REG - Balfour Beatty PLC - Director/PDMR Shareholding

Balfour BeattyAnnouncement

15/04/2019 09:03

RNS Number : 0871W
Balfour Beatty PLC
15 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 12 April 2019 the following PDMR received, for nil consideration, the number of Ordinary Shares of 50p each in the Company ('Ordinary Shares')  shown below, following the vesting on 01 April 2019 of a Conditional Award made pursuant to the rules of the Company's Deferred Bonus Plan ('Award') on 01 April 2016. All shares were retained by the participant and any tax liabilities were funded personally by cheque.



 



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


91,918


Conditional Award


0


91,918








 


 




 


 



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
 



 


 




a)


Name


Leo Quinn




2


Reason for the notification




a)


Position/status


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 in Balfour Beatty plc
 
GB0000961622




b)


Nature of the transaction


Vesting of Conditional Award over Ordinary Shares of 50p each
All shares were retained and any tax liabilities funded personally by cheque




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




£Nil


91,918








d)


Aggregated information
- Aggregated volume
- Price


n/a




e)


Date of the transaction


12 April 2019




f)


Place of the transaction


Outside a trading venue



 




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