Balfour Beatty PLC — Major Shareholding Notification 2016

Aug 26, 2016

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RNS Number : 2973I

Balfour Beatty PLC

26 August 2016

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			Balfour Beatty plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				x
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):	Type 1 disclosure as per the Transparency Directive II Regulation			x
3. Full name of person(s) subject to the notification obligation: iii		Schroders plc
4. Full name of shareholder(s) (if different from 3.):iv		Schroder Investment Management Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v		25.08.16
6. Date on which issuer notified:		26.08.16
7. Threshold(s) that is/are crossed or reached: vi, vii		Above 5%

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction							Resulting situation after the triggering transaction
Number of Shares				Number of Voting Rights			Number of shares			Number of voting rights			% of  voting rights x
Direct			Direct xi	Indirect xii		Direct	Indirect
Ordinary GB0000961622	32,558,524				32,558,524			34,721,314			N/A	34,711,704		N/A	5.033%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date xiii			Exercise/ Conversion Period xiv				Number of voting rights that may be acquired if the instrument is exercised/ converted.				% of voting rights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument		Exercise price		Expiration date xvii			Exercise/ Conversion period xviii		Number of voting rights instrument refers to				% of voting rights xix, xx
													Nominal		Delta
Total (A+B+C)
Number of voting rights									Percentage of voting rights
34,711,704									5.033%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Schroder Investment Management Limited                       34,711,704                5.033%
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:	This disclosure has been made based on the legal entity postion crossing the 5% threshold. Schroders plc's position remains as per the last disclosure made 05.07.16. The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements. This disclosure has been calculated based on issue share capital amount 689,739,619.
14. Contact name:	Chloe Talbot
15. Contact telephone number:	020 7658 6000

This information is provided by RNS

The company news service from the London Stock Exchange

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