Balfour Beatty PLC — Director's Dealing 2019

Apr 18, 2019

National Storage Mechanism | Additional information

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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

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