Director/PDMR Shareholding

RNS Number : 0532G

Barratt Developments PLC

01 May 2014

 



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 30 April 2014 that the following Executive Directors/PDMR of the Company have been granted options over a combined total of 9,453 ordinary shares of 10 pence each in the Company at an exercise price of £3.49 per share, in London, on 30 April 2014.

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. The option is exercisable during the period 1 July 2017 to 31 December 2017 for those participating for a three-year term and during 1 July 2019 to 31 December 2019 for those participating for a five-year term.

Director	Term of Scheme	Number of shares over which option granted (% of issued share capital as at the date of this announcement)
David Thomas	5 years	4,297 (0.0%)
Steven Boyes	3 years	2,578 (0.0%)
Tom Keevil	3 years	2,578 (0.0%)

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

Director	Number of shares over which options and awards held (percentage of issued share capital as at the date of this announcement)
Mark Clare	3,032,312 (0.308%)
David Thomas	1,946,694 (0.198%)
Steven Boyes	1,883,009 (0.191%)
Tom Keevil	936,252 (0.095%)

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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