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:

Directors

Beneficially owned at 1 January 20171,2

Beneficially owned at 31 December 20172,3,4

Outstanding PSP awards

Outstanding DBP awards

Outstanding share buyout awards

Beneficially owned at 31 December 2017 as a % of base salary at 31 December5
2017

Guideline met6

Philip Harrison

6,349

17,744

804,089

69,308

61,662

13%

No

Leo Quinn

486,127

798,663

2,047,728

373,170

1,208,511

297%

Yes

Philip Aiken

15,000

15,000

 

 

 

 

 

Stephen Billingham7

23,580

23,757

 

 

 

 

 

Stuart Doughty

4,550

 

 

 

 

 

Iain Ferguson

55,000

55,000

 

 

 

 

 

Maureen Kempston Darkes

7,000

7,000

 

 

 

 

 

Michael Lucki

 

 

 

 

 

Barbara Moorhouse

4,000

 

 

 

 

 

1 Or date of appointment, if later.

2 Includes any shares held in the Company’s all-employee Share Incentive Plan.

3 Or date of stepping down from the Board, if earlier.

4 As at 13 March 2018, there have been no changes to the above other than an increase in respect of ordinary shares held in the Share Incentive Plan for Leo Quinn by 106 shares.

5 The closing market price of the Company’s ordinary shares as at 31 December 2017 (297.0p) was used to calculate the value of shares beneficially owned.

6 The Group Chief Executive and Chief Financial Officer are required to hold shares in the Company worth 200% and 150% of base salary respectively 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.

7 Stephen Billingham was also interested in 36,070 redeemable preference shares of 1p each in Balfour Beatty plc at 1 January 2017 and 31 December 2017.