7th Jun 2005 16:48
Balfour Beatty PLC07 June 2005 On 7 June 2005 Balfour Beatty plc ("the Company") was notified that Mr I PTyler, Chief Executive, had exercised a vested award under the Company's longterm incentive scheme, the Performance Share Plan 2001, pursuant to which 69,407ordinary 50p shares in the Company have been transferred to him. Following theexercise of this award and as a result of subsequent dispositions of the sharestransferred, Mr Tyler has increased his holding in ordinary shares in theCompany by a further 20,894 shares (making the total held by him and hisimmediate family to 84,875 ordinary shares) and, at the same time, sold 20,000shares at a price of 325p each. ******************************** On 7 June 2005 Balfour Beatty plc ("the Company") was notified that Mr A JWivell, an executive director, had exercised a vested award under the Company'slong term incentive scheme, the Performance Share Plan 2001, pursuant to which43,076 ordinary 50p shares in the Company have been transferred to him.Following the exercise of this award and as a result of subsequent dispositionsof the shares transferred, Mr Wivell has increased his holding in ordinaryshares in the Company by a further 10,000 shares (making the total held by himand his immediate family to 30,228 ordinary shares) and, at the same time, sold15,414 shares at a price of 327.75p each. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Balfour Beatty