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Balfour Beatty PLC - Director/PDMR Shareholding

RNS Number : 2010I
Balfour Beatty PLC
31 March 2020
 

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 31 March 2020, the following PDMRs (the "Grantees") received conditional awards over the number of Ordinary Shares of 50p each in the Company ("Ordinary Shares") shown below (the "Awards"), in accordance with the rules of the Deferred Bonus Plan ("DBP").

 

Name of Director / PDMR

Total number of Shares Awarded

Type of Award

Leo Quinn

266,214

Conditional award

Philip Harrison

136,768

Conditional award

 

The Awards will normally vest on the third anniversary of the grant date. No consideration is payable by Grantees on either the grant or vesting of the Awards.

 

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:

 

Ms Alia Fazal, Deputy 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

Conditional award over Ordinary Shares made in accordance with the rules of the DBP

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£Nil

266,214

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

31 March 2020

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

Conditional award over Ordinary Shares made in accordance with the rules of the DBP

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£Nil

136,768

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

31 March 2020

f)

Place of the transaction

Outside a trading venue

 

Balfour Beatty plc's Legal Entity Identifier is CT4UIJ3TUKGYYHMENQ17.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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