1st Jul 2005 14:42
Balfour Beatty PLC01 July 2005 On 30 June 2005 the following dealings by directors were reported to theCompany: 1. Mr A L P Rabin, executive director, exercised his 2002 award under the Company's long term incentive scheme, the 2001 Performance Share Plan, for 47,196 ordinary shares. 19,390 ordinary shares were sold to provide funds for tax and NI due on exercise and the balance of 27,806 ordinary shares were transferred into his name, taking his holding to 53,045 ordinary shares. 2. Mr J L Cohen, executive director, exercised his 2002 award under the Company's long term incentive scheme, the 2001 Performance Share Plan, for 69,407 ordinary shares. 28,514 ordinary shares were sold to provide funds for tax and NI due on exercise and the balance of 40,893 ordinary shares were transferred into his name, taking his holding to 120,179 ordinary shares. 3. Mr P J L Zinkin, executive director, exercised his 2002 award under the Company's long term incentive scheme, the 2001 Performance Share Plan, for 72,822 ordinary shares. 29,918 ordinary shares were sold to provide funds for tax and NI due on exercise and, of the balance, a further 21,452 ordinary shares were sold (at a price of 330.75 pence each) and the remaining balance of 21,452 ordinary shares were transferred into his name, taking his holding to 72,501 ordinary shares. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Balfour Beatty