Balfour Beatty PLC — Director's Dealing 2014

Apr 1, 2014

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RNS Number : 7978D

Balfour Beatty PLC

01 April 2014

Notification of Transactions of Persons Discharging Managerial Responsibilities or Connected Persons

Balfour Beatty plc (the "Company") was informed on 1 April 2014 by the Trustee of the Balfour Beatty Employee Share Ownership Trust (the "Trust") that each of the following Persons Discharging Managerial Responsibilities ("PDMRs") acquired, for nil consideration, on 31 March 2014 the number of Ordinary Shares of 50p each ("Ordinary Shares") in the Company shown below against his name following the release on 31 March 2014 of awards made in 2011 under the Company's Deferred Bonus Plan:

Directors (Name: Number of Ordinary Shares released)

Mr D J Magrath:            24,172

Mr A J McNaughton:      25,742

Mr P J L Zinkin:             26,180

Other PDMRs (Name: Number of Ordinary Shares released)

Mr K D Craven:              13,159

Mr J C Moore:                13,051

Mr P A Raby:                15,380

Mr I K Rylatt:                 23,897

Mr C D Vaughan:           17,265

Each of the following PDMRs subsequently sold the number of Ordinary Shares shown below against his name at a price of 301.9p per Ordinary Share on 31 March 2014 including to meet income tax and National Insurance obligations:

Directors (Name: Number of Ordinary Shares sold)

Mr D J Magrath:             11,361

Mr A J McNaughton:      18,920

Mr P J L Zinkin:             25,000

Other PDMRs (Name: Number of Ordinary Shares sold)

Mr K D Craven:                6,185

Mr J C Moore:                  6,134

Mr P A Raby:                15,380

Mr I K Rylatt:                 17,564

Mr C D Vaughan:             8,115

As a consequence of the above-mentioned transactions the total number of Ordinary Shares held by each of the Directors and other PDMRs and any connected persons within the meaning of Section 252 of the Companies Act 2006, is as follows:

Directors (Name: Number of Ordinary Shares; percentage of issued Ordinary Share capital)

Mr D J Magrath:             143,693;            0.021%

Mr A J McNaughton:      134,620;            0.020%

Mr P J L Zinkin:             314,528;            0.046%

Other PDMRs (Name: Number of Ordinary Shares; percentage of issued Ordinary Share capital)

Mr K D Craven:              47,479;             0.007%

Mr J C Moore:                67,046;             0.010%

Mr P A Raby:                63,766;             0.009%

Mr I K Rylatt:                 62,043;             0.009%

Mr C D Vaughan:           48,216;             0.007%

On 1 April 2014, the Trust informed the Company that, on 31 March 2014, each of the following PDMRs was the subject of an award of Ordinary Shares by the Trust, pursuant to the rules of the Company's Deferred Bonus Plan.  The Ordinary Shares were awarded at a price of 301.9p each.

Directors (Name: Number of Ordinary Shares awarded)

Mr D J Magrath:             35,475

Mr A J McNaughton:      50,334

Mr P J L Zinkin:             36,977

Other PDMRs (Name: Number of Ordinary Shares awarded)

Mr K D Craven:              27,122

Mr J C Moore:                18,653

Mr P A Raby:                  6,167

Mr I K Rylatt:                 41,657

Mr C D Vaughan:           13,939

Each of these transactions took place in Jersey, Channel Islands.

On 1 April 2014, the Trustee of the Company's long-term incentive plan, the Balfour Beatty Performance Share Plan 2011 (the "PSP") informed the Company that on 31 March 2014 each of the following PDMRs received a conditional award to acquire Ordinary Shares in the Company under the rules of the PSP.

Directors (Name: Number of Ordinary Shares)

Mr D J Magrath:             211,162

Mr A J McNaughton:      376,780

Mr P J L Zinkin:             220,105

Other PDMRs (Name: Number of Ordinary Shares)

Mr K D Craven:              138,290

Mr J C Moore:                132,080

Mr C N Pollard:              155,266

Mr P A Raby:                113,034

Mr I K Rylatt:                 144,915

Mr C D Vaughan:           165,948

Each of the transactions concerned took place in Jersey, Channel Islands at an Ordinary Share price of 301.9p each.

On 31 March 2014, the Trustee of the PSP also informed the Company that in relation to Messrs Magrath, McNaughton, Zinkin, Craven, Moore, Raby, Rylatt, and Vaughan, there had been no vesting of the conditional awards to acquire Ordinary Shares made on 1 June 2011 under the rules of the PSP and these had therefore lapsed.

Contact and telephone number for queries/

Duly authorised officer of issuer responsible for making notification:

Mr M D Peters, Head of Secretariat, 020 7216 6800

This information is provided by RNS

The company news service from the London Stock Exchange

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