Last checked at 15 Jun 2015 13:30
15 June 2015
Balfour Beatty plc ("the Company")
Notification of Transactions of Persons Discharging Managerial Responsibilities or Connected Persons in ordinary shares of 50p each
The Company announces that on 11 June 2015 it granted to Phil Harrison, the new chief financial officer of the Company, rights to acquire a maximum of 92,493 shares in the Company for free on vesting.
The rights were granted to compensate Mr Harrison for awards lost on leaving his previous employer and will normally vest on the dates set out below (subject to Mr Harrison not resigning before vesting):
Number of shares | Expected vesting date |
1 30,831 | 31 December 2016 |
2 61,662 | 31 December 2017 |
The Awards are subject to performance conditions linked to the share price performance of the Company and dividends paid.
The transaction took place in London.
This announcement is made following notifications under Disclosure Rule 3.1.2.
Contact: Mr C Healy, Head of Secretariat 020 7216 6800