Preference Share Notice of Intended Cancellation

RNS Number : 5144O

Balfour Beatty PLC

01 June 2020

 

1 June 2020

Notice of Intended Cancellation of Preference Shares

Balfour Beatty has given notice (the "Redemption Notice") to holders of its cumulative convertible redeemable preference shares of 1p each (ISIN: GB 0000978204) (the "Preference Shares") that it intends to redeem the Preference Shares in full at a price of 100p per Preference Share together with accrued interest to the date of repayment on 1 July 2020 (the "Redemption Date"). A copy of the Redemption Notice is available at the Company's website at https://www.balfourbeatty.com/investors/shareholder-centre/preference-shareholders/ . If you are a holder of Preference Shares and have any queries concerning the Redemption Notice, please contact the Company's Registrars, Link Asset Services on 0371 664 0321.

In accordance with Listing Rule 5.2.8 and Rule 4.18 of the London Stock Exchange ("LSE") Admission and Disclosure Standards, the Company hereby gives notice of its intention to request the cancellation of listing of the Preference Shares on the standard segment of the Official List of the Financial Conduct Authority and their admission to trading on the Main Market of the LSE with effect on and from the Redemption Date.

Analyst/investor enquiries:

Angus Barry
Tel. [phone]
[e-mail]  

Media enquiries: 

Antonia Walton

Tel. [phone]
[e-mail]  

Notes to editors:

· Balfour Beatty (balfourbeatty.com) is a leading international infrastructure group. With 26,000 employees, we provide innovative and efficient infrastructure that underpins our daily lives, supports communities and enables economic growth. We finance, develop, build and maintain complex infrastructure such as transportation, power and utility systems, social and commercial buildings.

· Our main geographies are the UK, US and Hong Kong. Over the last 110 years we have created iconic buildings and infrastructure all over the world including the London Olympics' Aquatic Centre, Hong Kong's first Zero Carbon building, the National Museum of the Marine Corps in the US and the Channel Tunnel Rail Link.

 

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