Director/PDMR Shareholding

Barratt Developments PLC

15 July 2024

 

BARRATT DEVELOPMENTS PLC

(the 'Company')

Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMRs') and persons closely associated ('PCAs') with them

Vesting of Awards under the Barratt Developments PLC Employee Long Term Incentive Plan (the 'ELTIP')

In July 2022 a person closely associated ('PCA') with Steven Boyes, Chief Operating Officer & Deputy Chief Executive, was granted an award under the ELTIP. This award vested on 1 July 2024 and was released to the PCA on 11 July 2024.  Details of the award granted, the number of shares sold to cover the tax and national insurance due on release and those retained by the PCA are set out in the table below:

	Number of awards	Number of shares sold	Number of shares retained
PCA of Steven Boyes	271	118	153

Following the above transaction, the Company confirms that at the date of this announcement, each of the Executive Directors of the Company and their PCAs hold 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	1,071,607
Steven Boyes	Chief Operating Officer & Deputy Chief Executive	866,731
Mike Scott	Chief Financial Officer	551,789

In addition, the Company confirms that, at the date of this announcement, each of the Directors 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
Caroline Silver	Chair	10,000
David Thomas	Chief Executive	1,326,830
Steven Boyes	Chief Operating Officer & Deputy Chief Executive	728,235
Mike Scott	Chief Financial Officer	69,832
Katie Bickerstaffe	Non-Executive Director	8,489
Jock Lennox	Non-Executive Director	10,000
Jasi Halai	Non-Executive Director	12,581
Nigel Webb	Non-Executive Director	12,660

The Notification of Dealing Forms for the above transaction is set out below:

Notification of Dealing Form

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Charles Boyes
2	Reason for the notification
a)	Position/status	Person Closely Associated with the Chief Operating Officer & Deputy 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
4.1	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	Vesting of Shares under the Barratt Developments Employee Long Term Incentive Plan
c)	Price(s) and volume(s)	271 shares under the Barratt Developments Employee Long Term Incentive Plan for no cost
d)	Aggregated information - Aggregated volume - Price	N/A - Single Transaction
e)	Date of the transaction	11 July 2024
f)	Place of the transaction	Outside a trading venue
4.2	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	Sale of shares to cover tax and NI liability on the vesting of the Employee Long Term Incentive Plan
c)	Price(s) and volume(s)	118 shares sold at £4.825204 per share
d)	Aggregated information - Aggregated volume - Price	N/A - Single Transaction
e)	Date of the transaction	11 July 2024
f)	Place of the transaction	XLON

 

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