Director/PDMR Shareholding

RNS Number : 3942A

Barratt Developments PLC

29 March 2012

 



Barratt Developments PLC

Grant of options under the Barratt Developments Savings-Related Share Option Scheme

In accordance with the requirements of D.T.R.3.1.2 Barratt Developments PLC (the "Company") was notified on 28 March 2012 that the following Executive Directors/PDMR of the Company have been granted options over 28,800 ordinary shares of 10 pence each in the Company at an exercise price of £1.25 per share, in London, on 28 March 2012.

The option has been granted under the HMRC approved Savings-Related Share Option Scheme (the "Scheme"), participation to which was extended to all employees with a minimum of six months service with the Company on similar terms for a period of three or five years. In total, across all grants under the Scheme, approximately 47% of these employees are participating in the Scheme. The option is exercisable during the period 1 June 2015 to 30 November 2015 for those participating for a three-year term and during 1 June 2017 to 30 November 2017 for those participating for a five-year term.

Following the above grant, the Company confirms that at the date of this announcement, each of the Executive Directors/PDMRs holds the following total number of options and awards over Ordinary Shares of 10 pence each in the Company:

Director	Number of options and awards held (percentage of issued share capital as at the date of this announcement)
Mark Clare	3,180,284 (0.329%)
David Thomas	2,012,786 (0.208%)
Steven Boyes	2,040,023 (0.211%)
Clive Fenton	1,886,126 (0.195%)
Tom Keevil	456,463 (0.047%)

This notification is made in accordance with the requirements of D.T.R. 3.1.4.

For further information please contact:

Tom Keevil Group General Counsel and Company Secretary

[phone]

 

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