Barratt Developments PLC
25 October 2006
BARRATT DEVELOPMENTS PLC : DISPOSAL OF SHARES FROM EMPLOYEE BENEFIT TRUST
Barratt Developments PLC announce the disposal of shares held in the Barratt
Developments Employee Benefit Trust of which the following directors are
potential beneficiaries:-
Mr. D.A. Pretty
Mr. S.J. Boyes
Mr. C. Fenton
Mr. G.K. Hester
Mr. M.A. Pain
Barratt Developments PLC were informed on the 25th October, 2006 that on the
25th October, 2006 Mourant & Co. Trustees Limited, as trustee of Barratt
Developments Employee Benefit Trust ('the Trust'), disposed of 500 Ordinary
Shares in the Company at a price of £1067.5p per share in satisfaction of
options made under Barratt Developments Employee Share Option Plan.
The Trust is a discretionary trust of which all employees, including executive
directors, of the Company and its subsidiaries are potential beneficiaries.
Each of the executive directors of the Company is, therefore, interested in the
shares held in the Trust from time to time in the same way as other employees of
the Group and ceases to be so interested when the Trust disposes of shares.
This notification is being given pursuant to Section 329 of the Companies Act
1985 (as amended).
Contact Name: Mr Laurence Dent
Contact Number: 0191 227 2000
Notification Date: 25th October, 2006
This information is provided by RNS
The company news service from the London Stock Exchange
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