Director/PDMR Shareholding

RNS Number : 1830Q

Balfour Beatty PLC

15 June 2015

 



15 June 2015

Balfour Beatty plc ("the Company")

Notification of Transactions of Persons Discharging Managerial Responsibilities or Connected Persons in ordinary shares of 50p each

The Company announces that on 11 June 2015 it granted to Phil Harrison, the new chief financial officer of the Company, rights to acquire a maximum of 92,493 shares in the Company for free on vesting.

The rights were granted to compensate Mr Harrison for awards lost on leaving his previous employer and will normally vest on the dates set out below (subject to Mr Harrison not resigning before vesting):

Number of shares	Expected vesting date
1         30,831	31 December  2016
2         61,662	31 December  2017

The Awards are subject to performance conditions linked to the share price performance of the Company and dividends paid.

The transaction took place in London.

This announcement is made following notifications under Disclosure Rule 3.1.2.

Contact: Mr C Healy, Head of Secretariat 020 7216 6800

 

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