REG - Babcock Intnl Group - Director/PDMR Shareholding

Tue Jul 17, 2012 9:36am EDT

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RNS Number : 8691H
Babcock International Group PLC
17 July 2012
 



BABCOCK INTERNATIONAL GROUP PLC

17 July 2012

 

NOTIFICATION OF TRANSACTIONS OF PDMRs OR THEIR CONNECTED PERSONS

 

Notification made in accordance with Rule 3.1.4 (1) (a) of the Disclosure and Transparency Rules.

 

A conditional award was made to Peter Rogers on 16 July 2012 under the Babcock International Group PLC Performance Share Plan 2009 ("PSP") in respect of 32,454 ordinary shares of 60p in Babcock International Group PLC at nil consideration.  The award will be exercisable (subject to the rules of the PSP) ordinarily between the 3rd and 4th anniversary of the grant, though this may be subject to extension.

 

The number of shares ultimately vesting under the award is (subject to the rules of the plan) dependent on performance against performance targets over a three-year period (1 April 2012 to 31 March 2015).

 

 

 

Albert Dungate

Babcock International Group PLC


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