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Barratt Developments

Director/PDMR Shareholding

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RNS Number : 3143G
Barratt Developments PLC
22 July 2019
 

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 Company announces that, David Thomas, Chief Executive, has exercised an option to purchase 4,297 ordinary shares of 10 pence at an exercise price of £3.49 per share under the Company's Savings-Related Share Option Scheme. David Thomas 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

964,234

Steven Boyes

Chief Operating Officer and Deputy Chief Executive

769,959

Jessica White

Chief Financial Officer

334,959

 

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

76,705

David Thomas

Chief Executive

1,323,188

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

 

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

 



Notification of Dealing - 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

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 10 pence

 

 

ISIN: GB0000811801

 

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)

£3.49 per share

4,297

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A - Single Transaction

 

e)

 

Date of the transaction

 

22 July 2019

f)

 

Place of the transaction

 

London Stock Exchange - XLON

 

 

 


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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Quick facts: Barratt Developments

Price: £6.52

Market: LSE
Market Cap: £6.64 billion
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