Balfour Beatty PLC Transaction in Own Shares (9307L)
January 18 2021 - 2:15AM
UK Regulatory
TIDMBBY
RNS Number : 9307L
Balfour Beatty PLC
18 January 2021
TRANSACTION IN OWN SHARES
18 January 2021
Balfour Beatty plc (the "Group" or "Balfour Beatty"), the
international infrastructure group, announces that, in accordance
with the terms of its share buyback programme announced on 5
January 2021 (the "Share Buyback"), the Group purchased the
following number of its ordinary shares of 50 pence each through
Numis Securities Ltd.
Date of purchase: 15 January 2021
Aggregate number of ordinary shares of 50 pence
each purchased: 130,000
Highest price paid per share (GBp): 285.80
Lowest price paid per share (GBp): 280.40
Volume weighted average price paid per share
(GBp): 282.2952
The Group will hold the repurchased shares in treasury.
Following the purchase of these shares, the remaining number of
ordinary shares in issue will be 688,685,299 (excluding treasury
shares).
The Group has to date, under the Share Buyback, repurchased
1,054,320 ordinary shares at a volume weighted average price of
280.4515 pence, which are to be held in treasury with no voting
rights attached. The shares repurchased under the Share Buyback are
the only shares held in treasury by the Group.
In accordance with Article 5(1)(b) of Regulation (EU) No
596/2014 (the Market Abuse Regulation), the table available on the
Company's website here contains detailed and aggregated information
of the individual trades made by Numis Securities Ltd as part of
the Share Buyback.
-END-
Analyst/investor enquiries:
Angus Barry
Tel. +44 (0)20 7216 6824
angus.barry@balfourbeatty.com
Media enquiries:
Antonia Walton
Tel. +44 (0) 203 810 2345
antonia.walton@balfourbeatty.com
Notes to editors:
-- Balfour Beatty (balfourbeatty.com) is a leading international
infrastructure group. With 26,000 employees, we provide innovative
and efficient infrastructure that underpins our daily lives,
supports communities and enables economic growth. We finance,
develop, build and maintain complex infrastructure such as
transportation, power and utility systems, social and commercial
buildings.
-- Our main geographies are the UK, US and Hong Kong. Over the
last 110 years we have created iconic buildings and infrastructure
all over the world including the London Olympics' Aquatic Centre,
Hong Kong's first Zero Carbon building, the National Museum of the
Marine Corps in the US and the Channel Tunnel Rail Link.
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END
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January 18, 2021 02:15 ET (07:15 GMT)
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