Director/PDMR Shareholding

BAE SYSTEMS PLC

02 April 2025

 

Director/PDMR Shareholding

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Simon Barnes
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	Exercise of 8,386 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the sale of 7,278 shares, including those to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share awards £0 8,386 Shares sold, including those to satisfy tax liabilities £15.53 7,278 Shares retained 1,108
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 8,386 Price GBP: £0 Shares sold, including those to satisfy tax liabilities Volume:  7,278 Price GBP: £113.027.34
e)	Date of the transaction	2025-03-31
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	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	Exercise of 15,692 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the sale of 13,621 shares, including those to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share awards £0 15,692 Shares sold, including those to satisfy tax liabilities £15.53 13,621 Shares retained 2,071
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 15,692 Price GBP: £0 Shares sold, including those to satisfy tax liabilities Volume:  13,621 Price GBP: £211,534.13
e)	Date of the transaction	2025-03-31
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	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	Exercise of 14,778 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the sale of 12,827 shares, including those to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share awards £0 14,778 Shares sold, including those to satisfy tax liabilities £15.53 12,827 Shares retained 1,951
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 14,778 Price GBP: £0 Shares sold, including those to satisfy tax liabilities Volume:  12,827 Price GBP: £199,203.31
e)	Date of the transaction	2025-03-31
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	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	Exercise of 42,091 Share Options under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 10,447 shares, including those to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share awards £7.35 42,091 Shares retained to cover the costs of exercise £15.53 19,921 Sale of shares, including those to satisfy tax liabilities £15.53 10,447 Shares retained 11,723
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 42,091 Price GBP: £309,368.85 Shares retained to cover the costs of exercise Volume: 19,921 Price GBP:  £309,373.13 Shares sold, inlcuding those to satisfy tax liabilities Volume:  10,447 Price GBP: £162,241.91
e)	Date of the transaction	2025-03-31
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	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 Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price Volume £0 39
d)	Aggregated information - Aggregated volume - Price	N/A Single transaction
e)	Date of the transaction	2025-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury Shares)

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 Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price Volume £0 39
d)	Aggregated information - Aggregated volume - Price	N/A Single transaction
e)	Date of the transaction	2025-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury Shares)

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 Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price Volume £0 39
d)	Aggregated information - Aggregated volume - Price	N/A Single transaction
e)	Date of the transaction	2025-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury Shares)

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	Exercise of 3,352 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 1,579 shares to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share awards £7.35 3,352 Sale of shares to satisfy tax liabilities £15.646 1,579 Shares retained 1,773
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 3,352 Price GBP: £246,37.20 Shares sold to satisfy tax liabilities Volume:  1,579 Price GBP: £24,705.03
e)	Date of the transaction	2025-03-28
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	Exercise of 49,505 Share Options under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 12,368 shares to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share awards £7.35 49,505 Shares retained to cover the costs of exercise £15.646 23,257 Sale of shares to satisfy tax liabilities £15.646 12,368 Shares retained 13,880
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 49,505 Price GBP: £363,861.75 Shares retained to cover the costs of exercise Volume: 23,257 Price GBP:  £363,879.02 Shares sold to satisfy tax liabilities Volume:  12,368 Price GBP: £193,509.73
e)	Date of the transaction	2025-03-28
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	Exercise of 26,907 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 26,907 shares including those to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share awards £0 26,907 Sale of shares to satisfy tax liabilities £15.646 26,907
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 26,907 Price GBP: £0 Shares sold, including those to satisfy tax liabilities Volume: 26,907 Price GBP: £420,986.92
e)	Date of the transaction	2025-03-28
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	Exercise of 25,021 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 25,021 shares including those to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share awards £0 25,021 Sale of shares to satisfy tax liabilities £15.646 25,021
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 25,021 Price GBP: £0 Shares sold, including those to satisfy tax liabilities Volume: 25,021 Price GBP: £391,478.57
e)	Date of the transaction	2025-03-28
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	Exercise of 18,559 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 18,559 shares including those to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share awards £0 18,559 Sale of shares to satisfy tax liabilities £15.646 18,559
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 18,559 Price GBP: £0 Shares sold, including those to satisfy tax liabilities Volume: 18,559 Price GBP: £290,374.11
e)	Date of the transaction	2025-03-28
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 Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price Volume £0 39
d)	Aggregated information - Aggregated volume - Price	N/A Single transaction
e)	Date of the transaction	2025-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury Shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Edward Gelsthorpe
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 Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price Volume £0 39
d)	Aggregated information - Aggregated volume - Price	N/A Single transaction
e)	Date of the transaction	2025-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury Shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Caitlin Hayden
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 Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price Volume £0 39
d)	Aggregated information - Aggregated volume - Price	N/A Single transaction
e)	Date of the transaction	2025-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury Shares)

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 Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price Volume £0 39
d)	Aggregated information - Aggregated volume - Price	N/A Single transaction
e)	Date of the transaction	2025-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury Shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrea Thompson
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 Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price Volume £0 39
d)	Aggregated information - Aggregated volume - Price	N/A Single transaction
e)	Date of the transaction	2025-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury Shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Charles Woodburn
2	Reason for the notification
a)	Position/status	Group 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 Free Shares under the BAE Systems Share Incentive Plan
c)	Price(s) and volume(s)	Price Volume £0 39
d)	Aggregated information - Aggregated volume - Price	N/A Single transaction
e)	Date of the transaction	2025-03-31
f)	Place of the transaction	Outside of a trading venue (sourced from Treasury Shares)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Charles Woodburn
2	Reason for the notification
a)	Position/status	Group 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	Exercise of 877,344 performance shares under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 877,344 shares including those to satisfy tax liabilities.
c)	Price(s) and volume(s)	Price Volume Acquisition of shares on exercise of share awards £0 877,344 Sale of shares to satisfy tax liabilities £15.646 877,344
d)	Aggregated information - Aggregated volume - Price	Exercise Volume: 877,344 Price GBP: £0 Shares sold, including those to satisfy tax liabilities Volume: 877,344 Price GBP: £13,726,924.22
e)	Date of the transaction	2025-03-28
f)	Place of the transaction	XLON - London Stock Exchange

01 April 2025

 

END