Director/PDMR Shareholding

RNS Number : 9484T

BAE SYSTEMS PLC

30 March 2021

 

Director/PDMR Shareholding

BAE Systems plc announces that on 25 March 2021 it made the following awards over ordinary shares of 2.5p each in BAE Systems plc under the BAE Systems Long-Term Incentive Plan ("LTIP") to the Persons Discharging Managerial Responsibilities ("PDMRs") specified below:

1.  Share Options, at an option price of 499.9 pence per share:  

Name of PDMR	Number of shares granted under option
David Armstrong	82,672
Christopher Boardman	120,579
Philip Bramwell	147,260
Julian Cracknell	68,410
Karin Hoeing	156,752
Benjamin Hudson	175,535
Glynn Phillips	133,406
Mark Phillips	36,907

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

Name of PDMR	Number of shares granted under option
David Armstrong	82,672
Christopher Boardman	120,579
Philip Bramwell	147,260
Julian Cracknell	68,410
Bradley Greve	416,957
Karin Hoeing	156,752
Benjamin Hudson	175,535
Glynn Phillips	133,406
Mark Phillips	36,907
Charles Woodburn	819,742

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

Name of PDMR	Number of shares granted under award
Thomas Arseneault	435,054

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

Name of PDMR	Number of shares under award
Thomas Arseneault	218,987

5.  Restricted Shares granted in the form of a nil cost option:

Name of PDMR	Number of shares under award
Karin Hoeing	133,976

6.   BAE Systems Deferred Bonus Plan ("DBP")

In addition, on 25 March 2021, the following PDMRs purchased ordinary shares of 2.5p each at a consideration of 492.77 pence per share under the DBP ("Deferred Shares"): 

Name of PDMR	Number of Deferred Shares acquired (beneficial interest )
David Armstrong	7,089
Thomas Arseneault	25,548
Christopher Boardman	13,824
Philip Bramwell	17,547
Julian Cracknell	5,507
Bradley Greve	28,274
Karin Hoeing	14,526
Benjamin Hudson	16,360
Glynn Phillips	13,176
Mark Phillips	3,911
Charles Woodburn	64,348

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Armstrong
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 £4.999 per share; · 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 82,672 Performance Shares Nil consideration 82,672 Total: 165,344
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 165,344 shares £00.00
e)	Date of the transaction	Award made on 21-03-25
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Armstrong
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 £4.9277 7,089
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 7,089 shares £34,932.47
e)	Date of the transaction	21-03-25
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Thomas Arseneault
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 performance shares and restricted shares in the form of conditional awards under the LTIP.
c)	Price(s) and volume(s)	Award Price(s) Volume(s) Performance Shares Nil consideration 435,054 Restricted Shares Nil consideration 218,987 Total: 654,041
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 654,041 shares £00.00
e)	Date of the transaction	Award made on 21-03-25
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Thomas Arseneault
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 £4.9277 25,548
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 25,548 shares £125,892.88
e)	Date of the transaction	21-03-25
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Christopher Boardman
2	Reason for the notification
a)	Position/status	Group Managing Director, Air
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 £4.999 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  120,579 Performance Shares Nil consideration  120,579 Total: 241,158
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 241,158 shares £00.00
e)	Date of the transaction	Award made on 21-03-25
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Christopher Boardman
2	Reason for the notification
a)	Position/status	Group Managing Director, Air
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 £4.9277 13,824
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 13,824 shares £68,120.53
e)	Date of the transaction	21-03-25
f)	Place of the transaction	XLON - London Stock Exchange

