Director/PDMR Shareholding

RNS Number : 3628H

Babcock International Group PLC

16 May 2014

Babcock International Group PLC ("the Company")

Notification of transactions of directors/persons discharging managerial responsibilities and their connected persons

In accordance with DTR 3.1.4R, the Company announces that it was today notified (in accordance with DTR 3.1.2R) that, following the Company's 5 for 13 rights issue at 790 pence per new ordinary share ("Share"), adjustments had been made to options granted under the Company's share plans to take account of the Rights Issue on the basis described below. In accordance with the rules of certain of the Company's share plans, the Company's auditors have confirmed that the adjustments are fair and reasonable and HM Revenue & Customs have approved the adjustments to options outstanding under those of the Company's share plans that have been approved by them.

The adjustments increase the number of Shares subject to options by a factor of 1.13417 and, where applicable, reduce the exercise price per Share by a factor of 0.88170. The adjustments to the options held by Directors and PDMRs of the Company under each plan are set out below.

1. The Company made adjustments to options over Shares granted under the Babcock Performance Share Plan 2009, for the following Directors and PDMRs:

Name	Number of Shares under Option before adjustment	Number of Shares under Option following adjustment
Peter Rogers
PSP 2011	157,971	179,165
PSP 2012	32,454	36,808
PSP 2012	95,975	108,851
PSP 2013	104,059	118,020
William Tame
PSP 2011	71,782	81,412
PSP 2011	3,217	3,648
PSP 2012	60,755	68,906
PSP 2013	49,404	56,032
Archibald Bethel
PSP 2011	65,217	73,967
PSP 2012	52,831	59,919
PSP 2013	42,960	48,723
Kevin Thomas
PSP 2011	65,217	73,967
PSP 2012	50,881	57,707
PSP 2012	1,949	2,210
PSP 2013	42, 960	48,723
John Davies
PSP 2010	35,002	39,698
PSP 2010	4,840	5,489
PSP 2011	48,913	55,475
PSP 2012	42,743	48,477
PSP 2013	41,047	46,554

2. The Company made adjustments to options over Shares granted under the Babcock Company Share Option Plan 2009, part of which is an HM Revenue & Customs approved share plan, for the following Directors and PDMRs:

Name	Number of Shares under Option before adjustment	Number of Shares under Option following adjustment	Exercise price following adjustment (pence)
William Tame	3,217	3,648	608.37
Kevin Thomas	1,949	2,210	773.54
John Davies	4,840	5,489	546.50

3. The Company made adjustments to options over Shares granted under the Babcock Deferred Bonus Matching Plan 2012 for the following Directors and PDMRs:

Name	Number of Shares under Option before adjustment	Number of Shares under Option following adjustment
Peter Rogers
DBMP 2012 (basic award)	37,433	42,455
DBMP 2012 (basic matching award)	74,866	84,910
DBMP 2012 (voluntary award)	25,963	29,446
DBMP 2012 (voluntary matching award)	51,926	58,892
DBMP 2013 (basic award)	28,353	32,157
DBMP 2013 (basic matching award)	56,707	64,315
DBMP 2013 (voluntary award)	19,093	21,654
DBMP 2013 (voluntary matching award)	38,187	43,310
William Tame
DBMP 2012 (basic award)	23,696	26,875
DBMP 2012 (basic matching award)	47,392	53,750
DBMP 2013 (basic award)	17,948	20,356
DBMP 2013 (basic matching award)	35,897	40,713
DBMP 2013 (voluntary award)	6,802	7,714
DBMP 2013 (voluntary matching award)	13,605	15,430
Archibald Bethel
DBMP 2012 (basic award)	17,344	19,671
DBMP 2012 (basic matching award)	34,688	39,342
DBMP 2012 (voluntary award)	14,292	16,209
DBMP 2012 (voluntary matching award)	28,584	32,419
DBMP 2013 (basic award)	13,006	14,751
DBMP 2013 (basic matching award)	26,012	29,502
DBMP 2013 (voluntary award)	10,510	11,920
DBMP 2013 (voluntary matching award)	21,020	23,840
Kevin Thomas
DBMP 2012 (basic award)	17,344	19,671
DBMP 2012 (basic matching award)	34,688	39,342
DBMP 2012 (voluntary award)	14,292	16,209
DBMP 2012 (voluntary matching award)	28,584	32,419
DBMP 2013 (basic award)	13,006	14,751
DBMP 2013 (basic matching award)	26,012	29,502
DBMP 2013 (voluntary award)	10,510	11,920
DBMP 2013 (voluntary matching award)	21,020	23,840
John Davies
DBMP 2012 (basic award)	13,008	14,753
DBMP 2012 (basic matching award)	26,016	29,506
DBMP 2013 (basic award)	12,753	14,464
DBMP 2013 (basic matching award)	25,507	28,929
DBMP 2013 (voluntary award)	10,306	11,688
DBMP 2013 (voluntary matching award)	20,612	23,377