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Balfour Beatty PLC - Director/PDMR Shareholding

RNS Number : 7602R
Balfour Beatty PLC
01 July 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 1 July 2020, it redeemed the number of Cumulative Convertible Redeemable Preference Shares of 1p each in the Company ('Preference Shares') shown below, from Stephen Billingham. The redemption was made in full at 100p per Preference Share. Following this transaction, Mr Billingham's Preference Share holding is nil.

 

 

Name of Director / PDMR

Total number of Preference Shares Redeemed

Price paid per Preference Share

Total Price Paid for Redemption

Stephen Billingham

36,070

100.0p

£36,070

 

 

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:

 

Paul Waters

Interim Company Secretary

020 7216 6800

 

 

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

 

 

 

a)

Name

Stephen Billingham

2

Reason for the notification

a)

Position/status

Non-Executive Director / PDMR

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

Cumulative Convertible Redeemable Preference Shares of 1p each

 

GB0000978204

b)

Nature of the transaction

Redemption of Preference Shares in accordance with Article 4.1.6(i) of the Company's Articles of Association

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

100.0p

36,070

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

1 July 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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Quick facts: Balfour Beatty plc

Price: 229.8

Market: LSE
Market Cap: £1.59 billion
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