15 Apr 2019 09:00
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 12 April 2019 the following PDMR received, for nil consideration, the number of Ordinary Shares of 50p each in the Company ('Ordinary Shares') shown below, following the vesting on 01 April 2019 of a Conditional Award made pursuant to the rules of the Company's Deferred Bonus Plan ('Award') on 01 April 2016. All shares were retained by the participant and any tax liabilities were funded personally by cheque.
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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:
Mr J Lagan, Group General Counsel and Company Secretary, 020 7216 6800
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a) | Name | Leo Quinn | ||||
2 | Reason for the notification | |||||
a) | Position/status | 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 in Balfour Beatty plc
GB0000961622 | ||||
b) | Nature of the transaction | Vesting of Conditional Award over Ordinary Shares of 50p each All shares were retained and any tax liabilities funded personally by cheque | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | n/a | ||||
e) | Date of the transaction | 12 April 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Balfour Beatty (BBY)