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	Award of shares under the LTIP: · Share Options at an option price of £4.999 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 147,260 Performance Shares Nil consideration 147,260 Total: 294,520
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 294,520 shares £00.00
e)	Date of the transaction	Award made on 21-03-25
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 £4.9277 17,547
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 17,547 shares £86,466.36
e)	Date of the transaction	21-03-25
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Julian Cracknell
2	Reason for the notification
a)	Position/status	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 £4.999 per share;   · 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 68,410 Performance Shares Nil consideration 68,410 Total: 136,820
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 136,820 shares £00.00
e)	Date of the transaction	Award made on 21-03-25
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Julian Cracknell
2	Reason for the notification
a)	Position/status	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 £4.9277 5,507
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 5,507 shares £27,136.85
e)	Date of the transaction	21-03-25
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Bradley Greve
2	Reason for the notification
a)	Position/status	Group Finance 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 performance shares in the form of a nil-cost option under the LTIP.
c)	Price(s) and volume(s)	Award Price(s) Volume(s) Performance Shares Nil consideration 416,957 Total: 416,957
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 416,957 shares £00.00
e)	Date of the transaction	Award made on 21-03-25
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Bradley Greve
2	Reason for the notification
a)	Position/status	Group Finance Director Designate
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 £4.9277 28,274
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 28,274 shares £139,325.79
e)	Date of the transaction	21-03-25
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Karin Hoeing
2	Reason for the notification
a)	Position/status	Group Human Resources 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 £4.999 per share; · Performance Shares in the form of a nil-cost option; and · Restricted Shares in the form of a nil-cost option.
c)	Price(s) and volume(s)	Award Price(s) Volume(s) Share Options Nil consideration 156,752 Performance Shares Nil consideration 156,752 Restricted Shares Nil consideration 133,976 Total: 447,480
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 447,480 shares £00.00
e)	Date of the transaction	Award made on 21-03-25
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Karin Hoeing
2	Reason for the notification
a)	Position/status	Group Human Resources 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 £4.9277 14,526
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 14,526 shares £71,579.770
e)	Date of the transaction	21-03-25
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Benjamin Hudson
2	Reason for the notification
a)	Position/status	Chief Technology 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	Award of shares under the LTIP: · Share Options at an option price of £4.999 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  175,535 Performance Shares Nil consideration  175,535 Total: 351,070
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 351,070 shares £00.00
e)	Date of the transaction	Award made on 21-03-25
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Benjamin Hudson
2	Reason for the notification
a)	Position/status	Chief Technology 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	Purchase of deferred shares under the DBP.
c)	Price(s) and volume(s)	Price Volume £4.9277 16,360
d)	Aggregated information - Aggregated volume - Price	Aggregated volume:  16,360 shares £80,617.18
e)	Date of the transaction	21-03-25
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Glynn Phillips
2	Reason for the notification
a)	Position/status	Group Managing Director, Maritime and Land UK
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 £4.999 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 133,406 Performance Shares Nil consideration 133,406 Total: 266,812
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 266,812 shares £00.00
e)	Date of the transaction	Award made on 21-03-25
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Glynn Phillips
2	Reason for the notification
a)	Position/status	Group Managing Director Maritime and Land UK
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 £4.9277 13,176
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 13,176 shares £64,927.38
e)	Date of the transaction	21-03-25
f)	Place of the transaction	XLON - London Stock Exchange

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 £4.999 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 36,907 Performance Shares Nil consideration 36,907 Total: 73,814
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 73,814 shares £00.00
e)	Date of the transaction	Award made on 21-03-25
f)	Place of the transaction	-

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	Purchase of deferred shares under the DBP.
c)	Price(s) and volume(s)	Price Volume £4.9277 3,911
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 3,911 shares £19,272.24
e)	Date of the transaction	21-03-25
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 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	Award of performance shares in the form of a nil-cost option under the LTIP.
c)	Price(s) and volume(s)	Award Price(s) Volume(s) Performance Shares Nil consideration 819,742 Total: 819,742
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 819,742 shares £00.00
e)	Date of the transaction	Award made on 21-03-25
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 Executive 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 £4.9277 64,348
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 64,348 shares £317,087.64
e)	Date of the transaction	21-03-25
f)	Place of the transaction	XLON - London Stock Exchange

 

END

 

 

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