Director/PDMR Shareholding

RNS Number : 4326J

Balfour Beatty PLC

04 December 2018

 

Balfour Beatty plc

Director/PDMR Shareholding

4 December 2018

Balfour Beatty plc (the "Company") announces that it has been notified of the following transactions in the Company's Ordinary shares of 50 pence each undertaken by Directors / Persons Discharging Managerial Responsibility ("PDMR").

1.    Dividend Reinvestment Plan ("DRIP")

On 30 November 2018, the following PDMRs acquired a further interest in the Company's shares as a result of their participation in the Company's Dividend Reinvestment Plan ("DRIP") directly or through a nominee service.

Name of PDMR	Number of shares	Price per share	Date acquired
Leo Quinn	6,483	£2.68	30 November 2018
Stephen Billingham	22	£2.514	30 November 2018

 2.  Balfour Beatty plc Deferred Bonus Plan (the "DBP")

On 30 November 2018, the Trustees of the DBP purchased Ordinary shares of 50 pence each in the Company under the DBP Dividend Reinvestment scheme on behalf of the PDMRs as set out below:  

Name of PDMR	Number of shares	Price per share	Date acquired
Leo Quinn	2,369	£2.674	30 November 2018
Philip Harrison	1,061	£2.674	30 November 2018

3. Balfour Beatty plc Share Incentive (the "SIP")

On 30 November 2018, the Trustees of the SIP purchased Ordinary shares of 50 pence each in the Company under the SIP Dividend Reinvestment scheme on behalf of the PDMRs as set out below:  

Name of PDMR	Number of shares	Price per share	Date acquired
Leo Quinn	19	£2.660	30 November 2018

The Notification of Dealing Form for each PDMR can be found below.  This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014. 

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	Purchase of Ordinary Shares of 50p each GB0000961622
b)	Nature of the transaction	Purchase of Ordinary Shares by way of reinvestment of 2018 interim dividend paid on shares held in own name.
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.68 6,483
d)	Aggregated information - Aggregated volume - Price	Single transaction as in 4 (c) above
e)	Date of the transaction	2018-11-30
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

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	Stephen Robert Billingham
2	Reason for the notification
a)	Position/status	Non-executive Director
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	Purchase of Ordinary Shares of 50p each GB0000961622
b)	Nature of the transaction	Purchase of Ordinary Shares by way of reinvestment of 2018 interim dividend paid on shares held in own name.
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.514 22
d)	Aggregated information - Aggregated volume - Price	Single transaction as in 4 (c) above
e)	Date of the transaction	2018-11-30
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 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 of Ordinary Shares to reflect the accrual of the 2018 Interim dividend had the dividend been reinvested in shares pursuant to the rules of the Company's Deferred Bonus Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £Nil 2,369
d)	Aggregated information - Aggregated volume - Price	Single transaction as in 4 (c) above
e)	Date of the transaction	2018-11-30
f)	Place of the transaction	Outside a trading venue

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 of Ordinary Shares to reflect the accrual of the 2018 Interim dividend had the dividend been reinvested in shares pursuant to the rules of the Company's Deferred Bonus Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £Nil 1,061
d)	Aggregated information - Aggregated volume - Price	Single transaction as in 4 (c) above
e)	Date of the transaction	2018-11-30
f)	Place of the transaction	Outside a trading venue

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	Purchase of Ordinary Shares of 50p each GB0000961622
b)	Nature of the transaction	Purchase of Dividend Shares by way of reinvestment of 2018 Interim dividend paid on Partnership Shares held under the Balfour Beatty Share Incentive Plan 2011.
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.66 19
d)	Aggregated information - Aggregated volume - Price	Single transaction as in 4 (c) above
e)	Date of the transaction	2018-11-30
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

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