Barratt Developments PLC
07 December 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 7th December 2006 that on the 7th
December 2006 Mourant & Co. Trustees Limited, as trustee of Barratt Developments
Employee Benefit Trust ('the Trust'), disposed of 1,000 Ordinary Shares in the
Company at a price of 1176.5p 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: 7th December 2006
This information is provided by RNS
The company news service from the London Stock Exchange
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