22 Jun 2016 09:15
22 June 2016
Babcock International Group PLC
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
The following announcement is made pursuant to Rule 3.1.2 R. of the Disclosure and Transparency Rules.
The Company was notified on 21 June 2016 of the following transactions:
Exercises of Share Awards and Sales of Shares so Acquired
On 21 June 2016 the below mentioned directors entered into the following transactions in respect of share awards held by them:
Name of Director | Shares Acquired on Exercise of Share Awards | Percentage of issued share class acquired | Shares Sold * | Percentage of issued share class sold | Sale Price per Share Sold |
Archie Bethel | 75,675 | 0.15% | 35,667 | 0.007% | £9.971 |
Franco Martinelli | 44,934 | 0.009% | 21,183 | 0.004% | £9.971 |
*sufficient to cover tax & dealing costs
Following these transactions the beneficial ownership of the executive directors or their said connected persons is as follows:
Name of Director | Name of Registered Holder | Before Transactions | After Transactions | % Total Voting Rights post Transaction |
Archie Bethel | HL Nominee (Mrs D Bethel) | 128,297 | 128,297 | |
HL Nominee (Mr A Bethel) | 76,236 | 76,236 | ||
Capita IRG Trustees Ltd (Mr A Bethel) | 1,000 | 1,000 | ||
TCAM Nominees (A & D Bethel) | 92,874 | 132,882 | ||
Total | 298,407 | 338,415 | 0.067% | |
Franco Martinelli | Mr F Martinelli | 1,074 | 1,074 | |
Mrs T Martinelli | 259,157 | 282,908 | ||
Capita IRG Trustees Ltd (Mr F Martinelli) | 2,883 | 2,883 | ||
263,114 | 286,865 | 0.057% |
Jack Borrett
Group Company Secretary and General Counsel
22 June 2016
Babcock (BAB)