Barratt Developments PLC Director/PDMR Shareholding (6898D)
April 28 2017 - 4:13AM
UK Regulatory
TIDMBDEV
RNS Number : 6898D
Barratt Developments PLC
28 April 2017
28 April 2017
Barratt Developments PLC
(the 'Company')
Notification and public disclosure of transactions by persons
discharging managerial responsibilities ('PDMRs') and persons
closely associated ('PCAs') with them
Grant of options under the Barratt Developments Savings-Related
Share Option Scheme (the 'SAYE')
The Company announces that on 27 April 2017, Steven Boyes was
granted an option over 1,939 ordinary shares of 10 pence each in
the Company under the HMRC approved SAYE. The Option may be
exercised during the period 1 July 2020 to 31 December 2020 at an
exercise price of GBP4.64 per share.
Participation 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 Role Total number
Director of shares
under option
and/or award
-------------- ----------------------------- --------------
David Thomas Chief Executive 1,121,319
-------------- ----------------------------- --------------
Chief Operating Officer
Steven Boyes and Deputy Chief Executive 785,394
-------------- ----------------------------- --------------
The Company also confirms that, 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 34,205
--------------- ----------------------------- -----------------
David Thomas Chief Executive 1,459,096
--------------- ----------------------------- -----------------
Steven Chief Operating Officer
Boyes and Deputy 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 Forms for each of the above
transactions 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 Ordinary Shares of 10 pence
the financial
instrument, type
of instrument ISIN: GB0000811801
Identification
code
--- ------------------------- --------------------------------------
b) Nature of the Grant of Option under the
transaction Barratt Developments Savings-Related
Share Option Scheme
--- ------------------------- --------------------------------------
c) Price(s) and volume(s) Option awarded over 1,939
shares at an exercise price
of GBP4.64 per share
--- ------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume N/A - Single Transaction
- Price
--- ------------------------- --------------------------------------
e) Date of the transaction 27 April 2017
--- ------------------------- --------------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- --------------------------------------
This notification is made in accordance with the requirements of
the Market Abuse Regulation.
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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