Babcock Intnl Group BAB Holding(s) in Company

  Babcock Intnl Group (BAB) - Holding(s) in Company

RNS Number : 6406Q
Babcock International Group PLC
08 November 2012




Financial Services Authority



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying
issuer
of existing shares to which voting rights are    Babcock International Group
attached:                                                    PLC


2. Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights                          Yes


An acquisition or disposal of qualifying financial instruments
which may result in the acquisition of shares already issued to
which voting rights are attached.




An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments


An event changing the breakdown of voting rights


Other (please specify):


                                         Legal & General Group Plc (Group)
3. Full name of person(s) subject to
the                                                      
notification obligation:
                                       Legal & General Investment Management
                                                   Limited (LGIM)
                                                         

4. Full name of shareholder(s)            Legal & General Group Plc (L&G)
(if different from 3.):
                                                         

                                                         


5. Date of the transaction and date
on                                                06 November 2012
which the threshold is crossed or
reached:


6. Date on which issuer notified:                 07 November 2012
7. Threshold(s) that is/are crossed               Group (Above 5%)
or
reached:                                                 

                                                 LGIM (Above 5%)



8. Notified details:


A: Voting rights attached to shares
Class/type    Situation previous          Resulting situation after the triggering
of             to the triggering                         transaction
shares            transaction

if            Number       Number                   Number of voting     % of voting
possible        of           of                           rights             rights
using         Shares       Voting       Number
the ISIN                   Rights      of shares
CODE                                                 Direct    Indirect  Direct Indirect
                   Below 5%                                     
Ordinary                                                       3,036,329
60p                                  17,981,555  14,945,256           4.15%   0.84%
                                                                   
              (As of 06/11/2012)
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
                                                       Number of voting   
                                                          rights that may be
Type of financial Expiration     Exercise/                acquired if the    % of voting
instrument        date           Conversion Period        instrument is      rights
                                                          exercised/
                                                          converted.
                                                                  

       CFD                                                      57,000          0.01%

                                                                  
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments
Resulting situation after the triggering transaction
                                                                

Type       of Exercise price Expiration Exercise/  Number of  voting % of voting rights
financial                    date       Conversion rights instrument
instrument                              period     refers to         

                                                  
                                                                     Nominal    Delta

                                                   
Total (A+B+C)
Number of voting rights                            Percentage of voting rights
                   18,038,585                                     5.00%



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:


Legal & General Group Plc (Direct and Indirect) (Group) (
18,038,585 -5.00% = Total Position)
Legal & General Investment Management (Holdings) Limited (LGIMH)
(Direct and Indirect) ( 18,038,585 -5.00% = Total Position)
Legal & General Investment Management Limited (Indirect) (LGIM)
( 18,038,585 -5.00% = Total Position)
 Legal & General Group Plc (Direct) (L&G) ( 14,945,256 -4.15% = LGAS, LGPL &
                                     PMC)
Legal & General Investment Management     Legal & General Insurance Holdings
(Holdings) Limited (Direct) (LGIMHD)      Limited (Direct) (LGIH)
(PMC)
Legal & General Assurance (Pensions       Legal & General Assurance Society
Management) Limited (PMC) (PMC)         Limited (LGAS & LGPL) 
                                          Legal & General Pensions Limited
                                          (Direct) (LGPL)
Proxy Voting:
10. Name of the proxy holder:                                     N/A
11. Number of voting rights proxy holder will cease               N/A
to hold:
12. Date on which proxy holder will cease to hold                 N/A
voting rights:
13. Additional information:       Notification using the total voting rights
                                            figure of 360,270,941



Eunice Payne

Company Secretarial Department

Babcock International Group PLC

                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


HOLBPBPTMBJMMLT -0- Nov/08/2012 08:43 GMT
 
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