Director/PDMR Shareholding

RNS Number : 0871W

Balfour Beatty PLC

15 April 2019

 

Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities ('PDMRs') and Persons Closely Associated With Them

Balfour Beatty plc (the 'Company') announces that on 12 April 2019 the following PDMR received, for nil consideration, the number of Ordinary Shares of 50p each in the Company ('Ordinary Shares')  shown below, following the vesting on 01 April 2019 of a Conditional Award made pursuant to the rules of the Company's Deferred Bonus Plan ('Award') on 01 April 2016. All shares were retained by the participant and any tax liabilities were funded personally by cheque.

Name of Director / PDMR Number of Shares Received Type of Award Number of Shares sold (to cover tax liabilities and expenses) Number of Shares retained Leo Quinn 91,918 Conditional Award 0 91,918

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

Contact and telephone number for queries /

Duly authorised officer of issuer responsible for making notification:

Mr J Lagan, Group General Counsel and Company Secretary, 020 7216 6800

a)	Name	Leo Quinn
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Balfour Beatty plc
b)	LEI	CT4UIJ3TUKGYYHMENQ17
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 50p each in Balfour Beatty plc GB0000961622
b)	Nature of the transaction	Vesting of Conditional Award over Ordinary Shares of 50p each All shares were retained and any tax liabilities funded personally by cheque
c)	Price(s) and volume(s)	Price(s) Volume(s) £Nil 91,918
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	12 April 2019
f)	Place of the transaction	Outside a trading venue

 

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