Barratt Developments (LON:BDEV)

Barratt Developments (LON:BDEV)


Share Price
625.60 p
Change
1 (0.16 %)
Market Cap
£6,362.26 m
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Barratt Developments RNS Release

Director/PDMR Shareholding


RNS Number : 7523V
Barratt Developments PLC
10 April 2019
 

BARRATT DEVELOPMENTS PLC

(the 'Company')

 

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

 

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

The Company announces that on 9 April 2019, David Thomas was granted an option over 2,890 ordinary shares of 10 pence each in the Company under the HMRC approved SAYE. The Option may be exercised during the period 1 July 2024 to 31 December 2024 at an exercise price of £5.19 per share.

An invitation to participate in the SAYE was extended to all employees with a minimum of one month's service with the Company on similar terms and was offered for a period of three or five years.

Following the above transaction, the Company confirms that at the date of this announcement, each of the Executive Directors holds the following total number of options and awards over Ordinary Shares of 10 pence each in the Company:

Executive Director

Role

Total number of shares under option and/or award

David Thomas

Chief Executive

965,641

Steven Boyes

Chief Operating Officer and Deputy Chief Executive

769,959

Jessica White

Chief Financial Officer

334,959

 

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

Steven Boyes

Chief Operating Officer and Deputy 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 Mr David Thomas:

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

 

David Thomas

2

 

Reason for the notification

 

a)

Position/status

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

Initial notification

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 financial instrument, type of instrument

 

Identification code

 

Ordinary Shares of 10p

 

 

ISIN: GB0000811801

 

b)

 

Nature of the transaction

 

Grant of Option under the Barratt Developments Savings-Related Share Option Scheme

c)

 

Price(s) and volume(s)

 

Option awarded over 2,890 shares at an exercise price of £5.19 per share

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

N/A - Single Transaction

 

 

e)

Date of the transaction

9 April 2019

f)

Place of transaction

Outside a trading venue

 

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 [email protected] or visit www.rns.com.
 
END
 
 
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