Director/PDMR Shareholding

RNS Number : 2721G

BAE SYSTEMS PLC

28 March 2022

 

Director/PDMR Shareholding

BAE Systems plc announces that on 24 March 2022 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 735.0 pence per share:

Name of PDMR	Number of shares granted under option
David Armstrong	59,285
Simon Barnes	42,091
Gabrielle Costigan	91,000
Julian Cracknell	52,857
Tania Gandamihardja	42,857
Karin Hoeing	137,755
Benjamin Hudson	93,214
Glynn Phillips	72,238
Mark Phillips	25,604
Clifford Robson	82,653

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

Name of PDMR	Number of shares granted under option
David Armstrong	59,285
Simon Barnes	42,091
Gabrielle Costigan	91,000
Julian Cracknell	52,857
Tania Gandamihardja	42,857
Bradley Greve	290,677
Karin Hoeing	137,755
Benjamin Hudson	93,214
Glynn Phillips	72,238
Mark Phillips	25,604
Clifford Robson	82,653
Charles Woodburn	571,474

3.  Performance Shares granted in the form of a conditional award:

Name of PDMR	Number of shares granted under award
Thomas Arseneault	325,542

4.  Restricted Shares granted in the form of a conditional award:

Name of PDMR	Number of shares under award
Thomas Arseneault	163,863

5. BAE Systems Deferred Bonus Plan

In addition, on 24 March 2022, the following PDMRs purchased ordinary shares of 2.5p each at a consideration of 742.50 pence per share under the BAE Systems Deferred Bonus Plan ("DBP") ("Deferred Shares"): 

Name of PDMR	Number of Deferred Shares acquired (beneficial interest)	Price per share
David Armstrong	6,940	742.50
Thomas Arseneault	41,516	742.50
Simon Barnes	2,895	742.50
Philip Bramwell	14,845	742.50
Gabrielle Costigan	5,310	742.50
Julian Cracknell	5,880	742.50
Bradley Greve	23,735	742.50
Karin Hoeing	12,470	742.50
Benjamin Hudson	13,352	742.50
Glynn Phillips	10,365	742.50
Mark Phillips	3,253	742.50
Charles Woodburn	59,413	742.50

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Armstrong
2	Reason for the notification
a)	Position/status	Group Managing Director, Digital 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 £7.350 per share; · Performance Shares in the form of nil cost options;
c)	Price(s) and volume(s)	Award Price(s) Volume(s) Share Options Nil consideration 59,285 Performance Shares Nil consideration 59,285 Total: 118,570
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 118,570 shares £00.00
e)	Date of the transaction	Award made on 22-03-24
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 Managing Director, Digital 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 £7.4250 6,940
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 6,940 shares £51,529.50
e)	Date of the transaction	22-03-24
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 shares under the LTIP: · 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) Performance Shares Nil consideration 325,542 Restricted Shares Nil consideration 163,863 Total: 489,405
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 489,405 shares £00.00
e)	Date of the transaction	Award made on 22-03-24
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 £7.4250 41,516
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 41,516 shares £308,256.30
e)	Date of the transaction	22-03-24
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Simon Barnes
2	Reason for the notification
a)	Position/status	Managing Director, BAE Systems Saudi Arabia
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 £7.350 per share; · Performance Shares in the form of a conditional award;
c)	Price(s) and volume(s)	Award Price(s) Volume(s) Share Options Nil consideration 42,091 Performance Shares Nil consideration 42,091 Total: 84,182
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 84,182 shares £00.00
e)	Date of the transaction	Award made on 22-03-24
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Simon Barnes
2	Reason for the notification
a)	Position/status	Managing Director, BAE Systems Saudi Arabia
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 £7.4250 2,895
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 2,895 shares £21,495.38
e)	Date of the transaction	22-03-24
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	Purchase of deferred shares under the DBP.
c)	Price(s) and volume(s)	Price Volume £7.4250 14,845
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 14,845 shares £110,224.13
e)	Date of the transaction	22-03-24
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gabrielle Costigan
2	Reason for the notification
a)	Position/status	Group Managing Director, Business Development
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 £7.350 per share; · Performance Shares in the form of a conditional award;
c)	Price(s) and volume(s)	Award Price(s) Volume(s) Share Options Nil consideration 91,000 Performance Shares Nil consideration 91,000 Total: 182,000
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 182,000 shares £00.00
e)	Date of the transaction	Award made on 22-03-24
f)	Place of the transaction	-

