Balfour Beatty PLC Director/PDMR Shareholding (2010I)

TIDMBBY

RNS Number : 2010I

Balfour Beatty PLC

31 March 2020

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 (the "Grantees") received conditional awards over the number of Ordinary Shares of 50p each in the Company ("Ordinary Shares") shown below (the "Awards"), in accordance with the rules of the Deferred Bonus Plan ("DBP").

 
 Name of Director   Total number   Type of Award 
  / PDMR             of Shares 
                     Awarded 
 Leo Quinn          266,214        Conditional award 
                   -------------  ------------------ 
 Philip Harrison    136,768        Conditional award 
                   -------------  ------------------ 
 

The Awards will normally vest on the third anniversary of the grant date . No consideration is payable by Grantees on either the grant or vesting of the Awards.

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

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

 
 a)   Name                      Leo Quinn 
     ======================== 
 2    Reason for the notification 
 a)   Position/status           Director / PDMR - Chief Executive 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             GB0000961622 
       instrument, type 
       of instrument 
       Identification 
       code 
     ======================== 
 b)   Nature of the             Conditional award over Ordinary Shares 
       transaction               made in accordance with the rules of the 
                                 DBP 
 c)   Price(s) and                         Price(s)    Volume(s) 
       volume(s)                             GBPNil      266,214 
                                                      ---------- 
     ======================== 
 d)   Aggregated information    n/a 
       - Aggregated 
       volume 
       - Price 
 e)   Date of the transaction   31 March 2020 
     ======================== 
 f)   Place of the              Outside a trading venue 
       transaction 
===  ========================  ========================================== 
 
 
 
 a)   Name                      Philip Harrison 
     ======================== 
 2    Reason for the notification 
 a)   Position/status           Director / PDMR - 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             GB0000961622 
       instrument, type 
       of instrument 
       Identification 
       code 
     ======================== 
 b)   Nature of the             Conditional award over Ordinary Shares 
       transaction               made in accordance with the rules of the 
                                 DBP 
 c)   Price(s) and                         Price(s)    Volume(s) 
       volume(s)                             GBPNil      136,768 
                                                      ---------- 
     ======================== 
 d)   Aggregated information         n/a 
       - Aggregated 
       volume 
       - Price 
 e)   Date of the transaction   31 March 2020 
     ======================== 
 f)   Place of the              Outside a trading venue 
       transaction 
===  ========================  ========================================== 
 

Balfour Beatty plc's Legal Entity Identifier is CT4UIJ3TUKGYYHMENQ17.

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March 31, 2020 05:30 ET (09:30 GMT)