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 2021, 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 / PDMR | Total number of Shares Awarded | Type of Award |
| Leo Quinn | 118,184 | Conditional award |
| Philip Harrison | 60,461 | 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:
Tracey Wood, Group 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
| a) | Name | Leo Quinn | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Director / PDMR - 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
GB0000961622 | ||||
| b) | Nature of the transaction | Conditional award over Ordinary Shares made in accordance with the rules of the DBP | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | n/a | ||||
| e) | Date of the transaction | 31 March 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
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| |||||
| a) | Name | Philip Harrison | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Director / PDMR - 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 over Ordinary Shares made in accordance with the rules of the DBP | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | n/a | ||||
| e) | Date of the transaction | 31 March 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
Balfour Beatty plc's Legal Entity Identifier is CT4UIJ3TUKGYYHMENQ17.
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