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Balfour Beatty PLC - Director/PDMR Shareholding

RNS Number : 4318B
Balfour Beatty PLC
03 April 2017
 

Notification of Transactions of Persons Discharging Managerial Responsibilities or Connected Persons

 

Balfour Beatty plc (the "Company") was informed on 31 March 2017 by the Trustee of the Balfour Beatty Employee Share Ownership Trust (the "Trust") that, on 31 March 2017, each of the following Persons Discharging Managerial Responsibilities was the subject of an award of Ordinary Shares of 50p each ("Ordinary Shares") in the Company by the Trust, pursuant to the rules of the Company's Deferred Bonus Plan.  The Ordinary Shares were awarded at a price of 266.38p each and will vest after three years in accordance with the rules of the Deferred Bonus Plan.

 

 

Directors  (Name: Number of Ordinary Shares awarded)

 

Mr L M Quinn

85,592

 

 

Mr P J Harrison

42,417

 

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, General Counsel and Company Secretary, 020 7216 6800



 

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

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Leo Martin Quinn

2

Reason for the notification

a)

Position/status

Chief Executive

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

Conditional award pursuant to the rules of the Company's Deferred Bonus Plan.

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£Nil

85,592 

d)

Aggregated information

- Aggregated volume

- Price

Single transaction as in 4 (d) above

e)

Date of the transaction

2017-03-31

f)

Place of the transaction

Outside a trading venue

 

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

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Philip James Harrison

2

Reason for the notification

a)

Position/status

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

Conditional award pursuant to the rules of the Company's Deferred Bonus Plan.

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£Nil

42,417

d)

Aggregated information

- Aggregated volume

- Price

Single transaction as in 4 (d) above

e)

Date of the transaction

2017-03-31

f)

Place of the transaction

Outside a trading venue

 

Contact and telephone number for queries/

Duly authorised officer of issuer responsible for making notification:

Mr D R Mercer, Company Secretary, 020 7216 6800


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHLLFVESSIVIID

Quick facts: Balfour Beatty plc

Price: 249.7235

Market: LSE
Market Cap: £1.72 billion
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