Director/PDMR Shareholding

Barratt Developments PLC

08 April 2024

 

BARRATT DEVELOPMENTS PLC

(the 'Company')

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

Grant of options under the Barratt Developments Savings-Related Share Option Scheme (the 'SAYE')

The Company announces that, following the issue of an invitation to all employees with a minimum of one month's service to participate in the Company's HMRC approved SAYE, David Thomas, Chief Executive of the Company,  and a person closely associated ('PCA') to Steven Boyes, Chief Operating Officer and Deputy Chief Executive of the Company, were granted options over ordinary shares of 10 pence each in the Company under the SAYE on 3 April 2024 as follows:

	Number of options	Option price	Exercise period
David Thomas	2,434	£3.81	1 July 2027 to 31 December 2027
PCA of Steven Boyes	2,434	£3.81	1 July 2027 to 31 December 2027

Following the above transaction, the Company confirms that at the date of this announcement, each of the Executive Directors of the Company, and their persons closely associated, holds the following total number of options and awards over Ordinary Shares of 10 pence each in the Company:

Executive Director	Role	Total number of shares under option and/or award
David Thomas	Chief Executive	1,071,607
Steven Boyes	Chief Operating Officer and Deputy Chief Executive	867,002
Mike Scott	Chief Financial Officer	551,789

Notification of Dealing Form for Mr David Thomas:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Thomas
2	Reason for the notification
a)	Position/status	Chief Executive
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Barratt Developments PLC
b)	LEI	2138006R85VEOF5YNK29
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p ISIN: GB0000811801
b)	Nature of the transaction	Grant of Option under the Barratt Developments Savings-Related Share Option Scheme
c)	Price(s) and volume(s)	Option awarded over 2,434 shares at an exercise price of £3.81 per share
d)	Aggregated information - Aggregated volume - Price	N/A - Single Transaction
e)	Date of the transaction	3 April 2024
f)	Place of transaction	Outside a Trading Venue

Notification of Dealing Form for PCA of Mr Steven Boyes:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Charles Boyes
2	Reason for the notification
a)	Position/status	PCA of Steven Boyes, Chief Operating Officer/ Deputy Chief Executive
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Barratt Developments PLC
b)	LEI	2138006R85VEOF5YNK29
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 10p ISIN: GB0000811801
b)	Nature of the transaction	Grant of Option under the Barratt Developments Savings-Related Share Option Scheme
c)	Price(s) and volume(s)	Option awarded over 2,434 shares at an exercise price of £3.81 per share
d)	Aggregated information - Aggregated volume - Price	N/A - Single Transaction
e)	Date of the transaction	3 April 2024
f)	Place of transaction	Outside a Trading Venue

This notification is made in accordance with the requirements of the UK Market Abuse Regulation.

For further information, please contact:

Tina Bains, Company Secretary              01530 278278

Date of Notification:                                 8 April 2024

 

END