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:

DirectorsBeneficially
owned at
1 January 20161,2
Beneficially
owned at
31 December
20162 3 4
Outstanding PSP awards

Outstanding DBP awards

Outstanding
share buyout awards
Beneficially
owned at
31 December
2016 as a %
of base salary at
31 December
2016
Guideline met5
Philip Harrison 6,349 6,349 550,742  26,143 92,493 4.3%  No
Leo Quinn 162,675 486,127 1,468,648 283,543 1,812,767 163.0%  Yes
Philip Aiken 10,000 15,000          
Stephen Billingham7 11,350 23,580          
Stuart Doughty          
Iain Ferguson 55,000 55,000          
Maureen Kempston Darkes 7,000 7,000          
Graham Roberts 15,000  15,000          

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 15 March 2017, 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 165 shares
and a market purchase by Stuart Doughty of 4,550 ordinary shares at a price of 271.2p on 10 February 2017.
5 The closing market price of the Company’s ordinary shares as at 31 December 2016 (268.2p) was used to calculate the value of shares beneficially owned.
6 The 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. Subject to the approval of shareholders at the 2017 AGM, the revised Remuneration Policy requires that the Group Chief
Executive and Chief Financial Officer have share ownership guidelines of 200% and 150% of salary respectively.
7 Stephen Billingham was also interested in 34,612 and 36,070 redeemable preference shares of 1p each in Balfour Beatty plc at 1 January 2016 and 31 December 2016, respectively.