1 Dec 2015 13:38
01 December 2015
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 30 November 2015 of the following transactions:
Exercises of Share Awards and Sales of Shares so Acquired
On 30 November 2015 the below mentioned directors of Babcock 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 |
Peter Rogers | 229,755 | 0.45% | 103,659 | 0.20% | £10.7888 |
William Tame | 74,390 | 0.015% | 35,061 | 0.007% | £10.71 |
Kevin Thomas | 99,316 | 0.02% | 46,805 | 0.009% | £10.7888 |
John Davies | 40,836 | 0.008% | 19,251 | 0.004% | £10.7888 |
*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 | Registered Holder | Before Transactions | After Transactions | % Total Voting Rights post Transaction |
Peter Rogers | Nominee for Peter Rogers | 1,124,733 | 1,250,829 | |
Total | 1,124,733 | 1,250,829 | 0.248% | |
William Tame | Mr W Tame | 1,567 | 1,567 | |
Mrs K Tame | 459,722 | 499,051 | ||
Nominee for Mr Tame | 4,154 | 4,154 | ||
Capita IRG Trustees | 4,075 | 4,075 | ||
Total | 469,518 | 508,847 | 0.1% | |
Kevin Thomas | Nominee for Mr K Thomas | 68,179 | 120,690 | |
Nominee for Mrs S Thomas | 172,246 | 172,246 | ||
Total | 240,425 | 292,936 | 0.058% | |
John Davies | Mr J Davies | 96,786 | 118,371 | |
Total | 96,786 | 118,371 | 0.023% |
Albert Dungate
Group Company Secretary and General Counsel
01 December 2015
Babcock (BAB)