Director/PDMR Shareholding

RNS Number : 2212A

BAE SYSTEMS PLC

22 March 2017

 

BAE Systems Long Term incentive Plan 2014 ("LTIP")

BAE Systems plc announces that yesterday it made the following awards over ordinary shares of 2.5p each in BAE Systems plc under the LTIP to the Persons Discharging Managerial Responsibilities ("PDMRs") specified below:

1.  Share Options, at an option price of 649.0 pence per share:

Name of PDMR	Number of shares granted under option
Thomas Arseneault	267,026
Philip Bramwell	98,992
Jerry DeMuro	503,106
Claire Divver	70,108
Alan Garwood	89,618
Guy Griffiths	100,154
Peter Lynas	270,543
Lynn Minella	93,784
Kevin Taylor	91,941
Nigel Whitehead	104,160
Charles Woodburn	346,687

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

Name of PDMR	Number of shares granted under option
Philip Bramwell	114,222
Claire Divver	80,894
Alan Garwood	103,405
Guy Griffiths	115,562
Peter Lynas	193,889
Lynn Minella	108,213
Kevin Taylor	106,086
Nigel Whitehead	120,185
Charles Woodburn	265,794

3.  Performance Shares granted in the form of conditional awards:

Name of PDMR	Number of shares granted under award
Thomas Arseneault	131,171
Jerry DeMuro	312,184

4.  Restricted Shares granted in the form of conditional awards:

Name of PDMR	Number of shares under award
Thomas Arseneault	65,585
Jerry DeMuro	129,002

BAE Systems Deferred Bonus Plan ("DBP")

5.  In addition, yesterday the following PDMRs purchased ordinary shares of 2.5p each at a consideration of 645.3 pence per share under the DBP ("Deferred Shares"):   

Name of PDMR	Number of Deferred Shares acquired (beneficial interest)
Philip Bramwell	12,862
Jerry DeMuro	47,933
Claire Divver	9,033
Alan Garwood	11,524
Guy Griffiths	9,998
Ian King	51,385
Peter Lynas	21,240
Lynn Minella	11,875
Kevin Taylor	4,251
Nigel Whitehead	13,210
Charles Woodburn	23,249

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tom Arseneault
2	Reason for the notification
a)	Position/status	Chief Operating Officer, BAE Systems Inc
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 £6.49 per share; ·     Performance Shares in the form of a conditional award; and ·     Restricted Shares in the form of a conditional award.
c)	Price(s) and volume(s)	Award Price(s) Volume(s) Share Options Nil consideration 267,026 Performance Shares Nil consideration 131,171 Restricted Shares Nil consideration 65,585 Total: 463,782
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 463,782 shares £00.00
e)	Date of the transaction	Award made on 2017-03-21
f)	Place of the transaction	-

