REG - Balfour Beatty PLC - Transaction in Own Shares

Balfour BeattyAnnouncement

21/03/2024 07:15

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RNS Number : 6760H  Balfour Beatty PLC  21 March 2024

TRANSACTION IN OWN SHARES

Thursday 21st March 2024

Balfour Beatty plc (the "Group" or "Balfour Beatty"), the international
infrastructure group, announces that, in accordance with the terms of its
share buyback programme announced on 2 January 2024, and increased on 13 March
2024 (the "Share Buyback"), the Group purchased the following number of
its ordinary shares of 50 pence each through Numis Securities Limited.

 

 Date of purchase:                                                20 March 2024
 Aggregate number of ordinary shares of 50 pence each purchased:  156,876
 Highest price paid per share (GBp):                              378.80
 Lowest price paid per share (GBp):                               371.00
 Volume weighted average price paid per share (GBp):              375.2756

 

The Group will hold the repurchased shares in treasury. Following the purchase
of these shares, the remaining number of ordinary shares in issue will be
534,966,378 (excluding treasury shares).

 

The Group has, under the Share Buyback, repurchased 9,181,224 ordinary shares
at a volume weighted average price of 338.6869 pence, which are to be held in
treasury with no voting rights attached. The shares repurchased under the
Share Buyback are the only shares held in Treasury by the Group. Accordingly,
the total number of voting rights in the Company is 534,966,378. This figure
may be used by shareholders as the denominator for the calculation by which
they will determine whether they are required to notify their interest in, or
a change to their interest in, Balfour Beatty plc under the FCA's Disclosure
and Transparency Rules.

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation), the table available on the Company's website here
(https://www.balfourbeatty.com/investors/shareholder-centre/share-purchase-transactions/)
contains detailed and aggregated information of the individual trades made by
Numis Securities Limited as part of the Share Buyback.

 

Aggregated information of ordinary shares purchased according to each trading
venue:

 

 Venue                  Weighted average price paid per share (GBp)  Aggregate number of shares purchased  Lowest price paid per share (GBp)  Highest price paid per share (GBp)
 London Stock Exchange  374.9303                                     85,876                                371.00                             378.80
 Turquoise              376.0389                                     7,000                                 371.00                             378.60
 Chi-X (CXE)            375.6030                                     20,000                                371.00                             378.60
 BATS (BXE)             375.6791                                     44,000                                371.00                             378.80

 

 

 

 

 

Investor and analyst enquiries:

Jim Ryan

Tel. +44 (0) 7858 368527

jim.ryan@balfourbeatty.com (mailto:jim.ryan@balfourbeatty.com)

Media enquiries:

Antonia Walton

Tel. +44 (0) 7966 929 633
antonia.walton@balfourbeatty.com (mailto:antonia.walton@balfourbeatty.com)

 

Notes to editors:

·    Balfour Beatty is a leading international infrastructure group with
26,000 employees driving the delivery of powerful new solutions, shaping
thinking, creating skylines and inspiring a new generation of talent to be the
change-makers of tomorrow.

·    We finance, develop, build, maintain and operate the increasingly
complex and critical infrastructure that supports national economies and
deliver projects at the heart of local communities.

·    Over the last 114 years we have created iconic buildings and
infrastructure all over the world. Currently, we are working to deliver
Hinkley Point C, the first UK nuclear power station in a generation;
constructing the world-class arts and cultural facility, the Lyric Theatre, in
Hong Kong; and designing, building, financing, operating and maintaining the
Automated People Mover superstructure at the fifth busiest airport in the
world, Los Angeles International Airport.

Legal Entity Identifier: CT4UIJ3TUKGYYHMENQ17

 

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