REG - Balfour Beatty PLC - Director/PDMR Shareholding

Balfour BeattyAnnouncement

31/03/2020 10:30

RNS Number : 2010I
  
Balfour Beatty PLC
  
31 March 2020
  
 

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 31 March 2020, the following PDMRs (the "Grantees") received conditional awards over the number of Ordinary Shares of 50p each in the Company ("Ordinary Shares") shown below (the "Awards"), in accordance with the rules of the Deferred Bonus Plan ("DBP").
 



Name of Director / PDMR


Total number of Shares Awarded


Type of Award




Leo Quinn


266,214


Conditional award




Philip Harrison


136,768


Conditional award



 
The Awards will normally vest on the third anniversary of the grant date. No consideration is payable by Grantees on either the grant or vesting of the Awards.
 
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:
 
Ms Alia Fazal, Deputy 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


Conditional award over Ordinary Shares made in accordance with the rules of the DBP




c)


Price(s) and volume(s)


 
 



Price(s)


Volume(s)




£Nil


266,214








d)


Aggregated information
- Aggregated volume
- Price


n/a




e)


Date of the transaction


31 March 2020




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


Conditional award over Ordinary Shares made in accordance with the rules of the DBP




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




£Nil


136,768








d)


Aggregated information
- Aggregated volume
- Price


n/a




e)


Date of the transaction


31 March 2020




f)


Place of the transaction


Outside a trading venue



 
Balfour Beatty plc's Legal Entity Identifier is CT4UIJ3TUKGYYHMENQ17.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
  END
 
 
DSHFIFLAVAILVII