Director/PDMR Shareholding

RNS Number : 6453U
BAE SYSTEMS PLC
29 March 2023
 

Director/PDMR Shareholding

 

BAE Systems plc announces that on 24 March 2023 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.  Performance Shares granted in the form of nil cost options:

 

Name of PDMR

Number of shares granted under option

David Armstrong

74,487

Simon Barnes

35,256

Gabrielle Costigan

114,333

Julian Cracknell

99,230

Tania Gandamihardja

99,230

Edward Gelsthorpe

99,230

Bradley Greve

257,743

Caitlin Hayden

64,615

Karin Hoeing

173,076

Benjamin Hudson

131,421

Glynn Phillips

93,030

Clifford Robson

103,846

Charles Woodburn

448,035

 

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

 

Name of PDMR

Number of shares granted under award

Thomas Arseneault

275,064

 

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

 

Name of PDMR

Number of shares under award

Thomas Arseneault

138,455

 

4.  BAE Systems Deferred Bonus Plan

 

In addition, on 24 March 2023, the following PDMRs purchased ordinary shares of 2.5p each at a consideration of 970.70 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

5,011

970.70

Thomas Arseneault

35,587

970.70

Simon Barnes

2,724

970.70

Gabrielle Costigan

6,494

970.70

Julian Cracknell

4,958

970.70

Tania Gandamihardja

3,866

970.70

Edward Gelsthorpe

3,029

970.70

Bradley Greve

19,250

970.70

Karin Hoeing

10,229

970.70

Benjamin Hudson

10,363

970.70

Glynn Phillips

8,146

970.70

Clifford Robson

9,253

970.70

Charles Woodburn

46,761

970.70

 

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 performance shares under the LTIP in the form of nil cost options

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

Nil consideration

74,487

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 74,487 shares

 

£00.00

e)

 

Date of the transaction

 

Award made on 23-03-24

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

£9.707036

5,011

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 5,011 shares

 

£48,641.96

e)

 

Date of the transaction

 

23-03-24

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

275,064

Restricted Shares

Nil consideration

138,455

Total:

 

413,519

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 413,519 shares

 

£00.00

e)

 

Date of the transaction

 

Award made on 23-03-24

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

£9.707036

35,587

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 35,587 shares

 

£345,444.29

e)

 

Date of the transaction

 

23-03-24

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 performance shares under the LTIP in the form of nil cost options

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

Nil consideration

35,256

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 35,256 shares

 

£00.00

e)

 

Date of the transaction

 

Award made on 23-03-24

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

£9.707036

2,724

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 2,724 shares

 

£26,441.97

e)

 

Date of the transaction

 

23-03-24

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 performance shares under the LTIP in the form of nil cost options

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

Nil consideration

114,333

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 114,333 shares

 

£00.00

e)

 

Date of the transaction

 

Award made on 23-03-24

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

£9.707036

6,494

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 6,494 shares

 

£63,037.49

e)

 

Date of the transaction

 

23-03-24

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 performance shares under the LTIP in the form of nil cost options

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

Nil consideration

99,230

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 99,230 shares

 

£00.00

e)

 

Date of the transaction

 

Award made on 23-03-24

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

£9.707036

4,958

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 4,958 shares

 

£48,127.48

e)

 

Date of the transaction

 

23-03-24

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 performance shares under the LTIP in the form of nil cost options

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

Nil consideration

99,230

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 99,230 shares

 

£00.00

e)

 

Date of the transaction

 

Award made on 23-03-24

f)

 

Place of the transaction

 

-

 

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

 

 

Purchase of deferred shares under the DBP. 

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

£9.707036

3,866

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 3,866 shares

 

£37,527.40

e)

 

Date of the transaction

 

23-03-24

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

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 performance shares under the LTIP in the form of nil cost options

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

Nil consideration

99,230

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 99,230 shares

 

£00.00

e)

 

Date of the transaction

 

Award made on 23-03-24

f)

 

Place of the transaction

 

-

 

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

 

 

Purchase of deferred shares under the DBP. 

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

£9.707036

3,029

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 3,029 shares

 

£29,402.61

e)

 

Date of the transaction

 

23-03-24

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

 

Chief Financial 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 under the LTIP in the form of nil cost options

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

Nil consideration

257,743

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 257,743 shares

 

£00.00

e)

 

Date of the transaction

 

Award made on 23-03-24

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

 

Chief Financial 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

£9.707036

19,250

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 19,250 shares

 

£186,860.44

e)

 

Date of the transaction

 

23-03-24

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

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 performance shares under the LTIP in the form of nil cost options

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

Nil consideration

64,615

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 64,615 shares

 

£00.00

e)

 

Date of the transaction

 

Award made on 23-03-24

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

 

 

Award of performance shares under the LTIP in the form of nil cost options

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

Nil consideration

173,076

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 173,076 shares

 

£00.00

e)

 

Date of the transaction

 

Award made on 23-03-24

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

£9.707036

10,229

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 10,229 shares

 

£99,293.27

e)

 

Date of the transaction

 

23-03-24

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 performance shares under the LTIP in the form of nil cost options

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

Nil consideration

131,421

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 131,421 shares

 

£00.00

e)

 

Date of the transaction

 

Award made on 23-03-24

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

£9.707036

10,363

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume:  10,363 shares

 

£100,594.01

e)

 

Date of the transaction

 

23-03-24

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

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 under the LTIP in the form of nil cost options

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

Nil consideration

93,030

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 93,030 shares

 

£00.00

e)

 

Date of the transaction

 

Award made on 23-03-24

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

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

£9.707036

8,146

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 8,146 shares

 

£79,073.52

e)

 

Date of the transaction

 

23-03-24

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 performance shares under the LTIP in the form of nil cost options

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

Nil consideration

103,846

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 103,846 shares

 

£00.00

e)

 

Date of the transaction

 

Award made on 23-03-24

f)

 

Place of the transaction

 

-

 

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

 

 

Purchase of deferred shares under the DBP. 

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

£9.707036

9,253

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 9,253 shares

 

£89,819.20

e)

 

Date of the transaction

 

23-03-24

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 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 under the LTIP in the form of nil cost options

 

c)

 

Price(s) and volume(s)

 

 

 

 

Price

Volume

Nil consideration

448,035

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 448,035 shares

 

£00.00

e)

 

Date of the transaction

 

Award made on 23-03-24

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

£9.707036

46,761

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

Aggregated volume: 46,761 shares

 

£453,910.71

e)

 

Date of the transaction

 

23-03-24

f)

 

Place of the transaction

 

XLON - London Stock Exchange

 

 

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BAE Systems (BA.)
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