Director/PDMR Shareholding

RNS Number : 9717U

Balfour Beatty PLC

09 April 2021

 

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 06 April 2021, the following PDMRs received, for nil consideration, the number of Ordinary Shares of 50p each in the Company ("Ordinary Shares") shown below, following the vesting of conditional awards made pursuant to the rules of the Company's Deferred Bonus Plan on 03 April 2018 (the "ExistingAwards"). Further to the Existing Awards, dividend equivalents have been awarded over the lifetime of the Existing Awards in the form of further conditional awards over Ordinary Shares (the "Further Awards"). The total vesting amounts consist of the Existing Awards and the Further Awards.

Name of Director / PDMR Number of Shares Received Number of Shares sold (to cover tax liabilities and expenses) Number of Shares retained Leo Quinn 223,779 105,335 118,444 Philip Harrison 110,736 52,125 58,611

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:

Tracey Wood, Group General Counsel and Company Secretary, 020 7216 6800

a)	Name	Leo Quinn
2	Reason for the notification
a)	Position/status	Director / PDMR - 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 GB0000961622
b)	Nature of the transaction	Vesting of conditional award over Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £Nil 223,779
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	06 April 2021
f)	Place of the transaction	Outside a trading venue

a)	Name	Leo Quinn
2	Reason for the notification
a)	Position/status	Director / PDMR - 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 GB0000961622
b)	Nature of the transaction	Sale of sufficient Ordinary Shares to cover tax liabilities arising from vesting
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.019063 105,335
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	06 April 2021
f)	Place of the transaction	London Stock Exchange (XLON)

a)	Name	Philip Harrison
2	Reason for the notification
a)	Position/status	Director / PDMR - 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	Vesting of conditional award over Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £Nil 110,736
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	06 April 2021
f)	Place of the transaction	Outside a trading venue

a)	Name	Philip Harrison
2	Reason for the notification
a)	Position/status	Director / PDMR - 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	Sale of sufficient Ordinary Shares to cover tax liabilities arising from vesting
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.019063 52,125
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	06 April 2021
f)	Place of the transaction	London Stock Exchange (XLON)

Balfour Beatty plc's Legal Entity Identifier is CT4UIJ3TUKGYYHMENQ17.

 

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