Director/PDMR Shareholding

RNS Number : 0344U

Barratt Developments PLC

10 October 2014

BARRATT DEVELOPMENTS PLC

NOTIFICATION OF TRANSACTIONS BY EXECUTIVE DIRECTORS AND PDMRS

Barratt Developments PLC Deferred Bonus Plan

Further to the disclosure in the Company's 2014 Annual Report and Accounts in respect of the deferral of 50% of the annual bonus earned in respect of the financial year ended 30 June 2014 into shares, Barratt Developments PLC (the "Company") announces that in accordance with the requirements of D.T.R. 3.1.2R, the Company was notified on 9 October 2014 that the following Executive Directors/PDMRs of the Company have been granted awards, over a combined total of 236,668 Ordinary Shares of 10 pence each in the Company, under the Barratt Developments Deferred Bonus Plan (the 'DBP'), in London, on 9 October 2014 as follows:

Executive Director/PDMR	Number of Shares Awarded (percentage of issued share capital)
Mark Clare	88,160 (0.009%)
David Thomas	57,091 (0.006%)
Steven Boyes	57,091 (0.006%)
Tom Keevil	34,326 (0.003%)

The above shares will be deferred for a period of three years, commencing 9 October 2014, and are subject to a continued employment condition. At the end of the three years, the shares will be released to the participants, subject to the payment of any tax and national insurance liability due on the shares at that time. No matching shares have been awarded against these deferred shares. The number of shares awarded was calculated at a share price of £3.86 per share, being the average of the closing middle-market quotations, as derived from the daily official list of the Stock Exchange, for the first five dealing days following the date of the final results announcement of the Company for the financial year ended 30 June 2014.

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

Executive Director/PDMR	Number of options and awards held (percentage of Issued Share Capital)
Mark Clare	3,120,472 (0.32%)
David Thomas	2,003,785 (0.20%)
Steven Boyes	1,940,100 (0.20%)
Tom Keevil	970,578 (0.10%)