t
Neal Misell, Chief Executive - Mission Systems at Babcock International Group PLC, exercised nil cost share awards on 01 August 2023, acquiring 30,470 ordinary shares. From these, 22,241 shares were sold at GBP 3.7022 per share to cover tax, NIC, and dealing costs plus 50% of the retained balance, with the remaining 8,049 shares being retained.
| Date | 3 Aug 2023 |
| Time | 10:19:58 |
| Category | Director/PDMR dealings |
| ID | 2248I |
ANNEX
Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||||||||||
|
a)
|
Name
|
Neal Misell |
||||||||||||
|
2
|
Reason for the notification
|
|||||||||||||
|
a)
|
Position/status
|
Chief Executive - Mission Systems |
||||||||||||
|
b)
|
Initial notification /Amendment
|
Initial notification |
||||||||||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||||||||||
|
a)
|
Name
|
Babcock International Group PLC |
||||||||||||
|
b)
|
LEI
|
213800TSKOLX4EU6L377
|
||||||||||||
|
4
|
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
|||||||||||||
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 60p
GB0009697037
|
||||||||||||
|
b)
|
Nature of the transaction
|
Exercise of nil cost share awards and sale of shares to satisfy tax and NIC liabilities and dealing costs plus 50% of retained balance and retention of the balance of shares. |
||||||||||||
|
c)
|
Price(s) and volume(s)
|
|
||||||||||||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Exercise Volume: 30,470 Price GBP: Nil
Shares sold to satisfy tax/NIC and dealing costs plus 50% of retained balance Volume: 22,241 Price GBP: 82,340.63
|
||||||||||||
|
e)
|
Date of the transaction
|
01 August 2023 |
||||||||||||
|
f)
|
Place of the transaction
|
London |
||||||||||||