Balfour Beatty plc (LON:BBY)

Balfour Beatty plc (LON:BBY)


Share Price
240.60 p
Change
-1 (-0.41 %)
Market Cap
£1,660.14 m
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Balfour Beatty plc RNS Release

Director/PDMR Shareholding


RNS Number : 6715W
Balfour Beatty PLC
18 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 18 April 2019 the following PDMRs received, for nil consideration, the number of Ordinary Shares of 50p each in the Company ('Ordinary Shares') shown below, following the vesting on 15 April 2019 of a Conditional Award made pursuant to the rules of the Company's Performance Share Plan ('Award') on 13 April 2016.

 

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

448,720

Conditional Award

211,216

237,504

Philip Harrison

168,268

Conditional Award

79,205

89,063

 

 

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

 

 

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

Vesting of Conditional Award over Ordinary Shares of 50p each 

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£Nil

448,720

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

15 April 2019

f)

Place of the transaction

Outside a trading venue

 

 

 

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

Sale of sufficient shares to cover tax liability and fees

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£2.6702

211,216

 

d)

Aggregated information

- Aggregated volume

- Price

n/a -  single transaction as set out at 4 c)

e)

Date of the transaction

18 April 2019

f)

Place of the transaction

London Stock Exchange, London

 

 

 

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

Vesting of Conditional Award over Ordinary Shares of 50p each 

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£Nil

168,268

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

15 April 2019

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

Sale of sufficient shares to cover tax liability and fees

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£2.6702

79,205

 

d)

Aggregated information

- Aggregated volume

- Price

n/a -  single transaction as set out at 4 c)

e)

Date of the transaction

18 April 2019

f)

Place of the transaction

London Stock Exchange, London

 


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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