Last checked at 4 Dec 2018 16:10
Balfour Beatty plc
Director/PDMR Shareholding
4 December 2018
Balfour Beatty plc (the "Company") announces that it has been notified of the following transactions in the Company's Ordinary shares of 50 pence each undertaken by Directors / Persons Discharging Managerial Responsibility ("PDMR").
1. Dividend Reinvestment Plan ("DRIP")
On 30 November 2018, the following PDMRs acquired a further interest in the Company's shares as a result of their participation in the Company's Dividend Reinvestment Plan ("DRIP") directly or through a nominee service.
Name of PDMR | Number of shares | Price per share | Date acquired |
Leo Quinn | 6,483 | £2.68 | 30 November 2018 |
Stephen Billingham | 22 | £2.514 | 30 November 2018 |
2. Balfour Beatty plc Deferred Bonus Plan (the "DBP")
On 30 November 2018, the Trustees of the DBP purchased Ordinary shares of 50 pence each in the Company under the DBP Dividend Reinvestment scheme on behalf of the PDMRs as set out below:
Name of PDMR | Number of shares | Price per share | Date acquired |
Leo Quinn | 2,369 | £2.674 | 30 November 2018 |
Philip Harrison | 1,061 | £2.674 | 30 November 2018 |
3. Balfour Beatty plc Share Incentive (the "SIP")
On 30 November 2018, the Trustees of the SIP purchased Ordinary shares of 50 pence each in the Company under the SIP Dividend Reinvestment scheme on behalf of the PDMRs as set out below:
Name of PDMR | Number of shares | Price per share | Date acquired |
Leo Quinn | 19 | £2.660 | 30 November 2018 |
The Notification of Dealing Form for each PDMR can be found below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
Contact and telephone number for queries/
Duly authorised officer of issuer responsible for making notification:
Mr D R Mercer, 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
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Leo Martin Quinn | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive | ||||
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 | Purchase of Ordinary Shares of 50p each
GB0000961622 | ||||
b) | Nature of the transaction | Purchase of Ordinary Shares by way of reinvestment of 2018 interim dividend paid on shares held in own name. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Single transaction as in 4 (c) above | ||||
e) | Date of the transaction | 2018-11-30 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Stephen Robert Billingham | ||||
2 | Reason for the notification | |||||
a) | Position/status | Non-executive Director | ||||
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 | Purchase of Ordinary Shares of 50p each
GB0000961622 | ||||
b) | Nature of the transaction | Purchase of Ordinary Shares by way of reinvestment of 2018 interim dividend paid on shares held in own name. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Single transaction as in 4 (c) above | ||||
e) | Date of the transaction | 2018-11-30 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Leo Martin Quinn | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive | ||||
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 of Ordinary Shares to reflect the accrual of the 2018 Interim dividend had the dividend been reinvested in shares pursuant to the rules of the Company's Deferred Bonus Plan. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Single transaction as in 4 (c) above | ||||
e) | Date of the transaction | 2018-11-30 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Philip James Harrison | ||||
2 | Reason for the notification | |||||
a) | Position/status | 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 of Ordinary Shares to reflect the accrual of the 2018 Interim dividend had the dividend been reinvested in shares pursuant to the rules of the Company's Deferred Bonus Plan. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Single transaction as in 4 (c) above | ||||
e) | Date of the transaction | 2018-11-30 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Leo Martin Quinn | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive | ||||
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 | Purchase of Ordinary Shares of 50p each
GB0000961622 | ||||
b) | Nature of the transaction | Purchase of Dividend Shares by way of reinvestment of 2018 Interim dividend paid on Partnership Shares held under the Balfour Beatty Share Incentive Plan 2011. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Single transaction as in 4 (c) above | ||||
e) | Date of the transaction | 2018-11-30 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||