Last checked at 22 Jul 2019 14:31
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)
|
| ||||
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 | ||||