TIDMBDEV

RNS Number : 8555Z

Barratt Developments PLC

17 March 2017

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 David Thomas, Chief Executive, has transferred 100,000 shares to Janet Thomas, a PCA of David Thomas. The shares being transferred will still be included when calculating the total shareholding of David Thomas and his PCAs.

Accordingly, the Company confirms that, at the date of this announcement, each of the PDMRs of the Company, including 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                                        34,205 
---------------  ------------------------------------  ----------------- 
 David Thomas     Chief Executive                              1,459,096 
---------------  ------------------------------------  ----------------- 
                  Chief Operating Officer and Deputy 
 Steven Boyes      Chief Executive                             1,005,868 
---------------  ------------------------------------  ----------------- 
 Richard Akers    Non-Executive Director                          50,000 
---------------  ------------------------------------  ----------------- 
 Tessa Bamford    Non-Executive Director                          35,706 
---------------  ------------------------------------  ----------------- 
 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 and his PCAs can be found below.

Notification of Dealing Form - 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 
---  --------------------------  ---------------------------------------- 
 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   Transfer for nil consideration of 
                                   Ordinary Shares to Mrs Janet Thomas, 
                                   a PCA of David Thomas, Chief Executive 
---  --------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                    ----------  ---------- 
 
                                      Nil         100,000 
                                    ----------  ---------- 
---  --------------------------  ---------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          N/A - Single Transaction 
 
       - Price 
---  --------------------------  ---------------------------------------- 
 e    Date of the transaction     17 March 2017 
---  --------------------------  ---------------------------------------- 
 f)   Place of the transaction    London Stock Exchange - XLON 
---  --------------------------  ----------------------------------------

For further information, please contact:

   Tina Bains, Company Secretary              01530 278278

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

March 17, 2017 11:07 ET (15:07 GMT)

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