Statement of Directors’ shareholdings and share interests
The interests of the Directors and connected persons (including, amongst others, members of the Director’s immediate family) in the share capital of Balfour Beatty plc and its subsidiary undertakings during the year are set out below:
1 January 20151,2
20152 3 4
|Outstanding PSP awards||
Outstanding DBP awards
share buyout awards
2015 as a %
of base salary at
|Maureen Kempston Darkes||7,000||7,000|
1Or date of appointment, if later.
2Includes any shares held in the Company’s all-employee Share Incentive Plan.
3Or date of stepping down from the Board, if earlier.
4As at 14 March 2016, there have been no changes to the above other than in respect of ordinary shares held in the Share Incentive Plan which increased the shares for Leo Quinn by 182.
5The executive Directors are required to hold shares in the Company worth 100% of base salary and must retain no fewer than 50% of the shares, net of taxes, vesting under the DBP and PSP until the required shareholding is met.
6Peter Zinkin was also interested at 1 January 2015 and 26 March 2015 in 325 cumulative convertible redeemable preference shares of 1p each in Balfour Beatty plc.
7Stephen Billingham was also interested in 33,272 and 34,612 cumulative convertible redeemable preference shares of 1p each in Balfour Beatty plc on appointment and at 31 December 2015, respectively. As at 14 March 2016, Stephen Billingham had acquired a further 1,458 preference shares as a result of reinvestment of dividends.