REG - Balfour Beatty PLC - Director/PDMR Shareholding

Balfour BeattyAnnouncement

04/04/2019 16:20

RNS Number : 1997V
Balfour Beatty PLC
04 April 2019
 


Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMRs") or Connected Persons
 
Balfour Beatty plc (the "Company") announces that on 03 April 2019 the following PDMR received, for nil consideration, the number of Ordinary Shares of 50p each ("Ordinary Shares") in the Company shown below, following the vesting of a Conditional Award made pursuant to the rules of the Company's Deferred Bonus Plan ("Award") on 01 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




Philip Harrison


26,807


Conditional Award


12,619


14,188








 


 




 


 



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


Philip 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


Vesting of Conditional Award over Ordinary Shares of 50p each 




c)


Price(s) and volume(s)


 
 



Price(s)


Volume(s)




£Nil


26,807








d)


Aggregated information
- Aggregated volume
- Price


n/a




e)


Date of the transaction


01 April 2019




f)


Place of the transaction


Outside a trading venue



 



 


 




a)


Name


Philip 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


Sale of sufficient shares to cover tax liability and fees




c)


Price(s) and volume(s)


 
 



Price(s)


Volume(s)




£2.6180


12,619








d)


Aggregated information
- Aggregated volume
- Price


n/a -  single transaction as set out at 4 c)




e)


Date of the transaction


03 April 2019




f)


Place of the transaction


London Stock Exchange, London



 




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