Last checked at 31 Mar 2020 10:30
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 31 March 2020, 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 of conditional awards made pursuant to the rules of the Company's Deferred Bonus Plan on 31 March 2017 (the "Existing Awards"). Further to the Existing Awards, dividend equivalents have been awarded over the lifetime of the Existing Awards in the form of further conditional awards over Ordinary Shares (the "Further Awards"). The total vesting amounts consist of the Existing Awards and the Further Awards.
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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:
Ms Alia Fazal, Deputy Company Secretary, 020 7216 6800
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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 | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | n/a | ||||
e) | Date of the transaction | 31 March 2020 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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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 Ordinary Shares to cover tax liabilities arising from vesting | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | n/a | ||||
e) | Date of the transaction | 31 March 2020 | ||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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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 | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | n/a | ||||
e) | Date of the transaction | 31 March 2020 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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| |||||
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 Ordinary Shares to cover tax liabilities arising from vesting | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | n/a | ||||
e) | Date of the transaction | 31 March 2020 | ||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||
Balfour Beatty plc's Legal Entity Identifier is CT4UIJ3TUKGYYHMENQ17.