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DIRECTOR DEALINGS: Babcock Executives Acquire Shares

7th May 2014 10:51

LONDON (Alliance News) - Babcock International Group PLC Wednesday said a group of executives, including Chief Executive Peter Rogers and Finance Director William Tame, acquired shares pursuant to the company's 5 for 13 rights issue at 790 pence per new share March 27.

Details are as follows.

Name

 Shares
Registered

Number of
NPRs sold (for tail swallowing)1

Ordinary shares acquired pursuant to rights issue

Total holding following rights issue

Total
percentage
 of issued
share capital

 

 

 

 

 

 

Peter Rogers

Peter Rogers

 

342,168

1,231,807

0.246

Director

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

William Tame

Nominee

 

1,154

 

 

Director

Mrs Kathryn Alison Tame

89,8012

47,064

 

 

 

Mrs Kathryn Alison Tame

 

25,500

 

 

 

Capita IRG Trustees Ltd

 

1,567

 

 

 

 

 

 

 

 

 

 

 

75,285

526,929

0.105

 

 

 

 

 

 

 

 

 

 

 

 

Archie Bethel

Nominee (DB)

4,823

22,060

 

 

Director

Nominee (AB)

1,777

19,893

 

 

 

Capita IRG Trustees Ltd

 2253

115

 

 

 

Joint Account

 

25,798

 

 

 

 

 

67,866

262,063

0.052

 

 

 

 

 

 

 

 

 

 

 

 

Kevin Thomas

Nominee (KT)

2,741

10,004

 

 

Director

Nominee

 

51,735

 

 

 

Nominee

 

192

 

 

 

 

 

61,931

230,081

0.046

 

 

 

 

 

 

 

 

 

 

 

 

John Davies

John Davies

 

7,293

26,255

0.005

Director

 

 

 

 

 

 

 

 

 

 

 

Mike Turner

Mike Turner

 

15,384

55,384

0.011

Director

 

 

 

 

 

 

 

 

 

 

 

Justin Crookenden

Nominee

 

2,677

 

 

Director

Nominee

 

1,802

 

 

 

 

 

4,479

16,126

0.003

Kate Swann

Nominee

 

      1,923

                         6,923

0.001

Director

 

 

 

 

 

 1 Certain directors or their connected persons sold a proportion of their nil paid rights in order to finance the purchase of the remainder of their rights (tail swallowing).

2 This figure replaces the figure of 89,925 which was incorrectly notified on 2 May 2014.

3 225 nil paid rights were sold at a price of £4.0488 on 1 May 2014 in order to finance the purchase of some of the remainder of the rights of Archie Bethel (or his connected persons).


Shares in the construction company were up 0.1% at 1,216.00 pence Wednesday morning.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2014 Alliance News Limited. All Rights Reserved.


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