Barratt Developments PLC
30 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 MS Clare
Mr DA Pretty
Mr SJ Boyes
Mr C Fenton
Mr GK Hester
Mr MA Pain
Barratt Developments PLC were informed on the 30th October 2006 that on the 30th
October 2006 Mourant & Co. Trustees Limited, as trustee of Barratt Developments
Employee Benefit Trust ('the Trust'), disposed of 1,500 Ordinary Shares in the
Company at a price of £1074.0p 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: 30th October 2006
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.