BAE Systems Regulatory News (BA.)

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 Free Shares under the BAE Systems Share Incentive Plan

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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

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

Exercise of 69,264 unapproved options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 16,661 shares to satisfy income tax and NIC liabilities.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume:  69,264

Price GBP: £335,999.664

Shares retained to settle the cost of exercise

Volume: 33,906

Price GBP: £336,008.46

Shares sold to satisfy income tax and NIC liability

Volume: 16,661

Price GBP: £165,110.51

e)

Date of the transaction

2023-04-03

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

Exercise of 22,436 unapproved options under the Long Term Incentive Plan ("LTIP") and the subsequent sale of 8,394 shares, including those to satisfy income tax and NIC liabilities.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume:  22,436

Price GBP: £108,837.04

Shares retained to settle the cost of exercise

Volume: 11,025

Price GBP: £108,838.80

Shares sold, including to satisfy income tax and NIC liability

Volume: 8,394

Price GBP: £82,865.568

e)

Date of the transaction

2023-04-03

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

Exercise of 15,297 performance shares granted as nil-cost options, under the Long Term Incentive Plan ("LTIP") and the subsequent sale 7,208 shares to satisfy income tax and NIC liabilities.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume: 15,297

Price GBP: nil

Shares sold to satisfy income tax and NIC liability

Volume:  7,208

Price GBP: £71,157.376

e)

Date of the transaction

2023-04-03

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 Free Shares under the BAE Systems Share Incentive Plan

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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)

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

23-03-31

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)

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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

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 Free Shares under the BAE Systems Share Incentive Plan

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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)

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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

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 Free Shares under the BAE Systems Share Incentive Plan

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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)

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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

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 Free Shares under the BAE Systems Share Incentive Plan

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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

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)

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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

Tania Gandamihardja

2

Reason for the notification

a)

Position/status

Group HR Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

BAE Systems plc

b)

LEI

8SVCSVKSGDWMW2QHOH83

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 2.5p each in BAE Systems plc

GB0002634946

b)

Nature of the transaction

Award of Free Shares under the BAE Systems Share Incentive Plan

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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

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 Free Shares under the BAE Systems International Share Incentive Plan

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

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

Benjamin Hudson

2

Reason for the notification

a)

Position/status

Chief Technology Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

BAE Systems plc

b)

LEI

8SVCSVKSGDWMW2QHOH83

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 2.5p each in BAE Systems plc

GB0002634946

b)

Nature of the transaction

Award of Free Shares under the BAE Systems International Profit Sharing Scheme

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 64 shares

£00.00

e)

Date of the transaction

2023-03-31

f)

Place of the transaction

Outside of a trading venue (sourced from Treasury shares)