REG - Balfour Beatty PLC - Director/PDMR Shareholding

Balfour BeattyAnnouncement

18/04/2019 15:00

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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