Last checked at 1 Jul 2020 08:47
1 July 2020
Cancellation of Listing and Trading of Preference Shares
Further to the announcement made by Balfour Beatty plc (the "Company") on 1 June 2020 of its intention to redeem the cumulative convertible redeemable preference shares of 1p each (ISIN: GB 0000978204) (the "Preference Shares") on 1 July 2020, the Company confirms that the Preference Shares have been redeemed in full in compliance with the requirements of the Company's articles of association and the Companies Act 2006.
The Company confirms that, following an application by the Company, the Financial Conduct Authority has cancelled the listing of the Preference Shares on the standard segment of the Official List and the London Stock Exchange has cancelled the trading of the Preference Shares on its Main Market for listed securities, in each case with effect from 8.00 a.m. (London time) today.
ENDS
Analyst/investor enquiries:
Angus BarryTel. +44 (0)7966 281635angus.barry@balfourbeatty.com
Media enquiries:
Antonia Walton
Tel. +44 (0) 7966 929633Antonia.walton@balfourbeatty.com
Notes to editors:
· Balfour Beatty (balfourbeatty.com) is a leading international infrastructure group. With 26,000 employees, we provide innovative and efficient infrastructure that underpins our daily lives, supports communities and enables economic growth. We finance, develop, build and maintain complex infrastructure such as transportation, power and utility systems, social and commercial buildings.
· Our main geographies are the UK, US and Hong Kong. Over the last 110 years we have created iconic buildings and infrastructure all over the world including the London Olympics' Aquatic Centre, Hong Kong's first Zero Carbon building, the National Museum of the Marine Corps in the US and the Channel Tunnel Rail Link.