Director/PDMR Shareholding

RNS Number : 4479F

Babcock International Group PLC

24 April 2014

 



BABCOCK INTERNATIONAL GROUP PLC

24 April 2014

Notification of transactions of directors/persons discharging managerial responsibilities ("PDMRs") and their connected persons.

In accordance with DTR 3.1.4R, Babcock International Group PLC (the "Company") announces that it was notified yesterday (in accordance with DTR 3.1.2R) that the following disposals of nil paid rights in respect of the Company's ordinary shares of 60p each took place in London under the terms of the Rights Issue announced by the Company on 27 March 2014.

Name	Position	Number of nil paid rights disposed of	Price at which the nil paid rights were sold	Date of transaction
Kevin Thomas	Director	2,741	£4.10	22 April 2014

The proceeds of the sale of these nil paid rights will be used in full to take up some of the remaining nil paid rights to which the director is entitled ('tail-swallowing') and a further announcement regarding the subscription for those new ordinary shares will be made following the closing of the Rights Issue.

Further Information:

Babcock International Group PLC

[phone]

Albert Dungate, Group Company Secretary and General Counsel

 

END

 

 

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