a)	Name	Philip Bramwell
2	Reason for the notification
a)	Position/status	Group General Counsel
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 £6.49 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 98,992 Performance Shares Nil consideration 114,222 Total: 213,214
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 213,214 shares £00.00
e)	Date of the transaction	Award made on 2017-03-21
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Philip Bramwell
2	Reason for the notification
a)	Position/status	Group General Counsel
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	Purchase of deferred shares under the DBP.
c)	Price(s) and volume(s)	Price Volume £6.453 12,862
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 12,862 shares £82,998.49
e)	Date of the transaction	2017-03-21
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jerry DeMuro
2	Reason for the notification
a)	Position/status	President & Chief Executive Officer, BAE Systems Inc and 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 £6.49 per share; ·     Performance Shares in the form of a conditional award; and ·     Restricted Shares in the form of a conditional award.
c)	Price(s) and volume(s)	Award Price(s) Volume(s) Share Options Nil consideration 503,106 Performance Shares Nil consideration 312,184 Restricted Shares Nil consideration 129,002 Total: 944,292
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 944,292 shares £00.00
e)	Date of the transaction	Award made on 2017-03-21
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jerry DeMuro
2	Reason for the notification
a)	Position/status	President & Chief Executive Officer, BAE Systems Inc and 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	Purchase of deferred shares under the DBP.
c)	Price(s) and volume(s)	Price Volume £6.453 47,933
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 47,933 shares £309,311.65
e)	Date of the transaction	2017-03-21
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Claire Divver
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 £6.49 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 70,108 Performance Shares Nil consideration 80,894 Total: 151,002
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 151,002 shares £00.00
e)	Date of the transaction	Award made on 2017-03-21
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Claire Divver
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	Purchase of deferred shares under the DBP.
c)	Price(s) and volume(s)	Price Volume £6.453 9,033
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 9,033 shares £58,289.95
e)	Date of the transaction	2017-03-21
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alan Garwood
2	Reason for the notification
a)	Position/status	Group Business Development 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 £6.49 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 89,618 Performance Shares Nil consideration 103,405 Total: 193,023
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 193,023 shares £00.00
e)	Date of the transaction	Award made on 2017-03-21
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alan Garwood
2	Reason for the notification
a)	Position/status	Group Business Development 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	Purchase of deferred shares under the DBP.
c)	Price(s) and volume(s)	Price Volume £6.453 11,524
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 11,524 shares £74,364.37
e)	Date of the transaction	2017-03-21
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Guy Griffiths
2	Reason for the notification
a)	Position/status	Group Managing Director, International
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 £6.49 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 100,154 Performance Shares Nil consideration 115,562 Total: 215,716
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 215,716 shares £00.00
e)	Date of the transaction	Award made on 2017-03-21
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Guy Griffiths
2	Reason for the notification
a)	Position/status	Group Managing Director, International
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	Purchase of deferred shares under the DBP.
c)	Price(s) and volume(s)	Price Volume £6.453 9,998
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 9,998 shares £64,517.09
e)	Date of the transaction	2017-03-21
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ian King
2	Reason for the notification
a)	Position/status	Chief Executive and 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	Purchase of deferred shares under the DBP.
c)	Price(s) and volume(s)	Price Volume £6.453 51,385
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 51,385 shares £331,587.40
e)	Date of the transaction	2017-03-21
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Peter Lynas
2	Reason for the notification
a)	Position/status	Group Finance Director and 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 £6.49 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 270,543 Performance Shares Nil consideration 193,889 Total: 464,432
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 464,432 shares £00.00
e)	Date of the transaction	Award made on 2017-03-21
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Peter Lynas
2	Reason for the notification
a)	Position/status	Group Finance Director and 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	Purchase of deferred shares under the DBP.
c)	Price(s) and volume(s)	Price Volume £6.453 21,240
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 21,240 shares £137,061.72
e)	Date of the transaction	2017-03-21
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Lynn Minella
2	Reason for the notification
a)	Position/status	Group HR 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 £6.49 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 93,784 Performance Shares Nil consideration 108,213 Total: 201,997
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 201,997 shares £00.00
e)	Date of the transaction	Award made on 2017-03-21
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Lynn Minella
2	Reason for the notification
a)	Position/status	Group HR 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	Purchase of deferred shares under the DBP.
c)	Price(s) and volume(s)	Price Volume £6.453 11,875
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 11,875 shares £76,629.38
e)	Date of the transaction	2017-03-21
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kevin Taylor
2	Reason for the notification
a)	Position/status	Group Managing Director, Applied Intelligence
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 £6.49 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 91,941 Performance Shares Nil consideration 106,086 Total: 198,027
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 198,027 shares £00.00
e)	Date of the transaction	Award made on 2017-03-21
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kevin Taylor
2	Reason for the notification
a)	Position/status	Group Managing Director, Applied Intelligence
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	Purchase of deferred shares under the DBP.
c)	Price(s) and volume(s)	Price Volume £6.453 4,251
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 4,251 shares £27,431.70
e)	Date of the transaction	2017-03-21
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nigel Whitehead
2	Reason for the notification
a)	Position/status	Group Managing Director, Programmes and Support
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 £6.49 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 104,160 Performance Shares Nil consideration 120,185 Total: 224,345
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 224,345 shares £00.00
e)	Date of the transaction	Award made on 2017-03-21
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nigel Whitehead
2	Reason for the notification
a)	Position/status	Group Managing Director, Programmes and Support
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	Purchase of deferred shares under the DBP.
c)	Price(s) and volume(s)	Price Volume £6.453 13,210
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 13,210 shares £85,244.13
e)	Date of the transaction	2017-03-21
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Charles Woodburn
2	Reason for the notification
a)	Position/status	Chief Operating Officer and 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 £6.49 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 346,687 Performance Shares Nil consideration 265,794 Total: 612,481
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 612,481 shares £00.00
e)	Date of the transaction	Award made on 2017-03-21
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Charles Woodburn
2	Reason for the notification
a)	Position/status	Chief Operating Officer and 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	Purchase of deferred shares under the DBP.
c)	Price(s) and volume(s)	Price Volume £6.453 23,249
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 23,249 shares £150,025.80
e)	Date of the transaction	2017-03-21
f)	Place of the transaction	XLON - London Stock Exchange

 

END

 

 

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