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gabrielle Costigan
2	Reason for the notification
a)	Position/status	Group Managing Director, Business Development
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 £7.4250 5,310
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 5,310 shares £39,426.75
e)	Date of the transaction	22-03-24
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	Chief Technology & Information 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 £7.350 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 52,857 Performance Shares Nil consideration 52,857 Total: 105,714
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 105,714 shares £00.00
e)	Date of the transaction	Award made on 22-03-24
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	Chief Technology & Information 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 £7.4250 5,880
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 5,880 shares £43,659.00
e)	Date of the transaction	22-03-24
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tania Gandamihardja
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 £7.350 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 42,857 Performance Shares Nil consideration 42,857 Total: 85,714
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 85,714 shares £00.00
e)	Date of the transaction	Award made on 22-03-24
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
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: · Performance Shares in the form of a nil-cost option.
c)	Price(s) and volume(s)	Award Price(s) Volume(s) Performance Shares Nil consideration 290,677 Total: 290,677
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 290,677 shares £00.00
e)	Date of the transaction	Award made on 22-03-24
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 £7.4250 23,735
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 23,735 shares £176,232.38
e)	Date of the transaction	22-03-24
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 ESG, Culture & Business Transformation 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 7.350 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 137,755 Performance Shares Nil consideration 137,755 Total: 275,510
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 275,510 shares £00.00
e)	Date of the transaction	Award made on 22-03-24
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 ESG, Culture & Business Transformation 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 £7.4250 12,470
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 12,470 shares £92,589.75
e)	Date of the transaction	22-03-24
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 Executive, BAE Systems Australia
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 £7.350 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 93,214 Performance Shares Nil consideration 93,214 Total: 186,428
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 186,428 shares £00.00
e)	Date of the transaction	Award made on 22-03-24
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 Executive, BAE Systems Australia
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 £7.4250 13,352
d)	Aggregated information - Aggregated volume - Price	Aggregated volume:  13,352 shares £99,138.60
e)	Date of the transaction	22-03-24
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 £7.350 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 72,238 Performance Shares Nil consideration 72,238 Total: 144,476
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 144,476 shares £00.00
e)	Date of the transaction	Award made on 22-03-24
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 £7.4250 10,365
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 10,365 shares £76,960.13
e)	Date of the transaction	22-03-24
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 £7.350 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 25,604 Performance Shares Nil consideration 25,604 Total: 51,208
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 51,208 shares £00.00
e)	Date of the transaction	Award made on 22-03-24
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 £7.4250 3,253
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 3,253 shares £24,153.53
e)	Date of the transaction	22-03-24
f)	Place of the transaction	XLON - London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Clifford Robson
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 £7.350 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  82,653 Performance Shares Nil consideration  82,653 Total: 165,306
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 165,306 shares £00.00
e)	Date of the transaction	Award made on 22-03-24
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
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: · Performance Shares in the form of a nil-cost option.
c)	Price(s) and volume(s)	Award Price(s) Volume(s) Performance Shares Nil consideration 571,474 Total: 571,474
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 571,474 shares £00.00
e)	Date of the transaction	Award made on 22-03-24
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 £7.4250 59,413
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 59,413 shares £441,141.53
e)	Date of the transaction	22-03-24
f)	Place of the transaction	XLON - London Stock Exchange

 

END

 

 

DSHUWVORUWUOUAR