Director/PDMR Shareholding

Balfour Beatty PLC

23 June 2026

 

PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRS") AND PERSONS CLOSELY ASSOCIATED WITH THEM

Balfour Beatty plc (the "Company") announces that, on 22 June 2026, Myles Westcott received conditional awards over Ordinary Shares of 50p each in the Company ("Ordinary Shares") as shown below (the "Buy-Out Awards"), in accordance with the rules of the Performance Share Plan ("PSP").

The Buy-Out Awards are granted to compensate for remuneration forfeited by Mr Westcott on leaving his former employer, as referred to in the announcement of 24 February 2026 and in the Company's Directors' Remuneration Report for the year ended 31 December 2025. Further information will be included in the Company's Directors' Remuneration Report for the year ending 31 December 2026, including as regards the performance conditions applying to the Buy-Out Awards granted in respect of forfeited performance stock units.

·    Award granted over 84,689 Shares in respect of a forfeited performance stock unit, which will vest in March 2027 subject to the satisfaction of performance conditions.

·    Award granted over 32,222 Shares in respect of a forfeited restricted stock unit, which will vest in April 2027.

·    Award granted over 70,335 Shares in respect of a forfeited performance stock unit, which will vest in March 2028 subject to the satisfaction of performance conditions.

Myles Westcott was also granted an award under the PSP over 123,782 Shares in respect of the performance period 2026 - 2028 (the "2026 PSP Award"), which will vest subject to the satisfaction of the same performance conditions as apply to the PSP awards granted in March 2026 and be subject to a two year holding period post vesting. 

The vesting of each Buy-Out Award and the 2026 PSP Award is subject to the rules of the PSP and Mr Westcott agreeing to be bound by the terms of the Awards.

No consideration is payable on either the grant or vesting of the Buy-Out Awards or the 2026 PSP Award.

The relevant notification set out below is provided in accordance with the requirements of Article 19 of the UK 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	Myles Westcott
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 awards over Ordinary Shares made in accordance with the rules of the PSP.
c)	Price(s) and volume(s)	Price(s) Volume(s) Buy-Out Awards £Nil 84,689 £Nil 32,222 £Nil 70,335 2026 PSP Award £Nil 123,782
d)	Aggregated information	Aggregated Price Aggregated Volume £Nil 311,028
e)	Date of the transaction	22 June 2026
f)	Place of the transaction	Outside a trading venue

Analyst/investor enquiries:
Jim Ryan
Tel. [phone]
[e-mail]

Media enquiries:
Vivienne Dunn
Tel. [phone]
[e-mail]

Notes to editors:

·    Balfour Beatty is a leading international infrastructure group with 27,000 employees driving the delivery of powerful new solutions, shaping thinking, creating skylines and inspiring a new generation of talent to be the change-makers of tomorrow.

·    We finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.

·    For over 100 years, we have created iconic buildings and infrastructure all over the world. Currently, we are working to deliver Hinkley Point C, the first UK nuclear power station in a generation; constructing the world-class arts and cultural facility, the Lyric Theatre, in Hong Kong; and designing, building, financing, operating and maintaining the Automated People Mover superstructure at the fifth busiest airport in the world, Los Angeles International Airport.

Legal Entity Identifier: CT4UIJ3TUKGYYHMENQ17

 

END