Director/PDMR Shareholding

RNS Number : 6715W

Balfour Beatty PLC

18 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 18 April 2019 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 on 15 April 2019 of a Conditional Award made pursuant to the rules of the Company's Performance Share Plan ('Award') on 13 April 2016.

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 448,720 Conditional Award 211,216 237,504 Philip Harrison 168,268 Conditional Award 79,205 89,063

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

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

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 of 50p each
c)	Price(s) and volume(s)	Price(s) Volume(s) £Nil 448,720
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	15 April 2019
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 shares to cover tax liability and fees
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.6702 211,216
d)	Aggregated information - Aggregated volume - Price	n/a -  single transaction as set out at 4 c)
e)	Date of the transaction	18 April 2019
f)	Place of the transaction	London Stock Exchange, London

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 of 50p each
c)	Price(s) and volume(s)	Price(s) Volume(s) £Nil 168,268
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	15 April 2019
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 shares to cover tax liability and fees
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.6702 79,205
d)	Aggregated information - Aggregated volume - Price	n/a -  single transaction as set out at 4 c)
e)	Date of the transaction	18 April 2019
f)	Place of the transaction	London Stock Exchange, London

 

END

 

 

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