REG - Balfour Beatty PLC - Director/PDMR Shareholding

Balfour BeattyAnnouncement

21/03/2024 12:15

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RNS Number : 8157H  Balfour Beatty PLC  21 March 2024

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 the conditional awards made
pursuant to the rules of the Company's Performance Share Plan (the "Existing
Awards") on 19 March 2021 vested on 19 March 2024. Further to the Existing
Awards, dividend equivalents have been awarded over the lifetime of the
Existing Awards in the form of further conditional awards over Ordinary Shares
(the "Further Awards"). The total vesting amounts set out below consist of the
Existing Awards and the Further Awards.

Name of Director / PDMR  Number of Shares Received (total of Existing Awards and Further Awards)  Number of Shares sold (to cover tax liabilities and expenses)  Number of Shares retained
 Leo Quinn                586,262                                                                  275,958                                                        310,304
 Philip Harrison          278,931                                                                  131,295                                                        147,636

 

 

The relevant notifications set out below are provided in accordance with the
requirements of Article 19 of the UK Market Abuse Regulation.

 

Contact and telephone number for queries / Duly authorised officer of issuer
responsible for making notification:

 

Tracey Wood, Group General Counsel and Company Secretary, 020 7216 6800

 

 a)  Name                                                         Leo Quinn
 2   Reason for the notification
 a)  Position/status                                              Director / PDMR - Group Chief Executive
 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  Ordinary Shares of 50p each

     Identification code

                                                                  GB0000961622
 b)  Nature of the transaction                                    Vesting of conditional award over Ordinary Shares
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  £Nil      586,262
 d)  Aggregated information                                       n/a

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      19 March 2024
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

19 March 2024

f)

Place of the transaction

Outside a trading venue

 

 a)  Name                                                         Leo Quinn
 2   Reason for the notification
 a)  Position/status                                              Director / PDMR - Group Chief Executive
 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  Ordinary Shares of 50p each

     Identification code

                                                                  GB0000961622
 b)  Nature of the transaction                                    Sale of sufficient Ordinary Shares to cover tax liabilities and expenses
                                                                  arising from vesting
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  £3.722    275,958
 d)  Aggregated information                                       n/a

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      20 March 2024
 f)  Place of the transaction                                     London Stock Exchange

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

20 March 2024

f)

Place of the transaction

London Stock Exchange

 

 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  Ordinary Shares of 50p each

     Identification code

                                                                  GB0000961622
 b)  Nature of the transaction                                    Vesting of conditional award over Ordinary Shares
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  £Nil      278,931
 d)  Aggregated information                                       n/a

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      19 March 2024
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

19 March 2024

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  Ordinary Shares of 50p each

     Identification code

                                                                  GB0000961622
 b)  Nature of the transaction                                    Sale of sufficient Ordinary Shares to cover tax liabilities arising from
                                                                  vesting
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  £3.722    131,295
 d)  Aggregated information                                       n/a

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      20 March 2024
 f)  Place of the transaction                                     London Stock Exchange

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

20 March 2024

f)

Place of the transaction

London Stock Exchange

 

Balfour Beatty plc's Legal Entity Identifier is CT4UIJ3TUKGYYHMENQ17.

 

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