NOTIFICATION OF TRANSACTIONS OF DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
1. Name of the issuer
Balfour Beatty plc
2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2R; (ii) a disclosure made in accordance LR 9.8.6R(1); or (iii) a disclosure made in accordance with section 793 of the Companies Act 2006
(i)
3. Name of person discharging managerial responsibilities/director
Mr I K Rylatt
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3. and identify the connected person
Relates to person named in 3. above
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
Relates to person named in 3. above
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary shares of 50p each
7. Name of registered shareholder(s) and, if more than one, the number of shares held by each of them
Mr I K Rylatt
8. State the nature of the transaction
Exercise of Savings-Related Share Options originally granted on 18 May 2009, following maturity of the Savings Contract to which the Options relate.
9. Number of shares, debentures or financial instruments relating to shares acquired
249 50p Ordinary Shares
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
Not applicable
11. Number of shares, debentures or financial instruments relating to shares disposed
Nil
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
Not applicable
13. Price per share or value of transaction
The option exercise price was 249.0p per 50p Ordinary Share
14. Date and place of transaction
2 July 2012, London
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
45,654 50p Ordinary Shares; 0.007%
16. Date issuer informed of transaction
2 July 2012
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant
N/A
18. Period during which or date on which it can be exercised
N/A
19. Total amount paid (if any) for grant of the option
N/A
20. Description of shares or debentures involved (class and number)
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
N/A
22. Total number of shares or debentures over which options held following notification
N/A
23. Any additional information
N/A
24. Name of contact and telephone number for queries
Colin Pryce, Assistant Secretary, 020 7216 6800
Name of duly authorised officer of issuer responsible for making notification
Colin Pryce, Assistant Secretary, 020 7216 6800
Date of notification
2 July 2012