REG - Balfour Beatty PLC - Director/PDMR Shareholding

Balfour BeattyAnnouncement

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RNS Number : 6521Y  Balfour Beatty PLC  09 September 2025

PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES ("PDMRS") AND PERSONS CLOSELY ASSOCIATED WITH THEM

Balfour Beatty plc (the "Company") announces that, on 8 September 2025, Philip
Hoare received conditional awards over Ordinary Shares of 50p each in the
Company ("Ordinary Shares") as shown below (the "Buy-Out Awards"), in
accordance with the rules of the Performance Share Plan ("PSP").

 

Each Buy-Out Award is granted to partially compensate for remuneration
forfeited by Mr Hoare on leaving his former employer, as referred to in the
announcement of 5 March 2025 and in the Company's Directors' Remuneration
Report for the year ended 31 December 2024. Further information will be
included in the Company's Directors' Remuneration Report for the year ending
31 December 2025, including as regards the performance conditions applying to
the Buy-Out Awards granted in respect of forfeited performance stock units.

 

·    Award granted over 97,149 Shares in respect of a forfeited restricted
stock unit, which will vest in April 2026.

 

·    Award granted over 166,189 Shares in respect of a forfeited
performance stock unit, which will vest in April 2026 subject to the
satisfaction of performance conditions.

 

·    Award granted over 61,968 Shares in respect of a forfeited restricted
stock unit, which will vest in March 2027.

 

·    Award granted over 105,998 Shares in respect of a forfeited
performance stock unit, which will vest in March 2027 subject to the
satisfaction of performance conditions.

 

Philip Hoare was also granted an award under the PSP over 367,775 Shares in
respect of the performance period 2025 - 2027 (the "2025 PSP Award"), which
will vest subject to the satisfaction of the same performance conditions as
apply to the PSP awards granted in March 2025 and be subject to a two year
holding period post vesting.

 

The vesting of each By-Out Award and the 2025 PSP Award is subject to the
rules of the PSP and Mr Hoare agreeing to be bound by the terms of the Awards.

 

No consideration is payable on either the grant or vesting of the Buy-Out
Awards or the 2025 PSP Award.

 

The relevant notification set out below is 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

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

 a)  Name                                                         Philip Hoare
 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                                    Conditional awards over Ordinary Shares made in accordance with the rules of
                                                                  the PSP.
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  Buy-Out Awards
                                                                  £Nil      97,149
                                                                  £Nil      166,189
                                                                  £Nil      61,968
                                                                  £Nil      105,998
                                                                  2025 PSP Award
                                                                  £Nil      367,775
 d)  Aggregated information

Aggregated Price  Aggregated Volume
                                                                  £Nil              799,079
 e)  Date of the transaction                                      8 September 2025
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

 Aggregated Price  Aggregated Volume
 £Nil              799,079

e)

Date of the transaction

8 September 2025

f)

Place of the transaction

Outside a trading venue

 

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