Barratt Developments PLC Director/PDMR Shareholding (7298K)

TIDMBDEV

RNS Number : 7298K

Barratt Developments PLC

17 December 2018

BARRATT DEVELOPMENTS PLC

(the 'Company')

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

The Company announces that Jessica White, Chief Financial Officer, has today purchased 10,000 ordinary shares of 10 pence each in the Company.

The Company also announces that Peter Richard White, a PCA of Jessica White, Chief Financial Officer, has today transferred, to Jessica White, 8,088 ordinary shares of 10 pence each in the Company. The shares being transferred will still be included when calculating the total shareholding of Jessica White and her PCAs.

The Company confirms that, at the date of this announcement, each of the Directors of the Company, and their persons closely associated, hold the following total number of ordinary shares of 10 pence each in the Company:

 
 Director/PDMR    Role                              Number of shares 
 John Allan       Chairman                                    76,705 
                 --------------------------------  ----------------- 
 David Thomas     Chief Executive                          1,318,891 
                 --------------------------------  ----------------- 
                  Chief Operating Officer/Deputy 
 Steven Boyes      Chief Executive                           752,352 
                 --------------------------------  ----------------- 
 Jessica White    Chief Financial Officer                     59,041 
                 --------------------------------  ----------------- 
 Richard Akers    Non-Executive Director                      60,000 
                 --------------------------------  ----------------- 
 Nina Bibby       Non-Executive Director                       8,500 
                 --------------------------------  ----------------- 
 Jock Lennox      Non-Executive Director                      10,000 
                 --------------------------------  ----------------- 
 

Notification of Dealing Form for Mrs Jessica White:

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                          Jessica White 
     ----------------------------  ------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status               Chief Financial Officer 
     ----------------------------  ------------------------------------- 
 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 10p 
       financial instrument, 
       type of instrument 
                                     ISIN: GB0000811801 
       Identification code 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction     Purchase of Ordinary Shares 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)              Volume(s) 
                                      GBP4.369 per share    10,000 
                                                           ---------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume            N/A - Single Transaction 
 
       - Price 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       17 December 2018 
     ----------------------------  ------------------------------------- 
 f)   Place of transaction          London Stock Exchange - XLON 
     ----------------------------  ------------------------------------- 
 5    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 10p 
       financial instrument, 
       type of instrument 
                                     ISIN: GB0000811801 
       Identification code 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction     Transfer of ordinary shares from 
                                     a PCA of Jessica White to Jessica 
                                     White for nil consideration. 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)    Volume(s) 
                                      Nil         8,088 
                                                 ---------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume            N/A - Single Transaction 
 
       - Price                        Nil 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       17 December 2018 
     ----------------------------  ------------------------------------- 
 f)   Place of transaction          London Stock Exchange - XLON 
     ----------------------------  ------------------------------------- 
 

This notification is made in accordance with the requirements of the EU Market Abuse Regulation.

For further information, please contact:

   Tina Bains, Company Secretary              01530 278278 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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December 17, 2018 10:37 ET (15:37 GMT)