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DIRECTOR DEALINGS: Babcock International Chairman Turner Buys Shares

31st Jul 2015 09:58

LONDON (Alliance News) - Support services company Babcock International Group PLC on Friday said Chairman Mike Turner bought 10,000 shares in the company for 980 pence per share on Friday.

Following the purchase, Turner will have 65,384 shares in the company, representing a 0.013% stake.

The news comes after Babcock closed as the worst performer in the FTSE 100 on Thursday, falling 5.2%, after the company said it was taking an oil and gas-related hit in its Mission Critical Services arm, though it added it was trading in line with its expectations.

Shares in Babcock were down 0.2% to 983.50 pence on Friday.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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