Director/PDMR Shareholding

RNS Number : 4318B

Balfour Beatty PLC

03 April 2017

 

Notification of Transactions of Persons Discharging Managerial Responsibilities or Connected Persons

Balfour Beatty plc (the "Company") was informed on 31 March 2017 by the Trustee of the Balfour Beatty Employee Share Ownership Trust (the "Trust") that, on 31 March 2017, each of the following Persons Discharging Managerial Responsibilities was the subject of an award of Ordinary Shares of 50p each ("Ordinary Shares") in the Company by the Trust, pursuant to the rules of the Company's Deferred Bonus Plan.  The Ordinary Shares were awarded at a price of 266.38p each and will vest after three years in accordance with the rules of the Deferred Bonus Plan.

Directors  (Name: Number of Ordinary Shares awarded)
Mr L M Quinn	85,592
Mr P J Harrison	42,417

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 D R Mercer, General Counsel and Company Secretary, 020 7216 6800

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Leo Martin Quinn
2	Reason for the notification
a)	Position/status	Chief Executive
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 GB0000961622
b)	Nature of the transaction	Conditional award pursuant to the rules of the Company's Deferred Bonus Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £Nil 85,592
d)	Aggregated information - Aggregated volume - Price	Single transaction as in 4 (d) above
e)	Date of the transaction	2017-03-31
f)	Place of the transaction	Outside a trading venue

Contact and telephone number for queries/

Duly authorised officer of issuer responsible for making notification:

Mr D R Mercer, Company Secretary, 020 7216 6800

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Philip James Harrison
2	Reason for the notification
a)	Position/status	Chief Financial 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 GB0000961622
b)	Nature of the transaction	Conditional award pursuant to the rules of the Company's Deferred Bonus Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £Nil 42,417
d)	Aggregated information - Aggregated volume - Price	Single transaction as in 4 (d) above
e)	Date of the transaction	2017-03-31
f)	Place of the transaction	Outside a trading venue

Contact and telephone number for queries/

Duly authorised officer of issuer responsible for making notification:

Mr D R Mercer, Company Secretary, 020 7216 6800

 

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