Balfour Beatty plc (LON:BBY)

Balfour Beatty plc (LON:BBY)


Share Price
231.60 p
Change
-7 (-2.93 %)
Market Cap
£1,598.04 m
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Balfour Beatty plc RNS Release

Director/PDMR Shareholding


RNS Number : 0871W
Balfour Beatty PLC
15 April 2019
 

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 12 April 2019 the following PDMR received, for nil consideration, the number of Ordinary Shares of 50p each in the Company ('Ordinary Shares')  shown below, following the vesting on 01 April 2019 of a Conditional Award made pursuant to the rules of the Company's Deferred Bonus Plan ('Award') on 01 April 2016. All shares were retained by the participant and any tax liabilities were funded personally by cheque.

 

Name of Director / PDMR

Number of Shares Received

Type of Award

Number of Shares sold (to cover tax liabilities and expenses)

Number of Shares retained

Leo Quinn

91,918

Conditional Award

0

91,918

 

 

 

 

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:

 

Mr J Lagan, Group General Counsel and Company Secretary, 020 7216 6800

 

 

 

a)

Name

Leo Quinn

2

Reason for the notification

a)

Position/status

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 in Balfour Beatty plc

 

GB0000961622

b)

Nature of the transaction

Vesting of Conditional Award over Ordinary Shares of 50p each

All shares were retained and any tax liabilities funded personally by cheque

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£Nil

91,918

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

12 April 2019

f)

Place of the transaction

Outside a trading venue

 


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.
 
END
 
 
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