Barratt Developments PLC Director/PDMR Shareholding (1671W)

TIDMBDEV

RNS Number : 1671W

Barratt Developments PLC

30 July 2018

BARRATT DEVELOPMENTS PLC

(the 'Company')

Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMRs') and persons closely associated ('PCAs') with them

Exercise of options under the Barratt Developments Savings-Related Share Option Scheme (the 'SAYE')

The Company announces that, Steven Boyes, Chief Operating Officer and Deputy Chief Executive, has exercised an option to purchase 2,013 ordinary shares of 10 pence at an exercise price of GBP4.47 per share under the Company's Savings-Related Share Option Scheme. Steven Boyes has elected to keep the resulting shares.

Following the above transaction, the Company confirms that, at the date of this announcement, each of the Executive Directors holds an option/award over the following total number of Ordinary Shares of 10 pence each in the Company:

 
 Director                                                    Total number of 
                                                         shares under option 
                                                                and/or award 
 David Thomas     Chief Executive                                    883,545 
                 ------------------------------------  --------------------- 
                  Chief Operating Officer and Deputy 
 Steven Boyes      Chief Executive                                   703,075 
                 ------------------------------------  --------------------- 
 Jessica White    Chief Financial Officer                            162,207 
                 ------------------------------------  --------------------- 
 

The Company also confirms that following the exercises shown above, at the date of this announcement, each of the PDMRs of the Company, and their PCAs, hold the following total number of ordinary shares of 10 pence each in the Company:

 
 Director/PDMR    Role                                  Number of shares 
 John Allan       Chairman                                        66,705 
                 ------------------------------------  ----------------- 
 David Thomas     Chief Executive                              1,218,493 
                 ------------------------------------  ----------------- 
                  Chief Operating Officer and Deputy 
 Steven Boyes      Chief Executive                               669,856 
                 ------------------------------------  ----------------- 
 Jessica White    Chief Financial Officer                         42,602 
                 ------------------------------------  ----------------- 
 Richard Akers    Non-Executive Director                          60,000 
                 ------------------------------------  ----------------- 
 Nina Bibby       Non-Executive Director                           8,500 
                 ------------------------------------  ----------------- 
 Jock Lennox      Non-Executive Director                          10,000 
                 ------------------------------------  ----------------- 
 

The Notification of Dealing Form for the above transaction by the Executive Director/PDMR can be found below.

Notification of Dealing - Steven Boyes

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Steven Boyes 
     --------------------------  ---------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status             Chief Operating Officer and Deputy 
                                   Chief Executive 
     --------------------------  ---------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ---------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------- 
 a)   Name                        Barratt Developments PLC 
     --------------------------  ---------------------------------------- 
 b)   LEI                         2138006R85VEOF5YNK29 
     --------------------------  ---------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     -------------------------------------------------------------------- 
 a)   Description of the          Ordinary Shares of 10 pence 
       financial instrument, 
       type of instrument 
                                   ISIN: GB0000811801 
       Identification code 
     --------------------------  ---------------------------------------- 
 b)   Nature of the transaction   Acquisition of shares under the Barratt 
                                   Developments Savings-Related Share 
                                   Option Scheme 
     --------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)             Volume(s) 
                                    GBP4.47 per share    2,013 
                                                        ---------- 
     --------------------------  ---------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          N/A - Single Transaction 
 
       - Price 
     --------------------------  ---------------------------------------- 
 e)   Date of the transaction     30 July 2018 
     --------------------------  ---------------------------------------- 
 f)   Place of the transaction    London Stock Exchange - XLON 
     --------------------------  ---------------------------------------- 
 

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July 30, 2018 06:20 ET (10:20 GMT)