REG - Balfour Beatty PLC - Director/PDMR Shareholding
03/04/2025 15:45
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RNS Number : 5985D Balfour Beatty PLC 03 April 2025
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 Deferred Bonus Plan ("DBP") and
Performance Share Plan ("PSP") (the "Existing Awards") on 31 March 2022 and 1
April 2022 respectively vested on 31 March 2025 and 1 April 2025 respectively.
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 Award 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 DBP 214,571 96,703 117,868
Leo Quinn PSP 674,454 303,961 370,493
Philip Harrison DBP 120,159 56,560 63,599
Philip Harrison PSP 330,480 155,560 174,920
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 214,571
d) Aggregated information n/a
- Aggregated volume
- Price
e) Date of the transaction 31 March 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
31 March 2025
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)
£435.16 96,703
d) Aggregated information n/a
- Aggregated volume
- Price
e) Date of the transaction 1 April 2025
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
1 April 2025
f)
Place of the transaction
London Stock Exchange
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 674,454
d) Aggregated information n/a
- Aggregated volume
- Price
e) Date of the transaction 1 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
1 April 2025
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)
£434.20 303,961
d) Aggregated information n/a
- Aggregated volume
- Price
e) Date of the transaction 2 April 2025
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
2 April 2025
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 120,159
d) Aggregated information n/a
- Aggregated volume
- Price
e) Date of the transaction 31 March 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
31 March 2025
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 and expenses
arising from vesting
c) Price(s) and volume(s)
Price(s) Volume(s)
£435.16 56,560
d) Aggregated information n/a
- Aggregated volume
- Price
e) Date of the transaction 1 April 2025
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
1 April 2025
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 330,480
d) Aggregated information n/a
- Aggregated volume
- Price
e) Date of the transaction 1 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
1 April 2025
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 and expenses
arising from vesting
c) Price(s) and volume(s)
Price(s) Volume(s)
£434.20 155,560
d) Aggregated information n/a
- Aggregated volume
- Price
e) Date of the transaction 2 April 2025
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
2 April 2025
f)
Place of the transaction
London Stock Exchange
Balfour Beatty plc's Legal Entity Identifier is CT4UIJ3TUKGYYHMENQ17.
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