella	13,728
Kevin Taylor	5,422
Nigel Whitehead	15,731

(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	289,258
Philip Bramwell	126,273
Jerry DeMuro	542,143
Claire Divver	86,397
Alan Garwood	114,310
Guy Griffiths	126,273
Ian King	590,797
Peter Lynas	343,424
Lynn Minella	119,627
Kevin Taylor	117,281
Nigel Whitehead	132,919

The option price is 498.8 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*	142,090
Philip Bramwell	145,699
Jerry DeMuro*	336,406
Claire Divver	99,689
Alan Garwood	131,896
Guy Griffiths	145,699
Ian King	492,331
Peter Lynas	246,120
Lynn Minella	138,031
Kevin Taylor	135,324
Nigel Whitehead	153,368

* 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: