Balfour Beatty PLC Director/PDMR Shareholding (3248T)

TIDMBBY

RNS Number : 3248T

Balfour Beatty PLC

02 July 2018

Notification of Transactions of Persons Discharging Managerial Responsibilities or Connected Persons

Following the release on 26 June 2018 of conditional share awards ("Awards") pursuant to the rules of the Company's Performance Share Plan, the following Persons Discharging Managerial Responsibilities elected to sell the minimum number of Ordinary Shares of 50p each in the Company ("Ordinary Shares") in order to meet their respective income tax and national insurance obligations in respect of these Awards as set out below against their names:

 
 Directors (Name: Number of Ordinary Shares sold) 
 Mr L M Quinn                        336,646 
 
 Mr P J Harrison                     121,869 
 

Mr Quinn and Mr Harrison sold their Ordinary Shares on 29 June 2018 at a price of 281.081p per Ordinary Share.

Both Mr Quinn and Mr Harrison elected to hold all remaining Ordinary Shares received under these Awards.

Each sale of Ordinary Shares took place in London.

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 D R Mercer, Company Secretary, 020 7216 6800

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
 
 a)   Name                       Leo Martin Quinn 
     ========================= 
 2    Reason for the notification 
 a)   Position/status            Chief Executive 
     ========================= 
 b)   Initial notification       Initial Notification 
       /Amendment 
 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             Ordinary Shares of 50p each 
       the financial 
       instrument, type           GB0000961622 
       of instrument 
       Identification 
       code 
     ========================= 
 b)   Nature of the              Sale of shares (solely to meet income tax 
       transaction                and national insurance obligations) following 
                                  the release on 26 June 2018 of a conditional 
                                  share award made on 26 June 2015 pursuant 
                                  to the rules of the Company's Performance 
                                  Share Plan. 
 c)   Price(s) and volume(s) 
                                               Price(s)     Volume(s) 
                                              GBP2.81081     336,646 
                                                           ---------- 
     ========================= 
 d)   Aggregated information     n/a - single transaction as set out at 
       - Aggregated volume        4 c) 
       - Price 
 e)   Date of the transaction    2018-06-29 
     ========================= 
 f)   Place of the transaction   London Stock Exchange, Main Market (XLON) 
===  =========================  =============================================== 
 

Contact and telephone number for queries/

Duly authorised officer of issuer responsible for making notification:

Mr D R Mercer, Company Secretary, 020 7216 6800

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
 
 a)   Name                       Philip James Harrison 
 2    Reason for the notification 
 a)   Position/status            Chief Financial Officer 
 b)   Initial notification       Initial Notification 
       /Amendment 
 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             Ordinary Shares of 50p each 
       the financial 
       instrument, type           GB0000961622 
       of instrument 
       Identification 
       code 
 b)   Nature of the              Sale of shares (solely to meet income tax 
       transaction                and national insurance obligations) following 
                                  the release on 26 June 2018 of a conditional 
                                  share award made on 26 June 2015 pursuant 
                                  to the rules of the Company's Performance 
                                  Share Plan. 
 c)   Price(s) and volume(s) 
                                               Price(s)     Volume(s) 
                                              GBP2.81081     121,869 
                                                           ---------- 
 d)   Aggregated information     n/a - single transaction as set out at 4 
       - Aggregated volume        c) 
       - Price 
 e)   Date of the transaction    2018-06-29 
 f)   Place of the transaction   London Stock Exchange, Main Market (XLON) 
===  =========================  =============================================== 
 

Contact and telephone number for queries/

Duly authorised officer of issuer responsible for making notification:

Mr D R Mercer, Company Secretary, 020 7216 6800

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July 02, 2018 11:52 ET (15:52 GMT)