Director/PDMR Shareholding

RNS Number : 5346D
Balfour Beatty PLC
03 December 2009
 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS



1.    Name of the issuer

Balfour Beatty plc

 

2.    State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2R; (ii) a disclosure made in accordance LR 9.8.6R(1); or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006)

(i)


3.    Name of person discharging managerial responsibilities/director

Mr A L P Rabin

 

4.    State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3. and identify the connected person

Relates to person named in 3. above 

 

5.    Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

Relates to person named in 3. above 

 

6.    Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary shares of 50p each

 

7.    Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

Mr A L P Rabin



8.    State the nature of the transaction

Exercise of savings-related share options originally granted on 5 May 2004.


9.    Number of shares, debentures or financial instruments relating to shares acquired

1,036 50p Ordinary Shares

 

10.    Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.0002%


11.    Number of shares, debentures or financial instruments relating to shares disposed

Nil

 

12.    Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

Not applicable


13.    Price per share or value of transaction

The option exercise price was 182.8p per 50p Ordinary Share


14.    Date and place of transaction

December 2009, London

 

15.    Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

257,468 50p Ordinary Shares0.0376%


16.    Date issuer informed of transaction

December 2009

 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes


17.    Date of grant

N/A

18.    Period during which or date on which it can be exercised

N/A

19.    Total amount paid (if any) for grant of the option

N/A

20.    Description of shares or debentures involved (class and number)

N/A

21.    Exercise price (if fixed at time of grant) or indication that price is to be fixed at the  time of exercise

N/A

22.    Total number of shares or debentures over which options held following notification

N/A

23.    Any additional information

N/A

24.    Name of contact and telephone number for queries

Colin Pryce, Assistant Secretary, 020 7216 6841 


Name of duly authorised officer of issuer responsible for making notification

Colin Pryce, Assistant Secretary, 020 7216 6841 


Date of notification

3 December 2009


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