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We’re proud to be offering eligible colleagues free shares in our business. A thank you for everything you’ve helped us achieve, and a sign of our confidence in what’s ahead. We want employees to be able to participate in the company’s success buy having a chance to become shareholders.
All Babcock employees who joined the company prior to or on 1 July 2025 will be eligible for an invitation to participate in the free share award, with a few exceptions (such as contingent workers and interns).
To receive the award, you must still be employed on the award date, which is currently expected to be in late August. This timing allows for a legally required 25-day opt-out period, followed by time for our trustee’s administrators to process the awards.
In countries where we have a smaller presence, it may not be possible to offer traditional shares due to local legal, tax, and administrative complexities. However, we believe that every colleague, regardless of location, should have the opportunity to share in the success they help create. In these countries, where possible we will offer phantom awards that mirror the value of company shares but do not involve actual share ownership.
The Free Shares are being awarded free of charge (paid for by the Company).
We're targeting August 2025 to make the award to eligible colleagues. We will write to you to confirm the details before then.
The value at grant of this year’s award will be £300. As we continue to grow and succeed together, similar awards may be offered in future years—based on our company’s performance. If you're eligible, you’ll be able to track the value of your shares over time by logging into our Share Portal. We’ll share your log in details with you in the upcoming communication
No, if you currently have the ability to invest through payroll, you can continue to make your usual contributions as normal.
Yes, full details and deadline will be included in your communication. Please read it carefully when it arrives.
You can opt out if you wish to do so, however there will be no cash/benefit alternative as the purpose of this award is to give you a meaningful stake in Babcock's future success.
You are free to sell your shares at the end of the three-year period, but there might be tax to pay. If you work in the UK, after 5 years it’s all yours, tax-free.
We’d hate to see you go, but if you do leave the company before the end of the three-year holding period then your free shares will lapse, unless you leave in special Circumstances, for example, if you retire or are made redundant. If you leave in Special Circumstances, you will be able to keep all of your Free Shares, even if you have held them for less than three years.
Only colleagues employed and eligible on or before 1 July 2025 are included in this year's award. If you're not eligible now, there may be opportunities to take part in future awards.
Like any investment there are risks associated with holding shares as their value could fall as well as rise and therefore the shares may be worth less when they are withdrawn, than when they were awarded. The better Babcock performs, the more the shares will be worth.